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As AI fuels an investor craze, each month, more startups achieve unicorn status.
TechCrunch utilized data from Crunchbase and PitchBook to identify the VC-backed startups that attained unicorn status thus far this year. While a majority relate to AI, a surprisingly large number concentrate on different sectors like satellite space companies Loft Orbital and blockchain-based trading site Kalshi.
This list will receive updates throughout the year; revisit it to discover the latest powerhouse startups now valued at more than $1 billion.
November
Genspark — $1.25 billion: This company develops AI agents to assist in automating tasks. It secured a $275 million Series B, resulting in a $1.25 billion valuation, according to Forbes. Emergence Capital Partners and LV Technology Ventures are among its backers. The company was established in 2023.
Gamma — $2.1 billion: This company, which produces AI-generated visuals, like websites, announced a $68 million Series B led by a16z, giving it a $2.1 billion valuation, as TechCrunch previously covered. The company released its initial product in 2022.
October
Modal — $1.1 billion: This AI cloud computing platform, established in 2021, most recently secured an $87 million Series B, leading to a $1.1 billion valuation, as reported by Pitchbook. Lux Capital and Redpoint Ventures are listed as investors, and it has accumulated approximately $110 million in funding to date.
Fireworks AI — $4 billion: This AI infrastructure platform for open source models, created in 2022, last obtained a $250 million Series C resulting in a $4 billion valuation, according to Pitchbook. Benchmark Capital and Index Ventures are listed as investors, and it has amassed over $320 million in funding thus far.
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Substrate — $1 billion: This semiconductor fabrication company, established in 2022, most recently obtained a $100 million seed round giving it a $1 billion valuation, as stated by Pitchbook. Valor Equity Partners and Founders Fund are listed as investors.
Shop My — $1.5 billion: This marketing and affiliate platform, established in 2020, most recently obtained a $70 million Series B, resulting in a $1.5 billion valuation, according to Pitchbook. It has amassed over $160 million in funding thus far, and Bain capital Ventures and Bessemer Venture Partners are listed as investors.
LangChain — $1.3 billion: This agent engineering platform, established in 2022, last secured a $125 million Series B leading to a $1.3 billion valuation, as stated by Pitchbook. It has amassed roughly $160 million thus far and lists Sequoia and Benchmark Capital as investors.
New Limit — $1.6 billion: This precision medicine company, established in 2021, most recently secured a $45 million round valuing it at a $1.6 billion, according to Pitchbook. Kleiner Perkins is listed as an investor, and it has amassed over $240 million in funding thus far.
Tempo — $5 billion: This blockchain payments company, which counts Thrive Capital as an investor, last secured a $500 million Series A, resulting in a $5 billion valuation, according to Pitchbook. It was established in 2025.
Lila — $1.3 billion: This life scientific discovery company, established in 2023, last obtained a $235 million Series A, leading to roughly a $1.3 billion valuation, according to Pitchbook. Braidwell and Collective Global are listed as investors, and it has amassed over $170 million in funding thus far.
Reflection — $8 billion: A developer of open foundation models, established in 2024, most recently secured a $2 billion Series B, resulting in it a $8 billion valuation, according to Pitchbook. Light Speed Venture Partners, Nvidia, and Sequoia are listed as partners, and it has accumulated roughly $2.2 billion in funding thus far.
Stoke — $2 billion: This sustainable rocket company, established in 2019, most recently secured a $610 million Series D, resulting in a $2 billion valuation, as stated by Pitchbook. MaC Venture capital, and the US Innovation Technology Fund are listed as investors and has amassed roughly $1 billion in funding to date.
Apex — $1 billion: This company, which uses off-the-shelf components for constructing satellites, was established in 2022 and most recently secured a $200 million Series D, giving it a $1 billion valuation, according to Pitchbook. Andreessen Horowitz and 8VC are listed as investors and has amassed over $500 million in funding to date.
September
You.com — $1.5 billion: This company’s enterprise AI platform sells AIs to enable businesses to utilize AI more effectively. It last obtained a $100 million Series C resulting in a $1.5 billion valuation, as reported by Pitchbook. Established in 2020, it lists Time Ventures and Cox Enterprises as investors and has amassed over $190 million in funding thus far.
Enveda — $1.2 billion: This drug discovery analytics platform, which lists Lux Capital and True Ventures as investors, last secured a $150 million Series D resulting in a $1.2 billion valuation, as reported by Pitchbook. Established in 2019, it has amassed $520 million to date in funding.
Filevine — $3 billion: This legal case management startup last obtained a $260 million Series E, listing Accel and Insight Partners as investors, as stated by Crunchbase. It was established in 2014.
