{"id":10190,"date":"2025-07-07T10:14:09","date_gmt":"2025-07-07T10:14:09","guid":{"rendered":"https:\/\/naijaglobalnews.org\/?p=10190"},"modified":"2025-07-07T10:14:09","modified_gmt":"2025-07-07T10:14:09","slug":"at-least-36-new-tech-unicorns-were-minted-in-2025-so-far","status":"publish","type":"post","link":"https:\/\/naijaglobalnews.org\/?p=10190","title":{"rendered":"At least 36 new tech unicorns were minted in 2025 so far"},"content":{"rendered":"<p>\n<\/p>\n<p id=\"speakable-summary\" class=\"wp-block-paragraph\">With AI igniting an investor frenzy, every month, more startups obtain unicorn status.<\/p>\n<p class=\"wp-block-paragraph\">Using data from Crunchbase and PitchBook, TechCrunch tracked down the VC-backed startups that became unicorns so far this year. While most are AI-related, a surprising number are focused in other industries like satellite space companies like Loft Orbital and blockchain-based trading site Kalshi.\u00a0\u00a0<\/p>\n<p class=\"wp-block-paragraph\">This list will be updated throughout the year, so check back and see the latest powerhouse startups who are now worth over $1 billion.<\/p>\n<h2 class=\"wp-block-heading\">June<\/h2>\n<p class=\"wp-block-paragraph\">Linear \u2014 $1.25 billion: This software development product management tool last raised an $82 million Series C, valuing the company at $1.25 billion, according to Pitchbook. The company, founded in 2019, has raised more than $130 million in funding to date from investors including Accel and Sequoia Capital.\u00a0<\/p>\n<p class=\"wp-block-paragraph\">Gecko \u2014 $1.62 billion: This company makes data-gathering robotics that climb, crawl, swim, and fly. Founded in 2013, the company last raised a $121 million Series D, valuing the company at $1.6 billion, according to Pitchbook. The company has raised more than $340 million in funding to date from investors including Cox Enterprises and Drive Capital.\u00a0<\/p>\n<p class=\"wp-block-paragraph\">Meter \u2014 $1.38 billion: This company, which offers managed Internet infrastructure service to enterprises, last raised a $170 million Series C, valuing the company at $1.38 billion, according to Pitchbook. The company, founded in 2015, has raised more than $250 in funding to date, from investors including General Catalyst, Sequoia Capital, Sam Atlaman, and Lachy Groom.\u00a0<\/p>\n<p class=\"wp-block-paragraph\">Teamworks \u2014 This sports software company last raised a $247 million Series F, valuing the company at $1.25 billion, according to Pitchbook. The company, founded in 2006, has raised more than $400 million in funding to date from investors including Seaport Capital and General Catalyst.\u00a0\u00a0<\/p>\n<p class=\"wp-block-paragraph\">Thinking Machines \u2014 This AI research company, founded just last year by OpenAI alumn Mira Murati, raised a $2 billion seed round, valuing the company at $10 billion, according to Pitchbook. The company\u2019s investors include a16z and Nvidia.\u00a0<\/p>\n<p class=\"wp-block-paragraph\">Kalshi \u2014 $2 billion: The popular prediction markets company, founded in 2018, last raised an $185 million Series C, valuing the company at $2 billion, according to Pitchbook. The company has raised more than $290 million in funding to date, from investors including Sequoia and Global Founders Capital.\u00a0<\/p>\n<p class=\"wp-block-paragraph\">Decagon \u2014 This customer service AI agent company, founded in 2023, last raised a $131 million Series C, valuing the company at $1.5 billion, according to Pitchbook. The company has raised more than $231 million in funding to date, from investors including a16z and Accel.\u00a0<\/p>\n<h2 class=\"wp-block-heading\">May<\/h2>\n<p class=\"wp-block-paragraph\">Pathos \u2014 $1.6 billion: This drug development company, founded in 2020, last raised a $365 million Series D, valuing the company at $1.6 billion, according to Pitchbook. The company has raised more than $460 million to date from investors, including General Catalyst and Altimeter Capital Management.\u00a0<\/p>\n<p class=\"wp-block-paragraph\">Statsig \u2014 $1.1 billion: This product development platform, founded in 2021, last raised an $100 million Series C, valuing the company at $1.1 billion, according to Pitchbook. The company has raised around $153 million to date, from investors including Sequoia, Mardona, and ICONIQ Growth.\u00a0<\/p>\n<p class=\"wp-block-paragraph\">SpreeAI \u2014 $1.5 billion: This shopping tech company last raised an undisclosed round, according to Pitchbook, that valued the company at $1.5 billion. The company, founded in 2020, has raised more than $20 million to date from investors including The Davidson Group.\u00a0<\/p>\n<p class=\"wp-block-paragraph\">Function \u2014 $2.5 billion: This health tech company, founded in 2020, last raised a $200 million round, according to Pitchbook, valuing the company at $2.5 billion. The company has raised more than $250 million in funding to date, from investors including a16z.