May Private Market Update
| Funding Date | Share Class | Amount Raised | Price per Share | Post-Money Valuation | Key Investors | |
|---|---|---|---|---|---|---|
| 01/16/2025 | Series D | $90MM | $xx.xx | $1.06B | Pavilion Capital, Point72 Ventures, Qualcomm Ventures | |
|
Price per Share
$xx.xx
Shares Outstanding
15,161,725
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
0.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Pavilion Capital, Point72 Ventures, Qualcomm Ventures
|
||||||
| 07/15/2021 | Series C | $150MM | $xx.xx | $786.68MM | M12, Point72 Ventures, Softbank | |
|
Price per Share
$xx.xx
Shares Outstanding
34,011,677
Liquidation Pref Order
2
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
0.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
M12, Point72 Ventures, Softbank
|
||||||
| 11/22/2019 | Series B-1 | $20.16MM | $xx.xx | $108.63MM | Undisclosed Investors | |
|
Price per Share
$xx.xx
Shares Outstanding
20,451,993
Liquidation Pref Order
2
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
0.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Undisclosed Investors
|
||||||
| 09/27/2018 | Series B | $21MM | $xx.xx | $99.38MM | M12, Point72 Ventures, Reliance Industries Limited | |
|
Price per Share
$xx.xx
Shares Outstanding
21,307,896
Liquidation Pref Order
2
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
0.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
M12, Point72 Ventures, Reliance Industries Limited
|
||||||
| 06/28/2016 | Series A | $18.12MM | $xx.xx | $40.27MM | Reliance Industries Limited | |
|
Price per Share
$xx.xx
Shares Outstanding
34,151,416
Liquidation Pref Order
3
Liquidation Pref As Multiplier
1.5x
Conversion Ratio
1.0x
Dividend Rate
0.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Reliance Industries Limited
|
||||||
The first quarter of 2025 delivered a wave of fresh unicorns in the private market. From generative AI to robotics and enterprise infrastructure, these five startups secured $1 billion-plus valuations, reflecting investors' continued appetite for transformative technology. Below are the standout unicorns from Q1 2025, also listed on Forge Global.
| Last Funding Round | ||||||||
|---|---|---|---|---|---|---|---|---|
| Company | Forge Price | Forge Price Change 5 | Last Closed Trade | Share Class | Post-Money Valuation | Price per Share | Amount Raised | |
 | Cargomatic | -- | -- | $xx.xx | Series C | $1.26B | $xx.xx | $300MM |
 | FLASH | -- | -- | $xx.xx | Series C-1 | $1.08B | $xx.xx | $229.39MM |
 | FlixBus | -- | -- | $xx.xx | Series G | -- | -- | -- |
 | Flywheel.io | -- | -- | $xx.xx | Series E | $130.5MM | $xx.xx | $20MM |
 | Radar | -- | -- | $xx.xx | Series C | $361.73MM | $xx.xx | $57.6MM |
 | Sibros | -- | -- | $xx.xx | Series B | $311.57MM | $xx.xx | $66.73MM |
 | Skyryse | -- | -- | $xx.xx | Series B | $549.86MM | $xx.xx | $182.95MM |
 | Sonatus | -- | -- | $xx.xx | Series A-2 | $325.12MM | $xx.xx | $75MM |
 | Stack AV | -- | -- | $xx.xx | -- | -- | -- | -- |
 | Uber Freight | -- | -- | $xx.xx | -- | -- | -- | -- |
Updated on: Apr 16, 2025
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