In 2024, the global startup landscape is brimming with innovation, as companies across industries like AI, fintech, health tech, blockchain, and clean energy reach impressive valuations of over $1 billion—earning them the coveted “unicorn” status. These startups are not only disrupting their respective sectors but also attracting significant investment, shaping the future of technology and business. In this post, we’ll dive into some of the top unicorns of the year.
Physical Intelligence
Valuation: $2.4 billion
This AI robotics lab, founded in early 2024, raised a $400 million Series A with investors including Jeff Bezos, Lux Capital, and Thrive Capital.
Writer
Valuation: $1.9 billion
A generative AI platform for enterprises, Writer raised a $200 million Series C co-led by Premji Invest, Radical Ventures, and ICONIQ Growth.
Halcyon
Valuation: $1 billion
An anti-ransomware company founded in 2021, Halcyon raised a $100 million Series C with investors like Evolution Equity Partners.
Eon
Valuation: $1.4 billion
Founded in January 2024, Eon raised a $70 million Series C, with backers including Sequoia, Lightspeed, Greenoaks, and BOND.
Flex
Valuation: $1.9 billion
This rent payment platform raised a $200 million Series D, with investors like Tiger Global Management and Spark Growth Ventures.
EvenUp
Valuation: $1 billion
Founded in 2019, this legal tech company raised a $135 million Series D, backed by Bain Capital Ventures.
Nimble Robotics
Valuation: $1 billion
An AI robotics and autonomous logistics company, Nimble raised a $106 million Series C with investors like Fed-Ex and Cedar Pine.
Rentberry
Valuation: $1 billion
This real estate company that lists long-term rentals, founded in 2015, raised a $90 million Series A valuing the company at $1 billion. The company has raised more than $100 million to date from investors including 808 Ventures, Zing Capital, and 369 Growth Partners.
Safe Superintelligence
Valuation: $5 billion
This AI research company founded in 2024 by Open AI co-founder Ilya Sutskever raised $1 billion, giving it a valuation of $5 billion. Investors include Nividia, Sequoia, and a16z, according to Pitchbook.
24M Technologies
Valuation: $1.3 billion
Crunchbase reports that this company, founded in 2010 to develop battery technologies, raised an $87 million Series H that valued the company at $1.3 billion. Other investors, according to Pitchbook, include Volkswagen Group and FujiFilm.
Twelve
Valuation: $1 billion
Founded in 2015 to make clean jet fuel, this company raised a $200 million Series C, valuing it at $1 billion. Investors include TPG, Capricorn Investment Group, and Pulse Fund, according to Crunchbase.
Groq
Valuation: $2.8 billion
This AI chip startup founded in 2016 raised a $640 million funding round led by Blackrock in August, valuing the company at $2.8 billion. The company overall has raised more than $1 billion, with other investors including Type One Ventures and Samsung Catalyst Fund.
Altana Technologies
Valuation: $1 billion
Founded in 2018, this global supply chain company raised a $221.4 million Series C, valuing the company at $1 billion, according to Pitchbook. The company has raised more than $340 million to date, from investors including Salesforce Ventures and GV.
Story Protocol
Valuation: $2.45 billion
This blockchain company, founded in 2022, raised an $80 million Series B led by a16z, according to Crunchbase, valuing the company at $2.45 billion. Pitchbook says other investors include Foresight Ventures and Samsung NEXT Ventures.
EliseAI
Valuation: $1 billion
This AI property management platform, founded in 2017, last raised a $75 million Series D, valuing the company at $1 billion, according to Pitchbook. The company has raised $171.9 million to date, from investors including Sapphire Ventures and Point72 Ventures.
Codeium
Valuation: $1.3 billion
This AI code completion and chat tool, founded in 2021, raised a $150 million Series C that valued the company at $1.25 billion, according to Pitchbook. The company has raised more than $240 million to date, from investors including Founders Fund, and Base Case Capital.
HomeLight
Valuation: $1.7 billion
Founded in 2012, this real estate marketplace raised a $235 million Series D that valued the company at $1.7 billion, according to Pitchbook. The company has raised $524 million to date from investors including GV, Menlo Ventures, and TriplePoint Capital.
Aven
Valuation: $1 billion
Aven, founded in 2019, is a consumer credit card company. It reached a $1 billion valuation after closing a $142 million Series D led by Khosla Ventures and General Catalyst, according to CB Insights.
