The OPEN Unicorn Index is a capitalization-weighted index comprised of the largest 50 venture capital backed private companies domiciled in the United States.
The rise of unicorns has dominated private markets as companies stay private longer. Until now, investors have lacked appropriate benchmarks to measure the performance of these companies.
What sets our Index apart?
OPEN incorporates the latest secondary market data on a deal-by-deal basis into our pricing methodology. By using current secondary data, we are able to arrive at a more accurate market price than indices that utilize primary round data alone.