Investor Highlights: Sequoia Capital (Part 1)
Sequoia Capital, founded in 1972, is a globally renowned venture capital firm recognized for its significant role in empowering transformative companies across various sectors, including technology, healthcare, and consumer services. With its headquarters in Menlo Park, California, and offices worldwide, Sequoia specializes in investments at every stage and is known for its founder-centric approach, focusing […]
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 […]
Instacart IPO Valuation: The Only Lower Price at the Grocery Store?
Maplebear Inc (dba Instacart) was founded a decade ago and introduced a new model for online grocery shopping and convenient home delivery. The company has been wildly successful and offers retail enablement solutions for more than 1,400 retail banners across more than 80,000 locations. After a Series A and Series B round in 2013 and […]
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 […]