Prime Unicorn Index

WORLD’S FIRST

UNICORN INDEX

White Papers

Private Equity Secondary

Markets Demystified

Reports

Q4 2021

Reconstitution Report

Discover the First Index of Private Companies

The Prime Unicorn Index™ is a modified market cap price return index that measures the share price performance of U.S. private companies valued at $1 billion or more. The index provides empirical data to asset managers and financial advisors interested in tracking today’s private capital markets. The index is designed for use in the creation of financial products and as a performance benchmark.

*The Prime Unicorn Index was updated from an “equal weighting” to a “modified market cap” weighting methodology as of July 1, 2020. All references to “Prime Unicorn Index” subsequent to July 1, 2020 will reflect the modified market cap methodology.

Who is included in the Prime Unicorn Index?

The Prime Unicorn Index includes every type of company, from market disruptors to the pioneers creating and defining industries of their own.

Top Unicorns by Valuation

The ever-growing list of companies is now making Unicorn investment opportunities more lucrative than ever before.

Prime Unicorn Index 

Who can invest

in the Index?

  • Investment opportunities are available for both Institutional and Accredited Investors.

  • Investors who already own shares in the underlying component companies (i.e. VC fund managers, Family Offices, Asset Managers) or who are Limited Partners in the funds that invested into the Index companies, may want to hedge their investments by taking a short position.

  • Wealth Managers, Asset Managers, Private Banks, can get net exposure to the Pre-IPO private companies by taking a long position.

INdex Reports

Latest Index Reports

Quarterly reports detail the index, changes to the index, trends in the unicorn market, and more. 

Upgrade has a new $179m Series F round

Upgrade has just authorized a new Series F preferred stock which could increase the valuation to $6.38 billion if all Series F shares are issued. The online lending platform is previously backed by Ventura Capital, Black River Ventures, Koch Disruptive Technologies,...

Via Transportation has a new $130m Series G round

Via Transportation has just authorized a new Series G preferred stock which could increase the valuation to $1.77 billion if all Series G shares are issued. The ride sharing company is previously backed by Cagni Ventures, RiverPark Ventures, Planven Investments,...

Workato is raising $200M Series E

Workato has just authorized a new Series E preferred stock which could increase the valuation to $2.99 billion if all Series E shares are issued. The software company is previously backed by Altimeter Capital, Battery Ventures, Redpoint Ventures, Insight Partners,...

ClearList Partners With Lagniappe Labs on the World’s First U.S. Unicorn Company Tracking Index

ClearList, an equities marketplace for private companies, today announced that it has partnered with Lagniappe Labs to market the Prime Unicorn Index.

Q4 2021 Reconstitution Report

About the report The Prime Unicorn Index added 14 constituents and dropped 5 in the quarterly reconstitution, for a total of 128 index components for Q4 2021. Currently, the median market cap is $2.8 billion and the Index’s total market value is $768 billion.  Brex,...

Devoted Health is getting $1.2 Billion in New Funding

Devoted Health has just authorized a new Series D preferred stock which could increase the valuation to $13 billion if all Series D shares are issued. The healthcare insurance company is previously backed by Andreessen Horowitz, Premji Invest, Uprising Capital,...

Farmer’s Business Network is raising $300M

Farmer's Business Network has just authorized a new Series G preferred stock which could increase the valuation to $3.7 billion if all Series G shares are issued. The farmer-to-farmer agronomic information network company is previously backed by BlackRock, KPCB,...

Whoop is raising $200M

Whoop has just authorized a new Series F preferred stock which could increase the valuation to $2.97 billion if all Series F shares are issued. The data analytics and consumer wearables company is previously backed by Softbank, CAVU Venture Partners, Promus Ventures,...

Upgrade is raising $105M

Upgrade has just authorized a new Series E preferred stock which could increase the valuation to $3.5 billion if all Series E shares are issued. The online lending platform company is previously backed by Ventura Capital, Uncorrelated Capital, Vy Capital, Silicon...

Dataiku is raising $200M

Dataiku has just authorized a new Series E preferred stock which could increase the valuation to $4.8 billion if all Series E shares are issued. The AI and machine learning platform company is previously backed by ICONIQ, Stripes Group, Tiger Global, Batter Ventures,...