Private Markets, Angel and Secondary Investing, Sacra

Sacra

Private Markets, Angel and Secondary Investing

Bringing transparency to private markets so investors, founders, and employees can build on conviction. Sacra delivers deeply researched insights on the private companies shaping tomorrow's markets. By surfacing the data, context, and operator perspective that are missing from private markets today, we help secondary buyers and sellers price equity accurately and unlock liquidity for the people building these businesses.

Private Capital Markets

<ul><li>Sacra estimates that Baseten hit $600M in annualized revenue in March 2026, up about 1,900% year-over-year and up from $200M in December 2025.</li><li>Baseten was valued at $13B following its $1.5B Series F led by Altimeter Capital, Conviction Partners, and Spark Capital in June 2026, with Sands Capital and Wellington Management as co-leads.</li><li>The workflow begins with Truss, a CLI tool where developers run `truss init`, add model code to `model.py`, configure settings in `config.yaml`, and push to Baseten.</li></ul>

Sacra estimates that Baseten hit $600M in annualized revenue in March 2026, up about 1,900% year-over-year and up from $200M in December 2025.Baseten was valued at $13B following its $1.5B Series F led by Altimeter Capital, Conviction Partners, and Spark Capital in June 2026, with Sands Capital and Wellington Management as co-leads.The workflow begins with Truss, a CLI tool where developers run `truss init`, add model code to `model.py`, configure settings in `config.yaml`, and push to Baseten.

<ul><li>Sacra estimates that Fireworks AI hit $800M in annualized revenue in May 2026, up from about $305M at the end of 2025.</li><li>Fireworks AI raised a $1.505B Series D in July 2026 at a $17.5B post-money valuation.</li><li>The customer base grew from roughly 1,000 companies at the time of the Series B to more than 10,000 companies by October 2025.</li></ul>

Sacra estimates that Fireworks AI hit $800M in annualized revenue in May 2026, up from about $305M at the end of 2025.Fireworks AI raised a $1.505B Series D in July 2026 at a $17.5B post-money valuation.The customer base grew from roughly 1,000 companies at the time of the Series B to more than 10,000 companies by October 2025.

United States

Platform for deploying and managing machine learning models efficiently and scalably

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Baseten (BASETEN US)

Primer: Baseten - 16 Jul 2026

Platform for deploying and managing machine learning models efficiently and scalably

Sacra

Primer: Fireworks AI - 16 Jul 2026

Cloud platform for running, tuning, and scaling open-source large language, vision, and multimodal models with low-latency inference

Sacra

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