By 2025, At Least 36 New Tech Unicorns Anticipated to Arise.

The increase in AI investments has resulted in a growing number of startups achieving unicorn status each month.

By leveraging data from Crunchbase and PitchBook, TechCrunch highlights the VC-backed startups that have reached unicorn valuations this year. While many of these companies are centered around AI, others span diverse sectors, with Loft Orbital in satellite technology and Kalshi in blockchain trading also making headlines.

This list will be updated regularly throughout the year, so be sure to check back for the most current information on startups valued at over $1 billion.

June

Linear — $1.25 billion: This product management software recently completed an $82 million Series C funding round, boosting its valuation to $1.25 billion per PitchBook. Since its inception in 2019, Linear has secured over $130 million from investors such as Accel and Sequoia Capital.

Gecko — $1.62 billion: Gecko develops versatile data-collection robots capable of climbing, crawling, swimming, and flying. Established in 2013, it reached a $1.6 billion valuation after raising $121 million in a Series D round, as reported by PitchBook. The company’s total funding now surpasses $340 million, supported by investors like Cox Enterprises and Drive Capital.

Meter — $1.25 billion: Focusing on managed internet infrastructure, Meter raised $170 million in a Series C round, achieving a valuation of $1.25 billion, according to PitchBook. Founded in 2015, it has drawn over $250 million from backers like General Catalyst and Sequoia Capital.

Teamworks — $1.25 billion: This sports software company attained a valuation of $1.25 billion following a $247 million Series F round. Established in 2006, Teamworks has amassed over $400 million from investors including Seaport Capital and General Catalyst.

Thinking Machines — $10 billion: Launched last year by former OpenAI talent Mira Murati, this AI research firm secured a $2 billion seed round, elevating its valuation to $10 billion according to PitchBook, with significant backing from a16z and Nvidia.

Kalshi — $2 billion: This leading prediction markets platform, established in 2018, achieved a valuation of $2 billion following a $185 million Series C round, as noted by PitchBook. Its total funding exceeds $290 million, with investments from Sequoia and Global Founders Capital.

Decagon — $1.5 billion: This AI-powered customer service agent, founded in 2023, reached a valuation of $1.5 billion after a $131 million Series C fundraising round, per PitchBook. Decagon has attracted over $231 million with backing from investors including a16z and Accel.

May

Pathos — $1.6 billion: Founded in 2020, this pharmaceutical development company secured $365 million in a Series D round, yielding a valuation of $1.6 billion, according to PitchBook. Pathos has raised over $460 million, backed by investors like General Catalyst and Altimeter Capital Management.

Statsig — $1.1 billion: Established in 2021, this product development platform reached a valuation of $1.1 billion after raising $100 million in a Series C funding round, as reported by PitchBook. The company has attracted roughly $153 million from investors, including Sequoia, Madrona, and ICONIQ Growth.

SpreeAI — $1.5 billion: This shopping technology startup reached a valuation of $1.5 billion after completing an undisclosed funding round, per PitchBook. Launched in 2020, SpreeAI has collected over $20 million to date from investors such as the Davidson Group.

Function — $2.5 billion: Founded in 2020, this health tech firm achieved a valuation of $2.5 billion following a $200 million funding round, according to PitchBook. Function has accumulated over $250 million from investors including a16z.

Owner — $1 billion: Established in 2018, this restaurant marketing software company raised $120 million in a Series C round, achieving a valuation of $1 billion as reported by PitchBook. The firm has secured over $180 million, supported by investors such as Headline, Redpoint Ventures, SaaStr Fund, and Meritech Capital.

Awardco — $1 billion: This employee engagement platform raised $165 million in a Series B funding round, lifting its valuation to $1 billion according to PitchBook. Founded in 2012, Awardco has attracted over $230 million, backed by investors like General Catalyst.

April

Nourish — $1 billion: This telehealth service for nutritionists raised $70 million in a Series B round, increasing its valuation to $1 billion, per PitchBook. Established in 2020, Nourish has gained over $100 million from investors such as Index Ventures and Thrive Capital.

Chapter — $1.38 billion: Founded in 2013, this health tech company specializes in Medicare guidance and recently secured $75 million in a Series D round, attaining a valuation of $1.38 billion according to PitchBook. Chapter has raised a total of $186 million, backed by XYZ Venture Capital and Narya.

Threatlocker — $1.2 billion: Based in Orlando, this data protection firm achieved a $1.2 billion valuation after raising $60 million in a Series E round, as reported by PitchBook. Founded in 2017, Threatlocker has amassed over $200 million with support from General Atlantic and StepStone Group.

Cyberhaven — $1 billion: This data detection company reached a $1 billion valuation after securing $100 million in its Series D funding in April, according to PitchBook. Established in 2015, Cyberhaven has raised over $200 million from investors like Khosla Ventures and Redpoint Ventures.

