Sunnyvale's startup scene is defined by 8 unicorn companies, primarily in the enterprise software and AI sectors.

Leading the group is AI computing firm Cerebras Systems, which has reached an $8B valuation. The list also features newer companies like Reka AI, which was founded in 2022 and has already achieved a $1B valuation.

Below is the full list of 8 Sunnyvale unicorn startups at this time.

Top 8 Most Valuable Sunnyvale Unicorns

Cerebras Systems builds wafer-scale processors to power a new class of AI supercomputers. Their systems are designed to dramatically accelerate training for the largest deep learning models.

Valuation$8B (Joined November 2018)
Year Founded2016
FoundersAndrew Feldman, Gary Lauterbach, Jean-Philippe Fricker, Michael James, Sean Lie
Funding Amount$1.8B
Company SizeLarge Team (251-1,000)
Last Funding StatusSeries G
Top InvestorsBenchmark, Coatue, Valor Equity Partners, Sequoia Capital, Eclipse Ventures

Illumio provides a Zero Trust Segmentation platform to stop breaches from spreading between applications and across the hybrid cloud. Their technology helps organizations build resilience to ransomware and other attacks by visualizing risk and isolating high-value assets.

Valuation$3B (Joined April 2015)
Year Founded2013
FoundersAlan Stokol, Andrew Rubin, PJ Kirner
Funding Amount$557.5M
Company SizeLarge Team (251-1,000)
Last Funding StatusSeries F
Top InvestorsGeneral Catalyst, Accel, Franklin Templeton, Andreessen Horowitz, BlackRock

Clari develops a revenue platform designed to give sales teams complete visibility into their business and drive predictable growth. They use AI-powered analytics and forecasting to help companies spot risks and opportunities in their sales pipeline.

Valuation$3B (Joined March 2021)
Year Founded2013
FoundersAndy Byrne, Venkat Rangan
Funding Amount$496M
Company SizeLarge Team (251-1,000)
Last Funding StatusSeries F
Top InvestorsMadrona, Sapphire Ventures, B Capital, Sequoia Capital, Bain Capital Ventures

PingCAP builds TiDB, an open-source distributed SQL database for scalable transaction processing and real-time analytics. Their platform is designed to handle hybrid transactional and analytical workloads, simplifying data architecture for modern applications.

Valuation$3B
Year Founded2015
FoundersDylan Cui, Edward Huang, Max Liu
Funding Amount$641.6M
Company SizeLarge Team (251-1,000)
Last Funding StatusSeries D
Top InvestorsMatrix Partners China, Sequoia Capital, BAI capital, Coatue, K2VC

Yugabyte develops an open-source distributed SQL database built for cloud-native applications. Their platform is designed to give applications high performance and fault tolerance, making it a popular choice for businesses in finance and cybersecurity.

Valuation$1.3B (Joined October 2021)
Year Founded2016
FoundersKannan Muthukkaruppan, Karthik Ranganathan, Mikhail Bautin
Funding Amount$291M
Company SizeLarge Team (251-1,000)
Last Funding StatusSeries C
Top Investors8VC, Wipro Ventures, Sapphire Ventures, Lightspeed Venture Partners, Meritech Capital Partners

Reka AI builds powerful multimodal models that can understand and generate content from text, images, and video. They provide these advanced generative AI systems as customizable solutions for businesses to build their own AI-powered applications.

Valuation$1B (Joined July 2025)
Year Founded2022
FoundersCyprien de Masson d’Autume, Dani Yogatama, Mikel Artetxe, Qi Liu, Yi Tay
Funding Amount$170M
Company SizeLean Team (11-50)
Last Funding StatusSeries B
Top InvestorsDST Global, NVIDIA, Radical Ventures, Snowflake Ventures, Snowflake

Turntide Technologies builds an intelligent motor system designed to drastically cut energy consumption and costs for commercial and industrial operations. Their patented technology replaces outdated conventional motors with a software-driven, high-efficiency alternative to combat climate change.

Valuation$1B (Joined June 2022)
Year Founded2013
FoundersMark Johnston, Piyush Desai
Funding Amount$491.5M
Company SizeLarge Team (251-1,000)
Last Funding StatusVenture Round
Top InvestorsBreakthrough Energy Ventures, National Science Foundation, BMW i Ventures, FootPrint Coalition, Fifth Wall

Innovusion builds image-grade LiDAR systems designed for autonomous vehicles and smart transportation. They are recognized for producing long-range, high-resolution sensors that enable reliable perception for self-driving applications.

Valuation$1B
Year Founded2016
FoundersJunwei Bao, Yimin Li
Funding Amount$278M
Company SizeLarge Team (251-1,000)
Last Funding StatusSeries C
Top InvestorsTemasek Holdings, Shunwei Capital, BAI capital, F-Prime, Gaorong Capital