Caplight Technologies Raises $16M in Series A Funding Round

The company plans to use the funding to strengthen its position in venture secondary market data and expand its private market data platform. It will also invest in improving AI-powered research and transaction workflows.

According to Caplight, the venture capital market has grown to more than $12 trillion over the past three years, creating demand for better private market infrastructure and data.

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Caplight brings private market data and investing tools together on one platform. It provides access to over 100,000 company and investor profiles, $4 trillion in funding round data, more than $300 billion in proprietary secondary market data, and over $5 billion in daily transaction activity. Its customers manage more than $52 trillion in assets and use the platform through web applications, APIs, and MCP servers.

BlackRock has joined as a strategic investor to support the company's efforts to improve transparency, data access, and liquidity in private markets. The investment also creates opportunities for future collaboration with BlackRock's private markets and technology platforms, including Aladdin and Preqin.

"With private markets becoming a growing part of portfolios, investors are increasingly demanding better data, transparency, and efficient secondary market infrastructure," said Kunal Khara, Senior Managing Director and Global Head of Aladdin Product at BlackRock. "We believe Caplight is well positioned to serve these evolving client needs and are excited to support the company as it continues to scale its business."

"Transparency unlocks private markets for institutional investors," said Javier Avalos, CEO of Caplight. "We give the world's best investors the data they need to understand the venture market and the infrastructure to participate in it. In an age where proprietary data is at a premium, we're proud to be their source of truth."

About Caplight

Founded in 2021 by Javier Avalos and Justin Moore, San Francisco-based Caplight builds data and transaction infrastructure for the venture capital industry. Its platform combines proprietary private market data with a marketplace that helps investors and broker-dealers buy and sell private company shares through the secondary market.

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