Unicorn Brief

Social Finance Authorizes $784 Million Series H, Down Round

Social Finance put out a press release May 29 announcing they have closed over $500 million in equity financing led by Qatar Investment Authority (QIA). The Delaware filing uncovered by the Prime Unicorn Index shows they have authorized a new series of preferred...

DoorDash to raise $1 Billion

DoorDash authorized enough shares for a $1 Billion raise at a valuation of $12.6 billion, if all shares authorized are issued. The delivery service company is previously backed by Sequoia Capital, SoftBank, GIC Special Investments, Khosla Ventures, DST Global, and...

Cyber Security: Crowdstrike and Others in the Prime Unicorn Index

With Crowdstrike about to go public, we thought it would be interesting to look at a few companies in the Prime Unicorn Index that are in the same industry niche. We've compared 7 companies by valuation, investment amount, and price per share by round of financing....

Unity Software Ups Their Game With $125M Funding

Unity Software authorized enough shares for a $125 million raise at a valuation of $5.96 billion, if all shares authorized are issued. Unity provides a real-time 3D development platform and is previously backed by Thrive Capital Partners, DFJ Growth, Silver Lake...

Prime Unicorn Index: Q1 Trend Report

The Q1 Prime Unicorn Index Trend Report is an analysis of 116 components that comprised the Index in the first quarter of 2019. The Index includes both unicorns and “approaching unicorns,” which are private companies with a valuation of at least $500 million....

Prime Unicorn Index: 12 New Components Added, 4 Removed

The Prime Unicorn Index added 12 constituents and dropped 4 in its quarterly reconstitution, for a total of 124 index components for Q2 2019. Currently, we are tracking 124 U.S.-based private companies in the Index, with a median market cap of $1.01 billion. The...

Mars Is Getting Closer As SpaceX Lands Another $500 Million

SpaceX authorized enough shares for a $500 million raise at a valuation of $29 billion, if all shares authorized are issued. The rocket and spacecraft company was founded by Elon Musk in 2002 and has been making history ever since. SpaceX has gained worldwide...

Unicorns Startups: The Great Disruptors

Have unicorns startups become present day versions of IBM, GE, Bell Labs, GM and Walmart on steroids? In the days of old (pre-Amazon circa 1994), for these giants of industry, emphasis was on the bottom line and steady growth over many, many years. This strategy is in...

[White Paper] Private Equity Secondary Markets Demystified

In the last several years, the private equity secondary market has transitioned and the debate around liquidity has continued. Explore different views on the liquidity in the private markets as we study transaction costs and their impact in the secondary markets....

9 New York Companies Poised for an IPO

From software to exercise bikes, these 9 New York companies are poised for an IPO according to the Prime Unicorn Index. 1. Urban Compass, Inc. Description: Urban Compass develops a technology-driven real estate platform that enables agents and clients to streamline...

ezCater Just Ordered $150M Investment at $1B+ Valuation

ezCater authorized enough shares for a $150 million raise at a valuation of $1.294 billion, if all shares authorized are issued. The catering ordering service is previously backed by Insight Venture Partners, ICONIQ Capital, Wellington Management Company, and...

The RealReal is About to Be Our Next Unicorn

The RealReal authorized enough shares for a $70 million raise at a valuation of $1.06 billion, if all shares authorized are issued. The luxury consignment e-commerce company is previously backed by Great Hill Partners, Sandbridge Capital, PWP Growth Equity, Industry...

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