At least 80 new tech unicorns were minted in 2025 so far

With AI igniting an capitalist frenzy, each month, much startups get unicorn status.

Using information from Crunchbase and PitchBook, TechCrunch tracked down the VC-backed startups that became unicorns truthful acold this year. While astir are AI-related, a astonishing fig are focused successful different industries similar outer abstraction companies Loft Orbital and blockchain-based trading tract Kalshi.  

This database volition beryllium updated passim the year, truthful cheque backmost and spot the latest powerhouse startups that are present worthy implicit $1 billion.

November

Genspark — $1.25 billion: This institution builds AI agents to assistance automate tasks. It raised a $275 million Series B, giving it a $1.25 billion valuation, according to Forbes. Backers see Emergence Capital Partners and LV Technology Ventures. The institution was founded successful 2023.  

Gamma — $2.1 billion: This company, which creates AI-generated visuals, specified arsenic websites, announced a $68 cardinal Series B led by a16z, giving it a $2.1 billion valuation, as TechCrunch antecedently reported. The institution launched its archetypal merchandise successful 2022.   

October

Modal — $1.1 billion: This AI cloud computing platform, founded successful 2021, past raised an $87 cardinal Series B, giving it a $1.1 billion valuation, according to Pitchbook. It counts Lux Capital and Redpoint Ventures arsenic investors and has raised astir $110 cardinal successful backing to date.  

Fireworks AI — $4 billion: This AI infrastructure platform for unfastened source models, founded successful 2022, past raised a $250 cardinal Series C giving it a $4 billion valuation, according to Pitchbook. It counts Benchmark Capital and Index Ventures arsenic investors and has raised much than $320 cardinal successful backing to date.  

Substrate — $1 billion: This semiconductor fabrication company, founded successful 2022, past raised a $100 cardinal seed round giving it a $1 billion valuation, according to Pitchbook. It counts Valor Equity Partners and Founders Fund arsenic investors.  

Shop My —  $1.5 billion: This selling and affiliate platform, founded successful 2020, past raised a $70 cardinal Series B giving it a $1.5 billion valuation, according to Pitchbook. It has raised much than $160 cardinal successful backing to day and counts Bain superior Ventures and Bessemer Venture Partners arsenic investors. 

LangChain — $1.3 billion: This agent engineering platform, founded successful 2022, past raised a $125 cardinal Series B giving it a $1.3 billion valuation, according to Pitchbook. It has raised astir $160 cardinal to day and counts Sequoia and Benchmark Capital arsenic investors.  

New Limit — $1.6 billion: This precision medicine company, founded successful 2021, past raised a $45 million round valuing it a $1.6 billion, according to Pitchbook. It counts Kleiner Perkins arsenic an capitalist and has raised much than $240 cardinal successful backing to date.  

Tempo — $5 billion: This blockchain payments company, which counts Thrive Capital arsenic an investor, past raised a $500 cardinal Series A, giving it a $5 billion valuation, according to Pitchbook. It was founded successful 2025.  

Lila — $1.3 billion: This life scientific find company, founded successful 2023, past raised a $235 cardinal Series A giving it astir a $1.3 billion valuation, according to Pitchbook. It counts Braidwell and Collective Global as investors and has raised much than $170 cardinal successful backing to date.  

Reflection — $8 billion: A developer of unfastened instauration models, founded successful 2024, past raised a $2 billion Series B, giving it a $8 billion valuation, according to Pitchbook. It counts Light Speed Venture Partners, Nvidia, and Sequoia arsenic partners and has raised around $2.2 billion in backing to date.  

Stoke — $2 billion: This sustainable rocket company, founded successful 2019, past raised a $610 cardinal Series D, giving it a $2 billion valuation, according to Pitchbook. It counts MaC Venture capital, and the US Innovation Technology Fund arsenic investors and has raised around $1 billion in backing to date.  

 Apex — $1 billion: This company, which uses off-the-shelf components for gathering satellites, was founded successful 2022 and last raised a $200 cardinal Series D, giving it a $1 billion valuation, according to Pitchbook. It counts Andreessen Horowitz and 8VC arsenic investors and has raised much than $500 cardinal successful backing to date.  

September

You.com — $1.5 billion: This company enterprise AI level sells AIs to assistance businesses usage AI more effectively. It last raised a $100 cardinal Series C giving it a $1.5 billion valuation, according to Pitchbook. It was founded successful 2020, counts Time Ventures and Cox Enterprises arsenic investors, and has raised much than $190 cardinal successful backing to date.  

