PRIME UNICORN INDEX

World’s First
Unicorn Index

WHITE PAPERS

Private Equity Secondary

Markets Demystified

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. 

Allbirds Secures $100M Series E Down Round

Allbirds secured $100 million at a valuation of $1.56 billion if all Series E shares authorized are issued. The environmentally friendly footwear manufacturer is previously backed by Fidelity Management & Research, Baillie Gifford, T. Rowe Price, and Tiger Global...

Feature Company: Desktop Metal

3D metal printing never looked so cool... Desktop Metal is a leader in mass production and turnkey additive manufacturing solutions, offering the fastest metal 3D printing technology in the market. The most recent $160 million Series E round was led by Koch Disruptive...

Affirm Just Authorized $460M Series G Round

Affirm has just authorized $460 million which will push the valuation north of $4 billion if all Series G shares are issued. The consumer finance company is previously backed by Ribbit Capital, Lightspeed Ventures, Spark Capital, Founders Fund, Fidelity Management and...

Feature Company: DigitalOcean

Cloud computing done right... DigitalOcean, the cloud for developing modern apps,  joined the Prime Unicorn Index in the quarterly reconstitution. The most recent $50 million Series C round was led by Access Industries, with participation from Andreessen Horowitz...

Feature Company: Upgrade

A neobank you should know about... Upgrade is an online lending platform that joined the Prime Unicorn Index in the quarterly reconstitution. The most recent $40 million Series D round was led by Santander InnoVentures and follows $82.54 million raised for Series C....

ACV Auctions Secures $55 Million Series E-1 Round

ACV Auctions secured $55 million at a valuation of $1.75 billion if all Series E-1 shares authorized are issued. The online automotive marketplace for dealers is previously backed by Tribeca Venture Partners, Bessemer Venture Partners, Bain Capital, Fidelity...

Feature Company: Verkada

There is nothing like the sense of security... Verkada is a cloud-based enterprise video security company that joined the Prime Unicorn Index in the quarterly reconstitution. The most recent $80 million raise for Series C valued the company at $1.46 billion; and...

Feature Company: Udemy

The power of knowledge... Udemy is an educational online platform that joined the Prime Unicorn Index in the quarterly reconstitution. The most recent $50 million Series E round was led by Benesse Holdings and follows $65 million raised for Series D. The terms...

SpaceX Fuels Into a $42 Billion Valuation

SpaceX secured $1.9 billion at a valuation of $42 billion for their Series N round. The rocket and spacecraft company was founded by Elon Musk in 2002 and has been making history ever since. SpaceX has gained worldwide attention for a series of historic milestones. It...

Feature Company: UiPath

There's a robot for that... UiPath is a robotic process automation (RPA) software company that joined the Prime Unicorn Index in the quarterly reconstitution. The most recent round was led by Alkeon Capital Management; with participation from Accel, Coatue, Dragoneer,...