Regardless of the tight enterprise capital market, unicorns are nonetheless being created each month.
Utilizing information from Crunchbase, CB Insights, and PitchBook, TechCrunch tracked down the newly minted unicorns to date this 12 months. The checklist consists of Elon Musk’s xAI, which is already valued at a staggering $24 billion, in addition to a very good variety of different AI startups. However cybersecurity, well being tech and fintech have additionally finished nicely. This checklist might be up to date all year long, so examine again and see the powerhouses elevating this 12 months!
September
Rentberry — $1 billion: This actual property firm that lists long-term leases, based in 2015, raised a $90 million Sequence A valuing the corporate at $1 billion. The corporate has raised greater than $100 million to this point from buyers together with 808 Ventures, Zing Capital, and 369 Development Companions.
Secure Superintelligence — $1 billion: This AI analysis firm based in 2024 by Open AI co-founder Ilya Sutskever raised $1 billion, giving it a valuation of $5 billion. Buyers embrace Nividia, Sequoia, and a16z, in line with Pitchbook.
24M Applied sciences — $1.3 billion: Crunchbase reviews that this firm, based in 2010 to make batteries, raised an $87 million Sequence H that valued the corporate at $1.3 billion. Different buyers, in line with Pitchbook, embrace Volkswagen Group and FujiFilm.
Twelve — $1 billion: Based in 2015 to make clear jet gas, this firm raised a $200 million Sequence C, valuing it at $1 billion. Buyers embrace TPG, Capricorn Funding Group, and Pulse Fund, in line with Crunchbase.
August
Groq — $2.8 billion: This AI chip startup based in 2016 raised a $640 million funding spherical led by Blackrock in August, valuing the corporate at $2.8 billion. The corporate total has raised more than $1 billion, with different buyers together with Sort One Ventures and Samsung Catalyst Fund.
Altana Applied sciences — $1 billion: Based in 2018, this world provide chain firm raised a $221.4 million Sequence C, valuing the corporate at $1 billion, in line with Pitchbook. The corporate has raised greater than $340 million to this point, from buyers together with Salesforce Ventures and GV.
Story Protocol — $2.45 billion: This blockchain firm, based in 2022, raised an $80 million Sequence B led by a16z, in line with Crunchbase, valuing the corporate at $2.25 billion. Pitchbook says different buyers embrace Foresight Ventures and Samsung NEXT Ventures.
EliseAI — $1 billion: This AI property administration platform, based in 2017, final raised a $75 million Sequence D, valuing the corporate at $1 billion, in line with Pitchbook. The corporate has raised $171.9 million to this point, from buyers together with Sapphire Ventures and Point72 Ventures.
Codeium — $1.3 billion: This AI code completion and chat device, based in 2021, raised a $150 million Sequence C that valued the corporate at $1.25 billion, in line with Pitchbook. The corporate has raised greater than $240 million to this point, from buyers together with Founders Fund, and Base Case Capital.
HomeLight — $1.7 billion: Based in 2012, this actual property market raised a $235 million Sequence D that valued the corporate at $1.7 billion, in line with Pitchbook. The corporate has raised $524 million to this point from buyers together with GV, Menlo Ventures, and TriplePoint Capital.
July
Aven — $1 billion: Aven, based in 2019, is a shopper bank card firm. It reached a $1 billion valuation after closing a $142 million Series D led by Khosla Ventures and Basic Catalyst, in line with CB Insights.
Flo Well being — $1 billion: This fertility-tracking app introduced a $200 million Sequence C, valuing the corporate at greater than $1 billion, TechCrunch reported. Based in 2015, the corporate has raised greater than $290 million in whole funding from buyers, together with Basic Atlantic.
Altana Applied sciences — $1 billion: This world provide chain administration firm, based in 2018, closed a $200 million Sequence C, valuing it at $1 billion. Buyers included Salesforce Ventures and the US Progressive Expertise Fund. PitchBook notes the corporate has raised round $322 million to this point.
Chainguard — $1.1 billion: This cybersecurity company introduced a $140 million Sequence C, valuing the corporate at $1.12 billion. Based in 2021, Chainguard has raised greater than $256 million to this point from buyers, together with Sequoia Capital, Lightspeed Enterprise Companions, and Redpoint Ventures.
Harvey — $1.5 billion: Authorized AI platform Harvey raised a $100 million round from buyers, together with Google Ventures, OpenAI, Kleiner Perkins, Sequoia Capital, that introduced its valuation to $1.5 billion. It has now raised a complete of $206 million.
Saronic Applied sciences — $1 billion: Saronic, a protection tech maker of autonomous surface vessels, raised a $175 million Sequence B at a $1 billion valuation, led by Andreessen Horowitz, with different backers together with 8VC, Caffeinated Capital and Elad Gil. It has now raised $244.5 million to this point, in line with PitchBook.
June
Creatio — $1.2 billion: The workflow automation platform, based in 2014, raised a $200 million funding spherical led by Sapphire Ventures, valuing the corporate at $1.2 billion, TechCrunch previously reported. Pitchbook says the corporate has raised greater than $260 million to this point.
