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 Partners, and Sequoia Capital to name a few. The most recent round, Series E, follows the $145 million raised for Series D-1 and $250 million raised for Series D valuing the company at $3.2 and $2.8 billion respectively. The terms surrounding the Series E include a pari passu liquidation with all other preferred, and conventional convertible meaning they will not participate with common stock if there are remaining proceeds. The most recent price per share is $22.00, an up round from Series D-1 at $12.08 per share.
Unity Software is currently a Prime Unicorn Index component. Here’s how they are currently tracking against the index:
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