AI And DevOps Led For New Unicorns In November

Six companies joined Crunchbase Unicorn Board In November 2024, artificial intelligence and developer operations will lead to new unicorn companies. So far this year, 100 companies have joined The number of people on the board of directors, while the full-year board of directors in 2023 is 99 people.

Five of the new unicorns are headquartered in the United States, including one in London.

The six companies, all enterprise-focused, have raised a combined $1.8 billion in funding and added $10 billion in value to the boardroom.

One of the companies raised seed funding through a Series C round in less than a year.

Four companies exited

Worth $20 billion last month Resign from the board of directors.

China Autonomous Driving Company Pony.ai Listed At Nasdaqvalued at $5.3 billion, down from its last private valuation of $8.5 billion.

Two Indian unicorns go public: Food delivery company Sviji — last valued at $10.7 billion in January 2022 — and freight logistics platform Blackbackworth $1 billion in 2021.

Another unicorn to exit via M&A: San Francisco-based API platform quickly Acquired by mobile phone provider Nokia. Rapid was previously valued at $1 billion in the first quarter of 2022.

Unicorns minted in November

Here are all the new unicorns born in November, broken down by industry.

AI

Development and operation

• logic monitoris a Santa Barbara, Calif.-based IT observability platform that raised $800 million in private equity funding from Golub Capital and paris saint germain stock. The 17-year-old company is valued at $2.4 billion. 2018 Vista Equity Partners Obtained a majority stake.
• Backup software services YianProvides instant access to backup data, raises $70 million in Series C funding from link. Eon raised seed funding through a Series C round in less than a year. The New York-based company was valued at $1.4 billion a year after its founding.

Professional services

• Headquartered in London lighthouseTourism industry intelligence platform receives US$370 million in Series C financing led by PE Kohlberg Kravis Roberts. The 12-year-old company is valued at $1 billion.

Internet security

Related Crunchbase Unicorn List:

Related reading:

methodology

Crunchbase Unicorn Board is a curated list based on Crunchbase data that includes private unicorn companies with post-money valuations of $1 billion or more. The new company is Add to Unicorn Board As part of a funding round, they were valued at $1 billion.

Unicorn boards do not reflect internal company valuations (such as those set through the 409a employee stock option process) because these valuations are different from, and more likely to be lower than, priced funding rounds. We also don’t adjust valuations based on investor write-downs, which change from quarter to quarter because different investors don’t value the same company consistently in the same quarter.

Financing of unicorn companies includes all private financing of companies labeled as “unicorns” and companies that are later promoted to “unicorn” status. Exiting unicorn boards.

The exits analyzed here include only the first exit of the firm.

Please note that all funding values ​​are given in U.S. dollars unless otherwise stated. Crunchbase converts foreign currencies into U.S. dollars at the prevailing spot rate as of the date financing rounds, acquisitions, IPOs, and other financial events are reported. Even if these events are added to Crunchbase long after the event is announced, foreign currency trades are converted at historical spot prices.