Even with limited venture capital availability, new unicorn startups are still appearing each month. Based on data from Crunchbase and PitchBook, TechCrunch compiled a list of newly funded startups that crossed the $1 billion valuation mark as of March 2025.
These rising companies span various industries, from AI and medtech to fleet management and satellite services. The list will be updated as more companies reach unicorn status.
March Unicorns
- Fleetio — $1.5 billion
Alabama-based Fleetio offers fleet management software. It raised $454 million in a Series D round, reaching a $1.5 billion valuation. Since its 2012 launch, the company has raised $624 million from investors including Goldman Sachs and Elephant Partners. - The Bot Company — $2 billion
This robotics platform, founded in 2024, hit a $2 billion valuation after a $150 million early-stage round. It has secured $300 million in total funding. - Celestial AI — $2.5 billion
California-based Celestial AI raised $250 million in a Series C led by Fidelity. Founded in 2020, it’s now valued at $2.5 billion and has raised over $580 million. Other investors include BlackRock and Engine Ventures. - Underdog Fantasy — $1.3 billion
This sports gaming platform secured $70 million in Series C funding. Founded in 2020, it’s valued at $1.3 billion and has received over $100 million from Spark Capital and others. - BuildOps — $1 billion
BuildOps builds software for field service teams. It raised $122.6 million in a Series C, hitting a $1 billion valuation. Founded in 2018, it has raised $273 million from Founders Fund and Fika Ventures. - Insilico Medicine — $1 billion
This drug discovery firm raised $110 million in a Series E round. Founded in 2014, it’s now worth $1 billion and has raised over $500 million. Backers include Lilly Ventures and Value Partners Group. - Olipop — $2 billion
The probiotic soda maker raised $137.9 million in a Series C round. Founded in 2018, it now holds a $1.96 billion valuation with backing from Scoop Ventures and J.P. Morgan Growth Equity Partners. - Peregrine — $2.5 billion
Peregrine builds operations management tools. The 2017 startup raised $190 million in a Series C, reaching a $2.5 billion valuation. It has secured $250 million from Sequoia and Fifth Down Capital. - Assured — $1 billion
Assured uses AI to streamline insurance claims. It raised $23 million in Series B funding and is now valued at $1 billion. Since 2019, it’s raised over $26 million from ICONIQ Capital and Kleiner Perkins.
January & February Unicorns
- Veza — $1.7 billion
A data security firm founded in 2020, Veza raised $108 million in Series D funding. It’s valued at $1.7 billion and backed by JPMorgan Chase. - Abridge — $2.8 billion
Abridge, a medtech firm founded in 2018, raised $250 million in a Series D. It now holds a $2.75 billion valuation, with backing from Elad Gil and IVP. - OpenEvidence — $1 billion
Founded in 2017, this medtech firm raised $75 million in a Series A round. It’s valued at $1 billion, with Sequoia Capital among its investors. - Hightouch — $1.2 billion
This data platform, founded in 2018, raised $80 million in a Series C. It’s valued at $1.2 billion and supported by Bain Capital Ventures and Sapphire Ventures. - Kikoff — $1 billion
A personal finance startup, Kikoff reached a $1 billion valuation in an undisclosed round. Since its 2019 launch, it has raised $42.5 million from investors like Lightspeed and Steph Curry. - Netradyne — $1.35 billion
This 2015 startup uses computer vision for transport safety. It raised $90 million in Series D funding, with support from Point72 Ventures. - Hippocratic AI — $1.6 billion
Launched in 2023, this healthcare model builder raised $141 million in a Series B. The round, led by Kleiner Perkins, pushed its valuation to $1.64 billion. - Truveta — $1 billion
This genetic research firm raised $320 million to reach unicorn status. Founded in 2020, it’s backed by Microsoft and Regeneron Pharmaceuticals. - Clay — $1.25 billion
Clay, an AI sales platform, raised $40 million in Series B funding. Founded in 2017, it now holds a $1.25 billion valuation with backing from Sequoia and Box Group. - Mercor — $2 billion
This contract recruitment startup, founded in 2022, raised $100 million in a Series B. It’s now valued at $2 billion, with support from Jack Dorsey, Felicis, and Peter Thiel. - Loft Orbital — $1 billion
Founded in 2017, Loft Orbital develops satellite infrastructure. It raised $170 million in a Series C, reaching a $1 billion valuation. Investors include Temasek and Tikehau Capital.