Flo Health
Valuation: $1 billion
This fertility-tracking app announced a $200 million Series C, valuing the company at more than $1 billion, TechCrunch reported. Founded in 2015, the company has raised more than $290 million in total funding from investors, including General Atlantic.
Chainguard
Valuation: $1.1 billion
This cybersecurity company announced a $140 million Series C, valuing the company at $1.12 billion. Founded in 2021, Chainguard has raised more than $256 million to date from investors, including Sequoia Capital, Lightspeed Venture Partners, and Redpoint Ventures.
Harvey
Valuation: $1.5 billion
Legal AI platform Harvey raised a $100 million round from investors, including Google Ventures, OpenAI, Kleiner Perkins, and Sequoia Capital, bringing its valuation to $1.5 billion. It has now raised a total of $206 million.
Saronic Technologies
Valuation: $1 billion
Saronic, a defense tech maker of autonomous surface vessels, raised a $175 million Series B at a $1 billion valuation, led by Andreessen Horowitz. Other backers include 8VC, Caffeinated Capital, and Elad Gil. It has now raised $244.5 million to date, according to PitchBook.
Creatio
Valuation: $1.2 billion
The workflow automation platform, founded in 2014, raised a $200 million funding round led by Sapphire Ventures, valuing the company at $1.2 billion. PitchBook claims the company has raised more than $260 million to date.
Huntress
Valuation: $1.55 billion
The managed cybersecurity startup that offers extended detection and response (EDR) tech closed a $150 million Series D, valuing the company at $1.55 billion. It has raised a little more than $300 million to date. Launched in 2015, investors include Kleiner Perkins and Sapphire Ventures.
xAI
Valuation: $24 billion
Founded by Elon Musk, this AI startup is valued at $24 billion after closing a $6 billion Series B backed by investors like Andreessen Horowitz, Craft Ventures, Fidelity Investments, and Sequoia. xAI offers the multimodal large language model, Grok.
BillionToOne
Valuation: $1 billion
This disease-screening genetic testing company raised a $130 million Series D, according to Crunchbase, valuing the company at $1 billion.
Altruist
Valuation: $1.5 billion
This fintech startup, which offers investment management for independent registered investment advisers, was founded in 2018. It raised a $169 million Series E in May, led by ICONIQ Growth, valuing the company at $1.5 billion. The company has raised more than $450 million to date in funding.
Weka
Valuation: $1.6 billion
A SaaS data storage company that specializes in AI use cases, Weka closed a $140 million Series E, valuing the company at $1.6 billion. Launched in 2013, the company has raised around $375 million to date, from investors including Valor Equity Partners, Generation Investment Management, and Nvidia.
Farcaster
Valuation: $1 billion
The open source, blockchain-based social media startup closed a $150 million Series A led by Paradigm, reaching a post-money valuation of $1 billion. Launched in 2021, it’s backed by a16z and Union Square Ventures and has raised more than $180 million in funding to date.
Sigma Computing
Valuation: $1.5 billion
This AI-driven big data analytics startup raised a round in May that valued it at $1.5 billion. The company has raised almost $560 million to date, according to Crunchbase.
Humanity Protocol
Valuation: $1 billion
This blockchain palm-scanning identity startup, founded in 2023, raised a $30 million seed round, valuing it at $1 billion. In total, the company has raised $30 million from investors, including Ash Park Capital and Aza Ventures, according to PitchBook.
Cyera
Valuation: $1.5 billion
Data security provider Cyera raised a $300 million Series C in April, valuing it at $1.5 billion. Founded in 2021, the company has raised $460 million to date from investors, including Redpoint Ventures and Accel.
Monad Labs
Valuation: $3 billion
Monad, working on a faster version of the Ethereum blockchain, raised a $225 million Series A in April, valuing the company at $3 billion. The company has raised more than $244 million from investors, including Amber Group and Artichoke Capital.
Nexamp
Valuation: $1.5 billion
This clean-energy company raised a $520 million round with a mixture of debt and venture financing that valued the company at $1.08 billion. The company, founded in 2007, has raised more than $1.31 billion in funding to date.
Grow Therapy
Valuation: $1.4 billion
This therapist-finder health tech company launched in 2020 and raised an $88 million Series C round, valuing the company at $1.4 billion. It has raised almost $180 million in funding from investors, including Sequoia, Goldman Sachs, and actress Anna Kendrick.
