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16. January 2025
The Unicorn Board Reaches a New Milestone as $1 Trillion in Funding is Raised
Companies on The Crunchbase Unicorn Board have collectively topped $1 trillion in funding for the first time, marking a new benchmark for this prestigious list of private, venture-backed companies with billion-dollar valuations.
As of December 2024, a total of 109 new companies joined the board, adding nearly $250 billion in value and $53 billion in funding to the collective totals. This brings the total number of unicorns on the board to over 2,000, with each company’s valuation exceeding $1 billion.
The unicorn board has become a symbol of innovation and success in the business world, with companies like Pony.ai, Swiggy, and Blackbuck going public or exiting via acquisitions. These milestones demonstrate the growing influence of venture capital and private equity firms in shaping the future of technology and entrepreneurship.
Among the new additions to the board are several AI-focused companies, including LogicMonitor, Eon, and Rapid, which have collectively raised over $2 billion in funding and added nearly $10 billion in value to the board. These companies demonstrate the growing importance of AI and developer operations in driving innovation and growth.
The unicorn board’s success story is a testament to the power of venture capital and private equity firms in identifying and supporting emerging technologies and entrepreneurs. As The Exited Unicorn Board continues to grow, it will be interesting to see how these companies evolve and continue to drive growth and innovation in their respective industries.
Methodology: Crunchbase maintains a curated list of unicorn companies with post-money valuations of $1 billion or more based on available data. New companies are added as they reach the $1 billion valuation mark during funding rounds, excluding internal company valuations and funding values below $100 million.
Funding Data: As of December 2024, total funding value for all unicorns is over $2 trillion, with each company’s valuation exceeding $1 billion.