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Download The List of the 100 Highest-Valued Unicorns

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The Full List of 66 Unicorn Startups Founded in 2020

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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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Polymarket 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)
HeadquartersNew York, New York, United States
Year Founded2020
FoundersShayne Coplan
Funding Amount$2.3B
Company SizeLean Team (11-50)
Last Funding StatusCorporate Round
Top InvestorsRibbit 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)
HeadquartersDallas, Texas, United States
Year Founded2020
FoundersDan Amiga, Michael Fey
Funding Amount$810M
Company SizeLarge Team (251-1,000)
Last Funding StatusSeries E
Top InvestorsCoatue, 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)
HeadquartersSan Francisco, California, United States
Year Founded2020
FoundersAnthony Wilson, Paul Copplestone
Funding Amount$496.1M
Company SizeMid-Size Team (51-250)
Last Funding StatusSeries E
Top InvestorsLightspeed 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)
HeadquartersSan Francisco, California, United States
Year Founded2020
FoundersHo Anh, Sami El Allaoui
Funding Amount$487M
Company SizeMajor Organization (1,001-5,000)
Last Funding StatusUndisclosed
Top InvestorsLiquid 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
HeadquartersBeijing, Beijing, China
Year Founded2020
Founders
Funding Amount$1.5B
Company SizeEnterprise Organization (5,001+)
Last Funding StatusSeries D
Top InvestorsZhongguancun 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
HeadquartersShanghai, Shanghai, China
Year Founded2020
Founders
Funding AmountCN¥12.4B
Company SizeLarge Team (251-1,000)
Last Funding StatusSeries B
Top InvestorsCITIC 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
HeadquartersShenzhen, Guangdong, China
Year Founded2020
Founders
Funding AmountCN¥6B
Company SizeNo Data
Last Funding StatusSeries A
Top InvestorsCentral 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)
HeadquartersSan Francisco, California, United States
Year Founded2020
FoundersPaul Davison, Rohan Seth
Funding Amount$110M
Company SizeLean Team (11-50)
Last Funding StatusSeries C
Top InvestorsAndreessen 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)
HeadquartersSanta Clara, California, United States
Year Founded2020
FoundersDavid Lazovsky, Michelle Tomasko, Preet Virk
Funding Amount$593.9M
Company SizeMid-Size Team (51-250)
Last Funding StatusSeries C
Top InvestorsTemasek 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
HeadquartersBeijing, Beijing, China
Year Founded2020
FoundersWill Wei Cheng
Funding Amount$1.5B
Company SizeEnterprise Organization (5,001+)
Last Funding StatusSeries A
Top InvestorsVMS 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.

Unicorn StartupMain IndustryYear FoundedAmount RaisedValuation
Zip logo ZipEnterprise2020$371.3M$2.2B
Transcarent logo TranscarentHealthcare2020$905M$2.2B
Pennylane logo PennylaneFintech2020€213.5M$2.16B
bolttech logo bolttechFintech2020$690.2M$2.1B
Gamma logo GammaAI2020$90M$2.1B
Writer logo WriterMedia2020$326M$2B
ShopMy logo ShopMyMarketing2020$175M$2B
You.com logo You.comAI2020$195M$2B
Airbyte logo AirbyteAnalytics2020$181.2M$2B
Drata logo DrataEnterprise2020$328.2M$2B
Pacaso logo PacasoMarketplace2020$1.7B$2B
Pathos logo PathosAI2020$447M$2B
Razor Group logo Razor GroupMarketing2020$1.1B$2B
Toss Bank logo Toss BankFintech2020$949.3M$2B
1inch logo 1inchCrypto2020$189.8M$2B
Cart.com logo Cart.comAnalytics2020$809.2M$2B
Kylinsoft logo KylinsoftInfrastructure2020CN¥3B$2B
Farfetch China logo Farfetch ChinaRetail2020$500M$2B
Rebellions logo RebellionsAI2020$457.7M$1.4B
Jaguar Microsystems logo Jaguar MicrosystemsCloud2020$1.34B
Nothing logo NothingRetail2020$446.1M$1.3B
Merama logo MeramaRetail2020$743.5M$1.2B
Oyster logo OysterEducation2020$288.2M$1.2B
Our Next Energy logo Our Next EnergyHardware2020$390M$1.2B
DevRev logo DevRevAI2020$150.8M$1.15B
Beyond Identity logo Beyond IdentitySecurity2020$205M$1.1B
Ambience Healthcare logo Ambience HealthcareAI2020$319.3M$1B
Underdog Fantasy logo Underdog FantasyGaming2020$115M$1B
Eve logo EveAI2020$164M$1B
PostHog logo PostHogAnalytics2020$182.2M$1B
Resilience logo ResilienceBiotech2020$3.4B$1B
Clara logo ClaraFintech2020$492M$1B
Stegra logo StegraEnergy2020$10.9B$1B
Cosm logo CosmMedia2020$250M$1B
Thyme Care logo Thyme CareHealthcare2020$274M$1B
Kapital logo KapitalFintech2020$471.1M$1B
Moore Threads logo Moore ThreadsAI2020CN¥3.5B$1B
Tamara logo TamaraAI2020$2.4B$1B
Farcaster logo FarcasterCrypto2020$180M$1B
Axelar Network logo Axelar NetworkCrypto2020$93.8M$1B
JSW One logo JSW OneManufacturing2020₹7.8B$1B
Huasun Energy logo Huasun EnergyHardware2020CN¥4.4B$1B
Flashbots logo FlashbotsCrypto2020$60M$1B
Cadence Solutions logo Cadence SolutionsHealthcare2020$141M$1B
Zama logo ZamaCrypto2020$139.3M$1B
Truveta logo TruvetaAnalytics2020$515M$1B
Verkor logo VerkorHardware2020$3.8B$1B
Playco logo PlaycoGaming2020$143.5M$1B
Cider logo CiderRetail2020$140M$1B
Avenue One logo Avenue OneFintech2020$100M$1B
Multichain logo MultichainCrypto2020$60M$1B
Electric Hydrogen logo Electric HydrogenEnergy2020$798.3M$1B
Juwan Technology logo Juwan TechnologyHardware2020CN¥1.1B$1B
Haydon logo HaydonFashion2020$100M$1B
SellerX logo SellerXMarketing2020$829.9M$1B
Qiyuan Core Power Technology logo Qiyuan Core Power TechnologyEnergy2020CN¥2.5B$1B

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