"AI Boom Fuels Rise of New Tech Unicorns Across Diverse Industries in 2025"

At least 36 new tech unicorns were minted in 2025, reflecting a surge in venture capital funding driven largely by the hype surrounding AI. While many of these startups are AI-focused, others span industries such as satellite technology, blockchain, healthcare, and consumer products. June Linear: Valued at $1.25 billion after raising an $82 million Series C. Founded in 2019, Linear provides a software development product management tool and has raised over $130 million from investors like Accel and Sequoia Capital. Gecko: Reached a $1.62 billion valuation with a $121 million Series D. Founded in 2013, Gecko specializes in data-gathering robotics capable of climbing, crawling, swimming, and flying. The company has raised more than $340 million, backed by Cox Enterprises and Drive Capital. Meter: Raised a $170 million Series C to reach a $1.38 billion valuation. Founded in 2015, Meter offers managed internet infrastructure services to enterprises and has attracted investors like General Catalyst, Sam Altman, and Lachy Groom. Teamworks: A sports software company that reached a $1.25 billion valuation after raising $247 million in a Series F. Founded in 2006, Teamworks has raised over $400 million from Seaport Capital and General Catalyst. Thinking Machines: Valued at $10 billion after a $2 billion seed round. Founded in 2024 by OpenAI alum Mira Murati, the company focuses on AI research and is backed by a16z and Nvidia. Kalshi: A prediction markets company that secured a $185 million Series C, reaching a $2 billion valuation. Founded in 2018, Kalshi has raised over $290 million from Sequoia and Global Founders Capital. Decagon: Raised a $131 million Series C to achieve a $1.5 billion valuation. Founded in 2023, Decagon develops AI agents for customer service and has received funding from a16z and Accel. May Pathos: A drug development company that raised $365 million in a Series D, achieving a $1.6 billion valuation. Founded in 2020, Pathos has raised over $460 million from General Catalyst and Altimeter Capital Management. Statsig: A product development platform that raised $100 million in a Series C, reaching a $1.1 billion valuation. Founded in 2021, Statsig has raised $153 million, supported by Sequoia, M13, and ICONIQ Growth. SpreeAI: A shopping tech company that secured an undisclosed round, valuing it at $1.5 billion. Founded in 2020, SpreeAI has raised over $20 million from The Davidson Group. Function: A health tech company that raised $200 million, valuing it at $2.5 billion. Founded in 2020, Function has raised $250 million, backed by a16z. Owner: A restaurant marketing software company that secured a $120 million Series C, reaching a $1 billion valuation. Founded in 2018, Owner has raised $180 million, with investors like Headline, Redpoint Ventures, SaaStr Fund, and Meritech Capital. Awardco: An employee engagement platform that raised $165 million in a Series B, achieving a $1 billion valuation. Founded in 2012, Awardco has raised over $230 million, supported by General Catalyst. April Nourish: A dietitian tele-health company that raised $70 million in a Series B, valuing it at $1 billion. Founded in 2020, Nourish has raised $100 million, backed by Index Ventures and Thrive Capital. Chapter: A Medicare guide health tech company that raised $75 million in a Series D, reaching a $1.38 billion valuation. Founded in 2013, Chapter has raised $186 million, with investors like XYZ Venture Capital. ThreatLocker: A data protection company that raised $60 million in a Series E, achieving a $1.2 billion valuation. Founded in 2017, ThreatLocker has raised $200 million, supported by General Atlantic and StepStone Group. Cyberhaven: A data detection company that secured a $100 million Series D, reaching a $1 billion valuation. Founded in 2015, Cyberhaven has raised over $200 million, with investors including Khosla Ventures and Redpoint Ventures. March Fleetio: An Alabama-based fleet operations software company that raised $454 million in a Series D, valuing it at $1.5 billion. Founded in 2012, Fleetio has raised $624 million, backed by Elephant and Growth Equity at Goldman Sachs Alternatives. The Bot Company: A robotics platform that secured a $150 million early-stage round, reaching a $2 billion valuation. Founded in 2024, the company has raised $300 million in total. Celestial AI: An AI company that raised $250 million in a Series C led by Fidelity, achieving a $2.5 billion valuation. Founded in 2020, Celestial AI has raised $580 million, backed by BlackRock and Engine Ventures. Underdog Fantasy: A sports gaming company that raised $70 million in a Series C, reaching a $1.3 