Week of September 18 – September 24, 2025
Quick Summary
Welcome back to This Week in the Index, where we’ll give a brief overview of what happened this week among Prime Unicorn Index components. Publics mostly up; CoreWeave led. Cerebras, Human Interest file new primary rounds. Databricks flat in secondaries; Netskope’s public debut. Index edged higher, up 0.9% WoW.
Primary Rounds & Filings
- Cerebras: Series G ~$36.23/share (+31% vs $27.74 Series F).
- Human Interest*: Series E‑2 ~$9.07/share (+12% vs $8.08 Series E).
- Navan*: 3‑for‑1 reverse stock split.
- Netskope*: IPO at $19 (last private: Series H at $20.45).
Secondary Transactions
- Databricks: $150 → $150 (flat)
Public Components
- CoreWeave (CRWV): +10.4% to $133.40
- Circle (CRCL): +0.4% to $131.58
- Figma (FIG): +0.8% to $55.21
- Hinge Health (HNGE)*: flat at $56.74
- Via Transportation (VIA)*: -2.6% to $48.71
- Netskope (NTSK)*: $23.38
Notable News
- SpaceX inked a $17B deal with EchoStar.
- Brex expanding to Europe as it pushes toward an IPO.
- CoreWeave expanded its OpenAI deal by $6.5B.
- xAI began offering Grok to the federal government.
- Microsoft to offer Anthropic models in Copilot.
Index Performance
- The Prime Unicorn 30 closed at 174.16 on Sept 24, up 0.9% vs. 172.61 on Sept 17
*These companies are components of the Prime Unicorn Composite Index, but are not included in the Prime Unicorn 30 Index.