2025’s Rising Stars: 20 New Tech Unicorns Revolutionizing the Industry

In the dynamic landscape of venture capital, new unicorns continue to emerge, showcasing innovation across various industries. Even with a competitive investment environment, startups are achieving remarkable valuations, particularly in sectors like healthcare and technology. This article highlights the latest unicorns minted in 2023, providing insights into their achievements and growth trajectories.

Overview of Newly Minted Unicorns in 2023

As of March 2023, several startups have successfully transitioned into unicorn status, each making significant strides in their respective fields. Below is a curated list of newly minted unicorns, highlighting their funding rounds and valuations.

March Unicorns

• Fleetio — $1.5 billion: This Alabama-based software company simplifies fleet operations. They secured a $454 million Series D funding round, with total funding reaching $624 million, backed by investors like Elephant Partners and Goldman Sachs Asset Management.
• The Bot Company — $2 billion: A robotics platform that recently raised $150 million in early-stage funding, bringing its total to $300 million.
• Celestial AI — $2.5 billion: This AI startup raised $250 million in Series C funding, led by Fidelity, with total capital raised exceeding $580 million.
• Underdog Fantasy — $1.3 billion: A sports gaming company that raised $70 million in Series C funding, achieving a valuation of $1.3 billion.
• Build Ops — $1 billion: This software company raised $122.6 million in Series C funding, totaling $273 million in capital.
• Insilico Medicine — $1 billion: A drug research firm that secured $110 million in Series E funding, with over $500 million raised to date.
• Olipop — $2 billion: The probiotic soda company raised $137.9 million in Series C funding, with total funding of $243 million.
• Peregrine — $2.5 billion: An operations management platform that raised $190 million in Series C funding.
• Assured — $1 billion: This AI claims processing company raised $23 million in Series B funding.

February Highlights

• Veza — $1.7 billion: A data security firm that raised $108 million in Series D funding, bringing total funding to over $230 million.
• Abridge — $2.8 billion: A medtech startup that raised $250 million in Series D funding.
• OpenEvidence — $1 billion: This medtech company secured $75 million in Series A funding.
• Hightouch — $1.2 billion: A data platform that raised $80 million in Series C funding.

January Unicorns

• Kikoff — $1 billion: A personal finance platform that recently achieved a valuation of $1 billion.
• Netradyne — $1.35 billion: This computer vision startup secured $90 million in Series D funding.
• Hippocratic AI — $1.6 billion: A healthcare model startup that raised $141 million in Series B funding.
• Truveta — $1 billion: A genetic research company that raised $320 million.
• Clay — $1.25 billion: An AI sales platform that raised $40 million in Series B funding.
• Mercor — $2 billion: A contract recruiting startup that raised $100 million.
• Loft Orbital — $1 billion: A satellite company that secured $170 million in Series C funding.

Stay tuned for updates throughout the year as more startups join the ranks of unicorns. For more insights into the venture capital landscape, explore our related articles or visit resources like Crunchbase and PitchBook for the latest data.