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With AI igniting an investor frenzy, new unicorns are born every month

by Gulnoza Sobirova
July 9, 2025
in Startups
Reading Time: 6 mins read
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With AI igniting an investor frenzy, new unicorns are born every month
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The ongoing boom in artificial intelligence has triggered unprecedented investor excitement, driving a steady stream of startups to unicorn status — meaning they’re now valued at over $1 billion.

   While many of these companies are AI-focused, a notable number come from other industries — including satellite tech (Loft Orbital) and blockchain-based prediction markets (Kalshi).

This list is continuously updated throughout the year. Here are the standout unicorns to date.

JUNE

Linear — $1.25B
A product management tool for software development. Founded in 2019. Raised an $82M Series C at a $1.25B valuation. Investors: Accel, Sequoia Capital.

Gecko — $1.62B
Builds data-gathering robots that climb, crawl, swim, and fly. Founded in 2013. Raised a $121M Series D. Investors: Cox Enterprises, Drive Capital.

Meter — $1.25B
Provides managed internet infrastructure to businesses. Founded in 2015. Raised $170M in a Series C. Investors: General Catalyst, Sequoia, Sam Altman, Lachy Groom.

Teamworks — $1.25B
Sports software platform. Founded in 2006. Raised $247M in a Series F. Investors: Seaport Capital, General Catalyst.

Thinking Machines — $10B
AI research company launched in 2024 by OpenAI alum Mira Murati. Raised a $2B seed round. Investors: a16z, Nvidia.

Kalshi — $2B
Blockchain-based prediction market company. Founded in 2018. Raised $185M in a Series C. Investors: Sequoia, Global Founders Capital.

Decagon — $1.5B
Customer service AI agent. Founded in 2023. Raised $131M in a Series C. Investors: a16z, Accel.

MAY

Pathos — $1.6B
Drug development startup. Founded in 2020. Raised $365M in a Series D. Investors: General Catalyst, Altimeter Capital.

Statsig — $1.1B
Product experimentation platform. Founded in 2021. Raised $100M in a Series C. Investors: Sequoia, Madrona, ICONIQ Growth.

SpreeAI — $1.5B
Shopping tech startup. Founded in 2020. Valued at $1.5B in an undisclosed round. Investors: Davidson Group.

Function — $2.5B
Health tech company. Founded in 2020. Raised $200M. Investors: a16z.

Owner — $1B
Marketing software for restaurants. Founded in 2018. Raised $120M in a Series C. Investors: Headline, Redpoint Ventures, SaaStr Fund, Meritech Capital.

Awardco — $1B
Employee engagement and rewards platform. Founded in 2012. Raised $165M in a Series B. Investors: General Catalyst.

APRIL

Nourish — $1B
Telehealth platform for dietitians. Founded in 2020. Raised $70M in a Series B. Investors: Index Ventures, Thrive Capital.

Chapter — $1.38B
Medicare navigation health tech company. Founded in 2013. Raised $75M in a Series D. Investors: XYZ Venture Capital, Narya.

Threatlocker — $1.2B
Cybersecurity platform based in Orlando, FL. Founded in 2017. Raised $60M in a Series E. Investors: General Atlantic, StepStone Group.

Cyberhaven — $1B
Data leak detection and protection tech. Founded in 2015. Raised $100M in a Series D. Investors: Khosla Ventures, Redpoint Ventures.

MARCH

Fleetio — $1.5B
Fleet management software company based in Alabama. Founded in 2012. Raised $454M in a Series D. Investors: Elephant, Goldman Sachs Alternatives.

The Bot Company — $2B
Robotics platform. Founded in 2024. Raised $150M in early-stage funding. Total raised: $300M.

Celestial AI — $2.5B
California-based AI chip company. Founded in 2020. Raised $250M in a Series C. Investors: Fidelity, BlackRock, Engine Ventures.

Underdog Fantasy — $1.3B
Sports gaming platform. Founded in 2020. Raised $70M in a Series C. Investor: Spark Capital.

Build Ops — $1B
Software platform for the construction industry. Founded in 2018. Raised $122.6M in a Series C. Investors: Founders Fund, Fika Ventures.

Insilico Medicine — $1B
AI-powered drug discovery platform. Founded in 2014. Raised $110M in a Series E. Investors: Lilly Ventures, Value Partners Group.

Olipop — $2B
Popular probiotic soda brand. Founded in 2018. Raised $137.9M in a Series C. Investors: Scoop Ventures, J.P. Morgan Growth Equity Partners.

Peregrine — $2.5B
Data integration and analytics platform. Founded in 2017. Raised $190M in a Series C. Investors: Sequoia, Fifth Down Capital.

Assured — $1B
AI platform for insurance claims processing. Founded in 2019. Raised $23M in a Series B. Investors: ICONIQ Capital, Kleiner Perkins. Exit status: not disclosed.

FEBRUARY

Abridge — $2.8B
Medical transcription AI platform. Founded in 2018. Raised $250M in a Series D. Investors: Elad Gil, IVP.

OpenEvidence — $1B
Evidence synthesis AI for healthcare. Founded in 2017. Raised $75M in a Series A. Investor: Sequoia Capital.

Hightouch — $1.2B
Data activation platform. Founded in 2018. Raised $80M in a Series C. Investors: Sapphire Ventures, Bain Capital Ventures.

JANUARY

Kikoff — $1B
Personal finance platform. Founded in 2019. Latest round undisclosed. Investors: Female Founders Fund, Lightspeed, Steph Curry.

Netradyne — $1.35B
Computer vision startup. Founded in 2015. Raised $90M in a Series D. Investor: Point72 Ventures.

Hippocratic AI — $1.6B
Healthcare AI model company. Founded in 2023. Raised $141M in a Series B. Lead investor: Kleiner Perkins.

Truveta — $1B
Genomic and healthcare data research platform. Founded in 2020. Raised $320M. Investors: Microsoft’s CVC, Regeneron Pharmaceuticals.

Clay — $1.25B
AI-powered sales enablement platform. Founded in 2017. Raised $40M in a Series B. Investors: Sequoia, First Round, Boldstart, Box Group.

Mercor — $2B
AI-powered contract recruiting platform. Founded in 2022. Raised $100M in a Series B. Investors: Felicis, Menlo Ventures, Jack Dorsey, Peter Thiel, Anthology Fund.

Loft Orbital — $1B
Satellite infrastructure company. Founded in 2017. Raised $170M in a Series C. Investors: Temasek, Uncork Capital, Tikehau Capital.

Prepared by Ismailova Laylo

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