Prime Unicorn Index IPO Pipeline
Our latest report highlights the exciting IPO pipeline within the Prime Unicorn Index, showcasing the potential of some of our component companies. Despite market challenges, firms like Databricks, Navan, ServiceTitan, Cerebras, and CoreWeave appear to be preparing for public offerings, demonstrating robust fundamentals and substantial investment interest. Download the full report to gain insights into […]
Veho Tech To Lose Its Horn?
On June 19th, 2024, an Employee Plan Exemption Notice went into effect after being filed by Veho Tech, Inc., a Prime Unicorn Index component, back in February. The price per share offered to employees of $4.78 is a 50.2% decrease from the $9.60 per share offered in their previous filing back in 2022, indicating a […]
Anduril Industries Authorizes Series F Up Round
On June 26th, 2024, Anduril Industries, a Prime Unicorn Index and Prime Unicorn 30 component, filed an updated certificate of incorporation authorizing a new Series F round at $21.74 PPPS, a 31.6% increase from the Series E price of $16.52. The round will be co-led by The Founders Fund and Sands Capital, the former having […]
Cerebras Systems Files For IPO And Authorizes Discounted Series F-1
Initially reported by The Information on June 20th, 2024, using data and filings provided by the Prime Unicorn Index, Cerebras Systems Inc. has discreetly filed for an initial public offering with securities regulators. This follows the June 6th filing of an updated certificate of incorporation which authorized a new Series F-1 round at $14.66 PPPS, a […]
Cityblock Health Authorizes Series X Stock at a Steep Discount
On June 18, 2024, Cityblock Health, Inc. authorized a new Series X stock, priced significantly lower than its previous Series D stock. Cityblock Health is a tech-driven healthcare provider that delivers comprehensive, personalized care to underserved urban populations. Founded in 2017 as a spinoff of Alphabet’s Sidewalk Labs, Cityblock leverages data and technology to address […]
Harness Acquires Split & Authorizes New Junior Preferred Round
On June 12, 2024, Prime Unicorn Index component Harness announced it had completed an acquisition of Split Software, a leading feature management and experimentation provider. Harness claims that, following the acquisition, “businesses will no longer need to purchase single-point solutions to meet their end-to-end software delivery requirements.” Harness is a software delivery platform that automates […]
The Venture Mindset Newsletter #8
Index Update: Latest News on Top 30 Companies
SpaceX’s Fourth Starship Launch is a Success (June 6th, 2024) SpaceX launched their Starship rocket out of southern Texas on Thursday, marking the first successful launch and reentry for the reusable rocket. The previous three flight tests had ended in explosions, but this time the booster landed safely in the Gulf of Mexico while the […]
Roofstock Merges With Mynd, Offers Steep Discount On Series MM Round
On May 31st, 2024, Roofstock, a Prime Unicorn Index Component last valued at $1.8 billion, authorized a new Series MM round at $9.12 PPPS, which marks a 69.07% decrease from the Series E price of $29.49. This comes along with a June 3rd announcement of a merger with Mynd, another tech-enabled company in the real […]
Databricks, Anthropic Make Big Moves
Over the past few weeks, Prime Unicorn Index component Anthropic has made multiple significant moves, hiring former Airbnb and Fanatic executive Krishna Rao as CFO and Mike Krieger, co-founder of Instagram, as Chief Product Officer. As previously reported, Anthropic has closed funding deals worth about $7.3 billion in the past year, and its recent deal […]