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Six companies joined The ¸½½üÉÏÃÅ ¸½½üÉÏÃÅ in November 2024, with AI and developer operations leading for new unicorns. So far this year, the board, compared to 99 for all of 2023.

Five of the new unicorns are U.S.-based and one is headquartered in London.

All six are enterprise focused, and have collectively raised $1.8 billion in funding and added $10 billion in value to the board.

One of the companies raised seed through Series C funding in the span of less than a year.

Four companies exited

Last month, $20 billion in value .

China-based autonomous driving outfit went public on the , valued at $5.3 billion — below its last private value of $8.5 billion.

Two India-based unicorn companies went public: food delivery company — last valued at $10.7 billion in January 2022 — and trucking logistics platform , valued at $1 billion in 2021.

Another unicorn exited via an M&A deal: San Francisco-based API platform was acquired by mobile phone provider . Rapid was previously valued at $1 billion in the first quarter of 2022.

November’s minted unicorns

Here are all of the newly minted November unicorns, by sector.

AI

• , a research lab for AI robotics, raised a $400 million Series A funding led by , and . The  San Francisco-based company, less than a year old, was valued at $2.4 billion.
• San Francisco-based , an AI workflow service for companies, raised a $200 million Series C funding led by , and . The 4-year-old company was valued at $1.9 billion.

DevOps

• , an IT observability platform based in Santa Barbara, California, raised an $800 million private equity funding led by and . The 17-year old company was valued at $2.4 billion. In 2018 acquired a majority stake.
• Backup software service , providing instant access to backed up data, raised a $70 million Series C funding led by . Eon has raised seed through Series C funding in less than a year. The 1-year-old New York-based company was valued at $1.4 billion.

Professional Services

• London-based , an intelligence platform for the travel industry, raised a $370 million Series C funding led by PE firm . The 12-year-old company was valued at $1 billion.

Cybersecurity

• Austin, Texas-based , an anti ransomware security company, raised a $100 million Series C funding led by New York-based . The 3-year old company was valued at $1 billion.

Related ¸½½üÉÏÃÅ unicorn lists:

• (1,551)
• (100)
• (99)
• (771)
• (488)
• (204)
• (36)
• (453)
• (484)

Related reading:

• Pony. ai Shares Fall After Nasdaq Debut
• AI Startup Writer Authors $200M Round At $1.9B Valuation
• Anti-Ransomware Startup Halcyon Reaches Unicorn Status After $100M Series C

Methodology

The ¸½½üÉÏÃÅ ¸½½üÉÏÃÅ is a curated list that includes private unicorn companies with post-money valuations of $1 billion or more and is based on ¸½½üÉÏÃÅ data. New companies are as they reach the $1 billion valuation mark as part of a funding round.

The unicorn board does not reflect internal company valuations — such as those set via a 409a process for employee stock options — as these differ from, and are more likely to be lower than, a priced funding round. We also do not adjust valuations based on investor writedowns, which change quarterly, as different investors will not value the same company consistently within the same quarter.

Funding to unicorn companies includes all private financings to companies that are tagged as unicorns, as well as those that have since graduated to .

Exits analyzed here only include the first time a company exits.

Please note that all funding values are given in U.S. dollars unless otherwise noted. ¸½½üÉÏÃÅ converts foreign currencies to U.S. dollars at the prevailing spot rate from the date funding rounds, acquisitions, IPOs and other financial events are reported. Even if those events were added to ¸½½üÉÏÃÅ long after the event was announced, foreign currency transactions are converted at the historic spot price.