Houston is home to five unicorn startups, with companies active in sectors from FinTech to aerospace. FinTech software company HighRadius leads the group with a $3.1 billion valuation.
The city also has a strong focus on energy and manufacturing innovation. Clean energy developer Fervo Energy has attracted nearly $1 billion in funding, while carbon-negative manufacturer Solugen is valued at $2 billion.
Below is the full list of 5 Houston unicorn startups at this time.
Top 5 Most Valuable Houston Unicorns
Tool
Fundraising OS
Everything you need to raise funding for your startup, including 3,500+ investors, 7 tools, 18 templates and 3 learning resources.
Buy It For $97 $297 →Sheet
2,189 Accelerators & Incubators
Information about the industries, countries, and cities they generally invest in.
Get the Sheet for $50Sheet
1,600+ Unicorns
Information about their valuation, HQ's location, founded year, name of founders, funding amount and number of employees.
Get the Sheet for $50Sheet
250 BioTech & Health Investors
List of startup investors in the BioTech, Health, and Medicine industries, along with their Twitter, LinkedIn, and email addresses.
Get the Sheet for $50Sheet
250 AI Investors
List of 250 startup investors in the AI and Machine Learning industries, along with their Twitter, LinkedIn, and email addresses.
Get the Sheet for $50Sheet
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 $50HighRadius develops AI-powered software that automates order-to-cash and treasury management. Their SaaS platform is designed for finance teams to improve efficiency and optimize cash flow.
| Valuation | $3.1B (Joined January 2020) |
| Year Founded | 2006 |
| Founders | Sashi Narahari |
| Funding Amount | $475M |
| Company Size | Major Organization (1,001-5,000) |
| Last Funding Status | Series C |
| Top Investors | Susquehanna Growth Equity, Tiger Global Management, PNC, Citi Ventures, ICONIQ Growth |
Axiom Space builds and operates the world's first commercial space station, designed to be the successor to the International Space Station. Their platform provides access to low-Earth orbit for national astronauts, private individuals, and commercial research.
| Valuation | $2B (Joined February 2021) |
| Year Founded | 2016 |
| Founders | Kam Ghaffarian, Michael Suffredini |
| Funding Amount | $500M |
| Company Size | Large Team (251-1,000) |
| Last Funding Status | Venture Round |
| Top Investors | 1789 Capital, Sand Hill Angels, Declaration Partners, Alumni Ventures, Bossa Invest |
Cart.com builds a unified commerce platform to help brands manage their business from customer discovery all the way to final delivery. Their end-to-end software and services cover everything from online storefronts and marketing to fulfillment and data analytics.
| Valuation | $2B (Joined June 2023) |
| Year Founded | 2020 |
| Founders | Ed Sturrock, Jim Jacobsen, Omair Tariq, Remington Tonar |
| Funding Amount | $809.2M |
| Company Size | Major Organization (1,001-5,000) |
| Last Funding Status | Series C |
| Top Investors | Trinity Capital, Gaingels, BlackRock, Oak HC/FT, Titan Capital |
Solugen built a carbon negative molecule factory to produce plant-derived substitutes for petroleum-based products. Their Bioforge platform creates high-performance chemicals for industries ranging from agriculture and energy to concrete.
| Valuation | $2B (Joined September 2021) |
| Year Founded | 2016 |
| Founders | Gaurab Chakrabarti, Sean Hunt |
| Funding Amount | $855.8M |
| Company Size | Mid-Size Team (51-250) |
| Last Funding Status | Series D |
| Top Investors | Valor Equity Partners, BlackRock, Y Combinator, Temasek Holdings, Lowercarbon Capital |
Fervo Energy develops next-generation geothermal projects to deliver 24/7 carbon-free power. They adapt proven technologies like horizontal drilling to make geothermal a more scalable and cost-effective source of clean energy.
| Valuation | $1.4B |
| Year Founded | 2017 |
| Founders | Jack Norbeck, Tim Latimer |
| Funding Amount | $991.6M |
| Company Size | Mid-Size Team (51-250) |
| Last Funding Status | Venture Round |
| Top Investors | Capricorn Investment Group, DCVC, Breakthrough Energy Ventures, Elemental Impact, Mercuria |