Private Markets, Angel and Secondary Investing, Sacra

Sacra

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 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 OpenAI hit $50B in annualized revenue in September 2026, up from $20B at the end of 2025.</li><li>On June 8, 2026, OpenAI filed confidentially with the SEC for an IPO targeting a valuation exceeding $1 trillion, with Goldman Sachs and Morgan Stanley leading the process.</li><li>OpenAI’s approximately $6.5B acquisition of io brought a dedicated hardware team into the company in July 2025, with Jony Ive and LoveFrom remaining independent design partners.</li></ul>

Sacra estimates that OpenAI hit $50B in annualized revenue in September 2026, up from $20B at the end of 2025.On June 8, 2026, OpenAI filed confidentially with the SEC for an IPO targeting a valuation exceeding $1 trillion, with Goldman Sachs and Morgan Stanley leading the process.OpenAI’s approximately $6.5B acquisition of io brought a dedicated hardware team into the company in July 2025, with Jony Ive and LoveFrom remaining independent design partners.

OpenAI

Primer: OpenAI - 09 Oct 2026