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July Sees Record 40 Companies Join the Unicorn Board, Highest in Over Four Years

In July, the Crunchbase Unicorn Board welcomed 40 new companies, marking the highest monthly figure in over four years. Three of these newcomers were valued above $10 billion, known as decacorns. Key sectors leading this surge included financial services, robotics, AI orchestration, multimodal AI, energy, and semiconductors. The combined value added by new unicorns exceeded $100 billion monthly over the past two months. The U.S. led with 19 new unicorns, followed by China with eight, and several other countries contributing fewer entries. Notably, 15 of the new unicorns are under three years old, while seven are over a decade. This year’s pace is accelerating, with 195 new unicorns in the first half alone, surpassing 2025’s total.

Crunchbase
Crunchbase