 Enveda — $1.2 billion: This drug discovery analytics platform, which counts Lux Capital and True Ventures as investors, past raised a $150 cardinal Series D giving it a $1.2 billion valuation, according to Pitchbook. It was founded successful 2019 and has raised $520 cardinal to day successful funding.  

Filevine — $3 billion: This legal case management startup past raised a $260 cardinal Series E, counting Accel and Insight Partners arsenic investors, according to Crunchbase. It was founded successful 2014. 

Baseten — $2.2 billion: This AI institution focuses connected exemplary inference to help businesses build and deploy their AI models much effectively. Founded successful 2019, it last raised a $150 cardinal Series D, giving it a $2.2 billion valuation, according to Pitchbook. It counts Greylock and Spark Capital arsenic investors and has raised much than $280 cardinal successful backing to date.  

PsiQuantum — $7 billion: This quantum computing company, looking to build 1 of the “world’s archetypal utile quantum computers,” per its website, counts BlackRock, Founders Fund, and Redpoint Ventures arsenic investors, according to Pitchbook. It was founded in 2015 and last raised a $1 billion Series E. It has raised around $1.7 billion to day successful funding.  

Invisible — $2 billion: This AI exertion integrates into manufacturing bundle to help analyze movement, like from humans oregon robots, connected mill floors. It was founded successful 2015, past raised a $100 million round giving it a $2 billion valuation, according to Pitchbook. It counts Vanara Capital arsenic investors and has raised much than $120 million successful backing to date.  

Flying Tulip — $1 billion: This decentralized trading platform, founded successful 2025, past raised a $200 cardinal seed round giving it a $1 billion valuation, according to Pitchbook. It counts CoinFund Management and Susquehanna Capital as investors.  

Distyl — $1.8 billion: This platform generates and deploys AI autochthonal workflows into concern operations. It was founded in 2022, past raised a $175 million Series B, giving it a $1.8 billion valuation, according to Pitchbook. It counts Khosla Ventures and Lightspeed Venture Partners arsenic investors and has raised much than $200 cardinal to date.  

Modular — $1.6 billion: This AI infrastructure platform lets enterprises update AI systems without impacting the whole system. It counts General Catalyst and GV as investors, last raised a $250 cardinal circular giving it a $1.6 billion valuation, according to Pitchbook. It was founded successful 2022 and has raised around $380 cardinal to date.  

Thyme Care — $1.5 billion: This oncology platform helps supply personalized crab care. It was founded in 2020, last raised a $97 cardinal Series D, giving it a $1.5 billion valuation. It counts a16z and Concord Health Partners arsenic investors and has raised astir $280 cardinal successful backing to date, according to Pitchbook.  

Strive Health — $1.8 billion: This kidney attraction company works with clinicians to assistance attraction for those with kidney disease. It last raised a $300 cardinal Series D counting NEA arsenic investors, according to Crunchbase, giving it a $1.8 billion valuation. It was founded successful 2018.  

Base — $4 billion: This company equipes location with backup location batteries. It was founded in 2023, past raised a $1 billion Series C, giving it a $4 billion valuation, according to Pitchbook. It counts a16z and Valor Equity Partners arsenic investors and has raised much than $1.3 billion in backing to date.  

Eve – $1.1 cardinal — This ineligible AI platform helps with tasks specified arsenic intake and evaluation, and drafting pre-litigation letters. It counts a16z and Lightspeed Venture Partners arsenic investors, past raised a $103 cardinal Series B, giving it a $1.1 billion valuation, according to Pitchbook. It was founded successful 2020 and has raised more than $160 cardinal successful backing to date.  

Posthog — $1.4 billion: This platform that makes devops tools, founded successful 2020, past raised a $75 cardinal Series E, giving it a $1.4 billion valuation, according to Pitchbook. The company, which counts GV and YC arsenic investors, has raised much than $180 cardinal successful backing to date.  

August

Shrapnel — $1.1 billion: This video crippled developer, founded successful 2014, has raised much than $38 cardinal successful backing to day from investors including Gala Games and Griffin Gaming Partners, according to Pitchbook. The institution past raised a $19.5 cardinal Series A, giving it a $1.1 billion valuation.  

Fal — $4 billion: This platform helps developers make images, video, and audio. It was founded in 2021, has raised much than $440 cardinal successful backing to date, from investors including a16z, Kindred Ventures, and Sequoia Capital. The company last raised an around $250 million late late-stage round, giving it a $4 billion valuation.  

CompanyCam — $2 billion: This project absorption platform uses AI to assistance marque occupation tract absorption much efficient. It was founded in 2015, has raised much than $450 million in backing to day from investors including B Capital Group and Insight Partners. It past raised a $415 cardinal Series C, giving it a $2 billion valuation.  

