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Unicorns & thoroughbreds

01 · Unicorns by status
Source: Dealroom.co
Echodyne$5.3B · Nov 2026Sagar Defence Engineering$2.7B · Nov 2026Path Robotics$2.5B · Nov 2026Polymarket$1.8B rev · 2026Northwood Space$2B · Nov 2026Onodrim Industries$1.3B · Nov 2026Future Secure AI$1.2B · Nov 2026Z.ai | Zhipu AI$1B rev · 2026EOS-X SPACESHIP COMPANY$1.2B · Nov 2026Mavria$1B · Nov 2026Sand.ai$1B · Nov 2026Cognition | Devin AI$1B rev · 2026Traversal$1B · Nov 2026Re:Build Manufacturing$12.6B · Oct 2026TypeSafe AI | Jev$7.5B · Oct 2026Modal$1B rev · 2026Sai Life Sciences$5B · Oct 2026Armadin$2.5B · Oct 2026Xona Space$2.5B · Oct 2026MiniMax AI$800M rev · 2026Valon$2.3B · Oct 2026Classiq$2.3B · Oct 2026ABL Bio$2.2B · Oct 2026fomo$500M rev · 2026Blackwall$2.2B · Oct 2026Xodus Medical$2.1B · Oct 2026Network School$2B · Oct 2026Cloover$350M rev · 2026Atlas Atomics$1.9B · Oct 2026Maze Therapeutics$1.9B · Oct 2026Hyperexponential$1.7B · Oct 2026LibLib$300M rev · 2026Lycia Therapeutics$1.6B · Oct 2026Vinci4D.AI$1.5B · Oct 2026D&D Pharmatech$1.5B · Oct 2026Keeper Security$225M rev · 2026Eka Robotics$1.4B · Oct 2026Firehawk Aerospace$1.4B · Oct 2026TRACTIAN$1.4B · Oct 2026Domyn$220M rev · 2026Ab&B Biotech$1.4B · Oct 2026Small Business Fincredit$1.4B · Oct 2026Wabi$1.3B · Oct 2026xVisa Travel Services$211M rev · 2026Warhound$1.2B · Oct 2026Hex Technologies$1.2B · Oct 2026Shanghai Nasen Automotive Electronics$1.2B · Oct 2026Legora$200M rev · 2026Elisity$1.1B · Oct 2026SignSplit$1B · Oct 2026doubleAI$1B · Oct 2026Runway$200M rev · 2026Town$1B · Oct 2026Stand$1B · Oct 2026Blacksmith$1B · Oct 2026Genspark$200M rev · 2026Daytona$1B · Oct 2026Utopai Studios$1B · Oct 2026RobCo$1B · Oct 2026Vestwell$200M rev · 2026Skeleton Technologies$1B · Oct 2026Forge Nano$550M · Oct 2026Enflame$21.8B · Sep 2026InSilico Medicine$189M rev · 2026Yuanjie Semiconductor$10.3B · Sep 2026micro1$4B · Sep 2026Gaokai Precision$3.8B · Sep 2026Koho$183M rev · 2026Mach Industries$3.7B · Sep 2026Fab2$3.7B · Sep 2026AfterQuery$3.2B · Sep 2026Coralogix$175M rev · 2026Celero Communications$3B · Sep 2026Gimlet Labs$3B · Sep 2026The Exploration Company$2.7B · Sep 2026Eightfold$150M rev · 2026Angle Health$2.7B · Sep 2026David$2.2B · Sep 2026EVAS Intelligence$2.1B · Sep 2026Amprius$141M rev · 2026Listen Labs$2B · Sep 2026Open Cosmos$2B · Sep 2026CDN77$1.9B · Sep 2026OpenRouter$140M rev · 2026Exein$1.7B · Sep 2026Guangyu Xinchen$1.6B · Sep 2026Encoded Therapeutics$1.6B · Sep 2026Fresha$140M rev · 2026ITM Radiopharma$1.6B · Sep 2026Lyte$1.6B · Sep 2026Varda Space$1.6B · Sep 2026SiFive$135M rev · 2026Covenant$1.5B · Sep 2026SiMa.ai$1.4B · Sep 2026Ridgeline$1.4B · Sep 2026LatchBio$130M rev · 2026Naive AI$1.4B · Sep 2026Accelevation$1.3B · Sep 2026Verda$1.3B · Sep 2026ARS Pharmaceuticals$129M rev · 2026HGP Intelligent Energy$1.2B · Sep 2026Precision Neuroscience$1.2B · Sep 2026CADDi$1.2B · Sep 2026Satispay$128M rev · 2026EnduroSat$1.2B · Sep 2026Mech-Mind$1.1B · Sep 2026Guardio$1.1B · Sep 2026Amperity$125M rev · 2026Bluefors$1.1B · Sep 2026Huel$1.1B · Sep 2026General Datatech$1.1B · Sep 2026Joby Aviation$121M rev · 2026TAR$1B · Sep 2026UniPat$1B · Sep 2026Oasis Security$1B · Sep 2026Snorkel AI$120M rev · 2026Arcee$1B · Sep 2026Biossil$1B · Sep 2026Thatch$1B · Sep 2026CHAI AI$120M rev · 2026Kahua$1B · Sep 2026Micronano Core$825M · Sep 2026Priority$651M · Sep 2026Zip$120M rev · 2026BIT Digital$264M · Sep 2026XTEND$248M · Sep 2026Thrive Holdings$12B · Aug 2026Productboard$120M rev · 