March

Fleetio — $1.5 billion: This Alabama-based startup focuses on fleet management software. It recently raised $454 million in a Series D funding round, achieving a valuation of $1.5 billion according to PitchBook. Since its founding in 2012, Fleetio has secured $624 million, backed by investors such as Elephant and Growth Equity at Goldman Sachs Alternatives.

The Bot Company — $2 billion: Founded in 2024, this robotics platform raised $150 million in early-stage funding, leading to a $2 billion valuation per PitchBook. To date, it has raised a total of $300 million.

Celestial AI — $2.5 billion: This AI company raised $250 million in a Series C round led by Fidelity, attaining a valuation of $2.5 billion, as reported by Crunchbase. Based in California and founded in 2020, it has received total funding exceeding $580 million, according to PitchBook.

Underdog Fantasy — $1.3 billion: This sports gaming company achieved a valuation of $1.3 billion after raising $70 million in a Series C funding round, according to Crunchbase. Founded in 2020, Underdog Fantasy has secured over $100 million in funding, with participation from investors like Spark Capital.

Build Ops — $1 billion: This software company reached a valuation of $1 billion following a $122.6 million Series C funding round. Founded in 2018, Build Ops has raised $273 million overall, supported by investors including Founders Fund and Fika Ventures.

Insilico Medicine — $1 billion: This drug research firm attained a $1 billion valuation after securing $110 million in Series E funding, as noted by Crunchbase. Established in 2014, it has attracted over $500 million from investors like Lilly Ventures and Value Partners Group.

Olipop — $2 billion: Known for its probiotic soda, Olipop reached a valuation of $1.96 billion after completing a Series C funding round of $137.9 million. Launched in 2018, it has raised $243 million with support from investors such as Scoop Ventures and J.P. Morgan Growth Equity Partners.

Peregrine — $2.5 billion: Founded in 2017, this data analytics platform secured $190 million in Series C funding, achieving a valuation of $2.5 billion. To date, it has raised over $250 million, with investments from Sequoia and Fifth Down Capital.

Assured — $1 billion: This AI-driven claims processing firm secured $23 million in Series B funding, resulting in a $1 billion valuation. Founded in 2019, the company has raised just over $26 million, with backing from investors like ICONIQ Capital and Kleiner Perkins.

February

Abridge — $2.8 billion: Founded in 2018, this medtech company raised $250 million in a Series D funding round, reaching a valuation of $2.75 billion according to PitchBook. Its total fundraising has now surpassed $460 million, with investors like Elad Gil and IVP.

OpenEvidence — $1 billion: Another medtech firm established in 2017, it last raised $75 million in Series A funding, achieving a valuation of $1 billion as per PitchBook. The total raised stands at $135 million, with Sequoia Capital among its investors.

Hightouch — $1.2 billion: Founded in 2018, this data platform achieved a valuation of $1.2 billion after securing $80 million in a Series C funding round, as reported by PitchBook. Hightouch has accumulated a total of $171 million, attracting investments from Sapphire Ventures and Bain Capital Ventures.

January

Kikoff — $1 billion: This personal finance platform reached a valuation of $1 billion following an undisclosed funding round, according to PitchBook. Established in 2019, Kikoff has attracted $42.5 million in total from investors including Female Founders Fund, Lightspeed Venture Partners, and NBA star Steph Curry.

Netradyne — $1.35 billion: This computer vision startup, founded in 2015, secured $90 million in a Series D funding round, leading to a valuation of $1.35 billion, according to Crunchbase. The funding round was led by Point72 Ventures.

Hippocratic AI — $1.6 billion: Founded in 2023, this company focuses on healthcare models and raised $141 million in Series B funding, valuing it at $1.64 billion per Crunchbase. The funding round was spearheaded by Kleiner Perkins.

Truveta — $1 billion: This genetic research firm achieved a $1 billion valuation after securing $320 million in funding, as reported by Crunchbase. Launched in 2020, its investors include CVCs from Microsoft and Regeneron Pharmaceuticals.

Clay — $1.25 billion: This AI sales platform, founded in 2017, secured $40 million in Series B funding, reaching a valuation of $1.25 billion according to PitchBook. It has raised over $100 million in funding, backed by investors including Sequoia, First Round, Boldstart, and Box Group.

Mercor — $2 billion: Specializing in contract recruiting, this company raised $100 million in Series B funding, reaching a valuation of $2 billion. Founded in 2022, it counts investors like Felicis, Menlo Ventures, Jack Dorsey, Peter Thiel, and Anthology Fund.

Loft Orbital — $1 billion: Founded in 2017 and focused on satellite technology, this company secured $170 million in Series C funding, elevating its valuation to $1 billion, as reported by Crunchbase. The investors for this funding round included Temasek, Uncork Capital, and Tikehau Capital.

This article was originally published in February and will be consistently updated with new information.