Data. Insights. Reports. New Funding. Oh my.
Lacework, a company once valued at $6.6 billion by the Prime Unicorn Index, is in talks to be acquired by Wiz for $150-200 million, according to The Information. Both companies are startups offering cloud security software. Lacework has raised over $1.85 billion, most recently raising a massive $1.3 billion Series
**Correction: After further review and consulting with Phenom, the company has maintained a valuation of over $1 billion, and the article has been updated to reflect this. The title was changed from “Phenomenal Drop: Phenom Falls Out of the Prime Unicorn Index.”** Last week, the Prime Unicorn Index underwent its
̶ New Prime 30 Unicorn Index Tracks the 30 Highest Valued Companies in the Prime Unicorn Composite Index, the Standard Bearer for Private Market Benchmarking ̶ ̶ The Prime Unicorn Indexes Uniquely Incorporate Primary Sourced Financing Data with Secondary Transactions via a Partnership with Caplight Technologies ̶ SHREVEPORT, La., April
Introduction Recent trends in venture capital reveal a stark transformation in exit strategies. The dramatic reduction of US venture IPOs, coupled with the decrease in M&A activity, underscores a growing reliance on alternative routes for liquidity, such as the secondary market. These markets are emerging as crucial alternatives for firms
Functional Software (DBA: Sentry) risks losing its eligibility as a Prime Unicorn Index component after its valuation slipped below $1 billion. Once worth $2.5 billion, the company saw its share price slide 67.7% in recent weeks in the secondary market, reducing its valuation to nearly $806 million. Sentry provides application
Cart.com, a Houston-based e-commerce platform, will likely lose its eligibility as a Prime Unicorn Index component after a secondary transaction caused the company to slip below a $1 billion valuation. Cart.com provides a comprehensive suite of services for online retailers, enabling them to manage and grow their businesses effectively. Their
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
On March 26, 2024, Mark43, a Prime Unicorn Index component most recently valued at $1.5 billion, authorized a new Series F round that marked down its share price by a whopping 86.7%. Mark43 is a technology company that provides cloud-based software solutions for public safety agencies, including law enforcement, fire
As the tech industry emerges from its IPO drought, this week marks a significant turning point with the launch of some of the first tech IPOs of 2024. Among them, Reddit and Astera Labs stand out as highly anticipated public offerings. Astera Labs, in particular, holds the spotlight as a
In recent times, the venture capital landscape has been characterized by a cautious approach, with down rounds and flat rounds becoming increasingly common as investors recalibrate their expectations in a shifting economic environment. However, amidst this cautious backdrop, there are standout companies that defy the trend, securing up rounds that
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