Late-stage private markets, measured before the public index trade
Arcent Capital
Arcent builds institutional benchmarks and private-market strategies for the world’s leading venture-backed companies. The Arcent Unicorn Top 15 Index tracks the largest private unicorns by market value, rebalanced monthly.
Arcent Unicorn Top 15 Index
A rules-based benchmark for the largest private unicorns.
The index ranks eligible late-stage private companies by market value every month. The top 15 remain in the index; companies that fall below the threshold are removed. The result is a concise, repeatable view of mega-unicorn concentration, rotation, and public-market readiness.
Monthly market-value ranking
Top 15 constituents retained
Bottom-ranked names removed
IPO and material-risk events reviewed
Index Performance
Top 15 exposure captured the private-market repricing cycle.
Index values rebased to 100 on 2023-01-01. Figures are based on the compiled index files in the Arcent project folder.
SpaceX Case Study
Pre-IPO price discovery became public-market value.
UpMarket participated in SpaceX at an estimated valuation of approximately $1.25T. SpaceX priced its IPO around $1.77T and reached roughly $2.66T in reported market value near 2026-06-16. The case illustrates how executable private-market entry points can precede public-market repricing.
Current Constituents
Fifteen companies define the current mega-unicorn basket.
As of 2026-06-16. Constituents are shown in current index rank order.
Institutional Framework
From individual access to portfolio discipline.
Arcent combines index research with executable private-market sourcing. The framework is designed to help qualified investors evaluate late-stage private assets without relying on single-company narratives.
Benchmark
Monthly Top 15 ranking, performance history, drawdown and volatility monitoring.
Price discovery
Integration of financing rounds, secondary transactions, firm bid/ask data and valuation confidence.
Strategy design
Active private-market strategies benchmarked against a transparent unicorn index.
Investor Relations
Request the index methodology and investor materials.
This site is for institutional, professional, and qualified investors only. Arcent Unicorn Top 15 Index is a research and benchmark tool, not a directly investable product. Pre-IPO and private secondary investments involve limited disclosure, transfer restrictions, illiquidity, valuation uncertainty, execution risk, fees, tax complexity, and potential loss of capital. Historical index performance and case studies do not guarantee future results.