Morningstar PitchBook US Unicorn 100

What it tracks

The Morningstar PitchBook US Unicorn 100 Index tracks the largest privately held, late-stage venture capital-backed US companies with post-money valuations of at least $1 billion. Index constituents are derived from PitchBook’s database of venture capital-backed companies, and the index methodology employs a proprietary three-factor pricing model to estimate daily valuations. The indexes deliver timely insights and unprecedented transparency into the performance and behavior of the 100 largest US unicorns.

The hundred largest US unicorns. The broadest of these indexes for a US reader, and the one whose constituents overlap most with the companies PrePost already values.

Run by Morningstar Indexes, built with PitchBook. PrePost has no relationship with the provider and is not paid to list this index.

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How the index is built

What is in it

Named constituents as of August 31, 2026.

Membership as the index provider published it on this date. PrePost shows which companies are in the index, not their weights.

Verified means a full PrePost profile with sourced figures. Listed means the company is named here because a benchmark we track names it; PrePost has published no figure for it and does not rank it.

The provider lists “Figure” with no further identifier. At least two unicorns use the name: Figure AI, which PrePost tracks, and Figure Technologies. PrePost does not publish an inference as a fact.

Vehicles that track it

None that PrePost tracks. That does not mean none exists: a product can track an index without PrePost having verified it, and PrePost lists a vehicle only once it can source what the vehicle is and what it holds.

Sources

• Morningstar Indexes — index detail page (read September 19, 2026)
• Morningstar Indexes — index holdings, membership only (read September 19, 2026)

An index is not an investment. Tracking one costs money and the product that tracks it may not hold what the index holds. This page describes the index, not any product, and is not investment advice.