Field AI — $2 billion: This AI institution helps companies autonomously operate robots. Founded successful 2023, this institution has raised much than $500 cardinal successful backing to date, according to Pitchbook, from investors including Khosla Ventures and Bezos Expeditions. The institution past raised a $315 million round, giving it a $2 billion valuation.   

Periodic Labs — $1 billion: This worldly subject institution announced a $300 cardinal seed with a16z arsenic an investor, giving it a $1 billion valuation, Pitchbook estimates. It was founded conscionable this year.  

Polymarket — $9 billion: Founded successful 2017, this trading and betting company has raised much than $2 billion in funding, according to Pitchbook, from investors including General Catalyst and Founders Fund. 

July

Castellion — $2.8 billion: This company creates subject systems to standard and manufacture strike systems. It has raised much than $460 cardinal successful backing to date, according to Pitchbook. Investors successful the company, founded in 2022, include a16z and Lightspeed Venture Partners. The institution past raised a $350 cardinal Series B, giving it a $2.8 billion valuation.  

Also — $1 billion: This electric mobility company, founded in 2025, has raised much than $300 cardinal to date, according to Pitchbook, with investors including Greenoaks Capital and Eclipse Ventures. It was primitively incubated in the electrical conveyance institution Rivian. The institution past raised a $200 million round giving it a $1 billion valuation.  

MaintainX — $2.5 billion: This management bundle company helps businesses measure team performance and negociate enactment orders. It was founded in 2018, and has raised much than $240 cardinal to date, according to Pitchbook, with investors including Bain Capital Ventures, and Bessemer Venture Partners. The institution past raised a $150 cardinal Series D, giving it a $2.5 billion valuation. 

Tala Health — $1.2 billion: This personalized healthcare company uses AI to assistance supply virtual care. It was founded in 2025, has raised much than $100 cardinal to date. The company allows clinicals to usage AI agents to diagnose and dainty patients and past raised a $100 million seed giving it a $1.2 billion valuation.  

Substack — $1.1 billion: This newsletter platform, founded in 2017, has raised much than $200 cardinal to date, according to Pitchbook, with investors including a16z. The institution past raised a $100 million Series C giving it a $1.1 billion valuation.  

Erebor — $2 billion: This company, currently in stealth, was founded successful 2025 and has raised much than $250 cardinal according to Pitchbook, from investors including Founders Fund. The slope works with crypto clients and startups. The institution past raised a $250 million seed giving it a $2 billion valuation.  

Reka — $1 billion: This AI model builder company, founded successful 2022, has raised much than $160 cardinal to day successful funding, according to Pitchbook, with investors including Snowflake and Nvidia. The institution past raised a $110 million early-stage round giving it a $1 billion valuation. 

OnXmaps — $1.4 billion: This mobile mapping company, founded successful 2009, has raised much than $380 cardinal successful backing to date, according to Pitchbook, from investors including Summit Partners. The institution marks spot boundaries to help users enactment on permitted paths arsenic they travel. It past raised a $280 cardinal Series C giving it a nearly $1.4 billion valuation.  

Ambience — $1.25 billion: This AI aesculapian scribe, founded successful 2020, has raised much than $340 cardinal to date, according to Pitchbook, with investors including OpenAI Startup Fund, a16z, and Kleiner Perkins. The institution past raised a $243 million Series C, giving it a $1.25 billion valuation.  

Anaconda — $1.5 billion: This AI platform, which offers open source workflow solutions, was founded successful 2012 and has raised much than $220 cardinal successful backing to date, according to Pitchbook, from investors including General Atlantic and GIC Private. The institution past raised a $150 cardinal Series C, giving it a $1.5 billion valuation.  

June

Linear — $1.25 billion: This bundle improvement merchandise absorption instrumentality last raised an $82 cardinal Series C, valuing the institution astatine $1.25 billion, according to PitchBook. The company, founded successful 2019, has raised much than $130 cardinal successful backing to day from investors, including Accel and Sequoia Capital. 

Gecko — $1.62 billion: This institution makes data-gathering robotics that climb, crawl, swim, and fly. Founded successful 2013, the institution past raised a $121 cardinal Series D, valuing it astatine $1.6 billion, according to PitchBook. Gecko has raised much than $340 cardinal successful backing to day from investors, including Cox Enterprises and Drive Capital. 

Meter — $1.25 billion: This company, which offers managed net infrastructure service to enterprises, past raised a $170 cardinal Series C, valuing the institution astatine $1.25 billion, according to PitchBook. The company, founded successful 2015, has raised much than $250 successful backing to date, from investors including General Catalyst, Sequoia Capital, Sam Altman, and Lachy Groom. 

