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 Shovels hit $3M in annual recurring revenue (ARR) in August 2026, up from $1.5M at the end of 2025.</li><li>Shovels raised a $5M seed round led by Base10 Partners in June 2025, bringing total reported funding to $6.5M.</li><li>Shovels is expanding from a permit database into a horizontal public-data intelligence platform for the built environment, with opportunities across new data products, customer segments, and geographic coverage.</li></ul>

Sacra estimates that Shovels hit $3M in annual recurring revenue (ARR) in August 2026, up from $1.5M at the end of 2025.Shovels raised a $5M seed round led by Base10 Partners in June 2025, bringing total reported funding to $6.5M.Shovels is expanding from a permit database into a horizontal public-data intelligence platform for the built environment, with opportunities across new data products, customer segments, and geographic coverage.

Shovels

Primer: Shovels - 01 Sep 2026