Massachusetts is home to 47 unicorn startups, with a strong presence in healthcare and technology. The healthcare company Devoted Health leads the group with a valuation of $13 billion.
Other major companies include the consumer goods company Thrasio, which has raised $3.4 billion in funding. Explore the full list of companies that define the state's startup environment.
Below is the full list of 47 Massachusetts unicorn startups at this time.
Top 10 Most Valuable Massachusetts Unicorns
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2,189 Accelerators & Incubators
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1,600+ Unicorns
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250 BioTech & Health Investors
List of startup investors in the BioTech, Health, and Medicine industries, along with their Twitter, LinkedIn, and email addresses.
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250 AI Investors
List of 250 startup investors in the AI and Machine Learning industries, along with their Twitter, LinkedIn, and email addresses.
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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 $50Devoted Health offers all-in-one healthcare plans for American seniors, centered around a dedicated support team. Their model combines a tech-forward Medicare Advantage plan with personalized guides to help members navigate the healthcare system.
| Valuation | $13B (Joined October 2018) |
| Year Founded | 2017 |
| Founders | Edward Park, Todd Park |
| Funding Amount | $2.3B |
| Company Size | Major Organization (1,001-5,000) |
| Last Funding Status | Series E |
| Top Investors | Venrock, Oak HC/FT, Andreessen Horowitz, Maverick Ventures, General Catalyst |
Thrasio builds a portfolio of consumer goods by acquiring and growing successful third-party brands, particularly on the Amazon marketplace. They pioneered the e-commerce aggregator model, helping small brands reach a global scale under their operational expertise.
| Valuation | $10B |
| Year Founded | 2018 |
| Founders | Carlos Cashman, Ernesto Reza, Joshua Silberstein |
| Funding Amount | $3.4B |
| Company Size | Major Organization (1,001-5,000) |
| Last Funding Status | Venture Round |
| Top Investors | BlackRock, Advent International, Monroe Capital, UBS, JP Morgan Chase |
Snyk builds a security platform that helps developers find and automatically fix vulnerabilities in their code, open source dependencies, and cloud infrastructure. They're known for a developer-first approach that embeds security into existing workflows, allowing teams to build secure applications without slowing down.
| Valuation | $7.4B (Joined January 2020) |
| Year Founded | 2015 |
| Founders | Assaf Hefetz, Danny Grander, Guy Podjarny |
| Funding Amount | $1.2B |
| Company Size | Major Organization (1,001-5,000) |
| Last Funding Status | Corporate Round |
| Top Investors | Franklin Templeton, Coatue, BlackRock, Temasek Holdings, Accel |
DataRobot provides an enterprise AI platform designed to help organizations build, deploy, and manage machine learning models at scale. Their platform combines automated machine learning with a focus on delivering measurable business value and ROI.
| Valuation | $6.3B (Joined July 2019) |
| Year Founded | 2012 |
| Founders | Jeremy Achin, Thomas DeGodoy |
| Funding Amount | $1.1B |
| Company Size | Large Team (251-1,000) |
| Last Funding Status | Series G |
| Top Investors | Techstars, B Capital, Franklin Templeton, BlackRock, Sapphire Ventures |
OpenEvidence created an AI engine for medicine that synthesizes vast amounts of medical research for clinicians. Their platform provides evidence-based answers to complex clinical questions and allows users to explore all underlying sources for their research.
| Valuation | $6B (Joined February 2025) |
| Year Founded | 2021 |
| Founders | Daniel Nadler, Zachary Ziegler |
| Funding Amount | $517M |
| Company Size | Lean Team (11-50) |
| Last Funding Status | Series C |
| Top Investors | Coatue, Bond, Thrive Capital, Sequoia Capital, Kleiner Perkins |
Reify Health builds cloud-based software to accelerate and modernize the clinical trial process. Their main platform, StudyTeam, helps biopharma companies and research sites collaborate to streamline patient enrollment.
| Valuation | $5B (Joined August 2021) |
| Year Founded | 2012 |
| Founders | Henry Li, Joseph Abrahamson, Michael Lin, Pramod Verma, Ralph Passarella |
| Funding Amount | $479.6M |
| Company Size | Large Team (251-1,000) |
| Last Funding Status | Series D |
| Top Investors | ICONIQ Growth, Adams Street Partners, Sierra Ventures, Coatue, Battery Ventures |
OutSystems builds an AI-powered, low-code platform for creating and managing enterprise-grade applications. They're known for tools that help development teams build and deploy complex software much faster.
| Valuation | $4.3B (Joined June 2018) |
| Year Founded | 2001 |
| Founders | Paulo Rosado, Rodrigo Coutinho, Rui Pereira |
| Funding Amount | $802.1M |
| Company Size | Major Organization (1,001-5,000) |
| Last Funding Status | Series G |
| Top Investors | Tiger Global Management, General Atlantic, Goldman Sachs Growth Equity, Goldman Sachs, Kohlberg Kravis Roberts |
WHOOP provides a membership for its advanced wearable technology that tracks key physiological data around the clock. Their platform analyzes sleep, strain, and recovery to deliver personalized analytics and coaching for optimizing human performance.
| Valuation | $4B (Joined October 2020) |
| Year Founded | 2012 |
| Founders | Aurelian Nicolae, John Capodilupo, Will Ahmed |
| Funding Amount | $404.8M |
| Company Size | Large Team (251-1,000) |
| Last Funding Status | Series F |
| Top Investors | Two Sigma Ventures, Founder Collective, IVP, Foundry Group, NextView Ventures |
G-P provides a global employment platform that lets companies hire talent in new international markets without setting up local entities. Their platform manages the complexities of cross-border payroll, benefits, and legal compliance, enabling businesses to build teams anywhere.
| Valuation | $4B |
| Year Founded | 2012 |
| Founders | Nicole Sahin |
| Funding Amount | $350M |
| Company Size | Major Organization (1,001-5,000) |
| Last Funding Status | Private Equity |
| Top Investors | Sands Capital Ventures, Vista Credit Partners, TDR Capital, Wincove |
Starburst builds a data lakehouse platform that gives teams a single point of access to all their data, no matter where it lives. Their platform uses the open-source Trino query engine to help companies analyze information across cloud, on-prem, and hybrid systems without moving it.
| Valuation | $3.35B (Joined January 2021) |
| Year Founded | 2017 |
| Founders | Anu Sudarsan, Kamil Bajda-Pawlikowski, Matt Fuller, Wojciech Biela |
| Funding Amount | $414M |
| Company Size | Large Team (251-1,000) |
| Last Funding Status | Venture Round |
| Top Investors | Index Ventures, Coatue, B Capital, Andreessen Horowitz, Citi |
The Remaining 37 Unicorns Founded in Massachusetts
While the top ten get a lot of attention, they're just one piece of the puzzle. Dozens of other companies are building momentum across the state.
These companies have raised more than $21 billion combined, and many are tackling big problems in AI and energy. Here’s a look at the rest of the unicorns shaping the state.