Teamworks — $1.25 billion: This sports software institution past raised a $247 cardinal Series F, valuing the institution astatine $1.25 billion, according to PitchBook. The company, founded successful 2006, has raised much than $400 cardinal successful backing to day from investors, including Seaport Capital and General Catalyst.  

Thinking Machines — $10 billion: This AI probe company, founded conscionable past twelvemonth by OpenAI alum Mira Murati, raised a $2 cardinal effect round, valuing the institution astatine $10 billion, according to PitchBook. The company’s investors see a16z and Nvidia. 

Kalshi — $2 billion: The fashionable prediction markets company, founded successful 2018, past raised a $185 cardinal Series C, valuing the institution astatine $2 billion, according to PitchBook. The institution has raised much than $290 cardinal successful backing to date, from investors including Sequoia and Global Founders Capital. 

Decagon — $1.5 billion: This customer work AI cause company, founded successful 2023, past raised a $131 cardinal Series C, valuing the institution astatine $1.5 billion, according to PitchBook. The institution has raised much than $231 cardinal successful backing to day from investors, including a16z and Accel. 

May

Pathos — $1.6 billion: This drug improvement company, founded successful 2020, past raised a $365 cardinal Series D, valuing the institution astatine $1.6 billion, according to PitchBook. The institution has raised much than $460 cardinal to day from investors, including General Catalyst and Altimeter Capital Management. 

Statsig — $1.1 billion: This product improvement platform, founded successful 2021, past raised a $100 cardinal Series C, valuing the institution astatine $1.1 billion, according to PitchBook. The institution has raised astir $153 cardinal to day from investors, including Sequoia, Madrona, and ICONIQ Growth. 

Function — $2.5 billion: This health tech company, founded successful 2020, past raised a $200 cardinal round, according to PitchBook, valuing the institution astatine $2.5 billion. The institution has raised much than $250 cardinal successful backing to day from investors, including a16z. 

SpreeAI — $1.5 billion: This company past raised an undisclosed round, according to PitchBook, that valued the institution astatine $1.5 billion. The company, founded successful 2020, has raised much than $20 cardinal to day from investors, including the Davidson Group.

Owner — $1 billion: This restaurant selling bundle company, founded successful 2018, past raised a $120 cardinal Series C, valuing the institution astatine $1 billion, per PitchBook. The institution has raised much than $180 cardinal successful backing to day from investors, including Headline, Redpoint Ventures, SaaStr Fund, and Meritech Capital. 

Awardco — $1 billion: This employee engagement platform past raised a $165 cardinal Series B, valuing the institution astatine $1 billion, per PitchBook. The company, founded successful 2012, has raised much than $230 cardinal successful backing to day from investors, including General Catalyst. 

April

Nourish — $1 billion: This dietitian telehealth company past raised a $70 cardinal Series B, according to PitchBook, valuing the institution astatine $1 billion. The company, founded successful 2020, has raised much than $100 cardinal successful backing to day from investors, including Index Ventures and Thrive Capital. 

Chapter — $1.38 billion: This Medicare usher wellness tech company, founded successful 2013, past raised a $75 cardinal Series D, valuing it astatine $1.38 billion, according to PitchBook. The institution has raised $186 cardinal successful backing to date, with investors including XYZ Venture Capital and Narya. 

Threatlocker — $1.2 billion: This Orlando-based data extortion company past raised a $60 cardinal Series E, valuing the institution astatine $1.2 billion, according to PitchBook. The company, founded successful 2017, has raised much than $200 cardinal successful backing to day from investors, including General Atlantic and StepStone Group. 

Cyberhaven — $1 billion: This data detection company past raised a $100 cardinal Series D successful April, according to PitchBook, valuing the institution astatine $1 billion. The company, launched successful 2015, has raised much than $200 cardinal successful backing to date, with investors including Khosla Ventures and Redpoint Ventures.

March 

Fleetio — $1.5 billion: This Alabama-based startup creates bundle to assistance marque fleet operations easier. It past raised a $454 cardinal Series D astatine a $1.5 cardinal valuation, according to PitchBook. It was launched successful 2012 and has raised $624 cardinal successful backing to date, with investors including Elephant and Growth Equity astatine Goldman Sachs Alternatives.

The Bot Company — $2 billion: This robotics level past raised a $150 cardinal early-stage round, valuing it astatine $2 billion, according to PitchBook. The company, which was founded successful 2024, has raised $300 cardinal to day successful funding. 

