Rent The Runway Could Be Our Next Unicorn

Rent The Runway authorized enough shares for a $125 million raise at a valuation of $1 billion, if all shares authorized are issued. The designer rental site is previously backed by Blue Pool Capital, Bain Capital Venture Partners, Highland Capital Partners, TCV, and Kleiner Perkins Caufield & Byers to name a few. The most recent [...]

Lyft Wins the Race, Files S-1 Before Uber

We have all been patiently waiting for the IPOs to kick off this year, and Lyft has won the race by filing their S-1. Here's how they are currently tracking against the Index: The Prime Unicorn Index provides a unique opportunity for institutional investors  to access a fair representation of the private markets where they [...]

Medallia Aims to Raise $70 Million

Medallia authorized enough shares for a $70 million raise at a valuation of $1.7 billion, if all shares authorized are issued. The customer experience management (CEM) Softwware-as-a-Service company is previously backed by Sequoia Capital. The most recent round, Series F, follows the $157 million raised back in 2015-2016 that valued the company at $1.2 billion. [...]

Lime Authorizes Enough Shares for a $400M Round, Valuation Jumps to $2B

Neutron Holdings (DBA: Lime) just filed an Amended and Restated Certificate of Incorporation on 1/24/2019 authorizing enough shares of Series D/D-1 for a potential $400M round of financing. If all shares authorized in the round are issued it increases their post-money valuation to $2B, quite a jump from their previous post-money valuation of $1.14B. The [...]