Six corporations joined the Crunchbase Unicorn Board in November 2024, and AI and developer operations have spawned new unicorns. So far this yr 100 corporations joined management board compared to 99 in all of 2023
Five of the new unicorns are based in the US and one is based in London.
All six focus on enterprises and have collectively raised $1.8 billion in funding and added $10 billion in value to the board.
One company raised seeds in Series C funding in lower than a yr.
Four corporations got here out
Last month it was price $20 billion he left the board.
Autonomous vehicle team based in China Pony.ai published on Nasdaqvalued at $5.3 billion, below its last private valuation of $8.5 billion.
Two Indian unicorn corporations have gone public: a food delivery company Swiggy – last valued at $10.7 billion in January 2022 – and a road transport logistics platform Blackbuckwhose value might be USD 1 billion in 2021.
Another unicorn has exited the company through mergers and acquisitions: the San Francisco-based API platform Fast was taken over by a mobile operator Nokia. Rapid was previously valued at $1 billion in the first quarter of 2022.
November unicorns minted
Here are all the newly minted November unicorns, by sector.
artificial intelligence
DevOps
- Logical MonitorSanta Barbara, California-based IT surveillance platform has raised $800 million in private equity funding led by The capital of Golub AND PSG shares. The 17-year-old company was valued at $2.4 billion. In 2018 Vista Capital Partners acquired a majority stake in the company.
- Backup software service Eternityproviding easy access to data backups, raised $70 million in Series C funding led by Bond. Eon raised seed with Series C funding in lower than a yr. The year-old New York-based company was valued at $1.4 billion.
Professional services
- Based in London Lighthouseintelligence platform for the travel industry, raised $370 million in Series C funding led by a PE firm Kohlberg Kravis Roberts. The 12-year-old company was valued at $1 billion.
Cybersecurity
Methodology
The Crunchbase Unicorn Board is a curated list of private unicorn corporations with a post-money valuation of at least $1 billion, based on Crunchbase data. There are new corporations added to the Unicorn Board after it reached $1 billion in funding round.
The unicorn board does not reflect internal company valuations – reminiscent of those determined through the 409a process for worker stock options – because they are different from the valued financing round and will almost definitely be lower. We also do not adjust valuations based on investor write-downs, which change quarterly, because different investors won’t value the same company consistently in the same quarter.
Unicorn company financing includes all private financing of corporations designated as unicorns, in addition to people who have since transformed into Coming out unicorn board.
The exits analyzed here include only the firm’s first exit.
Please note that each one financing amounts are in US dollars unless otherwise noted. Crunchbase converts foreign currency echange to U.S. dollars at the spot rate in effect on the date financing rounds, acquisitions, IPOs and other financial events are reported. Even if these events were added to Crunchbase long after the event was announced, currency transactions are converted at the historical spot price.