Huntress — $1.55 billion: The managed cybersecurity startup that provides prolonged detection and response (EDR) tech closed a $150 million Sequence D, valuing the corporate at $1.55 billion. The corporate has raised somewhat greater than $300 million to this point. Launched in 2015, it has prime buyers on its cap desk, together with Kleiner Perkins and Sapphire Ventures, in line with PitchBook.
xAI — $24 billion: Based solely final 12 months by Elon Musk, this AI startup is already valued at $24 billion after closing a $6 billion Series B backed by buyers like Andreessen Horowitz, Craft Ventures, Constancy Investments, and Sequoia. xAI affords the multimodal massive language mannequin generally known as Grok.
BillionToOne — $1 billion: This disease-screening genetic testing firm raised a $130 million Sequence D, in line with Crunchbase, valuing the corporate at $1 billion.
Might
Altruist — $1.5 billion: This fintech startup, which affords funding administration for unbiased registered funding advisers, was based in 2018. It raised a $169 million Series E in May, led by ICONIQ Development, valuing the corporate at $1.5 billion. The corporate has additionally obtained investments from Perception Companions and Endeavor Catalyst, in line with PitchBook, and has raised greater than $450 million to this point in funding.
Weka — $1.6 billion: A SaaS information storage firm that makes a speciality of AI use instances, Weka closed a $140 million Series E, valuing the corporate at $1.6 billion, in line with PitchBook. Launched in 2013, the corporate has raised around $375 million to this point, with buyers together with Valor Fairness Companions, Technology Funding Administration, and Nvidia.
Farcaster — $1 billion: The open supply, blockchain-based social media startup closed a $150 million Sequence A led by Paradigm, resulting in a post-money valuation of $1 billion. Launched in 2021, it’s backed by a16z and Union Sq. Ventures and has raised greater than $180 million in funding to this point, in line with PitchBook.
Sigma Computing — $1.5 billion: This AI-driven big data analytics startup raised a spherical in Might that valued it at $1.5 billion. The corporate has raised nearly $560 million to this point, in line with Crunchbase.
Humanity Protocol — $1 billion: This blockchain palm-scanning identification startup, based in 2023, raised a $30 million seed spherical, giving it a post-money valuation of $1 billion. In whole, the corporate has solely raised $30 million from buyers, together with hedge fund Ash Park Capital and Aza Ventures, in line with PitchBook.
April
Cyera — $1.5 billion: Information safety supplier Cyera raised a $300 million Series C in April, valuing the corporate at $1.5 billion, in line with PitchBook. Based in 2021, the corporate has raised $460 million in funding to this point from buyers, together with Redpoint Ventures and Accel.
Monad Labs — $3 billion: Monad, which is engaged on a sooner model of the Ethereum blockchain, raised a $225 million Sequence A in April, valuing the company at $3 billion. Thus far, the corporate has raised greater than $244 million from buyers, together with Amber Group and Artichoke Capital.
Nexamp — $1.5 billion: This clean-energy firm raised a $520 million spherical with a combination of debt and enterprise financing that valued the corporate at $1.08 billion, in line with PitchBook. The corporate, based in 2007, has raised somewhat greater than $1.31 billion in funding to this point.
Develop Remedy — $1.4 billion: This therapist-finder well being tech firm launched in 2020 and raised an $88 million Series C round in April, in line with PitchBook, valuing the company at $1.4 billion. Thus far, the corporate has raised nearly $180 million in funding from buyers, together with Sequoia, Goldman Sachs, and actress Anna Kendrick.
Cognition AI — $2 billion: Cognition, which is engaged on an AI software program engineer named Devin, reportedly raised a $175 million Sequence B in April, valuing the company at $2 billion. Thus far, the corporate, based in 2023, has raised $196 million, in line with PitchBook, from buyers comparable to Founders Fund, Khosla Ventures and Pear.
Xaira Therapeutics — $2.7 billion: This AI drug discovery startup, based in 2023, launched with a huge $1 billion Series A in April, giving it a valuation of $2.7 billion. The corporate has raised $1 billion in whole funding from buyers ARCH Enterprise Companions, Foresite Capital, Menlo Ventures, Lux Capital, and New Enterprise Associates.
Flip — $1.19 billion: This social commerce platform, based in 2019, raised a $144 million Sequence C, valuing the corporate at $1.19 billion, in line with PitchBook. Thus far, the corporate has raised somewhat greater than $300 million in enterprise funding from buyers, together with advert tech big AppLovin, Streamlined VC, Mubadala sovereign wealth fund.
March
io.web — $1 billion: This cloud service, which places GPUs from information facilities and cryptocurrency miners right into a decentralized community that can be utilized by AI fashions, was based in 2019. (It was geared towards quant buying and selling). It closed a $33 million Sequence A in March, in line with PitchBook, valuing the corporate at $1 billion. The corporate has solely raised $35 million to this point, with buyers together with sixth Man Ventures, Foresight Ventures, and ArkStream Capital, in line with PitchBook.
