Pre-seed venture capital activity over the years.
Pre-seed venture capital activity over the years.
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The U.S. unicorns most likely to go public in 2025 | NVCA/PitchBook

  • Posted byby Dean Takahashi
  • Updated
  • 2 min

There are a raft of U.S. unicorns — those valued at $1 billion or more — that are likely to go public in 2025, according to the PitchBook/NVCA Venture Monitor for the fourth quarter of 2024.

The folks at PitchBook have a VC exit predictor, a tool that leverages machine learning and PitchBook’s database of companies, financing rounds and investors to objectively assess a startup’s likelihood of having a successful exit.

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Written by

Dean Takahashi

Dean Takahashi is editorial director for GamesBeat. He has been a tech journalist since 1988, and he has covered games as a beat since 1996. He was lead writer for GamesBeat at VentureBeat from 2008 to April 2025. Prior to that, he wrote for the San Jose Mercury News, the Red Herring, the Wall Street Journal, the Los Angeles Times, and the Dallas Times-Herald. He is the author of two books, "Opening the Xbox" and "The Xbox 360 Uncloaked." He organizes the annual GamesBeat Next, GamesBeat Summit and GamesBeat Insider Series: Hollywood and Games conferences and is a frequent speaker at gaming and tech events. He lives in the San Francisco Bay Area.