\u00a0<\/p>\n<p class=\"wp-block-paragraph\">Owner \u2014 $1 billion: This restaurant marketing software company, founded in 2018, last raised a $120 million Series C, valuing the company at $1 billion, per Pitchbook. The company has raised more than $180 million in funding to date, from investors including Headline, Redpoint Ventures, SaaStr Fund, and Meritech Capital.\u00a0<\/p>\n<p class=\"wp-block-paragraph\">Awardco \u2014 $1 billion: This employee engagement platform last raised a $165 million Series B, valuing the company at $1 billion, per Pitchbook. The company, founded in 2012, has raised more than $230 million in funding to date, from investors including General Catalyst.\u00a0<\/p>\n<h2 class=\"wp-block-heading\">April<\/h2>\n<p class=\"wp-block-paragraph\">Nourish \u2014 $1 billion: This dietitian tele-health company last raised a $70 million Series B, according to Pitchbook, valuing the company at $1 billion. The company, founded in 2020, has raised more than $100 million in funding to date from investors including Index Ventures and Thrive Capital.\u00a0<\/p>\n<p class=\"wp-block-paragraph\">Chapter \u2014 $1.38 billion: This Medicare guide health tech company, founded in 2013, last raised a $75 million Series D, valuing it at $1.38 billion, according to Pitchbook. The company has raised $186 million in funding to date, with investors including XYZ Venture Capital and Narya.\u00a0<\/p>\n<p class=\"wp-block-paragraph\">Threatlocker \u2014 $1.2 billion: This Orlando-based data protection company last raised a $60 million Series E, valuing the company at $1.2 billion, according to Pitchbook. The company, founded in 2017, has raised more than $200 million in funding to date, from investors including General Atlantic and StepStone Group.\u00a0<br \/>Cyberhaven \u2014 $1 billion: This data detection company last raised a $100 million Series D in April, according to Pitchbook, valuing the company at $1 billion. The company, launched in 2015, has raised more than $200 million in funding to date, with investors including Khlosa Ventrues and Redpoint Ventures.<\/p>\n<h2 class=\"wp-block-heading\" id=\"h-march-nbsp\">March\u00a0<\/h2>\n<p class=\"wp-block-paragraph\"><strong>Fleetio <\/strong>\u2014 $1.5 billion: This Alabama-based startup creates software to help make fleet operations easier. It last raised a $454 million Series D at a $1.5 billion valuation, according to PitchBook. It was launched in 2012 and has raised $624 million in funding to date, with investors including Elephant and Growth Equity at Goldman Sachs Alternatives. <\/p>\n<p class=\"wp-block-paragraph\"><strong>The Bot Company <\/strong>\u2014 $2 billion: This robotics platform last raised a $150 million early-stage round, valuing it at $2 billion, according to PitchBook. The company, which was founded in 2024, has raised $300 million to date in funding.\u00a0<\/p>\n<p class=\"wp-block-paragraph\"><strong>Celestial AI<\/strong> \u2014 $2.5 billion: The AI company raised a $250 million Series C led by Fidelity that valued the company at $2.5 billion, per Crunchbase. The company, based in California, was launched in 2020 and counts BlackRock and Engine Ventures as investors. It has raised more than $580 million in capital to date, per PitchBook.\u00a0<\/p>\n<p class=\"wp-block-paragraph\"><strong>Underdog Fantasy <\/strong>\u2014 $1.3 billion: The sports gaming company last raised a $70 million Series C valuing the company at $1.3 billion, according to Crunchbase. The company, founded in 2020, has raised more than $100 million in capital to date, per PitchBook. Investors include Spark Capital.\u00a0<\/p>\n<p class=\"wp-block-paragraph\"><strong>Build Ops <\/strong>\u2014 $1 billion: This software company last raised a $122.6 million Series C, valuing it at $1 billion. Build Ops, which was launched in 2018, has raised $273 million in total, according to PitchBook, with investors including Founders Fund and Fika Ventures.\u00a0<\/p>\n<p class=\"wp-block-paragraph\"><strong>Insilico Medicine <\/strong>\u2014 $1 billion: The drug research company raised a $110 million Series E valuing the company at $1 billion, per Crunchbase. It launched in 2014, has raised more than $500 million to date in capital, and counts Lilly Ventures and Value Partners Group as investors.\u00a0<\/p>\n<p class=\"wp-block-paragraph\"><strong>Olipop<\/strong> \u2014 $2 billion: This popular probiotic soda company last raised a $137.9 million Series C at a $1.96 billion valuation. It was founded in 2018 and has raised $243 million to date with investors including Scoop Ventures and J.P. Morgan Growth Equity Partners.\u00a0<\/p>\n<p class=\"wp-block-paragraph\"><strong>Peregrine<\/strong> \u2014 $2.5 billion: This data analysis and integration platform, launched in 2017, last raised a $190 million Series C with a valuation of $2.5 billion. It has raised more than $250 million in funding to date, according to PitchBook, with investors including Sequoia and Fifth Down Capital.\u00a0<\/p>\n<p class=\"wp-block-paragraph\"><strong>Assured<\/strong> \u2014 $1 billion: The AI company helps process claims and last raised a $23 million Series B, valuing the company at $1 billion. It was launched in 2019 and has raised a little more than $26 million to date, with investors including ICONIQ Capital and Kleiner Perkins.