A company joins the index when it was once valued at $1 billion or more and a later reported event puts it below that line. Each entry is one good-faith reading as of the date shown on its page.
Reached a verified private valuation or post-listing market cap of $1B+ at some point.
A reported shutdown, sale, public market cap, or institutional mark puts it under.
From its most recent reported qualifying event, with primary source and date.
Monitored and updated as new filings, marks, acquisitions, and court dockets arrive.
Reported operational shutdown, liquidation, or wind-down in bankruptcy or insolvency. Companies that reorganized out of Chapter 11 and continue operating are placed in Markdown, Acquired, or Public < $1B by their post-restructuring status.
Reported acquisition in a transaction valuing the business below $1B. (Asset sales of specific products are clearly distinguished from whole-company transactions).
Publicly traded, with a reported market capitalization below $1B across primary stock exchanges.
Still private, but an institutional investor's SEC Form NPORT-P filing or a reported priced down-round values it below $1B. These marks reflect specific share classes, not whole-company valuations.
03
Where the numbers come from
- Press reports of funding rounds, M&A transactions, shutdowns, and regulatory filings.
- Public SEC filings, including mutual-fund fair-value marks on Form NPORT-P for private companies.
- Disclosed Investors: Verified Crunchbase funding records matched by corporate domain (443 of 444 companies). Lists describe historical participation, not current ownership or investor losses.
- Not used: Proprietary secondary-marketplace data or unverified broker bids.
04
Capital raised & raised per day
Where data exists, a company page shows the reported total raised and an average per day from founding to the bankruptcy or shutdown date. Partial dates are approximated.
What it measures: Raised per day is a fundraising rate. It is not operating cash burn, money spent, or investor losses.
05
Valuation marks & share classes
- Private vs. Public Peaks: The index tracks peak post-money private round valuations; for entities that peaked post-IPO or post-SPAC, public market cap peaks are explicitly annotated (*).
- Form NPORT-P Marks: Institutional fund marks (BlackRock, Fidelity, T. Rowe Price) are reported under ASC 820 fair-value standards. Marks are only comparable over time within one single-fund, single-share-class track.
- Down-Round Confirmation: Private startups qualify for Markdown status only upon documented priced rounds or institutional NPORT-P marks below $1B.
06
Corrections & Governance
Spotted an error, corporate change, or missing former unicorn? Email hello@unitard.io.
- Press & company verification requests are fast-tracked within 24 hours during release windows (standard SLA: 3 business days).
- Material updates, restructurings, and status changes are formally logged in the index revision history.
- Independence: Unitard.io is an independent editorial project published by Common Parlance, Inc.; the company and its principals hold no short positions in any listed security and sell no commercial software or advisory services.
Complete raw data files (CSV), charts, and verification ledger, licensed CC BY 4.0 (investor columns excluded), at unitard.io/press.