Despite the still-tight venture capital market, new unicorns are emerging every month.
TechCrunch, using data from Crunchbase and PitchBook, tracked the newly minted unicorns backed by venture capital as of the end of January. Among them are healthcare startups like Hippocratic AI and satellite companies such as Loft Orbital.
This list will be updated throughout the year, so stay tuned to see which powerful companies are raising funds in 2025!
January
- Kikoff — $1 billion: This personal finance platform was valued at $1 billion after raising an undisclosed amount, according to PitchBook. Founded in 2019, Kikoff has raised $42.5 million so far and counts investors such as Female Founders Fund, Lightspeed Venture Partners, and basketball star Steph Curry.
- NetraDyne — $1.35 billion: Established in 2015, this computer vision startup raised a $90 million Series D, bringing its valuation to $1.35 billion, according to Crunchbase. The round was led by Point72 Ventures.
- Hippocratic AI — $1.6 billion: Founded in 2023, this healthcare startup focuses on creating AI models for the sector. It raised $141 million in Series B funding, pushing its valuation to $1.64 billion, according to Crunchbase. Kleiner Perkins led the funding round.
- Truveta — $1 billion: Specializing in genetic research, Truveta raised $320 million in a round that valued the company at $1 billion, according to Crunchbase. Founded in 2020, it is backed by CVCs from Microsoft and Regeneron Pharmaceuticals.
- Mercor — $2 billion: This contract recruiting startup raised $100 million in Series B funding, bringing its valuation to $2 billion. Founded in 2022, it counts investors such as Felicis, Menlo Ventures, Jack Dorsey, Peter Thiel, and Anthology Fund.
- Loft Orbital — $1 billion: Founded in 2017, this satellite space company raised $170 million in Series C funding, placing its valuation at $1 billion, according to Crunchbase. The funding round included investors like Temasek and Tikehau Capital.