\u00a0<\/p>\n<h2 class=\"wp-block-heading\">February\u00a0<\/h2>\n<p class=\"wp-block-paragraph\"><strong>Abridge<\/strong> \u2014 $2.8 billion: This medtech company, founded in 2018, last raised a $250 million Series D at a $2.75 billion valuation, per PitchBook. The company has raised more than $460 million to date in funding and counts Elad Gil and IVP as investors.\u00a0<\/p>\n<p class=\"wp-block-paragraph\"><strong>OpenEvidence<\/strong> \u2014 $1 billion: This medtech company, founded in 2017, last raised a $75 million Series A at a $1 billion valuation, per PitchBook. The company has raised $135 million to date in funding and counts Sequoia Capital as an investor.\u00a0<\/p>\n<p class=\"wp-block-paragraph\"><strong>Hightouch <\/strong>\u2014 $1.2 billion: The data platform, founded in 2018, last raised an $80 million Series C at a $1.2 billion valuation, per PitchBook. The company has raised $171 million to date in funding and counts Sapphire Ventures and Bain Capital Ventures as investors.<\/p>\n<h2 class=\"wp-block-heading\" id=\"h-january\">January <\/h2>\n<p class=\"wp-block-paragraph\"><strong>Kikoff \u2014 $1 billion:<\/strong> This personal finance platform last raised an undisclosed amount that valued it at $1 billion, according to PitchBook. The company, founded in 2019, has raised $42.5 million to date and counts Female Founders Fund, Lightspeed Venture Partners, and basketballer Steph Curry as investors.\u00a0<\/p>\n<p class=\"wp-block-paragraph\"><strong>Netradyne \u2014 $1.35 billion:<\/strong> Founded in 2015, this computer vision startup raised a $90 million Series D valuing it at $1.35 billion, according to Crunchbase. The round was led by Point72 Ventures.<\/p>\n<p class=\"wp-block-paragraph\"><strong>Hippocratic AI \u2014 $1.6 billion:<\/strong> This startup, founded in 2023, creates healthcare models. It raised a $141 million Series B, valuing it at $1.64 billion, according to Crunchbase. The round was led by Kleiner Perkins.\u00a0<\/p>\n<p class=\"wp-block-paragraph\"><strong>Truveta \u2014 $1 billion:<\/strong> This genetic research company raised a $320 million round valuing it at $1 billion, according to Crunchbase. Founded in 2020, its investors include the CVCs from Microsoft and Regeneron Pharmaceuticals.\u00a0<\/p>\n<p class=\"wp-block-paragraph\"><strong>Clay \u2014 $1.25 billion:<\/strong> Founded in 2017, Clay is an AI sales platform. The company raised a $40 million Series B, valuing it at $1.25 billion, according to PitchBook. It has raised more than $100 million to date and counts Sequoia, First Round, Boldstar, and Box Group as investors.\u00a0\u00a0<\/p>\n<p class=\"wp-block-paragraph\"><strong>Mercor \u2014 $2 billion:<\/strong> This contract recruiting startup raised a $100 million Series B valuing it at $2 billion. The company, founded in 2022, counts Felicis, Menlo Ventures, Jack Dorsey, Peter Thiel, and Anthology Fund as investors.\u00a0<\/p>\n<p class=\"wp-block-paragraph\"><strong>Loft Orbital \u2014 $1 billion:<\/strong> Founded in 2017, the satellite company raised a $170 million Series C valuing the company at $1 billion, according to Crunchbase. Investors in the round included Temasek and Tikehau Capital.\u00a0<\/p>\n<p class=\"wp-block-paragraph\"><em>This post was updated to reflect what Peregine does. <\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>With AI igniting an investor frenzy, every month, more startups obtain unicorn status. Using data from Crunchbase and PitchBook, TechCrunch tracked down the VC-backed startups that became unicorns so far this year. While most are AI-related, a surprising number are focused in other industries like satellite space companies like Loft Orbital and blockchain-based trading site<\/p>\n","protected":false},"author":1,"featured_media":10191,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[52],"tags":[3050,812,3049],"class_list":{"0":"post-10190","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-technology","8":"tag-minted","9":"tag-tech","10":"tag-unicorns"},"_links":{"self":[{"href":"https:\/\/naijaglobalnews.org\/index.php?rest_route=\/wp\/v2\/posts\/10190","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/naijaglobalnews.org\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/naijaglobalnews.org\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/naijaglobalnews.org\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/naijaglobalnews.org\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=10190"}],"version-history":[{"count":0,"href":"https:\/\/naijaglobalnews.org\/index.php?rest_route=\/wp\/v2\/posts\/10190\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/naijaglobalnews.org\/index.php?rest_route=\/wp\/v2\/media\/10191"}],"wp:attachment":[{"href":"https:\/\/naijaglobalnews.org\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=10190"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/naijaglobalnews.org\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=10190"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/naijaglobalnews.org\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=10190"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}