Caplight Technologies, a San Francisco, CA-based company that enables investors to hedge, generate income or take long and short positions on private company stock using structured products and synthetics, raised $3m in funding.
The round was led by Deutsche Börse Group. With this raise, Caplight has now raised $10m, including a $5m seed round led by Better Tomorrow Ventures that was completed in January of 2022. Other investors include Fin Capital, Susquehanna Private Equity Investments, LLLP, and Clocktower Ventures.
The company intends to use the funds to expand operations and its business reach.
Led by CEO Javier Avalos, Caplight provides a platform that offers investors the ability to make long and short directional investments on venture-backed private company stock using proprietary financial products and price discovery tools. Investors utilize the platform for the purpose of hedging, income generation, shorting, or investment strategies on private company stock.
Caplight completed the first ever call option on private company stock earlier this year and will explore collaboration opportunities with the global derivatives exchange Eurex, a wholly owned subsidiary of Deutsche Börse, to bring structured pre-IPO investment products to the global financial markets.
FinSMEs
25/10/2022