InvestX Markets, a private equity marketplace that empowers broker-dealers to invest in pre-IPO companies through single-issuer SPVs, multi-issuer funds and secondary market trading, has formed a new partnership with Caplight Technologies, to enhance data and improve price discovery through its trading platform, InvestX GEM.
InvestX Markets (InvestX), a private equity marketplace that empowers broker-dealers to invest in pre-IPO companies through single-issuer SPVs, multi-issuer funds and secondary market trading, has formed a new partnership with Caplight Technologies (Caplight), to enhance data and improve price discovery through its trading platform, InvestX GEM (Growth Equity Marketplace).
Through this partnership, InvestX aims to improve transparency and increase access to data in the private market space.
In January 2023, Caplight announced the release of Caplight Data, a tool for tracking venture-backed private company stock prices, valuations, and trading activity. Caplight Data offers a solution by providing users with access to a large and growing dataset of over 15,000 private company transactional data points, representing over $300 billion of volume, as well as over 20,000 investment fund marks of private company stock prices. Pricing information is currently available for over 450 late-stage private companies.
With deep industry expertise in the private market sector, InvestX enables family offices, large banks and sell-side firms – including broker-dealers, wealth management firms, RIAs, and financial advisors – to provide access to their clients and participate in private offerings before a company goes public. With this partnership, InvestX clients who trade in the secondary market can access historical pricing and data from Caplight’s consortium of market participants.
