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The Full List of 35 Unicorn Startups in Palo Alto (2026)

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Palo Alto is home to 35 unicorn startups, with a strong focus on artificial intelligence and deep tech. The city continues to be a major center for high value technology companies.

The local scene includes Safe Superintelligence, which reached a $32B valuation in its founding year. Other major players like Glean and PsiQuantum are each valued at $7B.

Below is the full list of 35 Palo Alto unicorn startups at this time.

Top 10 Most Valuable Palo Alto Unicorns

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Safe Superintelligence was founded with the singular mission of building artificial intelligence that is inherently safe. Their team approaches this by treating safety not as an afterthought, but as the central technical problem to be solved.

Valuation$32B (Joined September 2024)
Year Founded2024
FoundersDaniel Gross, Daniel Levy, Ilya Sutskever
Funding Amount$3B
Company SizeLean Team (11-50)
Last Funding StatusVenture Round
Top InvestorsSV Angel, Lightspeed Venture Partners, Andreessen Horowitz, NVIDIA, Sequoia Capital

Glean builds a generative AI work assistant that searches across all of a company's applications. This unified search helps employees instantly find information and discover knowledge from across the entire organization.

Valuation$7B (Joined May 2022)
Year Founded2019
FoundersArvind Jain, Piyush Prahladka, Prafful Goel, Sharvanath Pathak, Tony Gentilcore, TR Vishwanath
Funding Amount$768.2M
Company SizeLarge Team (251-1,000)
Last Funding StatusSeries F
Top InvestorsSequoia Capital, General Catalyst, Khosla Ventures, Citi, Wellington Management

PsiQuantum is building a fault-tolerant quantum computer using a silicon photonics platform. This approach uses light particles as qubits and is designed to scale using conventional semiconductor manufacturing.

Valuation$7B (Joined July 2021)
Year Founded2016
FoundersJeremy O'Brien, Mark Thompson, Peter Shadbolt, Terry Rudolph
Funding Amount$2.3B
Company SizeLarge Team (251-1,000)
Last Funding StatusSeries E
Top InvestorsBlackbird Ventures, Temasek Holdings, BlackRock, Founders Fund, Playground Global

ClickHouse builds an open-source, column-oriented database for real-time analytical reporting. Their system is recognized for its high performance, allowing users to run complex SQL queries on massive datasets with extremely low latency.

Valuation$6B (Joined October 2021)
Year Founded2021
FoundersAaron Katz, Alexey Milovidov, Yury Izrailevsky
Funding Amount$750M
Company SizeLarge Team (251-1,000)
Last Funding StatusSeries C
Top InvestorsInsight Partners, Bond, Bessemer Venture Partners, Peak XV Partners, Khosla Ventures

SandboxAQ develops enterprise software that combines AI and quantum technology to solve complex computational problems. Their solutions are applied across industries like cybersecurity, biopharma, and materials science to enhance security and accelerate research.

Valuation$6B (Joined December 2024)
Year Founded2016
FoundersJack Hidary
Funding Amount$975M
Company SizeMid-Size Team (51-250)
Last Funding StatusSeries E
Top InvestorsUS Innovative Technology Fund, BNP Paribas, Paladin Capital Group, NVIDIA, S32

Binance.US offers a digital asset marketplace for buying, selling, and trading a wide range of cryptocurrencies. The platform provides a secure and compliant exchange built specifically for customers in the United States.

Valuation$5B
Year Founded2019
FoundersChangpeng Zhao
Funding Amount$200M
Company SizeLarge Team (251-1,000)
Last Funding StatusSeed
Top InvestorsVanEck, Foundation Capital, Gold House, Bossa Invest, Gaingels

SambaNova develops an integrated hardware and software platform for enterprise-level artificial intelligence. Their full-stack system is designed to run complex AI models across the entire lifecycle, from training to inference.

