At least 36 new tech unicorns were minted in 2025 so far

The year 2025 has seen an extraordinary surge in the tech landscape, with at least 36 new startups achieving the coveted unicorn status, reaching valuations of $1 billion or more. This rapid growth, often fueled by an investor frenzy around artificial intelligence, underscores a dynamic period of innovation and significant capital injection across various sectors. While AI-centric companies lead the charge, a diverse array of industries, from satellite technology to blockchain and healthcare, are also witnessing remarkable expansion.

Insights from leading data providers like Crunchbase and PitchBook reveal a compelling narrative of burgeoning enterprises. This list, which is continuously evolving, highlights the latest powerhouses joining the exclusive club of billion-dollar startups.

June 2025: A Flourishing Month for Unicorns

June proved to be a particularly active month, welcoming several notable companies into the unicorn fold:

Linear: Valued at $1.25 billion after an $82 million Series C, this software development product management tool, founded in 2019, has raised over $130 million from investors including Accel and Sequoia Capital.
Gecko: Specializing in data-gathering robotics that navigate challenging environments, Gecko secured a $1.62 billion valuation with a $121 million Series D. Founded in 2013, it has garnered over $340 million in funding from backers like Cox Enterprises and Drive Capital.
Meter: Offering managed Internet infrastructure services, Meter reached a $1.38 billion valuation following a $170 million Series C. Since its 2015 inception, it has amassed over $250 million from investors such as General Catalyst and Sequoia Capital.
Teamworks: This sports software company achieved a $1.25 billion valuation with a $247 million Series F, having raised over $400 million since 2006 from investors including Seaport Capital and General Catalyst.
Thinking Machines: Founded in 2024 by OpenAI alum Mira Murati, this AI research company made a grand entrance with a $2 billion seed round, catapulting its valuation to $10 billion, backed by a16z and Nvidia.
Kalshi: The popular prediction markets company, established in 2018, hit a $2 billion valuation with a $185 million Series C, accumulating over $290 million in funding from investors like Sequoia and Global Founders Capital.
Decagon: This customer service AI agent company, founded in 2023, secured a $1.5 billion valuation with a $131 million Series C, raising over $231 million from a16z and Accel.

May 2025: Diverse Sectors See Significant Growth

May showcased growth across various non-AI sectors:

Pathos: A drug development company founded in 2020, Pathos achieved a $1.6 billion valuation through a $365 million Series D, with total funding exceeding $460 million from General Catalyst and Altimeter Capital Management.
Statsig: This product development platform, launched in 2021, reached a $1.1 billion valuation after a $100 million Series C, raising approximately $153 million from investors like Sequoia and ICONIQ Growth.
SpreeAI: A shopping tech company founded in 2020, SpreeAI secured a $1.5 billion valuation through an undisclosed round, having raised over $20 million from The Davidson Group.
Function: This health tech company, founded in 2020, is now valued at $2.5 billion following a $200 million round, with total funding surpassing $250 million from investors like a16z.
Owner: Specializing in restaurant marketing software, Owner, founded in 2018, achieved a $1 billion valuation with a $120 million Series C, raising over $180 million from Headline, Redpoint Ventures, and others.
Awardco: An employee engagement platform founded in 2012, Awardco joined the unicorn ranks at $1 billion with a $165 million Series B, raising over $230 million from General Catalyst.

April 2025: Healthcare and Cybersecurity Thrive

April saw significant milestones in healthcare and cybersecurity:

Nourish: This dietitian tele-health company, founded in 2020, reached a $1 billion valuation with a $70 million Series B, securing over $100 million in funding from Index Ventures and Thrive Capital.
Chapter: A Medicare guide health tech company, founded in 2013, was valued at $1.38 billion after a $75 million Series D, having raised $186 million from XYZ Venture Capital and Narya.
Threatlocker: The Orlando-based data protection company, founded in 2017, achieved a $1.2 billion valuation with a $60 million Series E, raising over $200 million from General Atlantic and StepStone Group.
Cyberhaven: Launched in 2015, this data detection company became a unicorn with a $1 billion valuation following a $100 million Series D, securing over $200 million from Khlosa Ventures and Redpoint Ventures.

March 2025: Diverse Innovation Across Industries

March presented a wide array of new unicorns, showcasing diverse innovation:

Fleetio: This Alabama-based software for fleet operations, founded in 2012, is now valued at $1.5 billion after a $454 million Series D, with total funding reaching $624 million.
The Bot Company: A robotics platform founded in 2024, it rapidly reached a $2 billion valuation with a $150 million early-stage round, having already raised $300 million.
Celestial AI: The California-based AI company, launched in 2020, achieved a $2.5 billion valuation with a $250 million Series C led by Fidelity, accumulating over $580 million in capital.
Underdog Fantasy: This sports gaming company, founded in 2020, is now valued at $1.3 billion after a $70 million Series C, with over $100 million in capital raised.
Build Ops: Launched in 2018, this software company reached a $1 billion valuation with a $122.6 million Series C, raising $273 million in total.
Insilico Medicine: The drug research company, launched in 2014, secured a $1 billion valuation with a $110 million Series E, raising over $500 million to date.
Olipop: This popular probiotic soda company, founded in 2018, achieved a $2 billion valuation with a $137.9 million Series C, raising $243 million to date.
Peregrine: A data analysis and integration platform launched in 2017, it is valued at $2.5 billion after a $190 million Series C, with over $250 million in funding.
Assured: This AI company assisting with claims processing, launched in 2019, hit a $1 billion valuation with a $23 million Series B, raising over $26 million.

February 2025: Medtech and Data Platforms Emerge

February saw key players in medical technology and data solutions achieve unicorn status:

Abridge: This medtech company, founded in 2018, is now valued at $2.8 billion after a $250 million Series D, having raised over $460 million.
OpenEvidence: Another medtech company, founded in 2017, rapidly achieved a $1 billion valuation with a $75 million Series A, raising $135 million to date.
Hightouch: The data platform, founded in 2018, reached a $1.2 billion valuation with an $80 million Series C, raising $171 million in total.

January 2025: Kicking Off the Year with Breakthroughs

The year began with a strong start for new unicorns across diverse fields:

Kikoff: This personal finance platform, founded in 2019, reached a $1 billion valuation through an undisclosed round, having raised $42.5 million.
Netradyne: Founded in 2015, this computer vision startup secured a $1.35 billion valuation with a $90 million Series D.
Hippocratic AI: Launched in 2023, this startup creating healthcare models quickly reached a $1.6 billion valuation with a $141 million Series B.
Truveta: This genetic research company, founded in 2020, secured a $1 billion valuation with a $320 million round.
Clay: An AI sales platform founded in 2017, Clay achieved a $1.25 billion valuation with a $40 million Series B, raising over $100 million.
Mercor: This contract recruiting startup, founded in 2022, rapidly gained a $2 billion valuation with a $100 million Series B.
Loft Orbital: Founded in 2017, the satellite company reached a $1 billion valuation with a $170 million Series C.

The rapid emergence of these 36 unicorns in the first half of 2025 underscores a robust and rapidly expanding global tech ecosystem, driven by both transformative AI advancements and critical innovations across traditional and emerging sectors. The ongoing investor confidence signals a continued bullish outlook for groundbreaking startups aiming to reshape industries worldwide.