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 this point this 12 months. The record 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 accomplished nicely. This record might be up to date all year long, so test again and see the powerhouses elevating this 12 months!
December
Fervo Vitality — $1.4 billion: This geothermal clear vitality firm, based in 2017, raised a $499 million Sequence D, valuing the corporate at $1.4 billion, in accordance with PitchBook. Traders within the firm embody Invoice Gates, Jeff Bezos, and Richard Branson.
Converse — $1 billion: This AI firm focuses on real-time communications. Based in 2017, it final raised a $78 million Sequence C led by Accel, valuing the corporate at $1 billion, in accordance with Crunchbase.
Anysphere — $2.6 billion: Based in 2022, this AI coding firm raised a $100 million Sequence B, valuing the corporate at $2.6 billion, in accordance with Crunchbase. Thrive Capital and Andreessen Horowitz are buyers within the firm.
Ayar Labs — $1 billion: Based in 2015, this AI information firm raised a $155 million Sequence D spherical, valuing it at $1 billion, in accordance with Crunchbase. Traders within the firm embody Gentle Avenue Capital and Introduction Worldwide.
November
Bodily Intelligence — $2.4 billion: This AI robotics lab analysis, based in early 2024, raised a $400 million Sequence A in accordance with Crunchbase, valuing the corporate at $2.4 billion. Traders embody Jeff Bezos, Lux Capital, and Thrive Capital.
Author — $1.9 billion: This full-stack generative AI platform for the enterprise, based in 2020, raised a $200 million Sequence C, valuing the corporate at $1.9 billion. Premji Make investments, Radical Ventures, and ICONIQ Progress co-led the spherical.
Halcyon — $1 billion: The anti-ransomware firm, based in 2021, raised a $100 million Sequence C, in accordance with Crunchbase, valuing the corporate at $1 billion. Traders embody Evolution Fairness Companions.
Eon — $1.4 billion: This backup software program firm, based in January 2024, raised a $70 million Sequence C, bringing it to a complete of $200 million raised in 2024 and valuing the corporate at $1.4 billion, the corporate confirmed to TechCrunch. Traders embody the enterprise agency Sequoia, Lightspeed, Greenoaks, and BOND.
Flex — $1.9 billion: This hire cost platform, based in 2019, raised a $200 million Sequence D, in accordance with PitchBook, valuing the corporate at $1.75 billion. The corporate has raised greater than $400 million up to now, with buyers together with Tiger World Administration and Spark Progress Ventures.
Clay — $1.25 billion: Based in 2017, Clay is an AI gross sales platform. The corporate raised a $40 million Sequence B, valuing it at $1.25 billion, in accordance with PitchBook. It has raised greater than $100 million up to now and counts Sequoia, First Spherical, Boldstar, and Field Group as buyers.
October
EvenUp — $1 billion: This authorized tech firm raised a $135 million Sequence D, in accordance with Crunchbase, valuing the corporate at $5 billion. Based in 2019, this firm has buyers together with Bain Capital Ventures.
Nimble Robotics — $1 billion: This AI robotics and autonomous logistics firm, based in 2017, raised a $106 million Sequence C, in accordance with PitchBook, valuing the corporate at $1 billion. Traders embody FedEx and Cedar Pine. The corporate has raised $220 million up to now, it confirmed to TechCrunch.
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 up to now from buyers together with 808 Ventures, Zing Capital, and 369 Progress 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. Traders embody Nividia, Sequoia, and a16z, in accordance with Pitchbook.
24M Applied sciences — $1.3 billion: Crunchbase reviews that this firm, based in 2010 to develop battery applied sciences, raised an $87 million Sequence H that valued the corporate at $1.3 billion. Different buyers, in accordance with Pitchbook, embody 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. Traders embody TPG, Capricorn Funding Group, and Pulse Fund, in accordance 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 general 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 accordance with Pitchbook. The corporate has raised greater than $340 million up to now, 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 accordance with Crunchbase, valuing the corporate at $2.25 billion. Pitchbook says different buyers embody 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 accordance with Pitchbook. The corporate has raised $171.9 million up to now, 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 accordance with Pitchbook. The corporate has raised greater than $240 million up to now, 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 accordance with Pitchbook. The corporate has raised $524 million up to now from buyers together with GV, Menlo Ventures, and TriplePoint Capital.
