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The Full List of 19 Pharmaceutical Unicorn Startups (2026)

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The pharmaceutical sector includes 19 unicorn companies transforming healthcare. Among them, healthtech platform Judi Health has reached a valuation of $3.25 billion.

Biomanufacturing firm Resilience has secured $3.4 billion in funding to support its operations.

Below is the full list of 19 Pharmaceutical unicorn startups at this time.

Top 10 Most Valuable Pharmaceutical Unicorns

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Judi Health provides a pharmacy benefit management (PBM) platform designed to navigate the complexities of prescription drug pricing. Their full-service solution uses a modern technology stack to help employers, unions, and government groups reduce costs and improve member care.

Valuation$3.25B (Joined March 2024)
HeadquartersNew York, New York, United States
Year Founded2017
FoundersAJ Loiacono, Joseph Alexander, Ryan Kelly
Funding Amount$736M
Company SizeLarge Team (251-1,000)
Last Funding StatusSeries F
Top InvestorsGeneral Catalyst, Edison Partners, Goldman Sachs, Wellington Management, B Capital

Insitro is developing a new approach to drug discovery by combining machine learning with the creation of vast biological datasets. Their platform generates predictive models from this data to identify new therapeutic targets and design more effective drugs.

Valuation$2.44B (Joined March 2021)
HeadquartersSouth San Francisco, California, United States
Year Founded2018
FoundersDaphne Koller
Funding Amount$643M
Company SizeLarge Team (251-1,000)
Last Funding StatusSeries C
Top InvestorsVerily, Temasek Holdings, ARCH Venture Partners, BlackRock, Andreessen Horowitz

Medable created a platform that powers decentralized clinical trials and predictive medicine. It relies on patient-generated data to help researchers accelerate the process of bringing new treatments to people who need them.

Valuation$2.1B (Joined October 2021)
HeadquartersPalo Alto, California, United States
Year Founded2015
FoundersFernando Waigandt, James Sas, Michelle Longmire, Perry Robinson, Tim Smith
Funding Amount$506.6M
Company SizeLarge Team (251-1,000)
Last Funding StatusSeries D
Top InvestorsObvious Ventures, Sapphire Ventures, Streamlined Ventures, HealthX Ventures, GSR Ventures

ConcertAI builds AI-powered SaaS and data solutions for advancing oncology research. Their platform analyzes real-world evidence to help researchers and pharmaceutical companies accelerate clinical trials and bring new cancer therapies to patients.

Valuation$2B (Joined March 2022)
HeadquartersCambridge, Massachusetts, United States
Year Founded2018
FoundersJeff Elton
Funding Amount$300M
Company SizeMajor Organization (1,001-5,000)
Last Funding StatusSeries C
Top InvestorsMaverick Ventures, Declaration Partners, AllianceBernstein, SymphonyAI, Sixth Street

Blink Health created a healthcare platform to make prescription drugs more affordable and accessible for everyone. They offer transparent pricing and home delivery, connecting patients directly with lower costs on their medications.

Valuation$2B
HeadquartersNew York, New York, United States
Year Founded2014
FoundersGeoffrey Chaiken, Matthew Chaiken
Funding Amount$315M
Company SizeLarge Team (251-1,000)
Last Funding StatusSeries D
Top Investors1789 Capital, Sweetwater Capital Partners, SuRo Capital, BoxGroup, 8VC

Orna Therapeutics is building a new class of medicine based on its fully engineered circular RNA (oRNA) platform. These novel therapeutics are designed to treat a broad range of illnesses, including cancer and genetic diseases.

Valuation$2B (Joined August 2022)
HeadquartersCambridge, Massachusetts, United States
Year Founded2019
FoundersAlex Wesselhoeft, Daniel Anderson, Raffaella Squilloni
Funding Amount$321M
Company SizeMid-Size Team (51-250)
Last Funding StatusSeries B
Top InvestorsTaiho Ventures, MPM Capital, Bristol-Myers Squibb, Kite Pharma, Merck

L&P Cosmetic develops science-backed skincare products under its globally recognized brand, Mediheal. They are best known for their popular line of affordable sheet masks, which are developed in collaboration with dermatologists and skincare experts.

Valuation$1.19B (Joined January 2016)
HeadquartersSeoul, Seoul-t'ukpyolsi, South Korea
Year Founded2009
FoundersKwon Oh-sub
Funding Amount₩40B
Company SizeLean Team (11-50)
Last Funding StatusVenture Round
Top InvestorsCredit Suisse, CDIB Capital

Insilico Medicine created Pharma.AI, an end-to-end generative AI platform for discovering and developing new drugs. They use the platform to build their own pipeline of therapeutics, becoming one of the first to move an AI-discovered drug into human clinical trials.

Valuation$1B
HeadquartersCambridge, Massachusetts, United States
Year Founded2014
FoundersAlex Zhavoronkov
Funding Amount$624.3M
Company SizeLarge Team (251-1,000)
Last Funding StatusSeries E
Top InvestorsB Capital, Qiming Venture Partners, HSG, OrbiMed, Eli Lilly

Resilience partners with biopharmaceutical companies to manufacture complex medicines, including cell and gene therapies. Their network of manufacturing sites is designed to strengthen supply chains and broaden access to novel treatments.

Valuation$1B
HeadquartersLa Jolla, California, United States
Year Founded2020
FoundersDrew Oetting, Rahul Singhvi
Funding Amount$3.4B
Company SizeLarge Team (251-1,000)
Last Funding StatusPrivate Equity
Top InvestorsNew Enterprise Associates, U.S. International Development Finance Corp, 8VC, Lux Capital, ARCH Venture Partners

Enveda Biosciences develops novel medications by exploring the chemistry of the natural world. Their drug discovery platform uses machine learning to identify new therapeutic compounds from plants.

Valuation$1B
HeadquartersBoulder, Colorado, United States
Year Founded2019
FoundersViswa Colluru
Funding Amount$529.9M
Company SizeMid-Size Team (51-250)
Last Funding StatusSeries D
Top InvestorsFPV Ventures, Sanofi, Lux Capital, Catalio Capital Management, Village Global

The Remaining 9 Pharmaceutical Unicorns

The ten most valuable companies are just part of a much larger picture. Together, the remaining unicorns have raised over $3 billion, with founders building these businesses everywhere from the United States to China and India.

Some are just getting started, while others have been around for over a decade. Here’s a look at the other pharmaceutical startups that have reached the billion dollar mark.

Unicorn StartupCountryYear FoundedAmount RaisedValuation
Orca Bio logo Orca BioUnited States2016$192M$1B
Capsule logo CapsuleUnited States2016$570M$1B
Ultragreen.ai logo Ultragreen.aiSingapore2024$188M$1B
Owkin logo OwkinUnited States2016$304.1M$1B
IntraBio logo IntraBioUnited States2015$50.6M$1B
Formation Bio logo Formation BioUnited States2013$528M$1B
Haihe Biopharma logo Haihe BiopharmaChina2011$317.6M$1B
DXY logo DXYChina2000$682M$1B
1mg logo 1mgIndia2015$230.8M$1B

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