Navigate the Secondary Market With Confidence

Institutional-grade secondary pricing data and live order flow for secondary funds, VCs, shareholders, and brokers transacting in the pre-IPO asset class.

Caplight secondary market data shown across desktop and mobile — live orderbook, price chart, and recent trades

$10B+: secondary trade volume captured
500+: companies with secondary data
$3B+: live bid and offer volume

“Caplight is my preferred tool to understand what is happening in the venture capital secondary market”

Alex Sharata

Invaluable resources for navigating the private market

Trading

Connect with institutional buyers and sellers of hundreds of pre-IPO companies.

Company Data

Secondary pricing, funding round details, and cap table data.

Investor Data

Close deals faster and expand your investor base.

Live Market

Connect and inquire on live Bid and Offer indications on the largest network of institutional investors and brokers

Caplight Connect

Institutional Connectivity

Caplight Connect routes interest between buyers and sellers — anonymously, until both sides agree to talk. Instant Connect facilitates full trades on platform.

Caplight Connect modal showing a buyer and seller match with proposed terms

Coverage on every actively traded private name

Every closed trade, bid, offer, and fund mark — aggregated across the most active private companies and refreshed as new flow comes in. Filter in the UI, export to CSV, or pipe it straight into your stack via API.

Caplight trade history table with closed trades, bids, and offers — date, price, valuation, size, and structure

Caplight MarketPrice™

Track daily price movements with Caplight MarketPrice™

MarketPrice™ is our proprietary pricing tool — institutional-quality secondary market pricing for actively traded, venture-backed private companies. The model uses funding round pricing, trade data, order data, and other observable signals to predict secondary trades, funding rounds, and IPO pricing.

Learn more about MarketPrice

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DisclaimerAll investments involve risk, including the risk of loss of principal. You should carefully consider your investment objectives, risks, transaction costs and other expenses before deciding to invest in options, swaps or other investments.This does not constitute an offer by Caplight Technologies, Inc. to sell, or a solicitation of an offer to buy, any securities and may not be used or relied upon in connection with any offer or sale of securities. An offer or solicitation can be made only through the delivery of final offering document(s) and purchase agreement(s), and will be subject to the terms and conditions and risks delivered in such documents. Any securities offered are offered through Caplight Markets LLC, member FINRA/SIPC.