6 new tech unicorns were minted in January 2025 so far.

Despite a still tight venture capital market, new unicorns are still being created every month.

Using data from Crunchbase and PitchBook, TechCrunch tracked down the newly VC-backed startup minted unicorns so far this year as of the end of January. Those include healthcare companies like Hippocratic AI and satellite space companies like Loft Orbital. 

This list will be updated throughout the year, so check back and see the powerhouses raising this year! 

January 

Kikoff — $1 billion: This personal finance platform last raised an undisclosed amount that valued it at $1 billion, according to Pitchbook. The company, founded in 2019, has raised $42.5 million to date and counts Female Founders Fund, Lightspeed Venture Partners, and basketballer Steph Curry as investors. 

NetraDyne — $1.35 billion: Founded in 2015, this computer vision startup raised a $90 million series D valuing it at $1.35 billion, according to Crunchbase. The round was led by Point72 Ventures.

Hippocratic AI — $1.6 billion: This startup, founded in 2023, creates healthcare models. It raised a $141 million Series B, valuing it a $1.64 billion, according to Crunchbase. The round was led by Kleiner Perkins. 

Truveta — $1 billion: This genetic research company raised a $320 million round valuing it a $1 billion, according to Crunchbase. Founded in 2020, its investors include the CVCs from Microsoft and Regeneron Pharmaceuticals.  

Mercor — $2 billion: This contract recruiting startup raised a $100 million Series B valuing it at $2 billion. The company, founded in 2022, counts Felicis, Menlo Ventures, Jack Dorsey, Peter Thiel, and Anthology Fund as investors. 

Loft Orbital — $1 billion: Founded in 2017, the satellite company raised a $170 million Series C valuing the company at $1 billion, according to Crunchbase. Investors in the round included Temasek and Tikehau Capital.