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A clear view of late-stage venture capital markets

Morningstar PitchBook Global Unicorn Indexes

The growth and maturation of private markets has dramatically expanded the spectrum of opportunities for investors of all types. Unicorns, or late-stage venture capital-backed companies valued at $1 billion USD or more, have come to define the intersection of public and private markets.


Investors have lacked appropriate benchmarks tracking this rapidly growing market segment, until now.

Bringing unprecedented transparency and daily insights to an historically opaque asset class

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