The year 2020 produced 66 new unicorn startups across a range of industries. Prediction market platform Polymarket leads the group with a $9B valuation.
This cohort features a mix of sectors, from enterprise security to healthcare. For example, enterprise browser Island reached a $5B valuation, while social audio app Clubhouse is valued at $4B.
Below is the full list of 66 unicorn startups that started their journey in 2020.
Top 10 Most Valuable Unicorns Founded in 2020
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2,189 Accelerators & Incubators
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1,600+ Unicorns
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250 BioTech & Health Investors
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250 AI Investors
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250 Fintech Investors
List of 250 startup investors in the FinTech and Finance industries, along with their Twitter, LinkedIn, and email addresses.
Get the Sheet for $50Polymarket operates an information markets platform where users trade on the outcomes of highly-debated global events. Traders use cryptocurrency to buy and sell shares in potential outcomes, speculating on everything from political elections to celebrity news.
| Valuation | $9B (Joined October 2025) |
| Headquarters | New York, New York, United States |
| Year Founded | 2020 |
| Founders | Shayne Coplan |
| Funding Amount | $2.3B |
| Company Size | Lean Team (11-50) |
| Last Funding Status | Corporate Round |
| Top Investors | Ribbit Capital, General Catalyst, Coinbase, Abstract, Founders Fund |
Island develops an enterprise browser that provides organizations with deep security inspection and control over their data. Their product integrates essential tools directly into a familiar browser experience, enhancing both security and productivity for employees.
| Valuation | $5B (Joined March 2022) |
| Headquarters | Dallas, Texas, United States |
| Year Founded | 2020 |
| Founders | Dan Amiga, Michael Fey |
| Funding Amount | $810M |
| Company Size | Large Team (251-1,000) |
| Last Funding Status | Series E |
| Top Investors | Coatue, Insight Partners, Georgian, Canapi Ventures, Sequoia Capital |
Supabase builds an open source backend platform, giving developers a full suite of tools centered on a PostgreSQL database. Their platform has become a popular alternative to Firebase for building modern applications.
| Valuation | $5B (Joined April 2025) |
| Headquarters | San Francisco, California, United States |
| Year Founded | 2020 |
| Founders | Anthony Wilson, Paul Copplestone |
| Funding Amount | $496.1M |
| Company Size | Mid-Size Team (51-250) |
| Last Funding Status | Series E |
| Top Investors | Lightspeed Venture Partners, Y Combinator, Accel, Peak XV Partners, Craft Ventures |
Cerebral operates a telemedicine platform for mental health, offering services that include therapy and medication management. Their online service is designed to provide convenient and ongoing support for a wide range of mental health conditions.
| Valuation | $5B (Joined June 2021) |
| Headquarters | San Francisco, California, United States |
| Year Founded | 2020 |
| Founders | Ho Anh, Sami El Allaoui |
| Funding Amount | $487M |
| Company Size | Major Organization (1,001-5,000) |
| Last Funding Status | Undisclosed |
| Top Investors | Liquid 2 Ventures, Oak HC/FT, Artis Ventures, Prysm Capital, Gaingels |
Didi Woya develops the technology powering self-driving vehicles for ride-sharing services. They are focused on creating the complete hardware and software systems needed for autonomous mobility.
| Valuation | $5B |
| Headquarters | Beijing, Beijing, China |
| Year Founded | 2020 |
| Founders | — |
| Funding Amount | $1.5B |
| Company Size | Enterprise Organization (5,001+) |
| Last Funding Status | Series D |
| Top Investors | Zhongguancun Science City Science, Valeo, SoftBank Vision Fund, Beijing Artificial Intelligence Industry Investment Fund, IDG Capital |
Zhiji Auto builds high-end smart electric vehicles, such as the flagship L7 sedan. These cars feature advanced AI-powered driving assistance and sophisticated smart cockpit technology.
| Valuation | $4B |
| Headquarters | Shanghai, Shanghai, China |
| Year Founded | 2020 |
| Founders | — |
| Funding Amount | CN¥12.4B |
| Company Size | Large Team (251-1,000) |
| Last Funding Status | Series B |
| Top Investors | CITIC Securities, Contemporary Amperex Technology, SAIC Capital, Momenta, China Pacific Insurance |
Yunwang Wandian has built a platform dedicated to eCommerce and online retail services. They equip businesses with the tools needed to establish and scale their digital sales operations.
| Valuation | $4B |
| Headquarters | Shenzhen, Guangdong, China |
| Year Founded | 2020 |
| Founders | — |
| Funding Amount | CN¥6B |
| Company Size | No Data |
| Last Funding Status | Series A |
| Top Investors | Central China International Asset Management, VStar Capital, Softfir Capital, SenseRobot Management, Shenzhen Capital Group |
Clubhouse built a social network based entirely on voice, allowing users to join spontaneous audio chats on various topics. They are credited with popularizing the drop-in audio format and sparking a new category of real-time social interaction.
| Valuation | $4B (Joined January 2021) |
| Headquarters | San Francisco, California, United States |
| Year Founded | 2020 |
| Founders | Paul Davison, Rohan Seth |
| Funding Amount | $110M |
| Company Size | Lean Team (11-50) |
| Last Funding Status | Series C |
| Top Investors | Andreessen Horowitz, Worklife, DST Global, Tiger Global Management, TQ Ventures |
Celestial AI develops an optical interconnect technology platform to handle the massive data demands of AI and data center computing. Their Photonic Fabric system uses light for data transfer, unlocking new levels of performance for compute and memory-heavy applications.
| Valuation | $3B (Joined March 2024) |
| Headquarters | Santa Clara, California, United States |
| Year Founded | 2020 |
| Founders | David Lazovsky, Michelle Tomasko, Preet Virk |
| Funding Amount | $593.9M |
| Company Size | Mid-Size Team (51-250) |
| Last Funding Status | Series C |
| Top Investors | Temasek Holdings, Engine Ventures, Tiger Global Management, US Innovative Technology Fund, BlackRock |
Didi Freight operates an on-demand platform for moving goods and cargo within a city. Their service applies the ride-hailing model to local logistics, connecting shippers with a network of available drivers.
| Valuation | $3B |
| Headquarters | Beijing, Beijing, China |
| Year Founded | 2020 |
| Founders | Will Wei Cheng |
| Funding Amount | $1.5B |
| Company Size | Enterprise Organization (5,001+) |
| Last Funding Status | Series A |
| Top Investors | VMS Asset Management, Didi, Hidden Hill Capital, IDG Capital, Temasek Holdings |
The Remaining 56 Unicorns Founded in 2020
The ten most valuable companies are only part of the 2020 story. Many of the other unicorns are focused on artificial intelligence, with fintech and crypto also being common industries.
These companies are all at different points in their journey, but each is making an impact in its own way. Here is a complete look at the other startups that joined the unicorn club founded in 2020.