Caplight is the premier platform for Private Market Data & Trading, empowering institutional investors, shareholders, and brokers to navigate the pre-IPO asset class with unprecedented confidence.

We provide trade insights, historical pricing trends, and real-time market alerts, giving you the edge you need in today’s dynamic market.

Founded in 2021 by Javier Avalos and Justin Moore, Caplight has rapidly become the go-to source for pre-IPO market intelligence. Since launching in 2022, we've aggregated over US$300 billion of secondary market transactional data, offering unparalleled visibility into this traditionally opaque space.

Our core offering, MarketPrice, delivers price estimates for actively traded pre-IPO companies, alongside:

  • Primary round details
  • Secondary market data
  • Funding rounds
  • Investor information — all in one place

Connect and inquire on live Bid and Offer indications in the Pre-IPO asset class with our Live Market feature.

Caplight connects the pre-IPO secondary market by combining private equity transaction pricing data with a robust network of brokers.

Brokers contribute their valuable data in exchange for:

  • Access to our aggregated data platform
  • Powerful brokering tools

Institutional investors subscribe to gain access to:

  • Comprehensive private market transaction data
  • Valuation analysis tools

Caplight also enables investors to take long and short private company positions via synthetic, cash-settled derivatives.

For the first time in the private markets, investors can:

  • Hedge positions
  • Generate income on assets
  • Access true liquidity with public settlement-like mechanics

We serve a broad range of investors including:

  • Hedge funds
  • VC funds
  • Family offices
  • Pensions
  • Endowments
  • Mutual funds
  • Insurance firms

Caplight Markets LLC, a related entity and member of FINRA/SIPC, is registered with the SEC, FINRA, and multiple US states. Securities are offered by Caplight Markets LLC.