Aviation unicorns
Dealroom tracks 31 unicorns in Aviation — companies that reached a verified $1B+ valuation — worth $109.9B combined, plus 3 thoroughbreds generating $100M+ in annual revenue. Updated August 2026.
Every Aviation unicorn
All 31 companies in Aviation that reached a verified $1B+ valuation, ranked by latest valuation. Click a company for its full Dealroom profile.
| # | Company | HQ city | Country | Founded | Valuation | Status |
|---|---|---|---|---|---|---|
| 1 | Splunk | San Francisco | United States | 2003 | $25B | IPO 2012 |
| 2 | Infor | New York City | United States | 2002 | $13B | Private |
| 3 | GlobalLogic | Santa Clara | United States | 2000 | $9.5B | Private |
| 4 | JFrog | Sunnyvale | United States | 2008 | $8.8B | IPO 2020 |
| 5 | CloudWalk Technology | Pudong | China | 2015 | $5.5B | Private |
| 6 | Joby Aviation | Santa Cruz | United States | 2009 | $5.4B | Public via SPAC 2021 |
| 7 | Clear Secure | New York City | United States | 2010 | $5B | Private |
| 8 | Arctic Wolf Networks | Eden Prairie | United States | 2012 | $4.3B | Private |
| 9 | Reply | Turin | Italy | 1996 | $3.9B | IPO 2000 |
| 10 | Forter | New York City | United States | 2013 | $3B | Private |
| 11 | VistaJet | Ħal Luqa | Malta | 2004 | $2.5B | Private |
| 12 | Plex Systems | Troy | United States | 1995 | $2.2B | Private |
| 13 | Twelve | Berkeley | United States | 2015 | $2B | Private |
| 14 | Formlabs | Somerville | United States | 2011 | $2B | Private |
| 15 | Archer Aviation | San Jose | United States | 2018 | $2B | Public via SPAC 2021 |
| 16 | Boom Supersonic | Englewood | United States | 2014 | $1.8B | Private |
| 17 | IBS Software Services | Thiruvananthapuram | India | 1997 | $1.8B | Private |
| 18 | JetSmarter | Fort Lauderdale | United States | 2012 | $1.6B | Private |
| 19 | Prometheus | Santa Cruz | United States | 2018 | $1.5B | Private |
| 20 | Avathon | Pleasanton | United States | 2013 | $1.4B | Private |
| 21 | Keyfactor | Independence | United States | 2001 | $1.3B | Private |
| 22 | Sparta Systems | Hamilton Township | United States | 1994 | $1.3B | Private |
| 23 | BETA CAE Systems | Root | Switzerland | 1990 | $1.2B | Private |
| 24 | Shanghai Volant Aviation Technology | Minhang District | China | 2021 | $1.1B | Private |
| 25 | Carbon Engineering | Squamish | Canada | 2009 | $1.1B | Private |
| 26 | Revel | Los Angeles | United States | 2024 | $1B | Private |
| 27 | Wheels Up | New York City | United States | 2013 | $701M | Public via SPAC 2021 |
| 28 | Vertical Aerospace | Bristol | United Kingdom | 2016 | $188M | Public via SPAC 2021 |
| 29 | GoPro | San Mateo | United States | 2003 | $172M | IPO 2014 |
| 30 | Surf Air Mobility | Santa Monica | United States | 2012 | $169M | Public via SPAC 2022 |
| 31 | Lilium | Gauting | Germany | 2015 | $-80M | Public via SPAC 2021 |
Thoroughbreds — the $100M+ revenue tier
Dealroom's revenue milestone: 3 Aviation companies past $100M in annual revenue, proof of traction beyond paper valuations.
| # | Company | HQ city | Country | Founded | Valuation | Status |
|---|---|---|---|---|---|---|
| 1 | Boingo Wireless | Los Angeles | United States | 2001 | $626M | IPO 2011 |
| 2 | BLADE | New York City | United States | 2014 | $440M | Public via SPAC 2021 |
| 3 | Bravofly | Chiasso | Switzerland | 2006 | — | IPO 2014 |
Frequently asked questions
How many Aviation unicorns are there?
Dealroom tracks 31 Aviation companies that reached a $1B+ valuation as of August 2026, worth $109.9B combined. 2 of them are valued at $10B or more.
What are the biggest Aviation unicorns?
The three most valuable are Splunk, Infor, GlobalLogic.
What counts as a unicorn — and what is a thoroughbred?
A unicorn is a company that reached a $1B+ valuation, verified by Dealroom. A thoroughbred is Dealroom's revenue-based tier: a startup-era company generating $100M+ in annual revenue — traction, not just paper valuation.