Texas is home to 33 unicorn startups, with companies spread across various industries from biotechnology to transportation. This group includes biotechnology company Colossal Biosciences, valued at $10B, and Elon Musk's The Boring Company, with a $7B valuation.
The state's startup scene also features newer companies like Base Power, which reached a $4B valuation within a year of its founding.
Below is the full list of 33 Texas unicorn startups at this time.
Top 10 Most Valuable Texas Unicorns
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250 BioTech & Health Investors
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Get the Sheet for $50Colossal Biosciences uses breakthrough genetic engineering to bring back extinct species. Their team applies advanced gene-editing technologies, like CRISPR, to ambitious de-extinction projects including the woolly mammoth and dodo bird.
| Valuation | $10B |
| Year Founded | 2021 |
| Founders | Andrew Busey, Ben Lamm, Brian Beard, George Church, Kent Wakeford, Peter Phillips |
| Funding Amount | $568.1M |
| Company Size | Mid-Size Team (51-250) |
| Last Funding Status | Series C |
| Top Investors | Liquid 2 Ventures, Builders VC, Capital Factory, Draper Associates, US Innovative Technology Fund |
The Boring Company builds underground transportation systems to combat urban traffic congestion. Their Loop system is an all-electric, high-speed network of tunnels that moves passengers in autonomous vehicles.
| Valuation | $7B (Joined April 2022) |
| Year Founded | 2016 |
| Founders | Elon Musk |
| Funding Amount | $908M |
| Company Size | Large Team (251-1,000) |
| Last Funding Status | Series C |
| Top Investors | Craft Ventures, K5 Global, Founders Fund, Sequoia Capital, Valor Equity Partners |
The team at Island developed the Enterprise Browser, a platform that embeds security controls directly into the workplace browsing experience. Their platform gives IT teams complete visibility and policy enforcement over web applications without needing disruptive plugins or agents.
| Valuation | $5B (Joined March 2022) |
| Year Founded | 2020 |
| Founders | Dan Amiga, Michael Fey |
| Funding Amount | $810M |
| Company Size | Large Team (251-1,000) |
| Last Funding Status | Series E |
| Top Investors | Coatue, Insight Partners, Georgian, Canapi Ventures, Sequoia Capital |
Tricentis develops automated software testing solutions designed to speed up software delivery for enterprises. Their AI-powered platform focuses on quality engineering to support modern DevOps and digital transformation initiatives.
| Valuation | $5B |
| Year Founded | 2007 |
| Founders | Franz Fuchsberger, Wolfgang Platz |
| Funding Amount | $1.5B |
| Company Size | Major Organization (1,001-5,000) |
| Last Funding Status | Private Equity |
| Top Investors | Wipro Ventures, Insight Partners, GTCR, ViewPoint Capital Partners, Claret Capital Partners |
NinjaOne develops a unified IT operations platform that simplifies endpoint management for IT teams and managed service providers. Their all-in-one software helps organizations increase productivity and reduce security risks from a single console.
| Valuation | $5B (Joined February 2024) |
| Year Founded | 2013 |
| Founders | Christopher Matarese, Eric Herrera, Sal Sferlazza |
| Funding Amount | $761.5M |
| Company Size | Major Organization (1,001-5,000) |
| Last Funding Status | Series C |
| Top Investors | Summit Partners, Amit Agarwal, Frank Slootman, ICONIQ Growth, CapitalG |
Base Power has developed a residential backup battery system that works with its own specialized electricity plans. Their integrated approach provides homeowners with reliable power during outages and helps them manage energy costs.
| Valuation | $4B (Joined October 2025) |
| Year Founded | 2023 |
| Founders | Zachary Dell |
| Funding Amount | $1.3B |
| Company Size | Mid-Size Team (51-250) |
| Last Funding Status | Series C |
| Top Investors | Bond, Lowercarbon Capital, Andreessen Horowitz, Valor Equity Partners, Lightspeed Venture Partners |
Avride develops and operates a fleet of autonomous vehicles and delivery robots. Their integrated system of hardware and software powers self-driving solutions for both transportation and logistics.
| Valuation | $4B |
| Year Founded | 2017 |
| Founders | — |
| Funding Amount | $850M |
| Company Size | Large Team (251-1,000) |
| Last Funding Status | Corporate Round |
| Top Investors | Uber, Nebius Group |
o9 Solutions develops a cloud-based business management platform that powers digital transformations for integrated planning and operations. Their AI-powered "Digital Brain" platform helps large enterprises improve decision-making across their supply chain and revenue functions.
| Valuation | $4B (Joined April 2020) |
| Year Founded | 2009 |
| Founders | Chakri Gottemukkala, Sanjiv S. Sidhu |
| Funding Amount | $533M |
| Company Size | Major Organization (1,001-5,000) |
| Last Funding Status | Private Equity |
| Top Investors | Beyond Net Zero, Kohlberg Kravis Roberts, Generation Investment Management, General Atlantic |
Saronic designs and manufactures autonomous surface vessels for maritime security and domain awareness. Their AI-enabled fleet gives naval and security forces the ability to patrol and monitor critical waterways without putting crews at risk.
| Valuation | $4B |
| Year Founded | 2022 |
| Founders | Dino Mavrookas, Doug Lambert, Rob Lehman, Vibhav Altekar |
| Funding Amount | $845.5M |
| Company Size | Large Team (251-1,000) |
| Last Funding Status | Series C |
| Top Investors | Andreessen Horowitz, US Innovative Technology Fund, General Catalyst, Caffeinated Capital, Lightspeed Venture Partners |
HighRadius builds an Autonomous Finance Platform that uses AI to automate order-to-cash and treasury management for enterprises. Their software helps finance departments improve cash flow and reduce operational costs by streamlining complex financial workflows.
| Valuation | $3.1B (Joined January 2020) |
| Year Founded | 2006 |
| Founders | Sashi Narahari |
| Funding Amount | $475M |
| Company Size | Major Organization (1,001-5,000) |
| Last Funding Status | Series C |
| Top Investors | Susquehanna Growth Equity, Tiger Global Management, PNC, Citi Ventures, ICONIQ Growth |
The Remaining 23 Unicorns Founded in Texas
The top ten companies are just the beginning of the story in Texas. More than twenty other startups in fields like healthcare, fintech, and analytics have collectively raised over $10 billion.
These companies are solving different problems, but they all show the strength of the state's startup community. Here’s a look at the other unicorn startups shaping Texas.