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 Pleo generated $150M in revenue in 2025, up 33% from $113M in 2024.</li><li>Pleo&#39;s implied valuation has fallen from $4.7 billion in 2021 to approximately $1.7 billion as of mid-2026.</li><li>The company compounded ARR at a 65% CAGR from 2020 to 2025, reaching EUR 164 million ARR in Q4 2025.</li></ul>

Sacra estimates that Pleo generated $150M in revenue in 2025, up 33% from $113M in 2024.Pleo&#39;s implied valuation has fallen from $4.7 billion in 2021 to approximately $1.7 billion as of mid-2026.The company compounded ARR at a 65% CAGR from 2020 to 2025, reaching EUR 164 million ARR in Q4 2025.

Pleo

Primer: Pleo - 31 Jul 2026