ThoughtSpot Sees Valuation Drop Due To Secondary Market

ThoughtSpot, Inc., a Prime Unicorn Index component, has been marked down due to a secondary market transaction. According to Caplight data, a closed trade in June 2024 was completed at $6.80 per share, which is 73.67% less than their Series F price of $25.83 PPPS. This trade has led to ThoughtSpot’s valuation being slashed to […]

Veho Tech To Lose Its Horn?

On June 19th, 2024, an Employee Plan Exemption Notice went into effect after being filed by Veho Tech, Inc., a Prime Unicorn Index component, back in February. The price per share offered to employees of $4.78 is a 50.2% decrease from the $9.60 per share offered in their previous filing back in 2022, indicating a […]

Anduril Industries Authorizes Series F Up Round

On June 26th, 2024, Anduril Industries, a Prime Unicorn Index and Prime Unicorn 30 component, filed an updated certificate of incorporation authorizing a new Series F round at $21.74 PPPS, a 31.6% increase from the Series E price of $16.52. The round will be co-led by The Founders Fund and Sands Capital, the former having […]

Cerebras Systems Files For IPO And Authorizes Discounted Series F-1

Initially reported by The Information on June 20th, 2024, using data and filings provided by the Prime Unicorn Index, Cerebras Systems Inc. has discreetly filed for an initial public offering with securities regulators. This follows the June 6th filing of an updated certificate of incorporation which authorized a new Series F-1 round at $14.66 PPPS, a […]

Index Update: Latest News on Top 30 Companies

SpaceX’s Fourth Starship Launch is a Success (June 6th, 2024) SpaceX launched their Starship rocket out of southern Texas on Thursday, marking the first successful launch and reentry for the reusable rocket. The previous three flight tests had ended in explosions, but this time the booster landed safely in the Gulf of Mexico while the […]

Roofstock Merges With Mynd, Offers Steep Discount On Series MM Round

On May 31st, 2024, Roofstock, a Prime Unicorn Index Component last valued at $1.8 billion, authorized a new Series MM round at $9.12 PPPS, which marks a 69.07% decrease from the Series E price of $29.49.  This comes along with a June 3rd announcement of a merger with Mynd, another tech-enabled company in the real […]

Coreweave Secures Billions in Funding During May

On May 1st, 2024, Coreweave, a Prime Unicorn Index component and leading AI cloud provider, announced that it had raised $1.1 billion in equity funding during its Series C round. The funds were raised at $779.05 PPPS, which was disclosed in the Certificate of Incorporation filed May 16th, 2024. This marks a massive 598% increase […]

Anthropic Receives Additional $2.75 Billion in Amazon Funding

On March 27th, 2024, Anthropic, a Prime Unicorn Index component, received an additional $2.75 billion in funding from Amazon, totaling Amazon’s investment in the AI startup to $4 billion and making this Amazon’s largest venture investment to date. Anthropic has developed Claude, a generative AI chatbot designed to compete with OpenAI’s ChatGPT. The company recently […]

GrubMarket Authorizes Series G Round

On February 26, 2024, GrubMarket, a Prime Unicorn Index component, authorized a new Series G round at $22.79 PPPS. This is a 59% increase from its Series F price of $14.34, valuing the company at $3.07 billion on a pre-money valuation basis. GrubMarket is a food tech/eCommerce company that provides wholesale services to businesses as […]