Component Highlights: CaptivateIQ
In the competitive landscape of software companies, CaptivateIQ stands out as a notable component of the Prime Unicorn Index. 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 7.01% year to date and dropped 15.37% […]
IPOs in the Prime Unicorn Index
Yesterday, Instacart’s IPO marked the first public offering of a Prime Unicorn Index component in 18 months. Similar to Arm’s recent IPO, it appeared to be a success, with the stock opening at $42, 40% higher than the initial IPO price of $30, and closing at $33.70, up 12%. Under 8% of outstanding shares were […]
Databricks Raises New Series I Round
Databricks is the developer of an integrated analytics platform aimed at simplifying complex data analysis. The platform streamlines data amalgamation, enables real-time data investigation, offers interactive digital notebooks, and incorporates seamless workflows while ensuring enterprise-level security. By bringing together data science, engineering, and business operations, the platform enhances the efficiency, performance, and security for data […]
Databricks: What Lies Ahead
Databricks, the third-largest component of the Prime Unicorn Index, is the developer of an integrated analytics platform aimed at simplifying complex data analysis. The platform streamlines data amalgamation, enables real-time data investigation, offers interactive digital notebooks, and incorporates seamless workflows while ensuring enterprise-level security. By bringing together data science, engineering, and business operations, the platform […]
Mythical Games’ Paradoxical Rise
Mythical, Inc. (DBA: Mythical Games) is a next-generation game technology studio creating new gaming economies driven by player ownership. It is also a component in the Prime Unicorn Index benchmark, the standard bearer for private markets benchmarking. In November 2021, Mythical raised $150 million in a Series C Preferred round led by a16z, D1 Capital […]
AI in the Prime Unicorn Index (Part 2)
Yesterday, we covered some examples of AI-focused companies in the Prime Unicorn Index. Today, we will cover more examples of instances of AI in the Index. KoBold Metals Company (AKA: KoBold) utilizes AI technologies to drive the exploration of minerals pivotal to the progression of electric vehicles and renewable energy. The business’s sophisticated data platform […]
AI In The Prime Unicorn Index (Part 1)
Lately, many venture funds’ attention has turned to AI startups. For example, companies such as Salesforce have recently launched AI-specific funds, and VCs have been allocating more funds to generative AI, with as much as $2.1B dedicated to the space in 2022, a 425% jump since 2020. In addition, the launch of products such as ChatGPT has also […]
Investor Highlights: Kleiner Perkins (Part 2)
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 […]
Nomi Health Shares Up 7.86% Following LOEN Filing
Nomi Health, Inc. is rebuilding healthcare with services and technology solutions that allow easy access to quality, affordable care. It is also a component of the Prime Unicorn Index, the standard bearer for private markets benchmarking. Reflecting the broader private market, the Index is down 7% year-to-date. On August 18, 2023, Nomi Health filed a […]
Steering Through Uncertainty: Mapbox Authorizes Series E Round
Mapbox, Inc. is the leading real-time location platform for a new generation of location-aware businesses. Mapbox is the only platform that equips organizations with the complete set of tools to power the navigation of people, packages, and vehicles everywhere. It is also a component of the Prime Unicorn Index, the standard bearer for private markets […]