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 […]
Clari Preferred Shares Drop 47.5%
Clari, Inc. (FKA: Clarius Systems Inc.) is a provider of sales execution and forecasting solutions platform. Combining data science and bot-driven prescriptive insights, the Clari platform provides real-time visibility into the business forecasts and enables sales teams to navigate the critical opportunity-to-close (OTC) process. It is also a component of the Prime Unicorn Index, the […]
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 […]