Blog

Data. Insights. Reports. New Funding. Oh my.

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

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Public Components Update

Last week, we covered a handful of components that appear to be eyeing an IPO in the near future. However, much of this depends on the current performance of the public markets and, more specifically, other recent IPOs. The Prime Unicorn Index retains companies for a period after its IPO

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Prime Unicorn Index IPO Pipeline

Our latest report highlights the exciting IPO pipeline within the Prime Unicorn Index, showcasing the potential of some of our component companies. Despite market challenges, firms like Databricks, Navan, ServiceTitan, Cerebras, and CoreWeave appear to be preparing for public offerings, demonstrating robust fundamentals and substantial investment interest. Download the full

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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

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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

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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

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Cityblock Health Authorizes Series X Stock at a Steep Discount

On June 18, 2024, Cityblock Health, Inc. authorized a new Series X stock, priced significantly lower than its previous Series D stock.  Cityblock Health is a tech-driven healthcare provider that delivers comprehensive, personalized care to underserved urban populations. Founded in 2017 as a spinoff of Alphabet’s Sidewalk Labs, Cityblock leverages

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Harness Acquires Split & Authorizes New Junior Preferred Round

On June 12, 2024, Prime Unicorn Index component Harness announced it had completed an acquisition of Split Software, a leading feature management and experimentation provider. Harness claims that, following the acquisition, “businesses will no longer need to purchase single-point solutions to meet their end-to-end software delivery requirements.” Harness is a

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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

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