Instacart’s IPO- Is the IPO Market Heating Up?
It’s no secret that the IPO market has grown relatively stagnant. However, there are signs that this trend may be coming to an end. Last Friday, it was reported that Maplebear, Inc. (DBA: Instacart) is targeting an IPO as soon as September. This was a huge announcement, given that the company has considered an IPO […]
Truepill’s Share Price Tumbles 93.7%
Truepill (FKA: Postmeds), a Prime Unicorn Index component that provides a pharmacy API and fulfillment of medications for companies such as Hims and GoodRx, has recently authorized a Series E round that would drop its share price by 93.7%. Prior to this upcoming round, Truepill raised around $255 million, most recently through a $142 million […]
In Need of Cash ASAP? ASAPP Authorizes Series D Down Round
The Prime Unicorn Index benchmark, the standard bearer for private markets benchmarking, tracks post-money valuations for U.S-based, VC-backed private companies. Reflecting the broader private market, the Index is down 6.92% year to date. ASAPP, Inc. builds AI-Native® products to solve large, complex, data-rich problems by automating and augmenting human workflows, radically improving efficiency and effectiveness […]
Investor Highlights: Kleiner Perkins (Part 1)
Established in 1972, Kleiner Perkins operates as a venture capital company from its Menlo Park, California headquarters. They have a keen interest in funding businesses at various stages, from seed to late-stage. Their investment interests span sectors such as business and consumer products and services, financial services, healthcare, IT, SaaS, manufacturing, life sciences, TMT, B2B […]
Abnormal Security Eyes IPO
According to Reuters, Abnormal Security, a component of the Prime Unicorn Index, appears to be preparing for an IPO. Abnormal Security’s cloud email security platform protects enterprises from targeted email attacks. Powered by Abnormal Behavior Technology (ABX), the platform combines the Abnormal Identity Model, the Abnormal Relationship Graph, and Abnormal Content Analysis to stop attacks […]
Lacework Sees a Significant Drop in Common Share Price in July 2023
Lacework, Inc. has developed a Cloud Security Platform that addresses the speed, scale, and automation of the cloud. The platform’s technology backbone combines active cloud resource monitoring, advanced analytics, and smart visualization. It is also a component in the Prime Unicorn Index benchmark, the standard bearer for private markets benchmarking. Lacework raised $1.3 billion in […]
Is Nuro in Trouble?
The Prime Unicorn Index benchmark, the standard bearer for private markets benchmarking, tracks post-money valuations for U.S-based, VC-backed private companies. Reflecting the broader private market, the Index is down 6.72% year to date. As we have covered over the past few weeks, many companies have recently been forced to raise down rounds, while many are […]
On The Horizon: Somatus Authorizes a Series F Round
The Prime Unicorn Index benchmark, the standard bearer for private markets benchmarking, tracks post-money valuations for U.S-based, VC-backed private companies. Reflecting the broader private market, the Index is down 6.72% year to date. On June 29, Somatus, a component of the Prime Unicorn Index, authorized a Series F preferred round at $1,106.27 per share. Somatus […]
From Rockets to Brains: Elon Musk’s Neuralink Raises $280M in a Series D Round
The Prime Unicorn Index benchmark, the standard bearer for private markets benchmarking, tracks post-money valuations for U.S-based, VC-backed private companies. Reflecting the broader private market, the Index is down 6.72% year to date. On August 1st, Neuralink, one of the hottest companies in the Prime Unicorn Index, authorized a Series D preferred round at $19.03 […]
Atmosphere TV’s Ascent to Unicorn Status
The Prime Unicorn Index benchmark, the standard bearer for private markets benchmarking, tracks post-money valuations for U.S-based, VC-backed private companies. Reflecting the broader private market, the Index is down 6.79% year to date. Last week, we covered recent down rounds among components of the Prime Unicorn Index, showcasing the gloomy outlook in the private markets. […]