2026Instinct$10B · Aug 2026Lancium$10B · Aug 2026River AI$6.6B · Aug 2026ICON Technology$120M rev · 2026Lumilens$5.5B · Aug 2026Source Foundry$5B · Aug 2026Sharpa$3B · Aug 2026Enable$120M rev · 2026Sunrise$2.8B · Aug 2026Neros$2.5B · Aug 2026Volta$2.4B · Aug 2026RapidSOS$120M rev · 2026Shadowfax Technologies$2.3B · Aug 2026Wispr Flow$2B · Aug 2026Horizon 3 AI$2B · Aug 2026Cyberhaven$120M rev · 2026Maverick Power$1.8B · Aug 2026Lyntris$1.7B · Aug 2026Braveheart Bio$1.7B · Aug 2026Mark43$120M rev · 2026Hubble Network$1.6B · Aug 2026Mariana Minerals$1.5B · Aug 2026CodeRabbit$1.5B · Aug 2026E2B$120M rev · 2026Shanghai Fangqing Technology$1.5B · Aug 2026Muon Space$1.5B · Aug 2026BVNK$1.5B · Aug 2026Xvivo perfusion$120M rev · 2026D-Fend Solutions$1.5B · Aug 2026PCI Energy Solutions$1.4B · Aug 2026LB Pharmaceuticals$1.4B · Aug 2026N8n$117M rev · 2026HubX$1.3B · Aug 2026HappyRobot$1.2B · Aug 2026Bowhead Specialty Underwriters$1.1B · Aug 2026Envoy$115M rev · 2026Moss$1.1B · Aug 2026Gatik$1.1B · Aug 2026Obsidian Security$1.1B · Aug 2026SeekOut$115M rev · 2026Epiq Solutions$1.1B · Aug 2026Reformation$1.1B · Aug 2026Emerald AI$1.1B · Aug 2026Stream$111M rev · 2026Resulticks$1.1B · Aug 2026Wrtn$1B · Aug 2026Astron Aerospace$1B · Aug 2026Hippocratic AI$110M rev · 2026Velaura AI$1B · Aug 2026Gravis Robotics$1B · Aug 2026Rillet$1B · Aug 2026Spotter$110M rev · 2026Fasset$1B · Aug 2026NOBULL$1B · Aug 2026Pasqal$916M · Aug 2026Pilot$110M rev · 2026Latigo Biotherapeutics$833M · Aug 2026Blue Origin$140B · Jul 2026Crypto.com$20B · Jul 2026Astronomer$110M rev · 2026HKC$16.6B · Jul 2026Atoms$10.2B · Jul 2026Indo-MIM$8.3B · Jul 2026Solace$110M rev · 2026Oratomic$5.4B · Jul 2026CoolIT Systems$4.8B · Jul 2026Oxylabs$3.6B · Jul 2026Mesh Connect$110M rev · 2026Xsight Labs$2.8B · Jul 2026Proxima Fusion$2.6B · Jul 2026Antora Energy$2.5B · Jul 2026Mashgin$105M rev · 2026LimX Dynamics$2.2B · Jul 2026Simile$2B · Jul 2026Standard Nuclear$1.9B · Jul 2026Skild$100M rev · 2026Cover Genius$1.9B · Jul 2026Forte Biosciences$1.6B · Jul 2026Lumin Digital$1.6B · Jul 2026Apptronik$100M rev · 2026Ominimo$1.5B · Jul 2026Emergent$1.5B · Jul 2026Meshy$1.5B · Jul 2026Applied Compute$100M rev · 2026ROKAE$1.4B · Jul 2026Cathedral$1.4B · Jul 2026Astrodyne TDI$1.4B · Jul 2026Arena$100M rev · 2026Humanoid$1.4B · Jul 2026InoBat$1.3B · Jul 2026Glow$1.2B · Jul 2026Hightouch | Carry Technologies$100M rev · 2026Norm AI$1.2B · Jul 2026Flex$1.2B · Jul 2026Super.com$1.2B · Jul 2026Cresta$100M rev · 2026Genius AI$1.1B · Jul 2026Securitize$1.1B · Jul 2026Walden Robotics$1.1B · Jul 2026Owner$100M rev · 2026Prior Labs$1.1B · Jul 2026Myricx Bio$1.1B · Jul 2026HiDream.ai | Beijing Zhixiang Future Technology$1.1B · Jul 2026Exa$100M rev · 2026Moneybox$1.1B · Jul 2026Moqi Intelligent Technology$1B · Jul 2026Augustus$1B · Jul 2026Inari$100M rev · 2026Kraken Technology$1B · Jul 2026Even Realities$1B · Jul 2026Venice.ai$1B · Jul 2026TruMid$100M rev · 2026Firefly Bio$1B · Jul 2026Eliyan$1B · Jul 2026Fora$1B · Jul 2026Roofstock$100M rev · 2026Spectro Cloud$1B · Jul 2026Ambiq$933M · Jul 2026Alebund Pharmaceuticals$807M · Jul 2026Writer$100M rev · 2026Sharon AI$779M · Jul 2026Sail BiomedicinesJul 2026Ultima Genomics$100M rev · 2026ShopMy$100M rev · 2026Enter$100M rev · 2026Public$100M rev · 2026Offchain Labs$100M rev · 2026Glia$100M rev · 2026Quizlet$100M rev · 2026Reserv$100M rev · 2026Savvy Wealth$100M rev · 2026Pliant$100M rev · 2026MicroAGI$100M rev · 2026SemiAnalysis$100M rev · 2026turbopuffer$100M rev · 2026
02 · Startup funnel