Baseten — $2.2 billion: This AI company focuses on model inference to enable businesses to build and deploy their AI models more effectively. Established in 2019, it last obtained a $150 million Series D, resulting in a $2.2 billion valuation, according to Pitchbook. It lists Greylock and Spark Capital as investors and has amassed over $280 million in funding thus far.
PsiQuantum — $7 billion: This quantum computing company, aiming to build one of the “world’s first useful quantum computers,” according to its website, lists BlackRock, Founders Fund, and Redpoint Ventures as investors, as stated by Pitchbook. It was established in 2015 and last obtained a $1 billion Series E. It has amassed roughly $1.7 billion to date in funding.
Invisible — $2 billion: This AI technology integrates into manufacturing software to help analyze movement, like from humans or robots, on factory floors. It was established in 2015, most recently secured a $100 million round leading to a $2 billion valuation, as stated by Pitchbook. It lists Vanara Capital as investors and has amassed over $120 million in funding thus far.
Flying Tulip — $1 billion: This decentralized trading platform, established in 2025, most recently secured a $200 million seed round resulting in a $1 billion valuation, according to Pitchbook. CoinFund Management and Susquehanna Capital are listed as investors.
Distyl — $1.8 billion: This platform generates and deploys AI native workflows into business operations. It was established in 2022, most recently secured a $175 million Series B, leading to a $1.8 billion valuation, according to Pitchbook. It lists Khosla Ventures and Lightspeed Venture Partners as investors and has amassed over $200 million to date.
Modular — $1.6 billion: This AI infrastructure platform enables enterprises to update AI systems without impacting the whole system. It lists General Catalyst and GV as investors, most recently secured a $250 million round leading to a $1.6 billion valuation, as stated by Pitchbook. Established in 2022, it has amassed roughly $380 million to date.
Thyme Care — $1.5 billion: This oncology platform assists in providing personalized cancer care. Established in 2020, it most recently secured a $97 million Series D, resulting in a $1.5 billion valuation. It lists a16z and Concord Health Partners as investors and has amassed roughly $280 million in funding thus far, according to Pitchbook.
Strive Health — $1.8 billion: This kidney care company collaborates with clinicians to assist in caring for individuals with kidney disease. It last obtained a $300 million Series D listing NEA as investors, as stated by Crunchbase, leading to a $1.8 billion valuation. It was established in 2018.
Base — $4 billion: This company equips homes with backup home batteries. Established in 2023, it most recently secured a $1 billion Series C, giving it a $4 billion valuation, as reported by Pitchbook. It lists a16z and Valor Equity Partners as investors and has amassed over $1.3 billion in funding thus far.
Eve – $1.1 billion — This legal AI platform assists with tasks like intake and evaluation, as well as drafting pre-litigation letters. It lists a16z and Lightspeed Venture Partners as investors, most recently securing a $103 million Series B, resulting in a $1.1 billion valuation, according to Pitchbook. Established in 2020, it has secured more than $160 million in funding thus far.
Posthog — $1.4 billion: This platform that creates devops tools, established in 2020, most recently secured a $75 million Series E, resulting in a $1.4 billion valuation, as reported by Pitchbook. The company, which lists GV and YC as investors, has amassed over $180 million in funding thus far.
August
Shrapnel — $1.1 billion: This video game developer, established in 2014, has amassed over $38 million in funding thus far from investors including Gala Games and Griffin Gaming Partners, according to Pitchbook. The company last secured a $19.5 million Series A, resulting in a $1.1 billion valuation.
Fal — $4 billion: This platform assists developers in creating images, video, and audio. It was established in 2021, has amassed over $440 million in funding thus far, from investors including a16z, Kindred Ventures, and Sequoia Capital. The company last secured an around $250 million late late-stage round, resulting in a $4 billion valuation.
CompanyCam — $2 billion: This project management platform employs AI to assist in making job site management more efficient. It was established in 2015, has amassed over $450 million in funding thus far from investors including B Capital Group and Insight Partners. It last secured a $415 million Series C, leading to a $2 billion valuation.
Field AI — $2 billion: This AI company assists companies in autonomously operating robots. Established in 2023, this company has amassed over $500 million in funding thus far, according to Pitchbook, from investors including Khosla Ventures and Bezos Expeditions. The company last secured a $315 million round, resulting in a $2 billion valuation.
Periodic Labs — $1 billion: This material science company announced a $300 million seed with a16z as an investor, resulting in a $1 billion valuation, Pitchbook estimates. It was established just this year.
Polymarket — $9 billion: Established in 2017, this trading and betting company has amassed over $2 billion in funding, according to Pitchbook, from investors including General Catalyst and Founders Fund.
July
Castellion — $2.8 billion: This company creates military systems to scale and manufacture strike systems. It has amassed over $460 million in funding to date, according to Pitchbook. Investors in the company, established in 2022, include a16z and Lightspeed Venture Partners. The company last secured a $350 million Series B, resulting in a $2.8 billion valuation.
