The 11 Newest Unicorns In March 2025

Achieving unicorn status is no easy feat by any standard. Not only are the requirements of the title very specific (companies must be privately owned and valued at a minimum of $1 billion), but sometimes it’s actually harder to maintain the position than it is to get it in the first place.

Of course, business valuations are constantly changing due to a plethora of reasons, whether they’re actively going through funding rounds, releasing products or any other number of things. Thus, just because a company becomes a unicorn doesn’t, by any stretch of the imagination, mean that they’re going to stay there.

That’s part of what makes unicorns so impressive. Reaching $1 billion is impressive for privately owned companies, and retaining the evaluation is worthy of applause.

With only 1,500-odd unicorns in the world at the moment, which companies have joined the ranks in 2025?

We’ve spoken about the newcomers from January and February, and now we’re going to have a look at the 11 businesses who have broken through to become unicorns during the month of March, 2025.

11 New Unicorns As of March 2025 

The unicorn landscape is ramping up as the year progresses, as an impressive 11 companies from all over the world have earned the title of “unicorn” within the month of March 2025.

Plata: $1.5 Billion

Plata has emerged as a significant player in the fintech sector, offering innovative solutions that streamline digital payments and financial services.

Founded in 2019 by a team of experienced entrepreneurs, Plata’s user-friendly platform has attracted a substantial user base, leading to its impressive valuation.

The company’s success is attributed to its commitment to financial inclusion and leveraging technology to simplify complex financial processes.

Underdog Fantasy: $1.3 Billion

Founded by Jeremy Levine in 2020, Underdog Fantasy has revolutionised the fantasy sports landscape with its engaging and user-centric platform.

The company offers unique game formats like “Best Ball” and “Pick’em,” attracting a diverse audience of sports enthusiasts. Its rapid growth and innovative approach have secured significant investments, propelling it to unicorn status this year.

Assured Insurance Technologies: $1 Billion

Assured Insurance Technologies has disrupted the traditional insurance industry by integrating advanced AI and machine learning into its offerings.

Established in 2017, the company provides personalised insurance solutions, enhancing customer experience and operational efficiency. Its commitment to innovation and customer-centric approach has garnered investor confidence, leading to its $1 billion valuation as of March 2025. 

Insilico Medicine: $1 Billion 

Insilico Medicine, founded in 2014 by Alex Zhavoronkov, is at the forefront of AI-driven drug discovery. The company utilises deep learning and big data analytics to expedite the development of novel therapeutics.

Its groundbreaking work in identifying potential drug candidates has attracted substantial funding, solidifying its position as a new biotech unicorn with a promising future ahead of it.

Endless: $1 Billion

Endless has made significant strides in the e-commerce sector by offering a seamless and personalised shopping experience.

Founded in 2018, the company’s platform leverages AI to curate product recommendations, enhancing customer engagement and satisfaction. Its innovative approach to online retail has led to rapid growth and general success.

The Bot. Co.: $2 Billion

The Bot. Co., established by former Cruise CEO Kyle Vogt, focuses on developing AI-powered household robots.

Despite being in the early stages, the company’s vision of integrating robotics into daily life has captivated investors, resulting in a $2 billion valuation incredibly early on in he company’s life.

Its team of experts from Tesla and Cruise brings a wealth of experience to this ambitious venture. ​

Celestial AI: $2.5 Billion

Celestial AI is pioneering advancements in optical computing, aiming to revolutionise data processing speeds and energy efficiency.

Founded in 2020, the company’s innovative technology has the potential to transform industries reliant on high-performance computing. Its promising developments have attracted significant investment, leading to its impressive valuation.

BuildOps: $1 Billion

BuildOps offers a comprehensive software platform tailored for commercial contractors, streamlining operations from scheduling to invoicing.

Established in 2018, the company’s focus on addressing the specific needs of the construction industry has resonated with clients, driving growth and securing a $1 billion valuation earlier this year.

Fleetio: $1.5 Billion

Fleetio provides a cloud-based fleet management solution, enabling businesses to track, analyse and improve their vehicle operations.

Launched in 2012, the company’s user-friendly platform has attracted a diverse clientele, from small businesses to large enterprises. Its commitment to innovation and customer satisfaction has propelled it to unicorn status.

Peregrine Technologies: $2.5 Billion

Peregrine Technologies specialises in advanced driver-assistance systems (ADAS), enhancing vehicle safety through cutting-edge technology.

The company was founded in 2016, and its solutions have been integrated into various automotive platforms, earning it a reputation for reliability and innovation. Its success in the automotive tech sector is reflected in its $2.5 billion valuation, an impressive figure for such a new unicorn.

Nerdio: $1.2 Billion

Nerdio offers users a platform that simplifies the deployment and management of virtual desktops in Microsoft Azure. Founded in 2016, the company’s solutions cater to managed service providers and enterprises seeking efficient cloud-based IT infrastructure.

Its strategic partnerships and focus on cloud optimisation have driven its growth to a $1.2 billion valuation.​