The Full List of 10 Unicorn Startups in San Mateo (2026)
San Mateo's startup ecosystem includes 10 unicorn companies active in fields from crypto to enterprise software. Digital assets brokerage FalconX leads the group with an $8 billion valuation.
Following FalconX are companies like physical security firm Verkada, valued at $5 billion, and AI drone manufacturer Skydio.
Below is the full list of 10 San Mateo unicorn startups at this time.
Top 10 Most Valuable San Mateo Unicorns
FalconX provides a digital asset prime brokerage for institutional investors to trade, finance, and custody their crypto holdings. They offer a single point of access to the broad cryptocurrency market, providing reliable execution and deep liquidity for large-scale transactions.
| Valuation | $8B (Joined August 2021) |
| Year Founded | 2018 |
| Founders | Prabhakar Reddy, Raghu Yarlagadda |
| Funding Amount | $477M |
| Company Size | Mid-Size Team (51-250) |
| Last Funding Status | Series D |
| Top Investors | Lightspeed Venture Partners, B Capital, Wellington Management, Adams Street Partners, Accel |
Verkada develops a cloud-based physical security platform that integrates video surveillance, access control, and sensors. They provide organizations with an AI-powered system to protect their people and assets across different locations.
| Valuation | $5B (Joined January 2020) |
| Year Founded | 2016 |
| Founders | Benjamin Bercovitz, Filip Kaliszan, Hans Robertson, James Ren |
| Funding Amount | $644.3M |
| Company Size | Major Organization (1,001-5,000) |
| Last Funding Status | Series E |
| Top Investors | Lightspeed Venture Partners, Founder Collective, General Catalyst, Sequoia Capital, Quiet Capital |
SiFive builds high-performance processor cores and custom silicon solutions using the open-source RISC-V instruction set architecture. As pioneers of the technology, they help companies develop specialized chips for everything from wearables to automotive systems.
| Valuation | $3B (Joined March 2022) |
| Year Founded | 2015 |
| Founders | Andrew Waterman, Krste Asanovic, Yunsup Lee |
| Funding Amount | $365.5M |
| Company Size | Large Team (251-1,000) |
| Last Funding Status | Series F |
| Top Investors | Ibex Investors, SK Hynix, Intel Capital, Spark Capital, Coatue |
Skydio builds intelligent drones that use advanced artificial intelligence to fly themselves. Their autonomous aircraft are used by consumers, enterprise clients, and government agencies for tasks ranging from public safety to infrastructure inspection.
| Valuation | $2.2B (Joined February 2021) |
| Year Founded | 2014 |
| Founders | Abraham Bachrach, Adam Bry, Matt Donahoe |
| Funding Amount | $740M |
| Company Size | Large Team (251-1,000) |
| Last Funding Status | Series E |
| Top Investors | Accel, Andreessen Horowitz, Playground Global, IVP, NVIDIA |
Neo4j develops a leading graph database and analytics platform for uncovering hidden relationships within complex data. Their technology powers intelligent applications by revealing deep connections and patterns that traditional databases often miss.
| Valuation | $2B (Joined June 2021) |
| Year Founded | 2007 |
| Founders | Emil Eifrem, Johan Svensson, Peter Neubauer |
| Funding Amount | $805.1M |
| Company Size | Large Team (251-1,000) |
| Last Funding Status | Private Equity |
| Top Investors | Creandum, Inovia Capital, Sorenson Capital, Heartcore Capital, Lightrock |
Prometheus creates carbon-neutral gasoline by capturing CO2 from the atmosphere and converting it with renewable electricity. Their fuels are designed to be a direct replacement for traditional fossil fuels, offering a scalable path to decarbonize transportation.
| Valuation | $2B (Joined September 2021) |
| Year Founded | 2018 |
| Founders | Rob McGinnis |
| Funding Amount | $150k |
| Company Size | Lean Team (11-50) |
| Last Funding Status | Series B |
| Top Investors | BMW i Ventures, Y Combinator, Metaplanet, Social Impact Capital, Expa |
Sendbird provides a suite of developer APIs for building in-app communication features like messaging, voice, and video chat. They are also known for their omnichannel AI platform which automates customer service for businesses.
| Valuation | $1.05B (Joined April 2021) |
| Year Founded | 2013 |
| Founders | Brandon Y Jeon, Forest Lee, Harry Kim, John Kim |
| Funding Amount | $220.7M |
| Company Size | Large Team (251-1,000) |
| Last Funding Status | Venture Round |
| Top Investors | Tiger Global Management, Emergence Capital, Y Combinator, ICONIQ Growth, Techstars |
SnapLogic builds an intelligent integration platform for connecting enterprise applications and data sources. Their platform is recognized for its AI-powered, low-code approach, enabling teams to automate workflows and business processes.
| Valuation | $1B (Joined December 2021) |
| Year Founded | 2006 |
| Founders | Mike Pittaro |
| Funding Amount | $371.3M |
| Company Size | Large Team (251-1,000) |
| Last Funding Status | Series H |
| Top Investors | Sixth Street, Vitruvian Partners, Microsoft, Floodgate, Andreessen Horowitz |
Evidation Health connects individuals to health research through its Achievement app, which rewards users for healthy activities. They provide the resulting real-world data to life sciences companies to power studies and new health programs.
| Valuation | $1B |
| Year Founded | 2012 |
| Founders | Alessio Signorini, Christine Lemke, Luca Foschini, Mikki Nasch |
| Funding Amount | $259M |
| Company Size | Mid-Size Team (51-250) |
| Last Funding Status | Series E |
| Top Investors | S32, SV Health Investors, B Capital, G Squared, Rethink Impact |
Kiteworks offers a unified platform for organizations to manage secure content communications. They help businesses consolidate channels like email, file sharing, and web forms to mitigate risk and ensure regulatory compliance.
| Valuation | $1B (Joined August 2024) |
| Year Founded | 1999 |
| Founders | Nikhil Jhingan, S Mohan |
| Funding Amount | $592M |
| Company Size | Large Team (251-1,000) |
| Last Funding Status | Private Equity |
| Top Investors | Riverwood Capital, Bregal Sagemount, Sixth Street, Insight Partners |