Valuation$5B
Year Founded2017
FoundersChristopher Ré, Kunle Olukotun, Rodrigo Liang
Funding Amount$1.1B
Company SizeLarge Team (251-1,000)
Last Funding StatusSeries D
Top InvestorsTemasek Holdings, Celesta Capital, Atlantic Bridge, Walden International, BlackRock

Hippocratic AI is building a generative AI for healthcare that prioritizes patient safety. The technology is designed to take on non-diagnostic tasks, helping to reduce costs and improve health equity.

Valuation$4B (Joined March 2021)
Year Founded2023
FoundersAlex Miller, Debajyoti Datta, Kim Parikh, Meenesh Bhimani, Munjal Shah, Saad Godil, Subhabrata Mukherjee, Vishal Parikh
Funding Amount$402M
Company SizeMid-Size Team (51-250)
Last Funding StatusSeries C
Top InvestorsGeneral Catalyst, Andreessen Horowitz, NVIDIA, SV Angel, Kleiner Perkins

Inflection AI built Pi, a personal AI created to be empathetic and supportive. The AI studio is now pivoting to an API-first strategy to make its powerful language models widely available to developers.

Valuation$4B (Joined May 2022)
Year Founded2022
FoundersIan McCarthy, Karen Simonyan, Mustafa Suleyman, Reid Hoffman, Sean White, Ted Shelton, Vibhu Mittal
Funding Amount$1.5B
Company SizeMid-Size Team (51-250)
Last Funding StatusVenture Round
Top InvestorsBill Gates, Eric Schmidt, Microsoft, Reid Hoffman, NVIDIA

Aptos Labs is the team behind a Layer 1 blockchain designed for safe, scalable, and upgradeable Web3 infrastructure. They provide the foundation for developers to build decentralized applications and ecosystems for mainstream adoption.

Valuation$4B (Joined March 2022)
Year Founded2021
FoundersAvery Ching, Mo Shaikh
Funding Amount$350M
Company SizeMid-Size Team (51-250)
Last Funding StatusVenture Round
Top InvestorsAndreessen Horowitz, Haun Ventures, Apollo, Franklin Templeton, YZi Labs

The Remaining 25 Unicorns Founded in Palo Alto

The top ten companies are just part of the story in Palo Alto. Dozens of other startups are tackling big problems in fields like AI and healthcare, raising over $7.5 billion to fund their work.

Some are early in their journey while others are already well known. Here’s a look at the rest of the unicorn startups shaping the city.

Unicorn StartupMain IndustryYear FoundedAmount RaisedValuation
Houzz logo HouzzDesign2009$613.6M$4B
Branch logo BranchMarketing2014$667.1M$4B
Uniphore logo UniphoreAI2008$880.9M$3B
Plume Design logo Plume DesignHardware2015$722.4M$3B
Turing logo TuringAI2018$270.2M$2.2B
Medable logo MedableHealthcare2015$506.6M$2.1B
BitGo logo BitGoCrypto2013$171.5M$2B
You.com logo You.comAI2020$195M$2B
Modular logo ModularAI2022$380M$2B
Mysten Labs logo Mysten LabsCrypto2021$336M$2B
Kriya Therapeutics logo Kriya TherapeuticsBiotech2019$921.3M$2B
Boba Network logo Boba NetworkCrypto2018$115M$2B
Docker logo DockerInfrastructure2011$435.9M$2B
Cresta logo CrestaAI2017$276M$2B
Mashgin logo MashginMedia2014$73.7M$2B
Salt Security logo Salt SecurityAI2015$271M$1.4B
Genspark logo Genspark AIAI2022$435M$1.25B
DevRev logo DevRevAI2020$150.8M$1.15B
Also logo AlsoMobility2025$305M$1B
Cyberhaven logo CyberhavenAI2014$236.5M$1B
Typeface logo TypefaceAI2022$165M$1B
Owner logo OwnerSaaS2018$182.2M$1B
CommerceIQ logo CommerceIQAnalytics2012$195.5M$1B
Wealthfront logo WealthfrontFintech2008$274.2M$1B
Assured Insurance Technologies logo Assured Insurance TechnologiesFintech2019$1B

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