Despite still a tight venture capital market, new unicorns are still being created each month.
Using data from CrunchBase and Pitchbook, TechCrunch has tracked the newly-built unicorns so far this year (as of the end of January). These include medical companies such as Hippocratic AI and satellite space companies such as Loft Orbital.
This list is updated throughout the year, so check out the Powerhouses you're growing this year!
January
Kikoff – $1 Billion: According to Pitchbook, the personal finance platform last raised a private amount valued at $1 billion. Founded in 2019, the company has raised $42.5 million so far, counting women's founder funds, Lightspeed Venture Partners, and Basketballer Steph Curry as investors.
Netradyne – $1.35 billion: Founded in 2015, the computer vision startup valued the $90 million Series D at $1.35 billion, according to CrunchBase. The round was led by Point 72 Ventures.
Hippocratic AI – $1.6 billion: Founded in 2023, the startup creates a healthcare model. According to CrunchBase, it raised a $141 million Series B, valued at $1.644 billion. The round was led by Kleiner Perkins.
Truveta – $1 Billion: According to CrunchBase, the genetic research company valued the $320 million round at $1 billion. Founded in 2020, investors include Microsoft and Regeneron Pharmaceuticals CVC.
Mercor – $2 Billion: The contract recruiting startup valued the $100 million Series B at $2 Billion. Founded in 2022, the company counts Felicis, Menlo Ventures, Jack Dorsey, Peter Thiel and the Anthology Fund as investors.
Loft Orbital – $1 Billion: The satellite company, founded in 2017, valued the $170 million Series C at $1 billion, according to CrunchBase. Investors in the round include Temasek and Tikehau Capital.