Cognition AI
Valuation: $2 billion
Cognition, which is working on an AI software engineer named Devin, reportedly raised a $175 million Series B in April, valuing the company at $2 billion. To date, the company, founded in 2023, has raised $196 million from investors such as Founders Fund, Khosla Ventures, and Pear.
Xaira Therapeutics
Valuation: $2.7 billion
This AI drug discovery startup, founded in 2023, launched with a $1 billion Series A in April, giving it a valuation of $2.7 billion. The company has raised $1 billion in total funding from investors including ARCH Venture Partners, Foresite Capital, Menlo Ventures, Lux Capital, and New Enterprise Associates.
Flip
Valuation: $1.19 billion
This social commerce platform, founded in 2019, raised a $144 million Series C, valuing the company at $1.19 billion. To date, the company has raised more than $300 million in venture funding from investors, including AppLovin, Streamlined VC, and Mubadala sovereign wealth fund.
io.net
Valuation: $1 billion
This cloud service, which puts GPUs from data centers and cryptocurrency miners into a decentralized network for AI models, was founded in 2019. It closed a $33 million Series A, valuing the company at $1 billion, with investors including 6th Man Ventures, Foresight Ventures, and ArkStream Capital.
Perplexity
Valuation: $1.04 billion
The AI search engine raised a $73.6 million Series B in January at a $520 million valuation, followed by an additional $62.7 million in April, doubling its valuation to $1.04 billion. The company has raised $165 million to date.
Octane
Valuation: $1.1 billion
A company that offers instant financing on mowers and recreational vehicles, Octane raised $50 million, giving it a $1.11 billion post-money valuation. Launched in 2014, it has raised around $250 million from investors including Progressive and Gaingels.
Celestial AI
Valuation: $1.2 billion
The AI company raised a $175 million Series C in March, valuing it at $1.2 billion. The company has raised $339 million to date from investors, including Koch Disruptive Technologies, Temasek, AMD, Samsung Catalyst Fund, and Porsche Automobil Holding.
IntraBio
Valuation: $1 billion
IntraBio, a neurodegenerative diseases drug discovery company, raised a $40 million round of funding in March that reportedly valued it at $1 billion. To date, the company has raised more than $50 million.
Liquid Death
Valuation: $1.4 billion
TechCrunch reported that the beverage startup’s last round of $67 million valued the company at $1.4 billion. Liquid Death has raised more than $260 million to date.
Blink Health
Valuation: $1.3 billion
Founded in 2014, this online pharmacy took on $81 million in private equity funding, giving it a $1.28 billion post-money valuation. The company has raised more than $250 million to date, with investors including 8VC and BoxGroup.
NinjaOne
Valuation: $1.9 billion
This mobile device management and security company raised a $231 million Series C in February, giving it a $1.9 billion post-money valuation. The company has raised $282.7 million to date from investors, including ICONIQ Growth.
Ascend Elements
Valuation: $1.6 billion
This sustainable battery company raised a $162 million round, giving it a post-money valuation of $1.61 billion. To date, the company has raised more than $1 billion from investors, including Just Climate, Clearvision Ventures, and Irongrey.
Lambda
Valuation: $1.5 billion
This GPU cloud computing platform for AI use raised a $320 million Series C at a post-money valuation of $1.52 billion. It then raised another $800 million round, bringing its total to almost $900 million with investors such as Garry Tan, Bloomberg Beta, and Alumni Ventures.
EigenLayer
Valuation: $1.1 billion
EigenLayer is behind a new project for Ethereum called staking, involving Ether tokens as security. It picked up a $100 million Series B, giving it a $1 billion valuation. The company has raised more than $160 million from investors, including Blockchain Capital and Apollo Crypto.
Figure
Valuation: $2.6 billion
The humanoid robot company raised a $675 million Series B, giving it a valuation of $2.6 billion. In total, Figure has raised almost $850 million in venture funding, with investors including Bezos Expeditions, Calm Ventures, Intel, Nvidia, OpenAI, and Microsoft.
Together AI
Valuation: $1.25 billion
This cloud service for running open source AI models raised a $106 million round led by Salesforce Ventures, giving the company a post-money valuation of $1.25 billion. Together AI has raised a little more than $232 million in venture funding from investors, including Hugging Face, NEA Partners, and 137 Ventures, according to PitchBook.
