{"id":38787,"date":"2025-04-21T16:46:07","date_gmt":"2025-04-21T16:46:07","guid":{"rendered":"https:\/\/www.europesays.com\/uk\/38787\/"},"modified":"2025-04-21T16:46:07","modified_gmt":"2025-04-21T16:46:07","slug":"20-new-tech-unicorns-were-minted-in-2025-so-far","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/uk\/38787\/","title":{"rendered":"20 new tech unicorns were minted in 2025 so far"},"content":{"rendered":"<p id=\"speakable-summary\" class=\"wp-block-paragraph\">Despite a still tight venture capital market, new unicorns are still being created every month.<\/p>\n<p class=\"wp-block-paragraph\">Using data from Crunchbase and PitchBook, TechCrunch tracked down the newly VC-backed <a href=\"https:\/\/techcrunch.com\/2024\/12\/16\/38-startups-have-become-unicorns-so-far-in-2024-heres-the-full-list\/\" target=\"_blank\" rel=\"noopener\">startup minted unicorns <\/a>so far this year (as of the end of March). These include healthcare companies like Hippocratic AI and satellite space companies like Loft Orbital.\u00a0<\/p>\n<p class=\"wp-block-paragraph\">This list will be updated throughout the year, so check back and see the powerhouses raising this year!\u00a0<\/p>\n<p>March\u00a0<\/p>\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 Partners and Goldman Sachs Asset Management.\u00a0<\/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 operations management 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<p>February\u00a0<\/p>\n<p class=\"wp-block-paragraph\"><strong>Veza<\/strong> \u2014 1.7 billion: This data security company, founded in 2020, last raised a $108 million Series D, valuing the company at $1.7 billion, per PitchBook. Veza has raised more than $230 million to date in capital and counts JPMorgan Chase as an investor.\u00a0<\/p>\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<p>January <\/p>\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, <a href=\"https:\/\/techcrunch.com\/2021\/06\/30\/kikoff-raises-30m-for-its-hybrid-consumer-credit-and-financial-literacy-service\/\" target=\"_blank\" rel=\"noopener\">has raised $42.5 million to date <\/a>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 <a href=\"https:\/\/techcrunch.com\/2025\/01\/17\/netradyne-snags-90m-at-1-25b-valuation-to-expand-smart-dashcams-for-commercial-fleets\/\" target=\"_blank\" rel=\"noopener\">raised a $90 million Series D<\/a> 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 <a href=\"https:\/\/techcrunch.com\/2025\/01\/09\/hippocratic-ai-raises-141m-for-creating-patient-facing-ai-agents\/\" target=\"_blank\" rel=\"noopener\">raised a $141 million Series B<\/a>, 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 <a href=\"https:\/\/techcrunch.com\/2022\/11\/07\/truvetas-big-data-healthcare-project-is-pretty-cool\/\" target=\"_blank\" rel=\"noopener\">genetic research company<\/a> 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<a href=\"https:\/\/techcrunch.com\/2025\/02\/20\/mercor-an-ai-recruiting-startup-founded-by-21-year-olds-raises-100m-at-2b-valuation\/\" target=\"_blank\" rel=\"noopener\"> contract recruiting startup raised<\/a> 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 <a href=\"https:\/\/techcrunch.com\/2025\/01\/15\/loft-orbital-lands-a-fresh-170-million-after-logging-over-500-million-of-bookings\/\" target=\"_blank\" rel=\"noopener\">satellite company<\/a> 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","protected":false},"excerpt":{"rendered":"Despite a still tight venture capital market, new unicorns are still being created every month. Using data from&hellip;\n","protected":false},"author":2,"featured_media":38788,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3094],"tags":[51,3134,22103,3390,16,22104,15],"class_list":{"0":"post-38787","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-entrepreneurship","8":"tag-business","9":"tag-entrepreneurship","10":"tag-evergreens","11":"tag-fundraising","12":"tag-uk","13":"tag-unicorns","14":"tag-united-kingdom"},"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@uk\/114376972771640383","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts\/38787","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/comments?post=38787"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts\/38787\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/media\/38788"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/media?parent=38787"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/categories?post=38787"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/tags?post=38787"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}