This Week in the Index- IPOs and Acquisitions
Week of August 21 – August 27, 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. No new financings. xAI up in secondaries. Publics mixed (CoreWeave up; Circle and Figma lower). The Prime Unicorn 30 Index fell […]
Netskope Files for IPO
Cloud security provider Netskope filed to go public on the Nasdaq under the ticker NTSK, marking one of the biggest cybersecurity offerings of the year. Prime Unicorn Index ContextNetskope was last valued at roughly $3.7B following secondary transactions in the Prime Unicorn Index. See how Netskope has performed against the Prime Unicorn Composite Index below.
This Week in the Index- Anthropic Steps Up
Week of August 14 – August 20, 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. Anthropic filed for a new Series F amid rumors it’s raising $10B. Publics faded (CoreWeave led the pullback). Secondaries mixed. The […]
Motive Taps JP Morgan to Lead IPO Push
Motive Technologies (FKA: KeepTruckin), a fleet management and driver safety startup, has reportedly hired JP Morgan Chase & Co. to lead its upcoming initial public offering, according to Bloomberg. The San Francisco-based company is also working with Citigroup, Barclays, and Jefferies as it prepares for a listing that could come as soon as the end […]
This Week in the Index- Earnings Effect
Week of August 7 – August 13, 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. The Index slipped slightly, driven by a mix of earnings on public components and a handful of secondary transactions. Primary Rounds […]
Circle Pops on First Earnings Report
Circle Internet Group (NYSE: CRCL) posted its first quarterly results as a public company, sending shares up more than 7% in early trading. Let’s take a look at the highlights: Circle’s strong revenue growth underscores the rising adoption of USDC and the profitability of stablecoin reserve management—though large IPO-related costs kept the company in the […]
This Week in the Index
Week of July 30 – August 6, 2025 Quick Summary Welcome to This Week in the Index, where we’ll give a brief overview of what happened this week among Prime Unicorn Index components. Figma’s IPO dominated the week. Shares opened strong and re-priced the private–public gap. Public components were mixed: CoreWeave up, Circle down. Secondaries […]
Figma’s Blockbuster IPO
Last week, Figma, the 12th largest component in the Prime Unicorn 30 Index, went public in a blockbuster IPO, seeing its share price jump 250% in its first day of trading. Even after falling over 27% on Monday, Figma is still priced over 4x higher than its last private fundraising. Let’s take a look at […]
Prime Unicorn Index Q3 2025 Reconstitution Update
Just a couple of weeks ago, the Prime Unicorn Index underwent its quarterly reconstitution. While the full report dives deep into the numbers, we’re breaking down a few quick highlights from the Prime Unicorn 30—our flagship index tracking the 30 most valuable U.S. private venture-backed companies. High-Level Overview This quarter’s reconstitution brought two new names […]
Up to Bat: Figma and Navan File for IPOs
Figma and Navan, two long-standing members of the Prime Unicorn Index’s Top 30 Index, are now charting parallel courses toward the public markets. Their filings give the Index its clearest look yet at how late-stage venture names are scaling as investor interest in fresh listings returns. Figma’s newly public S-1 lays out the most complete […]