July
Aven — $1 billion: Aven, based in 2019, is a client bank card firm. It reached a $1 billion valuation after closing a $142 million Series D led by Khosla Ventures and Common Catalyst, in accordance 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 Common 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. Traders included Salesforce Ventures and the US Modern Know-how Fund. PitchBook notes the corporate has raised round $322 million up to now.
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 up to now 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 up to now, in accordance 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 up to now.
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 slightly greater than $300 million up to now. Launched in 2015, it has prime buyers on its cap desk, together with Kleiner Perkins and Sapphire Ventures, in accordance 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 often known as Grok.
BillionToOne — $1 billion: This disease-screening genetic testing firm raised a $130 million Sequence D, in accordance 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 Progress, valuing the corporate at $1.5 billion. The corporate has additionally acquired investments from Perception Companions and Endeavor Catalyst, in accordance with PitchBook, and has raised greater than $450 million up to now in funding.
Weka — $1.6 billion: A SaaS information storage firm that focuses on AI use instances, Weka closed a $140 million Series E, valuing the corporate at $1.6 billion, in accordance with PitchBook. Launched in 2013, the corporate has raised around $375 million up to now, 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 up to now, in accordance 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 up to now, in accordance 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 accordance with PitchBook.
April
Cyera — $1.5 billion: Knowledge safety supplier Cyera raised a $300 million Series C in April, valuing the corporate at $1.5 billion, in accordance with PitchBook. Based in 2021, the corporate has raised $460 million in funding up to now 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 accordance with PitchBook. The corporate, based in 2007, has raised slightly greater than $1.31 billion in funding up to now.
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 accordance 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 accordance with PitchBook, from buyers akin 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 accordance with PitchBook. Thus far, the corporate has raised slightly greater than $300 million in enterprise funding from buyers, together with advert tech big AppLovin, Streamlined VC, Mubadala sovereign wealth fund.
March
io.internet — $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 accordance with PitchBook, valuing the corporate at $1 billion. The corporate has solely raised $35 million up to now, with buyers together with sixth Man Ventures, Foresight Ventures, and ArkStream Capital, in accordance 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 up to now.
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 up to now, from buyers together with Progressive and Gaingels, in accordance 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 up to now from buyers, together with Koch Disruptive Applied sciences, Temasek, AMD, Samsung Catalyst Fund and Porsche Automobil Holding.
IntraBio — $1 billion: Intra bio, a neurodegenerative ailments drug discovery firm, raised a $40 million spherical of funding in March that reportedly valued it at $1 billion, in accordance with Crunchbase. Thus far, the corporate has raised greater than $50 million in funding.
Liquid Demise — $1.4 billion: TechCrunch reported that the beverage startup’s final spherical of $67 million valued the corporate at $1.4 billion. Liquid Demise has raised greater than $260 million in funding, in accordance with Crunchbase.
February
Blink Well being — $1.3 billion: Based in 2014, this on-line pharmacy took on $81 million in personal fairness funding, giving it a $1.28 billion post-money valuation. The corporate, which has now acquired a combination of personal fairness and enterprise capital funding, has raised greater than $250 million in funding up to now, with buyers together with 8VC and BoxGroup, in accordance with PitchBook.
NinjaOne — $1.9 billion: This cellular gadget 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 up to now from buyers, together with ICONIQ Progress, in accordance 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 accordance 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 accordance 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 venture for Ethereum known as staking, which includes 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 accordance with PitchBook. In whole, the corporate has raised slightly 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 accordance 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 slightly greater than $232 million in enterprise funding from buyers, together with Hugging Face, NEA Companions, and 137 Ventures, in accordance with PitchBook.
Bugcrowd — $1 billion: This crowdsourced bug-fixing cybersecurity platform raised a $102 million Series E in February, led by Common Catalyst, which valued the corporate at $1 billion, in accordance with Crunchbase. The corporate has raised greater than $180 million up to now.
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 up to now, with buyers like a16z, Sequoia, and SV Angel, in accordance 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 accordance with Crunchbase. PitchBook reveals that IMB Ventures and JPMorgan Chase are additionally backers of the corporate.
Zūm — $1.3 billion: This faculty 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 stated. It has raised $350 million in whole, in accordance with Crunchbase.
This piece was up to date to right the numbers about Huntress’ valuation, and Forsite and Lambda‘s identify, and make clear what 24M Applied sciences produces.
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