Washington is home to 29 unicorn startups. The ecosystem includes IT security firm Tanium, valued at $9 billion, and fusion power company Helion Energy, with a valuation of $5.43 billion.
The state's startup scene covers a wide range of fields from enterprise software to gaming. Recent additions include cloud security developer Chainguard and Web3 platform Story Protocol.
Below is the full list of 29 Washington unicorn startups at this time.
Top 10 Most Valuable Washington Unicorns
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Get the Sheet for $50Tanium provides a converged endpoint management platform that gives IT operations and security teams comprehensive control over their networks. This allows enterprises to manage vulnerabilities, hunt for threats, and distribute patches with speed and at a massive scale.
| Valuation | $9B (Joined March 2015) |
| Year Founded | 2007 |
| Founders | David Hindawi, Orion Hindawi |
| Funding Amount | $1B |
| Company Size | Major Organization (1,001-5,000) |
| Last Funding Status | Venture Round |
| Top Investors | IVP, Franklin Templeton, Andreessen Horowitz, Wellington Management, TPG |
Helion Energy is building fusion power plants designed to provide the world with a new source of clean electricity. Their approach uses a pulsed, non-ignition system that aims to be the first commercially viable path to generating power from fusion.
| Valuation | $5.43B (Joined November 2021) |
| Year Founded | 2013 |
| Founders | Chris Pihl, David Kirtley, George Votroubek, John Slough |
| Funding Amount | $1B |
| Company Size | Large Team (251-1,000) |
| Last Funding Status | Series F |
| Top Investors | Mithril Capital Management, Lightspeed Venture Partners, Sam Altman, SoftBank Vision Fund, Y Combinator |
Icertis created an AI-powered platform for enterprise contract management. Their software turns contracts from static documents into strategic advantages, helping companies ensure compliance and minimize risk.
| Valuation | $5.B (Joined July 2019) |
| Year Founded | 2009 |
| Founders | Monish Darda, Samir Bodas |
| Funding Amount | $566.5M |
| Company Size | Major Organization (1,001-5,000) |
| Last Funding Status | Venture Round |
| Top Investors | SAP, Meritech Capital Partners, Headline, Greycroft, B Capital |
Outreach builds a sales execution platform that uses AI to help sales teams close more deals and drive predictable growth. Their platform provides AI-powered guidance to help sellers be more productive and effective when engaging with customers.
| Valuation | $4.4B (Joined April 2019) |
| Year Founded | 2014 |
| Founders | Andrew Kinzer, Gordon Hempton, Manny Medina, Wes Hather |
| Funding Amount | $489M |
| Company Size | Large Team (251-1,000) |
| Last Funding Status | Series G |
| Top Investors | Menlo Ventures, Vista Equity Partners, Techstars, Sapphire Ventures, Spark Capital |
Chainguard builds secure, minimal container images that help developers ship software with little to no known vulnerabilities. The team also created Sigstore, the open source standard for signing and verifying the integrity of software artifacts.
| Valuation | $4B (Joined July 2024) |
| Year Founded | 2021 |
| Founders | Dan Lorenc, Kim Lewandowski, Ville Aikas |
| Funding Amount | $892M |
| Company Size | Large Team (251-1,000) |
| Last Funding Status | Series D |
| Top Investors | Spark Capital, General Catalyst, Sequoia Capital, IVP, Lightspeed Venture Partners |
Highspot builds a sales enablement platform designed to boost the performance of sales teams. Their software equips sales representatives with relevant content, guidance, and training to engage buyers more effectively.
| Valuation | $4B (Joined February 2021) |
| Year Founded | 2012 |
| Founders | David Wortendyke, Oliver Sharp, Robert Wahbe, Scot Gellock |
| Funding Amount | $644.9M |
| Company Size | Major Organization (1,001-5,000) |
| Last Funding Status | Series F |
| Top Investors | B Capital, Madrona, Tiger Global Management, Salesforce Ventures, Sapphire Ventures |
Rec Room builds a cross-platform gaming universe where users can play and create games together. Their platform is recognized for fostering a global community and enabling user-generated content across VR, mobile, and console devices.
| Valuation | $4B (Joined March 2021) |
| Year Founded | 2016 |
| Founders | Bilal Orhan, Cameron Brown, Dan Kroymann, John Bevis, Josh Wehrly, Nick Fajt |
| Funding Amount | $294M |
| Company Size | Large Team (251-1,000) |
| Last Funding Status | Series F |
| Top Investors | First Round Capital, Madrona, Coatue, Sequoia Capital, Index Ventures |
Temporal Technologies provides an open-source platform that enables developers to build highly scalable and resilient applications. Their technology simplifies the orchestration of complex workflows, making it easier to write durable code and focus on business logic.
| Valuation | $3B |
| Year Founded | 2019 |
| Founders | Maxim Fateev, Samar Abbas |
| Funding Amount | $454.5M |
| Company Size | Mid-Size Team (51-250) |
| Last Funding Status | Series C |
| Top Investors | Madrona, Index Ventures, StepStone Group, Sequoia Capital, Tiger Global Management |
Group14 Technologies manufactures a silicon-carbon composite material to replace the graphite anodes inside lithium-ion batteries. Their advanced material enables batteries with significantly higher energy density and faster charging speeds for products like electric vehicles and consumer electronics.
| Valuation | $3B |
| Year Founded | 2015 |
| Founders | Aaron Feaver, Rick Costantino, Rick Luebbe |
| Funding Amount | $1.2B |
| Company Size | Large Team (251-1,000) |
| Last Funding Status | Series D |
| Top Investors | Yaletown Partners, Decarbonization Partners, Lightrock, Vsquared Ventures, OMERS Ventures |
Story Protocol created an on-chain framework for intellectual property that allows narrative universes to be openly remixed and expanded. Their technology tracks contributions and distributes revenue, enabling a new model for collaborative creation.
| Valuation | $2.25B (Joined August 2024) |
| Year Founded | 2022 |
| Founders | Jason Levy, Jason Zhao, Seung Yoon Lee |
| Funding Amount | $134.3M |
| Company Size | Lean Team (11-50) |
| Last Funding Status | Series B |
| Top Investors | dao5, Polychain, Andreessen Horowitz, a16z crypto, Samsung NEXT |
The Remaining 19 Unicorns Founded in Washington
The top 10 companies are just the beginning of Washington's startup story. The next group of unicorns has already raised over $7 billion combined, with many building tools for AI and data analytics.
Some are newer companies, while others have been growing for years. Here’s a look at the rest of the companies shaping the state's future.