San Francisco is home to 211 unicorn startups. The city's startup environment is heavily influenced by companies in the artificial intelligence sector.
AI research company OpenAI leads the group with a $500B valuation. It is followed by other major AI players like Anthropic, which is valued at $183B.
Below is the full list of 211 San Francisco unicorn startups at this time.
Top 10 Most Valuable San Francisco Unicorns
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250 AI Investors
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250 Fintech Investors
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Get the Sheet for $50The team at OpenAI develops some of the world's most advanced AI models, including the popular conversational AI, ChatGPT. Their work in generative AI has pushed the boundaries of machine learning and natural language processing.
| Valuation | $500B (Joined July 2019) |
| Year Founded | 2015 |
| Founders | Andrej Karpathy, Durk Kingma, Elon Musk, Greg Brockman, Ilya Sutskever, John Schulman, Pamela Vagata, Sam Altman, Trevor Blackwell, Vicki Cheung, Wojciech Zaremba |
| Funding Amount | $78B |
| Company Size | Major Organization (1,001-5,000) |
| Last Funding Status | Venture Round |
| Top Investors | TPG, NVIDIA, Andreessen Horowitz, Citi, Sequoia Capital |
Anthropic develops large-scale AI models with a core focus on safety and research. They are best known for their AI assistant, Claude, which is built to be helpful, harmless, and honest.
| Valuation | $183B (Joined February 2023) |
| Year Founded | 2021 |
| Founders | Daniela Amodei, Dario Amodei, Jack Clark, Jared Kaplan, Sam McCandlish, Tom Brown |
| Funding Amount | $33.7B |
| Company Size | Major Organization (1,001-5,000) |
| Last Funding Status | Series F |
| Top Investors | General Catalyst, Menlo Ventures, Insight Partners, General Atlantic, TPG |
Databricks builds a unified data and AI platform on a lakehouse architecture, designed for data engineering, analytics, and machine learning. The team originally created the open-source technologies that power its platform, including Apache Spark, Delta Lake, and MLflow.
| Valuation | $100B (Joined February 2019) |
| Year Founded | 2013 |
| Founders | Ali Ghodsi, Andy Konwinski, Arsalan Tavakoli-Shiraji, Ion Stoica, Matei Zaharia, Patrick Wendell, Reynold Xin |
| Funding Amount | $21.8B |
| Company Size | Enterprise Organization (5,001+) |
| Last Funding Status | Series J |
| Top Investors | NVIDIA, Gaingels, Andreessen Horowitz, Franklin Templeton, Blue Owl |
Ripple builds enterprise crypto solutions that enable fast, low-cost cross-border payments for financial institutions. Their platform also provides tools for digital asset custody and sourcing crypto liquidity for businesses.
| Valuation | $40B (Joined December 2019) |
| Year Founded | 2012 |
| Founders | Arthur Britto, Chris Larsen, Jed McCaleb, Ryan Fugger |
| Funding Amount | $793.8M |
| Company Size | Large Team (251-1,000) |
| Last Funding Status | Venture Round |
| Top Investors | Abstract, Lightspeed Venture Partners, Citadel Securities, Pantera Capital, Andreessen Horowitz |
JUUL launched an electronic nicotine vaporizer that offered an alternative for adult smokers. They became widely known for a discreet, USB-like device and flavored nicotine pods that fueled their rapid growth.
| Valuation | $38B |
| Year Founded | 2015 |
| Founders | Adam Bowen, James Monsees |
| Funding Amount | $16.4B |
| Company Size | Major Organization (1,001-5,000) |
| Last Funding Status | Venture Round |
| Top Investors | Bracket Capital, M13, Fidelity, Poseidon Asset Management, Tiger Global Management |
Cruise builds all-electric, self-driving vehicles to offer a new form of urban transportation. Their driverless ride-hailing service is designed to make getting around cities safer and more accessible.
| Valuation | $30B |
| Year Founded | 2013 |
| Founders | Daniel Kan, Kyle Vogt |
| Funding Amount | $16B |
| Company Size | Major Organization (1,001-5,000) |
| Last Funding Status | Corporate Round |
| Top Investors | General Motors, Y Combinator, SV Angel, Spark Capital, Founder Collective |
Anysphere operates as an applied research lab creating AI tools that automate software engineering tasks. They built Cursor, a code editor designed for pair-programming with AI.
| Valuation | $29.3B (Joined December 2024) |
| Year Founded | 2022 |
| Founders | Aman Sanger, Arvid Lunnemark, Michael Truell, Sualeh Asif |
| Funding Amount | $3.4B |
| Company Size | Mid-Size Team (51-250) |
| Last Funding Status | Series D |
| Top Investors | Thrive Capital, OpenAI Startup Fund, Benchmark, Accel, Andreessen Horowitz |
Scale AI provides a data-centric platform to help companies build and deploy AI applications. They are known for supplying the high-quality, human-annotated data required to train sophisticated models for computer vision and generative AI.
| Valuation | $29B |
| Year Founded | 2016 |
| Founders | Alexandr Wang, Lucy Guo |
| Funding Amount | $15.9B |
| Company Size | Large Team (251-1,000) |
| Last Funding Status | Corporate Round |
| Top Investors | Index Ventures, Founders Fund, Accel, NVIDIA, Wellington Management |
Perplexity created a conversational AI answer engine that provides direct, accurate responses to user questions. Their platform synthesizes real-time information from the web and provides citations for every answer, functioning as an alternative to traditional search engines.
| Valuation | $20B (Joined April 2024) |
| Year Founded | 2022 |
| Founders | Andy Konwinski, Aravind Srinivas, Denis Yarats, Johnny Ho |
| Funding Amount | $1.5B |
| Company Size | Mid-Size Team (51-250) |
| Last Funding Status | Venture Round |
| Top Investors | NVIDIA, Bessemer Venture Partners, Accel, IVP, New Enterprise Associates |
Miro provides a visual collaboration platform that functions as a digital whiteboard for teams. They are best known for an infinite canvas that allows remote and hybrid teams to brainstorm ideas, map out user journeys, and run interactive workshops.
| Valuation | $18B (Joined January 2022) |
| Year Founded | 2011 |
| Founders | Andrey Khusid, Oleg Shardin |
| Funding Amount | $476.3M |
| Company Size | Major Organization (1,001-5,000) |
| Last Funding Status | Series C |
| Top Investors | Atlassian, Salesforce Ventures, Accel, ICONIQ Growth, TCV |
The Remaining 201 Unicorns Founded in San Francisco
The ten most valuable companies are an impressive group, but they're only a small part of the city's startup story. Many other founders are building in fields like AI and fintech, raising tens of billions of dollars to fund their growth. Some are early in their journey while others are scaling fast, and all are part of what makes the Bay Area's scene so strong. Here’s a look at the rest of the unicorns shaping San Francisco today.