One of the main criteria to tag companies in the Soonicorn Club is based on an official update about funding or valuation.

Unicorn & Soonicorn Event Date is the date of the funding event that increases the valuation of the company from one bracket to another. This change in valuation can result in the company being categorized as a Minicorn, Soonicorn, Unicorn, or Decacorn, depending on the specific valuation range that it falls within.

Unicorn & Soonicorn Club Event Date is also available as a filtering and sorting option in the Soonicorn Club (default sort option) and company database.