ApeVue, a capital markets data company, has launched the first independent, daily pricing data service for pre-IPO stocks.
The service provides daily prices for around 100 non-public companies, including well known unicorns like SpaceX, Impossible Foods and Epic Games, as well as less visible, but significant companies like Addepar, Chime and Discord.
ApeVue uses observable market information, including transactions, bid and offer data and funding details, in its service. The pricing mechanism is objective, transparent, auditable and resembles methodologies standard in other markets such as syndicated loans, structured credit, bonds and derivatives.