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>In 2009, Strava launched their combination fitness tracker and “proof of workout” social layer, indexed on interoperability with all 3rd-party hardware and software.</li><li>Sacra estimates that Strava hit $265M ARR in 2023 with 100 million users and a $1.5B valuation as of their $110M Series F in November 2020 led by TCV and Sequoia.</li><li>While the biggest social networks are seeing engagement decay as they skew more towards supernodes like celebrity and meme accounts, Strava’s proof of workout mechanism feeds more bottom-up organic participation.</li></ul>

In 2009, Strava launched their combination fitness tracker and “proof of workout” social layer, indexed on interoperability with all 3rd-party hardware and software.Sacra estimates that Strava hit $265M ARR in 2023 with 100 million users and a $1.5B valuation as of their $110M Series F in November 2020 led by TCV and Sequoia.While the biggest social networks are seeing engagement decay as they skew more towards supernodes like celebrity and meme accounts, Strava’s proof of workout mechanism feeds more bottom-up organic participation.

Strava: The $265M/year Whole Foods Of Social Networks