billion valuation. Founded in 2020, Underdog Fantasy has raised over $100 million, supported by Spark Capital. BuildOps: A software company that secured a $122.6 million Series C, reaching a $1 billion valuation. Founded in 2018, BuildOps has raised $273 million, with investors including Founders Fund and Fika Ventures. Insilico Medicine: A drug research company that raised $110 million in a Series E, reaching a $1 billion valuation. Founded in 2014, Insilico Medicine has raised over $500 million, backed by Lilly Ventures and Value Partners Group. Olipop: A probiotic soda company that raised $137.9 million in a Series C, reaching a $1.96 billion valuation. Founded in 2018, Olipop has raised $243 million, with investors like Scoop Ventures and J.P. Morgan Growth Equity Partners. Peregrine: A data analysis and integration platform that raised $190 million in a Series C, valuing it at $2.5 billion. Founded in 2017, Peregrine has raised over $250 million, backed by Sequoia and Fifth Down Capital. Assured: An AI company that helps process claims, securing a $23 million Series B, reaching a $1 billion valuation. Founded in 2019, Assured has raised over $26 million, with investors including ICONIQ Capital and Kleiner Perkins. February Abridge: A medtech company that raised $250 million in a Series D, reaching a $2.75 billion valuation. Founded in 2018, Abridge has raised over $460 million, backed by Elad Gil and IVP. OpenEvidence: A medtech company that secured a $75 million Series A, reaching a $1 billion valuation. Founded in 2017, OpenEvidence has raised $135 million, supported by Sequoia Capital. Hightouch: A data platform that raised $80 million in a Series C, achieving a $1.2 billion valuation. Founded in 2018, Hightouch has raised $171 million, with investors including Sapphire Ventures and Bain Capital Ventures. January Kikoff: A personal finance platform that secured an undisclosed amount, reaching a $1 billion valuation. Founded in 2019, Kikoff has raised $42.5 million, backed by Female Founders Fund, Lightspeed Venture Partners, and Steph Curry. Netradyne: A computer vision startup that raised $90 million in a Series D, reaching a $1.35 billion valuation. Founded in 2015, Netradyne is backed by Point72 Ventures. Hippocratic AI: A health tech startup that secured a $141 million Series B, reaching a $1.64 billion valuation. Founded in 2023, Hippocratic AI is backed by Kleiner Perkins. Truveta: A genetic research company that raised $320 million, valuing it at $1 billion. Founded in 2020, Truveta has investors like Microsoft and Regeneron Pharmaceuticals. Clay: An AI sales platform that secured a $40 million Series B, achieving a $1.25 billion valuation. Founded in 2017, Clay has raised over $100 million, backed by Sequoia, First Round, and Box Group. Mercor: A contract recruitment startup that raised $100 million in a Series B, reaching a $2 billion valuation. Founded in 2022, Mercor is supported by Felicis, Menlo Ventures, Jack Dorsey, Peter Thiel, and Anthology Fund. Loft Orbital: A satellite technology company that raised $170 million in a Series C, achieving a $1 billion valuation. Founded in 2017, Loft Orbital is backed by Temasek and Tikehau Capital. Industry Insights and Company Profiles The influx of new unicorns in 2025 underscores the current investor enthusiasm for cutting-edge technologies, particularly in AI. Companies like Thinking Machines and Celestial AI, founded or co-founded by notable figures in the tech industry, are attracting large rounds of capital due to their potential in advancing AI research and applications. This trend is also evident in other sectors, such as healthcare and satellite technology, where startups like Hippocratic AI and Loft Orbital are making waves. Industry insiders attribute this surge to a combination of factors, including the rapid advancement of AI capabilities, the increasing availability of data, and the urgent need for innovative solutions across various sectors. The investment landscape is becoming more competitive, with traditional tech giants and new venture capital firms actively seeking opportunities in these groundbreaking areas. Companies like Kalshi and Olipop highlight the diversification of the tech sector, with innovative platforms emerging not only in traditional tech but also in consumer and financial services. The success of these startups suggests a broadening scope of technological disruption and the potential for significant market impact beyond the confines of pure AI development. Overall, the emergence of these unicorns indicates a robust and dynamic tech ecosystem, where innovation is rewarded and the future potential of these companies is widely recognized and valued by investors.