// SECTOR DOSSIER
ai Unicorns
Every ai unicorn we track — 137 private companies valued $1B or more, tiered by paper valuation. Combined balance sheet myth: $2,600B.
TIER 1 // APEX TARGETS
The Hectacorns $100B+ · 4
TIER 2 // PRIORITY TARGETS
The Decacorns $10B – $99B · 28
- xAI$75BUNITED STATES
- Waymo$45BUNITED STATES
- Figure AI$39BUNITED STATES
- Coreweave$35BUNITED STATES
- UiPath$35BUNITED STATES
- Safe Superintelligence$32BUNITED STATES
- VAST Data$30BUNITED STATES
- Project Prometheus$30BUNITED STATES
- Cursor$29BUNITED STATES
- Scale AI$29BUNITED STATES
- Anduril$28BUNITED STATES
- Cognition AI$26BUNITED STATES
- Cerebras$23BUNITED STATES
- Groq$20BUNITED STATES
- Perplexity AI$20BUNITED STATES
- Nscale$14.6B
- Mistral AI$14BFRANCE
- Helsing$14BGERMANY
- Skild AI$14BUNITED STATES
- Grammarly$13BUNITED STATES
- Shield AI$12.6BUNITED STATES
- Labs$12.5B
- OpenEvidence$12B
- Thinking Machines Lab$12B
- Harvey$11BUNITED STATES
- Celonis$11BGERMANY
- ElevenLabs$11BUNITED STATES
- Mercor$10B
TIER 3 // STANDING HORDE
The Unicorn Herd $1B – $9.9B · 105
- Tempus$7BUNITED STATES
- Cohere$6.8BCANADA
- Automation Anywhere$6.8BUNITED STATES
- WeDoctor$6.8BCHINA
- Lovable$6.6B
- DataRobot$6.3BUNITED STATES
- Relex$5.68BFINLAND
- Contentsquare$5.6BFRANCE
- SandboxAQ$5.6BUNITED STATES
- SambaNova$5.1BUNITED STATES
- Hopper$5BCANADA
- Hello TransTech$5B
- Dataiku$4.6BUNITED STATES
- Checkr$4.6BUNITED STATES
- Gong$4.5BUNITED STATES
- Socure$4.5BUNITED STATES
- Hugging Face$4.5BUNITED STATES
- Ucar$4.4BCHINA
- Outreach$4.4BUNITED STATES
- Dataminr$4.1BUNITED STATES
- AlphaSense$4BUNITED STATES
- Abnormal Security$4BUNITED STATES
- Megvii$4BCHINA
- Commure$3.5BUNITED STATES
- Preferred Networks$3.33BJAPAN
- Starburst Data$3.3BUNITED STATES
- Plus.ai$3.3BUNITED STATES
- Zoox$3.2BUNITED STATES
- Verkada$3.2BUNITED STATES
- Replit$3BUNITED STATES
- Seismic$3BUNITED STATES
- Icertis$2.8BUNITED STATES
- Sourcegraph$2.6BUNITED STATES
- Cambricon$2.5BCHINA
- Physical Intelligence$2.4BUNITED STATES
- Highspot$2.3BUNITED STATES
- Gamma$2.1BUNITED STATES
- Eightfold.ai$2.1BUNITED STATES
- Sword Health$2BPORTUGAL
- Hive$2BUNITED STATES
- Meitu$2BCHINA
- Iterable$2BUNITED STATES
- Verbit$2BISRAEL
- Instabase$2BUNITED STATES
- ThoughtSpot$1.95BUNITED STATES
- ZigBang$1.93BSOUTH KOREA
- Lightricks$1.8BISRAEL
- Quora$1.8BUNITED STATES
- Workato$1.7BUNITED STATES
- Incredible Health$1.65BUNITED STATES
- Clari$1.6BUNITED STATES
- Clio$1.6BCANADA
- Cresta$1.6BUNITED STATES
- HeartFlow$1.5BUNITED STATES
- NotCo$1.5BCHILE
- NextSilicon$1.5BISRAEL
- Render (page does not exist)"$1.5B
- MOLOCO$1.5BUNITED STATES
- Sakana AI$1.5BJAPAN
- Zeta$1.45BUNITED STATES
- Jasper$1.35BUNITED STATES
- Feedzai$1.3BUNITED STATES
- Corgi$1.3B
- Darktrace$1.25BUNITED KINGDOM
- Applied Intuition$1.25BUNITED STATES
- Incode$1.25BUNITED STATES
- Dental Monitoring$1.2BFRANCE
- Ada$1.2BCANADA
- MindTickle$1.2BUNITED STATES
- Coveo$1.2BCANADA
- HeadSpin$1.16BUNITED STATES
- Coveo$1.1BCANADA
- SmartNews$1.1BJAPAN
- Trax$1.1BSINGAPORE
- Starcloud$1.1B
- Flo Health$1BUNITED KINGDOM
- IGAWorks$1BSOUTH KOREA
- Improbable$1BUNITED KINGDOM
- Tenstorrent$1BUNITED STATES
- Pentera$1B
- ReliaQuest$1BUNITED STATES
- Tezign$1BCHINA
- Hailo$1BISRAEL
- Visier$1BCANADA
- Dt Dream$1BCHINA
- Yitu Technology$1BCHINA
- OrCam$1BISRAEL
- Character.ai$1BUNITED STATES
- MindMaze$1BSWITZERLAND
- Chubao Technology$1BCHINA
- Earnix$1BISRAEL
- Picsart$1BUNITED STATES
- Nuro$1BUNITED STATES
- Yidian Zixun$1BCHINA
- Tongdun Technology$1BCHINA
- Tractable$1BUNITED KINGDOM
- PatSnap$1BSINGAPORE
- Shift Technology$1BFRANCE
- Bluecore$1BUNITED STATES
- Krutrim$1BINDIA
- Glance$1BINDIA
- SmartMore$1BCHINA
- FXiaoKe$1BCHINA
- Argo AI$0B
- Coupa$0B