Forge insights

Unicorns don’t appear overnight; many spend years building toward a $1 billion valuation as product traction and fresh capital start to converge. This latest batch of “soonicorns” listed on Forge Global are all sitting in the late-stage sweet spot, with post-money valuations in the $600M–$1B range, giving them the potential of reaching $1 billion in valuation and therefore their unicorn status in the near-term. While there are no guarantees for future valuations, below are five names worth watching in defense and aerospace, enterprise AI, digital engineering, industrial intelligence and modern travel.