Despite ongoing challenges in venture capital fundraising, 2025 has witnessed a steady rise of new unicorn startups across various industries. According to the latest data compiled from PitchBook and Crunchbase, several notable startups have already reached billion-dollar valuations this year.
In March, key companies joining the unicorn ranks included Fleetio, a firm providing software solutions to streamline fleet management operations. Founded in Alabama in 2012, Fleetio raised a substantial $454 million during its latest Series D round, yielding a $1.5 billion valuation. To date, the company has secured $624 million from notable investors such as Elephant Partners and Goldman Sachs Asset Management.
Another March addition to this coveted lineup was robotics startup The Bot Company. Despite its recent foundation in 2024, the company swiftly attracted $150 million in early-stage investment, pushing its valuation to a sizable $2 billion. Thus far, it has raised $300 million in total financing.
Celestial AI, a high-profile artificial intelligence firm founded in 2020, secured a Series C round led by Fidelity totaling $250 million, giving it a $2.5 billion valuation. Having cumulatively raised upwards of $580 million, Celestial AI counts influential investors like BlackRock and Engine Ventures among its supporters.
The sports gaming platform, Underdog Fantasy, has steadily grown since its start in 2020. It recently finalized a $70 million Series C funding round, achieving a $1.3 billion valuation, backed by investors including Spark Capital. Its cumulative funding exceeds $100 million.
BuildOps, a software provider aiming to improve operational efficiency for service businesses, raised $122.6 million in Series C funding, pegging its valuation at an even $1 billion. Founded in 2018, BuildOps’ total investment to date stands at $273 million, attracting investors like Founders Fund and Fika Ventures.
Healthcare technology continues its upward trajectory with Insilico Medicine, founded in 2014. The company, known for its research and development in pharmaceuticals aided by AI, raised a $110 million Series E round, reaching a valuation of $1 billion. It has raised a cumulative $500 million, with notable backers like Lilly Ventures and Value Partners Group.
Well-known probiotic soft-drink brand Olipop reached unicorn status after completing a $137.9 million Series C funding round at a near $2 billion valuation. Launched in 2018, the beverage company has collected $243 million from investors including Scoop Ventures and J.P. Morgan Growth Equity Partners.
The software-driven operations management firm Peregrine, established in 2017, raised a $190 million Series C round to command a robust valuation of $2.5 billion. It has collected more than $250 million in overall funding, supported by investors including Sequoia and Fifth Down Capital.
Assured, an AI venture streamlined around improving claim processing efficiency, climbed to a $1 billion valuation after obtaining a modest $23 million Series B funding round. Founded in 2019, its financing totals slightly exceed $26 million from well-known venture firms Kleiner Perkins and ICONIQ Capital.
The growth continued into February, notably with Veza, a data security startup founded in 2020. After raising a Series D round of $108 million, Veza achieved a valuation of $1.7 billion. JP Morgan Chase is listed among its prominent investors; the company’s total funding now surpasses $230 million.
Abridge, a healthcare technology company specializing in medical documentation solutions, saw its value reach $2.75 billion after its latest $250 million Series D round. Since its founding in 2018, Abridge has raised over $460 million from investors like IVP and Elad Gil.
Other highlights from early 2025 include OpenEvidence, another promising health-tech company that secured a $75 million Series A funding round, bringing its valuation to $1 billion. Similarly, California-based startup Hightouch achieved a $1.2 billion valuation through an $80 million Series C round, backed by Sapphire Ventures and Bain Capital Ventures.
January’s successful entrants included personal finance platform Kikoff, reaching a $1 billion valuation; AI-driven vision tech firm Netradyne, with a valuation of $1.35 billion; healthcare AI startup Hippocratic AI, valued at $1.64 billion; genetic data startup Truveta, valued at $1 billion; and sales AI company Clay, reaching a $1.25 billion valuation.
Mercor, a rapidly scaling contract recruiting platform founded by young entrepreneurs in 2022, drew significant attention by achieving a $2 billion valuation following its $100 million funding round. Lastly, Loft Orbital, delivering versatile satellite services, raised a $170 million Series C to acquire a $1 billion-plus valuation with significant backing from investment firms Temasek and Tikehau Capital.
These fresh unicorns reflect another strong start to the year for tech investments and startup enterprise valuations, even amid continuing uncertainty in broader market conditions.