From funded cohort to gigacorn

Every funded startup, from Pre-Seed to $1T+.

Pre-Seed
69.1K
Seed
55.7K
Series A
43.9K
Series B
22.1K
Series C
12.2K
Unicorn
3,768
Decacorn
369

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Fetching sector data.

— Pool of Funded Startups
$100K+ total funding
04 · Unicorn timeline

When & where unicorns are minted

Every company that ever reached a verified $1B+ valuation or exit, timed by the year it became a unicorn. Compare countries, cities or whole regions — as a cumulative stock or new unicorns per year — then copy a link that reproduces the exact view.

Unicorns minted over time

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Quick picks
Comparing
Tier
Mode
Location
Years – Threshold
Source: Dealroom.co. Unicorn = a verified $1B+ valuation or exit, ever — exited and since-deflated unicorns stay counted under “Ever reached”. Decacorn = ever worth $10B+, dated by the first year the company's priced valuation history crosses $10B. “Still above today” keeps only companies whose latest valuation is still $1B+, or $10B+ for decacorns. Unicorns minted before 2005 (or with an unknown year) sit in the cumulative baseline. “HQ or founding” credits relocated companies to both places. Bay Area and New Palo Alto follow Dealroom’s city-region definitions. The current year is year-to-date.

Decacorns worldwide, by the year each crossed $10B

Companies worth $10B+ today, stacked by country. Filter by region, compare headquarters with founding locations, or switch to unicorn counts and combined enterprise value.
05 · Head to head

Compare any two ecosystems. Or three.

Unicorns over time, per $B of VC and per million people.

Ecosystem head-to-head

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—
Years
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Source: Dealroom.co. Unicorn = a verified $1B+ valuation or exit, ever — exited and since-deflated unicorns stay counted. Sector is Dealroom's simplified classification of each company's taxonomy tags; cross-cutting taxonomy filters such as Deep Tech use the closest available outcome buckets here, while "Per $B of VC" uses the matching live VC tag scope. Per-capita rows use metro-area population for cities. The current year is year-to-date.
06 · Sector overview

Unicorns & thoroughbreds by sector

A sector breakdown of the Power Law universe. Use the four filters below the table to scope by region, ownership, VC backing or exit status — counts update inline.

Unicorns & thoroughbreds by sector

A sector overview table calculated from the underlying Power Law company sheet. Counts are inclusive: a company can appear in revenue and valuation columns when it qualifies for both. Valuation columns bucket each company by the highest tier it ever reached, VC-backed is the default lens, and every count covers companies founded since 1990. The four filters below scope the sector counts but don't affect the market map further down.

Region
Ownership
VC backing
Exit status
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07 · Unicorn valuations

Where unicorns are biggest

The typical latest valuation of $1B+ companies, broken out two ways — by sector × region, and by host city. Toggle between the median, top quartile and top decile to see where the heavy-tail outcomes cluster.

a · Sectors

Median unicorn valuation by sector & region

Latest valuation across $1B+ companies in each sector, split by region. Cell shade scales with the column maximum so you can scan which regions punch above their weight.

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b · Locations

Top unicorn cities — count vs. median valuation

Each dot is a city in the top 25 by unicorn count. Horizontal axis: number of unicorns. Vertical axis: median latest valuation. Colour groups by region — so you can see where the heavy-tail outcomes cluster.

08 · EV constellation

Private unicorns & thoroughbreds are worth $10T+

Every unicorn and $100M+ revenue thoroughbred plotted as a bubble, sized by latest valuation and grouped by region. Click any region bubble to split it into sub-regions, or switch the ownership toggle to public companies or both.

09 · Market map

Power Law company market map

Every sector sized by its share of the matching outcomes, each block split into its largest subcategories. Covers companies founded since 1990; tiers reflect the highest valuation a company ever reached. Choose Still private to exclude IPOs and acquisitions. Only selected companies are named on this public page; the +N chips count the outcomes behind them, which full Dealroom access opens up.

Tier
Status
Region
VC backing
Group by
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Selected company profiles

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