Key Takeaways
- • Caplight closed a $16 million Series A led by BlackRock and Fin Capital, with UBS Investment Bank participating as a strategic investor, positioning the company to expand its private market data and infrastructure platform.
- • BlackRock established a framework for future collaboration across its private markets and technology ecosystem, including integration with Aladdin and Preqin, signaling institutional commitment to private market transparency and secondary market liquidity.
- • Caplight's platform consolidates comprehensive private markets data: 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 serving customers managing over $52 trillion in assets collectively.
- • The funding addresses significant infrastructure gaps in a rapidly expanding asset class, as venture capital has tripled to a $12+ trillion asset class in three years, outpacing the supporting data infrastructure institutional investors require.
- • Caplight enables multiple access pathways for institutional investors—via platform, API, and MCP server—reflecting the company's strategy to embed private market data and agentic workflows across research and transaction workflows.
Summary
Caplight Technologies has secured $16 million in Series A funding led by BlackRock and Fin Capital, with strategic participation from UBS Investment Bank. The capital infusion reflects growing institutional demand for consolidated private markets data infrastructure and secondary market transparency. Caplight was founded in 2021 to provide institutional investors access to private company information, enabling hedging strategies, income generation, and long/short positioning across the venture ecosystem.
The platform aggregates proprietary datasets critical for institutional decision-making: 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. Caplight's customer base collectively manages over $52 trillion in assets and accesses the platform through multiple channels—native platform, API integration, and MCP server architecture—reflecting institutional preferences for embedded data workflows.
BlackRock's participation signals strategic alignment beyond capital deployment. According to Kunal Khara, Senior Managing Director and Global Head of Aladdin Product at BlackRock, the investment establishes a framework for future collaboration across BlackRock's private markets and technology ecosystem, specifically including Aladdin and Preqin integration. This positions Caplight as a potential data infrastructure layer supporting BlackRock's institutional private markets operations.
CEO Javier Avalos framed the funding within a broader market context: venture capital has tripled to exceed $12 trillion in assets over three years, yet supporting infrastructure has not kept pace. Caplight positions itself as a "source of truth" for institutional investors seeking to understand venture market dynamics and access secondary market liquidity. The capital will fuel expansion in private market data coverage and development of agentic workflows designed to automate research and transaction processes across institutional investor workflows.
The platform aggregates proprietary datasets critical for institutional decision-making: 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. Caplight's customer base collectively manages over $52 trillion in assets and accesses the platform through multiple channels—native platform, API integration, and MCP server architecture—reflecting institutional preferences for embedded data workflows.
BlackRock's participation signals strategic alignment beyond capital deployment. According to Kunal Khara, Senior Managing Director and Global Head of Aladdin Product at BlackRock, the investment establishes a framework for future collaboration across BlackRock's private markets and technology ecosystem, specifically including Aladdin and Preqin integration. This positions Caplight as a potential data infrastructure layer supporting BlackRock's institutional private markets operations.
CEO Javier Avalos framed the funding within a broader market context: venture capital has tripled to exceed $12 trillion in assets over three years, yet supporting infrastructure has not kept pace. Caplight positions itself as a "source of truth" for institutional investors seeking to understand venture market dynamics and access secondary market liquidity. The capital will fuel expansion in private market data coverage and development of agentic workflows designed to automate research and transaction processes across institutional investor workflows.
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