Caplight has closed a $16 million Series A led by BlackRock and Fin Capital, with strategic participation from UBS Investment Bank. The round extends its lead in venture secondary data and fuels expansion across private market data and agentic workflows for research and transactions.
Caplight is building data and transaction infrastructure for venture capital. The platform combines proprietary private company data with a marketplace that connects investors and broker-dealers for secondary market liquidity. The company was founded by Javier Avalos and Justin Moore in 2021, and is based in San Francisco.
Caplight’s data shows VC has tripled into a $12+ trillion asset class in three years, outpacing the infrastructure built to navigate it. Caplight unifies private markets data and investing in one platform: 100,000 company and investor profiles, $4 trillion in funding round data, $300+ billion in proprietary secondary data, and $5+ billion in daily live transaction flow. Customers collectively manage over $52 trillion in assets and access Caplight via platform, API, and MCP server.
BlackRock joins as a strategic investor, supporting the company’s mission to improve private market transparency, data infrastructure, and secondary market liquidity. The investment establishes a framework for future collaboration across BlackRock’s private markets and technology ecosystem, including Aladdin and Preqin.
Fin Capital, a leading fintech-focused investor and longtime Caplight backer, led the round alongside BlackRock. New investor LEAP Global Partners co-led. UBS Investment Bank joined as a strategic investor. Existing backers DB1 Ventures, the corporate venture arm of Deutsche Börse Group, Better Tomorrow Ventures, Clocktower Ventures, and Dash Fund increased their positions.