Also — $1 billion: This electric mobility company, established in 2025, has amassed over $300 million to date, according to Pitchbook, with investors including Greenoaks Capital and Eclipse Ventures. It was originally incubated in the electric vehicle company Rivian. The company last secured a $200 million round resulting in a $1 billion valuation.
MaintainX — $2.5 billion: This management software company assists businesses in assessing team performance and managing work orders. It was established in 2018, and has amassed over $240 million to date, according to Pitchbook, with investors including Bain Capital Ventures, and Bessemer Venture Partners. The company last secured a $150 million Series D, giving it a $2.5 billion valuation.
Tala Health — $1.2 billion: This personalized healthcare company employs AI to assist in providing virtual care. It was established in 2025, has amassed over $100 million to date. The company allows clinicals to employ AI agents to diagnose and treat patients and last secured a $100 million seed resulting in a $1.2 billion valuation.
Substack — $1.1 billion: This newsletter platform, established in 2017, has amassed over $200 million to date, according to Pitchbook, with investors including a16z. The company last secured a $100 million Series C leading to a $1.1 billion valuation.
Erebor — $2 billion: This company, currently in stealth, was established in 2025 and has amassed over $250 million according to Pitchbook, from investors including Founders Fund. The bank works with crypto clients and startups. The company last secured a $250 million seed resulting in a $2 billion valuation.
Reka — $1 billion: This AI model builder company, established in 2022, has amassed more than $160 million to date in funding, according to Pitchbook, with investors including Snowflake and Nvidia. The company last secured a $110 million early-stage round giving it a $1 billion valuation.
OnXmaps — $1.4 billion: This mobile mapping company, established in 2009, has amassed over $380 million in funding thus far, according to Pitchbook, from investors including Summit Partners. The company marks property boundaries to help users remain on permitted paths as they travel. It last secured a $280 million Series C resulting in a nearly $1.4 billion valuation.
Ambience — $1.25 billion: This AI medical scribe, established in 2020, has amassed over $340 million to date, according to Pitchbook, with investors including OpenAI Startup Fund, a16z, and Kleiner Perkins. The company last secured a $243 million Series C, resulting in a $1.25 billion valuation.
Anaconda — $1.5 billion: This AI platform, which offers open source workflow solutions, was established in 2012 and has amassed over $220 million in funding thus far, according to Pitchbook, from investors including General Atlantic and GIC Private. The company last secured a $150 million Series C, leading to a $1.5 billion valuation.
June
Linear — $1.25 billion: This software development product management tool most recently secured an $82 million Series C, valuing the company at $1.25 billion, according to PitchBook. The company, established in 2019, has amassed more than $130 million in funding thus far from investors, including Accel and Sequoia Capital.
Gecko — $1.62 billion: This company creates data-gathering robotics that climb, crawl, swim, and fly. Established in 2013, the company last secured a $121 million Series D, valuing it at $1.6 billion, according to PitchBook. Gecko has amassed more than $340 million in funding thus far from investors, including Cox Enterprises and Drive Capital.
Meter — $1.25 billion: This company, which provides managed internet infrastructure service to enterprises, most recently secured a $170 million Series C, valuing the company at $1.25 billion, according to PitchBook. The company, established in 2015, has amassed more than $250 in funding thus far, from investors including General Catalyst, Sequoia Capital, Sam Altman, and Lachy Groom.
Teamworks — $1.25 billion: This sports software company most recently secured a $247 million Series F, valuing the company at $1.25 billion, according to PitchBook. The company, established in 2006, has amassed more than $400 million in funding thus far from investors, including Seaport Capital and General Catalyst.
Thinking Machines — $10 billion: This AI research company, established just last year by OpenAI alum Mira Murati, secured a $2 billion seed round, valuing the company at $10 billion, according to PitchBook. The company’s investors include a16z and Nvidia.
Kalshi — $2 billion: The popular prediction markets company, established in 2018, most recently secured a $185 million Series C, valuing the company at $2 billion, according to PitchBook. The company has amassed more than $290 million in funding thus far, from investors including Sequoia and Global Founders Capital.
Decagon — $1.5 billion: This customer service AI agent company, established in 2023, most recently secured a $131 million Series C, valuing the company at $1.5 billion, according to PitchBook. The company has amassed more than $231 million in funding thus far from investors, including a16z and Accel.
May
Pathos — $1.6 billion: This drug development company, established in 2020, most recently secured a $365 million Series D, valuing the company at $1.6 billion, according to PitchBook. The company has amassed more than $460 million to date from investors, including General Catalyst and Altimeter Capital Management.
