The startup ecosystem is buzzing with excitement as AI continues to drive investor interest, leading to the emergence of more unicorn companies each month.
A recent analysis by JS, using data from Crunchbase and PitchBook, has identified several VC-backed startups that have achieved unicorn status in the current year. While many of these unicorns are AI-centric, there are also a surprising number of companies in various industries such as satellite space exploration and blockchain-based trading.
This list of unicorn startups is continuously evolving, so it’s worth revisiting to see the latest additions to the billion-dollar club.
November
Genspark— $1.25 billion: Genspark specializes in building AI agents for task automation. The company recently secured a $275 million Series B funding round, propelling its valuation to $1.25 billion. Notable investors include Emergence Capital Partners and LV Technology Ventures.
Gamma— $2.1 billion: Gamma focuses on AI-generated visuals like websites and has raised $68 million in a Series B round led by a16z, reaching a valuation of $2.1 billion.
October
Modal— $1.1 billion: Modal is an AI cloud computing platform that recently raised $87 million in a Series B round, bringing its valuation to $1.1 billion.
Fireworks AI— $4 billion: Fireworks AI, an AI infrastructure platform for open source models, raised $250 million in a Series C round, achieving a valuation of $4 billion.
Substrate— $1 billion: Substrate, a semiconductor fabrication company, raised $100 million in a seed round, reaching a valuation of $1 billion.
Shop My— $1.5 billion: Shop My is a marketing and affiliate platform that secured a $70 million Series B round, giving it a valuation of $1.5 billion.
LangChain— $1.3 billion: LangChain, an agent engineering platform, raised $125 million in a Series B round, reaching a valuation of $1.3 billion.
New Limit— $1.6 billion: New Limit, a precision medicine company, raised $45 million in a funding round, valuing the company at $1.6 billion.
Tempo— $5 billion: Tempo, a blockchain payments company, secured a $500 million Series A round, reaching a valuation of $5 billion.
Lila— $1.3 billion: Lila, a life science discovery company, raised $235 million in a Series A round, achieving a valuation of around $1.3 billion.
Reflection— $8 billion: Reflection, a developer of open foundation models, raised $2 billion in a Series B round, reaching a valuation of $8 billion.
Stoke— $2 billion: Stoke, a sustainable rocket company, secured a $610 million Series D round, valuing the company at $2 billion.
Apex— $1 billion: Apex, a company specializing in building satellites using off-the-shelf components, raised $200 million in a Series D round, reaching a valuation of $1 billion.
September
You.com— $1.5 billion: You.com is an enterprise AI platform that offers AI solutions to businesses. The company raised $100 million in a Series C round, reaching a valuation of $1.5 billion.
Enveda— $1.2 billion: Enveda, a drug discovery analytics platform, secured $150 million in a Series D round, achieving a valuation of $1.2 billion.
Filevine— $3 billion: Filevine, a legal case management startup, raised $260 million in a Series E round, valuing the company at $3 billion.
Baseten— $2.2 billion: Baseten, an AI company focusing on model inference, raised $150 million in a Series D round, reaching a valuation of $2.2 billion.
PsiQuantum— $7 billion: PsiQuantum, a quantum computing company, raised $1 billion in a Series E round, achieving a valuation of $7 billion.
Invisible— $2 billion: Invisible, an AI technology company that integrates into manufacturing software, raised $100 million in a funding round, valuing the company at $2 billion.
Flying Tulip— $1 billion: Flying Tulip, a decentralized trading platform, raised $200 million in a seed round, reaching a valuation of $1 billion.
Distyl— $1.8 billion: Distyl, a platform that generates and deploys AI native workflows, raised $175 million in a Series B round, achieving a valuation of $1.8 billion.
Modular— $1.6 billion: Modular, an AI infrastructure platform, raised $250 million in a funding round, valuing the company at $1.6 billion.
Thyme Care— $1.5 billion: Thyme Care, an oncology platform, secured $97 million in a Series D round, reaching a valuation of $1.5 billion.
Strive Health— $1.8 billion: Strive Health, a kidney care company, raised $300 million in a Series D round, valuing the company at $1.8 billion.
Base— $4 billion: Base, a company specializing in equipping homes with backup home batteries, raised $1 billion in a Series C round, achieving a valuation of $4 billion.
Eve— $1.1 billion: Eve, a legal AI platform, secured $103 million in a Series B round, reaching a valuation of $1.1 billion.
Posthog— $1.4 billion: Posthog, a platform that develops devops tools, raised $75 million in a Series E round, valuing the company at $1.4 billion.
August
Shrapnel— $1.1 billion: Shrapnel, a video game developer, raised $19.5 million in a Series A round, reaching a valuation of $1.1 billion.
Fal— $4 billion: Fal, a platform that helps developers create images, video, and audio, secured $250 million in a late-stage round, achieving a valuation of $4 billion.
CompanyCam— $2 billion: CompanyCam, a project management platform that uses AI, raised $415 million in a Series C round, valuing the company at $2 billion.
Field AI— $2 billion: Field AI, an AI company that helps companies autonomously operate robots, secured $315 million in a funding round, reaching a valuation of $2 billion.
Periodic Labs— $1 billion: Periodic Labs, a material science company, raised $300 million in a seed round, valuing the company at $1 billion.
Polymarket— $9 billion: Polymarket, a trading and betting company, has raised over $2 billion in funding, with investors including General Catalyst and Founders Fund.
July
Castellion— $2.8 billion: Castellion, a company that creates military systems for scaling and manufacturing strike systems, secured $350 million in a Series B round, reaching a valuation of $2.8 billion.
Also— $1 billion: Also, an electric mobility company, raised $200 million in a funding round, valuing the company at $1 billion.
MaintainX— $2.5 billion: MaintainX, a management software company, secured $150 million in a Series D round, achieving a valuation of $2.5 billion.
Tala Health— $1.2 billion: Tala Health, a personalized healthcare company that uses AI, raised $100 million in a seed round, valuing the company at $1.2 billion.
Substack— $1.1 billion: Substack, a newsletter platform, secured $100 million in a Series C round, reaching a valuation of $1.1 billion.
Erebor— $2 billion: Erebor, a stealth bank working with crypto clients and startups, raised $250 million in a seed round, achieving a valuation of $2 billion.
Reka— $1 billion: Reka, an AI model builder company, raised $110 million in an early-stage round, valuing the company at $1 billion.
OnXmaps— $1.4 billion: OnXmaps, a mobile mapping company, secured $280 million in a Series C round, achieving a valuation of nearly $1.4 billion.
Ambience— $1.25 billion: Ambience, an AI medical scribe company, raised $243 million in a Series C round, reaching a valuation of $1.25 billion.
Anaconda— $1.5 billion: Anaconda, an AI platform offering open source workflow solutions, secured $150 million in a Series C round, valuing the company at $1.5 billion.
