Blog

Data. Insights. Reports. New Funding. Oh my.

Tiger Global’s Investments in the Prime Unicorn Index

Tiger Global Management, the prominent investment firm founded by Chase Coleman, has gained attention for its aggressive venture capital investing in recent years. The firm has backed numerous high-growth technology companies, including 44 Prime Unicorn Index components, across sectors like software, consumer, healthcare, and more. In this post, we’ll highlight

Read More »

GrubMarket Authorizes Series G Round

On February 26, 2024, GrubMarket, a Prime Unicorn Index component, authorized a new Series G round at $22.79 PPPS. This is a 59% increase from its Series F price of $14.34, valuing the company at $3.07 billion on a pre-money valuation basis. GrubMarket is a food tech/eCommerce company that provides

Read More »

Freenome Raises $254 Million Down Round

Freenome, a Prime Unicorn Index component once valued at $2.6 billion, recently raised a $254 million Series F down round. Freenome is a biotechnology company specializing in developing blood tests for early cancer detection. Using artificial intelligence and advanced genomics, Freenome aims to identify cancerous cells in the bloodstream early,

Read More »

Bolt to Buy Back Shares at 97% Markdown

Bolt Financial (DBA: Bolt), a Prime Unicorn Index component last valued at $9.2B, is planning to buy back shares from its investors at a $300 million valuation, a significant markdown from its last fundraising round in January 2022, according to The Information. Bolt is an e-commerce technology company that focuses

Read More »

Inari Raises $103 Million Series F Round

In January, Inari authorized a Series F flat round, which we covered here. Now, the company has announced a $103 million raise, bumping its valuation to $1.7B.  “These investments represent further external validation of Inari’s innovative technology and confidence in our creation of significant economic and environmental value by delivering

Read More »

IPO Update: Unicorns Gearing up for 2024 IPOs

Overview In September, we highlighted several Prime Unicorn Index components poised for IPOs. Now, two of these companies, Rubrik and Astera Labs, are moving toward their public debuts in the coming months. This update will look at both of these companies and the implications this could have on the IPO

Read More »

Anthropic Authorizes Series D: Share Price Jumps 167%

Earlier this week, we introduced Anthropic as a new component of the Prime Unicorn Index. Just recently, the AI giant has filed a new COI that authorized a Series D round at $30 per preferred share, a significant increase in share price from its Series C preferred price of $11.54.

Read More »

Anthropic Joins the Prime Unicorn Index

Anthropic, PBC, one of the newest components of the Prime Unicorn Index for Q1 2024, is an artificial intelligence (AI) company founded by former members of OpenAI. The company develops general AI systems and large language models with a focus on ethical principles. One of its notable products is Claude,

Read More »

Introducing Lightmatter to the Prime Unicorn Index

Overview Lightmatter, one of the newest components of the Prime Unicorn Index for Q1 2024, is making waves in photonic computing. The company is focused on developing light-powered chips to accelerate AI’s computation capabilities. By leveraging light for computing, Lightmatter aims to address the growing demand for more efficient and

Read More »

Q1 2024 Reconstitution Update

This week, the Prime Unicorn Index underwent its quarterly Reconstitution. In this post, we will highlight changes to the index components. The Prime Unicorn Index is the standard bearer for private markets benchmarking. Reflecting the broader private market, the Index is down 7.09% over the last year. Following Q1 2024’s

Read More »