Statsig — $1.1 billion: This product development platform, established in 2021, most recently secured a $100 million Series C, valuing the company at $1.1 billion, according to PitchBook. The company has amassed around $153 million to date from investors, including Sequoia, Madrona, and ICONIQ Growth.
Function — $2.5 billion: This health tech company, established in 2020, most recently secured a $200 million round, according to PitchBook, valuing the company at $2.5 billion. The company has amassed more than $250 million in funding thus far from investors, including a16z.
SpreeAI — $1.5 billion: This company last secured an undisclosed round, according to PitchBook, that valued the company at $1.5 billion. The company, established in 2020, has amassed more than $20 million to date from investors, including the Davidson Group.
Owner — $1 billion: This restaurant marketing software company, established in 2018, most recently secured a $120 million Series C, valuing the company at $1 billion, per PitchBook. The company has amassed more than $180 million in funding thus far from investors, including Headline, Redpoint Ventures, SaaStr Fund, and Meritech Capital.
Awardco — $1 billion: This employee engagement platform last secured a $165 million Series B, valuing the company at $1 billion, per PitchBook. The company, established in 2012, has amassed more than $230 million in funding thus far from investors, including General Catalyst.
April
Nourish — $1 billion: This dietitian telehealth company most recently secured a $70 million Series B, according to PitchBook, valuing the company at $1 billion. The company, established in 2020, has amassed more than $100 million in funding thus far from investors, including Index Ventures and Thrive Capital.
Chapter — $1.38 billion: This Medicare guide health tech company, established in 2013, most recently secured a $75 million Series D, valuing it at $1.38 billion, according to PitchBook. The company has amassed $186 million in funding to date, with investors including XYZ Venture Capital and Narya.
Threatlocker — $1.2 billion: This Orlando-based data protection company most recently secured a $60 million Series E, valuing the company at $1.2 billion, according to PitchBook. The company, established in 2017, has amassed more than $200 million in funding thus far from investors, including General Atlantic and StepStone Group.
Cyberhaven — $1 billion: This data detection company most recently secured a $100 million Series D in April, according to PitchBook, valuing the company at $1 billion. The company, launched in 2015, has amassed more than $200 million in funding to date, with investors including Khosla Ventures and Redpoint Ventures.
March
Fleetio — $1.5 billion: This Alabama-based startup creates software to assist in making fleet operations easier. It last secured a $454 million Series D at a $1.5 billion valuation, according to PitchBook. It was launched in 2012 and has amassed $624 million in funding to date, with investors including Elephant and Growth Equity at Goldman Sachs Alternatives.
The Bot Company — $2 billion: This robotics platform last secured a $150 million early-stage round, valuing it at $2 billion, according to PitchBook. The company, which was established in 2024, has amassed $300 million to date in funding.
Celestial AI — $2.5 billion: The AI company secured a $250 million Series C led by Fidelity that valued the company at $2.5 billion, per Crunchbase. The company, based in California, was launched in 2020 and counts BlackRock and Engine Ventures as investors. It has amassed more than $580 million in capital to date, per PitchBook.
Underdog Fantasy — $1.3 billion: The sports gaming company last secured a $70 million Series C valuing the company at $1.3 billion, according to Crunchbase. The company, established in 2020, has amassed more than $100 million in capital to date, per PitchBook. Investors include Spark Capital.
Build Ops — $1 billion: This software company last secured a $122.6 million Series C, valuing it at $1 billion. Build Ops, which was launched in 2018, has amassed $273 million in total, according to PitchBook, with investors including Founders Fund and Fika Ventures.
Insilico Medicine — $1 billion: The drug research company secured a $110 million Series E valuing the company at $1 billion, per Crunchbase. It launched in 2014, has amassed more than $500 million to date in capital, and counts Lilly Ventures and Value Partners Group as investors.
Olipop — $2 billion: This popular probiotic soda company last secured a $137.9 million Series C at a $1.96 billion valuation. It was established in 2018 and has amassed $243 million to date, with investors including Scoop Ventures and J.P. Morgan Growth Equity Partners.
Peregrine — $2.5 billion: This data analysis and integration platform, launched in 2017, last secured a $190 million Series C with a valuation of $2.5 billion. It has amassed more than $250 million in funding to date, according to PitchBook, with investors including Sequoia and Fifth Down Capital.
Assured — $1 billion: The AI company assists in processing claims and last secured a $23 million Series B, valuing the company at $1 billion. It was launched in 2019 and has amassed a little more than $26 million to date, with investors including ICONIQ Capital and Kleiner Perkins.
February
Abridge — $2.8 billion: This medtech company, established in 2018, last secured a $250 million Series D at a $2.75 billion valuation, per PitchBook. The company has amassed more than $460 million to date in funding and counts Elad Gil and IVP as investors.
OpenEvidence — $1 billion: This medtech company, established in 2017, last
