Every South Florida Unicorn in 2026, Ranked by Valuation

Miami spent five years talking about becoming a real tech hub. In 2026 the scoreboard finally has numbers on it: six private, billion-dollar companies headquartered in South Florida — led by a $12 billion medical AI company that moved here on purpose.

Most "Miami unicorn" lists you'll find are padded with public companies, hedge funds, and startups that merely opened a satellite office near the beach. This one isn't. Every company below is private, headquartered in Miami-Dade, Broward, or Palm Beach County, and carries a $1B+ valuation with a named source and a date — and when the mark is stale, I say so, because a 2022 NFT-peak valuation is not the same thing as a January 2026 priced round. Cross-reference every round against our South Florida funding tracker, which logs the region's verified deals as they happen.

South Florida's Unicorns, Ranked by Valuation

The Full Table: Every Mark, Sourced and Dated

Sources: CNBC and Businesswire (OpenEvidence Series D, Jan 2026); company spokesperson via Forge/accessipos (Kaseya, 2022); Tracxn and DL News (Yuga Labs); Reuters and Fierce Healthcare (eMed, Mar 2026); Florida Trend (Pipe, May 2026); PitchBook, Tracxn, and Wikipedia (Magic Leap). All valuations are last priced or reported marks, not current trading prices — private secondaries may clear materially lower.

Greater Florida: Two More Unicorns Outside the Tri-County Area

Widen the lens to the whole state and two more names join. ThreatLocker, the Orlando-based zero-trust security company, raised a $190M Series F in July 2026 led by Elephant — with private-market data from Forge pegging the post-money around $1.78 billion, up from $1.6B in its prior round. And Cirkul, the Tampa flavored-water brand sold in 4,200+ Walmart stores, hit a $1 billion valuation with its 2022 raise — a mark that, like Yuga's, hasn't been repriced since. Neither is South Florida, which is why they sit in this section and not the ranking.

The Watchlist: South Florida's Next Likely Unicorns

The most interesting name in the pipeline is Hydra Host, the Miami-based GPU infrastructure marketplace. Its $100M Series A — led by Kindred Ventures with Nvidia, ARK Invest, Founders Fund, Magnetar, and Comcast Ventures participating — valued the company at approximately $800 million. Its Brokkr software now runs across roughly 50 data centers and a fleet of 15,000+ GPUs, up from about 30 sites a year earlier. At current AI-infrastructure multiples, the next round almost certainly clears $1B.

Beyond Hydra Host, the honest answer is that the region's pipeline is broader than it is deep: South Florida raised $4B+ in venture funding over the past year across hundreds of deals, but most of the volume is seed and Series A. The names to watch are whichever of those break out — follow the rounds as they're verified on the funding tracker, and the investors writing the checks on our Miami VC firms directory.

How We Ranked These

Inclusion requires three things: a private company (no public companies, no hedge funds), a headquarters in Miami-Dade, Broward, or Palm Beach County, and a $1B+ valuation traceable to a named source. Ranking is by last priced or reported valuation (roughly 80% of the ordering), with mark freshness as the tiebreaker (20%) — which is why OpenEvidence's January 2026 round outranks Kaseya's equal-but-older figure. Primary sources include CNBC's reporting on the OpenEvidence Series D, Florida Trend on Pipe, Reuters on eMed, and PitchBook/Tracxn profiles for companies without recent rounds — all checked as of August 2026. We deliberately publish the as-of date next to every number: a valuation without a date is marketing, not data.