What is Minicorn?
A Minicorn is a startup company that has reached a valuation between $100 million and $1 billion. It means the company has grown significantly and attracted investor confidence but has not yet reached the $1 billion valuation needed to become a Unicorn. Minicorns are considered promising startups that have strong growth potential and may become Unicorns in the future.
Can I export the list of Minicorns and Soonicorns?
Yes. The page provides an Export option that allows users to download the Minicorn and Soonicorn list for further analysis or reporting.
How can I stay updated on new Minicorns and Soonicorns?
You can follow companies or set up saved searches and alerts to receive updates whenever there are changes in funding, valuation, or status.
How the Soonicorn Club Gets Updated?
The Soonicorn Club is updated on an ongoing basis, there is no fixed cadence. Updates are triggered by changes in key business metrics:
New funding rounds
Valuation changes (up or down)
Revenue growth milestones
Significant media coverage or market developments
Companies in the Soonicorn Club can be upgraded or downgraded based on their performance.
Upgrade Example: A Minicorn closes a Series B round and its valuation crosses $200M. It also confirm strong revenue and employee growth. The company is upgraded to Soonicorn
status.
Downgrade Example: A Soonicorn raises a down round, with its valuation falling from $400M to $60M. Combined with declining revenue signals, it is downgraded to Minicorn or removed from the club entirely.
You can track all rating changes in the List of Soonicorns and Minicorns created section on the platform.
What is the difference between Latest Unicorn or Soonicorn Status and Event Date?
You can refine the list of companies using two filters - Latest Unicorn & Soonicorn Status and Latest Unicorn & Soonicorn Event Date. The status filter lets you select companies based on their current classification, such as Minicorn, Soonicorn, Unicorn, or companies that are no longer part of the X-corn category. The event date filter allows you to narrow down results based on when a company most recently achieved or changed its status. You can either choose from predefined time ranges or set a custom date range to analyze companies within a specific timeframe.