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From Class Structure to Common Stock: The Corporate Overhaul The most striking change in Relativity Space’s most recent certificate of incorporation (COI), filed on March 10, 2025, is the complete elimination of the company’s previous dual-class structure. The 2023 filing showed a complex capitalization with Class A and Class B

This week brought significant developments for several Prime Unicorn Index components, with major fundraising rounds and IPO preparations. Here’s a look at the latest updates: CoreWeave Prepares for a Potential $4 Billion IPO CoreWeave, the AI-focused cloud provider backed by Nvidia, is gearing up for a possible IPO that could

In today’s dynamic private market landscape, accurate and transparent valuation metrics have never been more crucial. The Prime Unicorn 30 Index stands as a cornerstone for measuring the performance of the leading private companies, built on principles of verifiability, transparency, and deep market expertise. A Foundation of Accuracy The Prime

Anthropic, one of OpenAI’s biggest competitors, is making waves again with its latest funding round. According to recent reports, the AI startup is in talks to raise $2 billion at a $60 billion valuation, with Lightspeed Venture Partners leading the round​. This would cement Anthropic as the fifth most valuable

ServiceTitan (NYSE: TTAN), a Prime Unicorn Index component, makes its public debut today at $71 per share, raising $625M and valuing the company at $6.3B. While this pricing came in above the expected range of $65-67, there’s an interesting detail in its 2022 financing that impacts the final economics. What

It’s been a busy week for Prime Unicorn Index components, with significant investments, acquisitions, tender offers, and IPO preparations. Here’s a look at the latest developments. Amazon’s $4 Billion Investment in Anthropic On November 22, Amazon announced an additional $4 billion investment in Anthropic, the third largest component of the

The Prime Unicorn Index has recently shown more signs of recovery, with Lightmatter raising a $400 Series D, components making acquisitions, and multiple valuation bumps following secondary transactions. Let’s take a look. Lightmatter’s Series D On October 16, Lightmatter announced that it had raised a $400 million Series D round

Anthropic has taken significant strides with its computer-use agent, an advanced AI feature that allows its Claude model to perform tasks directly on users’ screens. This feature enables Claude to interact with various applications, using screenshots to decide and execute actions such as moving cursors, clicking, and typing. This functionality

This week marks the quarterly reconstitution of both the Composite and Top 30 Indexes. Let’s take a look and see what’s changed. In the Top 30 Index, Navan fell below the threshold and was removed following a secondary transaction. It is still a component of the Composite Index. It was

It’s been a busy week for Prime Unicorn Index components. Form Energy raised a $405 million Series F, Hinge Health is preparing to file confidentially for a public offering, and many companies saw secondary market activity. Plus, Fidelity raised its first venture fund. Let’s take a look. On October 9,