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 Beehiiv hit $30M in annualized revenue in June 2025, up from $19.8M in December 2024.</li><li>About 33% of Beehiiv’s revenue—~$10M annualized as of June 2025—now comes from its Ad Network.</li><li>Beehiiv and Kit focus on direct list growth and downstream monetization, while Substack has gone middle-of-funnel.</li></ul>

Sacra estimates Beehiiv hit $30M in annualized revenue in June 2025, up from $19.8M in December 2024.About 33% of Beehiiv’s revenue—~$10M annualized as of June 2025—now comes from its Ad Network.Beehiiv and Kit focus on direct list growth and downstream monetization, while Substack has gone middle-of-funnel.

Beehiiv

Beehiiv At $30M/year