Celestial AI — $2.5 billion: The AI institution raised a $250 cardinal Series C led by Fidelity that valued the institution astatine $2.5 billion, per Crunchbase. The company, based successful California, was launched successful 2020 and counts BlackRock and Engine Ventures arsenic investors. It has raised much than $580 cardinal successful superior to date, per PitchBook. 

Underdog Fantasy — $1.3 billion: The sports gaming institution past raised a $70 cardinal Series C valuing the institution astatine $1.3 billion, according to Crunchbase. The company, founded successful 2020, has raised much than $100 cardinal successful superior to date, per PitchBook. Investors see Spark Capital. 

Build Ops — $1 billion: This bundle institution past raised a $122.6 cardinal Series C, valuing it astatine $1 billion. Build Ops, which was launched successful 2018, has raised $273 cardinal successful total, according to PitchBook, with investors including Founders Fund and Fika Ventures. 

Insilico Medicine — $1 billion: The cause probe institution raised a $110 cardinal Series E valuing the institution astatine $1 billion, per Crunchbase. It launched successful 2014, has raised much than $500 cardinal to day successful capital, and counts Lilly Ventures and Value Partners Group arsenic investors. 

Olipop — $2 billion: This fashionable probiotic soda institution past raised a $137.9 cardinal Series C astatine a $1.96 cardinal valuation. It was founded successful 2018 and has raised $243 cardinal to date, with investors including Scoop Ventures and J.P. Morgan Growth Equity Partners. 

Peregrine — $2.5 billion: This information investigation and integration platform, launched successful 2017, past raised a $190 cardinal Series C with a valuation of $2.5 billion. It has raised much than $250 cardinal successful backing to date, according to PitchBook, with investors including Sequoia and Fifth Down Capital. 

Assured — $1 billion: The AI institution helps process claims and past raised a $23 cardinal Series B, valuing the institution astatine $1 billion. It was launched successful 2019 and has raised a small much than $26 cardinal to date, with investors including ICONIQ Capital and Kleiner Perkins. 

February 

Abridge — $2.8 billion: This medtech company, founded successful 2018, past raised a $250 cardinal Series D astatine a $2.75 cardinal valuation, per PitchBook. The institution has raised much than $460 cardinal to day successful backing and counts Elad Gil and IVP arsenic investors. 

OpenEvidence — $1 billion: This medtech company, founded successful 2017, past raised a $75 cardinal Series A astatine a $1 cardinal valuation, per PitchBook. The institution has raised $135 cardinal to day successful backing and counts Sequoia Capital arsenic an investor. 

Hightouch — $1.2 billion: The information platform, founded successful 2018, past raised an $80 cardinal Series C astatine a $1.2 cardinal valuation, per PitchBook. The institution has raised $171 cardinal to day successful backing and counts Sapphire Ventures and Bain Capital Ventures arsenic investors.

January

Kikoff — $1 billion: This idiosyncratic concern level past raised an undisclosed magnitude that valued it astatine $1 billion, according to PitchBook. The company, founded successful 2019, has raised $42.5 cardinal to day and counts Female Founders Fund, Lightspeed Venture Partners, and basketballer Steph Curry arsenic investors. 

Netradyne — $1.35 billion: Founded successful 2015, this machine imaginativeness startup raised a $90 cardinal Series D valuing it astatine $1.35 billion, according to Crunchbase. The circular was led by Point72 Ventures.

Hippocratic AI — $1.6 billion: This startup, founded successful 2023, creates healthcare models. It raised a $141 cardinal Series B, valuing it astatine $1.64 billion, according to Crunchbase. The circular was led by Kleiner Perkins. 

Truveta — $1 billion: This genetic probe company raised a $320 cardinal circular valuing it astatine $1 billion, according to Crunchbase. Founded successful 2020, its investors see the CVCs from Microsoft and Regeneron Pharmaceuticals. 

Clay — $1.25 billion: Founded successful 2017, Clay is an AI income platform. The institution raised a $40 cardinal Series B, valuing it astatine $1.25 billion, according to PitchBook. It has raised much than $100 cardinal to day and counts Sequoia, First Round, Boldstar, and Box Group arsenic investors.  

Mercor — $2 billion: This declaration recruiting startup raised a $100 cardinal Series B valuing it astatine $2 billion. The company, founded successful 2022, counts Felicis, Menlo Ventures, Jack Dorsey, Peter Thiel, and Anthology Fund arsenic investors. 

Loft Orbital — $1 billion: Founded successful 2017, the satellite company raised a $170 cardinal Series C valuing the institution astatine $1 billion, according to Crunchbase. Investors successful the circular included Temasek, Uncork Capital, and Tikehau Capital. 

This communicative was primitively published successful February and is updated periodically with caller information.