In the first quarter of 2025, 19 startups received a valuation of over $1 billion.
According to TechCrunch, such projects include healthcare companies such as Hippocratic AI and satellite space companies such as Loft Orbital.
The publication notes that despite the challenges of the venture industry and the global economy, several "unicorn companies" appear in the world every month, and not only in the field of artificial intelligence, in which investors are currently actively investing.
This is the list of "unicorn companies" for the first quarter of 2025:
Fleetio is an Alabama-based startup that develops software for more efficient fleet management; most recently raised $454 million in a Series D round, giving it a valuation of $1.5 billion. Founded in 2012, the total funding raised is $624 million; investors include Elephant Partners, Goldman Sachs Asset Management;
The Bot Company is a robotics platform that recently raised $150 million in early-stage funding; valued at $2 billion; founded in 2024, total funding $300 million;
Celestial AI is an AI startup founded in 2020 in California; raised $250 million in a Series C round led by Fidelity; valued at $2.5 billion; total funding over $580 million; investors: BlackRock, Engine Ventures;
Underdog Fantasy is a sports gambling platform founded in 2020. It raised $70 million in a C round, valued at $1.3 billion; total investment is over $100 million; investors include Spark Capital;
Build Ops — developer of construction management software; raised $122.6 million in Round C; valued at $1 billion; founded in 2018, investment amount — $273 million; investors: Founders Fund, Fika Ventures;
Insilico Medicine — drug discovery company; raised $110 million in Round E; valued at $1 billion; founded in 2014, raised over $500 million; investors: Lilly Ventures, Value Partners Group;
Olipop is a producer of probiotic carbonated drinks; the latest round of C raised $137.9 million, valued at almost $2 billion; the company was founded in 2018, the amount of investment is $243 million; investors: Scoop Ventures, JP Morgan Growth Equity Partners;
Peregrine is a data analysis and integration platform founded in 2017; the last C round raised $190 million; valued at $2.5 billion; total investment is over $250 million; investors: Sequoia, Fifth Down Capital;
Assured — AI company that automates insurance claims processing; founded in 2019, raised $23 million in Round B; valued at $1 billion; total investment — just over $26 million; investors: ICONIQ Capital, Kleiner Perkins;
Abridge is a medtech company founded in 2018; raised $250 million in Series D; valued at $2.8 billion; total funding raised over $460 million; investors: Elad Gil, IVP;
OpenEvidence is a medtech startup founded in 2017; raised $75 million in Round A; valuation — $1 billion; investment volume — $135 million; investor: Sequoia Capital;
Hightouch — data platform founded in 2018; raised $80 million in Round C; valued at $1.2 billion; total funding — $171 million; investors: Sapphire Ventures, Bain Capital Ventures;
Kikoff — personal finance platform; raised an undisclosed amount of investment at a valuation of $1 billion; founded in 2019, raised $42.5 million; investors: Female Founders Fund, Lightspeed Venture Partners, basketball player Steve Curry;
Netradyne is a computer vision startup founded in 2015; raised $90 million in a Series D round led by Point72 Ventures; valued at $1.35 billion;
Hippocratic AI — a medical AI startup founded in 2023; raised $141 million in a Series B round led by Kleiner Perkins; valued at $1.6 billion;
Truveta is a genetic research company; raised $320 million at a valuation of $1 billion; founded in 2020; investors are corporate venture funds Microsoft and Regeneron Pharmaceuticals;
Clay — AI-powered sales automation platform; founded in 2017; raised $40 million in round B, valuation — $1.25 billion; total investment — over $100 million; investors: Sequoia, First Round, Boldstar, Box Group;
Mercor is a contractor recruitment platform founded in 2022; raised $100 million in Round B; valued at $2 billion; investors: Felicis, Menlo Ventures, Jack Dorsey, Peter Thiel, Anthology Fund;
Loft Orbital is a space startup founded in 2017; raised $170 million in Round C; valued at $1 billion; investors: Temasek, Tikehau Capital.
Ukrainian Huless, which produces "tethered" drones, received $1 million in investment
As a reminder, recently, the investment firm NUNC Capital from the Netherlands announced the launch of a new venture fund, which plans to invest €20 million in Ukrainian defense tech. The Forward Operating Base project will operate in Ukraine and will focus on strategic areas of defense tech. The company noted that by launching a venture builder with a focus on Ukrainian startups, the firm plans to "create a strategic bridge between European markets and the ecosystem of Ukrainian defense innovations."
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