Perplexity — $1 billion: The famed AI search engine raised a $73.6 million Series B in January at a $520 million valuation, adopted by a further $62.7 million in April, doubling Perplexity‘s valuation to $1.04 billion. The corporate has raised $165 million to this point.
Octane — $1.1 billion: An organization that offers instant financing on mowers and leisure automobiles, Octane raised $50 million in April, giving in a post-money valuation of $1.11 billion. The corporate, launched in 2014, has raised round $250 million million in funding to this point, from buyers together with Progressive and Gaingels, in line with PitchBook.
Celestial AI — $1.2 billion: The AI firm raised a $175 million Sequence C in March, valuing it at $1.2 billion, led by billionaire Thomas Tull’s USIT fund. The corporate has raised $339 million to this point from buyers, together with Koch Disruptive Applied sciences, Temasek, AMD, Samsung Catalyst Fund and Porsche Automobil Holding.
IntraBio — $1 billion: Intra bio, a neurodegenerative illnesses drug discovery firm, raised a $40 million spherical of funding in March that reportedly valued it at $1 billion, in line with Crunchbase. Thus far, the corporate has raised greater than $50 million in funding.
Liquid Dying — $1.4 billion: TechCrunch reported that the beverage startup’s final spherical of $67 million valued the corporate at $1.4 billion. Liquid Dying has raised greater than $260 million in funding, in line with Crunchbase.
February
Blink Well being — $1.3 billion: Based in 2014, this on-line pharmacy took on $81 million in non-public fairness funding, giving it a $1.28 billion post-money valuation. The corporate, which has now obtained a combination of personal fairness and enterprise capital funding, has raised greater than $250 million in funding to this point, with buyers together with 8VC and BoxGroup, in line with PitchBook.
NinjaOne — $1.9 billion: This cell machine administration and safety firm raised a $231 million Series C in February, giving it a $1.9 billion post-money valuation, it said. The corporate has raised $282.7 million to this point from buyers, together with ICONIQ Development, in line with PitchBook.
Ascend Components — $1.6 billion: This sustainable battery firm raised a $162 million spherical in February, it said. This offers it a post-money valuation of $1.61 billion, in line with PitchBook. Thus far, the corporate has raised greater than $1 billion in funding from buyers, together with Simply Local weather, Clearvision Ventures, and Irongrey.
Lambda — $1.5 billion: This GPU cloud computing platform for AI use raised a $320 million Sequence C in February at a post-money valuation of $1.52 billion. It then raised one other $800 million spherical in July, in line with PitchBook. In whole, the corporate has raised nearly $900 million, with buyers together with Garry Tan, Bloomberg Beta, and Alumni Ventures.
EigenLayer — $1.1 billion: EigenLayer is behind a brand new mission for Ethereum referred to as staking, which entails utilizing Ether tokens as safety. Launched in 2021, it picked up a $100 million Sequence B in February, led by a16z, giving it a $1 billion valuation, in line with PitchBook. In whole, the corporate has raised somewhat greater than $160 million in enterprise funding, with different backers together with Blockchain Capital and Apollo Crypto.
Determine — $2.6 billion: The humanoid robotic firm raised a $675 million Series B in February, giving it a valuation of $2.6 billion. In whole, Figure has raised nearly $850 million in enterprise funding, with buyers together with Bezos Expeditions, Calm Ventures, Intel, Nvidia, OpenAI and Microsoft, in line with PitchBook.
Collectively AI — $1.25 billion: This cloud service for running open source AI models raised a $106 million spherical led by Salesforce Ventures, giving the corporate a post-money valuation of $1.25 billion. Collectively AI has raised somewhat greater than $232 million in enterprise funding from buyers, together with Hugging Face, NEA Companions, and 137 Ventures, in line with PitchBook.
Bugcrowd — $1 billion: This crowdsourced bug-fixing cybersecurity platform raised a $102 million Series E in February, led by Basic Catalyst, which valued the corporate at $1 billion, in line with Crunchbase. The corporate has raised greater than $180 million to this point.
January
ElevenLabs — $1 billion: The AI text-to-speech generator startup, specializing in language dubbing, picked up an $80 million Series B in January, giving it a post-money valuation of $1 billion. ElevenLabs has raised $101 million to this point, with buyers like a16z, Sequoia, and SV Angel, in line with Crunchbase.
Quantinuum — $5.3 billion: Based in 2021, the quantum computing cloud service raised a $300 million spherical in January led by Honeywell, valuing the corporate at $5.3 billion, in line with Crunchbase. PitchBook reveals that IMB Ventures and JPMorgan Chase are additionally backers of the corporate.
Zūm — $1.3 billion: This college transportation fleet administration startup closed a $140 million Sequence E spherical in January led by Singapore agency GIC, valuing Zūm at $1.3 billion, the corporate mentioned. It has raised $350 million in whole, in line with Crunchbase.
This piece was up to date to right the numbers about Huntress’ valuation, and Forsite and Lambda‘s title.
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