2 New Unicorns Established in November 2026

November 2026 has been a relatively quiet month in the unicorn world, with just two companies joining the billion-dollar club, as opposed to the 20 who made the mark in October.

This massive contrast really highlights the unpredictable rhythm of startup funding and investor appetite. While the number of new unicorns is smaller, both Genspark and Gamma represent the type of innovation, scale, and market potential that define today’s billion-dollar private companies.

Sometimes, it’s less about a massive number of companies reaching the $1 billion dollar threshold, and more about who these companies are, what they do and how they’ve managed to achieve an extraordinary feat in the world of privately-owned businesses.

Unicorn Trends in 2026

The pace of new unicorns this year has fluctuated significantly, reflecting wider macroeconomic conditions and sector-specific interest.

Early 2026 saw a surge in AI, fintech and sustainability-driven startups reaching billion-dollar valuations, but the slower entry in November could signal a mid-year reassessment by investors.

Months with fewer new unicorns may indicate that the market is becoming more selective, rewarding startups that demonstrate resilience, scalability and innovative approaches that can withstand a challenging economic climate.

November 2026: A Quiet Month or Strategic Shift?

With only two unicorns emerging in November, it’s worth considering whether this represents a slowdown in the year’s overall unicorn boom or simply a temporary pause. Seasonal effects, investor caution and the timing of funding rounds all play a role, but the key takeaway is that even in quieter months, standout startups continue to capture attention.

The selective nature of recent funding could lead to a higher concentration of long-term success stories, suggesting that 2026’s unicorn landscape is maturing and that quality is taking precedence over quantity.

Check out our full list of all unicorns minted in 2025 so far! Updated monthly.

2 Businesses Who Became Unicorns in November 2025

Here are the 2 companies that achieved unicorn status in November 2025.

Genspark: $1.25 billion

Founded in 2023 by former Baidu veterans Eric Jing and Kay Zhu, Genspark builds intelligent AI agents designed to automate complex workflows and repetitive tasks. With its recent $275 million Series B, which pushed its valuation to $1.25 billion, Genspark has attracted significant backing from top investors including Emergence Capital Partners and LV Technology Ventures.

As companies increasingly embrace automation to streamline operations, Genspark aims to position its agents as a scalable alternative to manual, labor-intensive processes, helping businesses boost efficiency while navigating the growing demand for AI-driven productivity solutions.

Gamma: $2.1 billion 

Gamma, a startup specialising in AI-generated visuals and website creation, secured a $2.1 billion valuation following a $68 million Series B round led by prominent investor a16z. Launched in 2022, the company has quickly become a “double unicorn,” capturing attention for its ability to produce polished, design-forward digital assets through artificial intelligence.

By automating tasks like web design and visual content generation, Gamma reduces the dependency on traditional design teams, offering a fast, cost-effective solution for businesses and entrepreneurs eager to build or refresh their online presence with minimal overhead.