Artificial Intelligence Fintech News

Caplight Awarded Patent for AI-Powered Pricing Feed To Improve Private Market Transparency

Caplight Awarded Patent for AI-Powered Pricing Feed To Improve Private Market Transparency

Caplight Technologies, an innovator in private market data and trading infrastructure, announced the issuance of a patent by the United States Patent and Trademark Office protecting Caplight’s proprietary method for estimating private company stock prices using secondary market transaction data.

U.S. Patent No. 12,243,130 B2, titled “Data Interpolation Platform for Generating Predictive and Interpolated Pricing Data,” grants Caplight exclusive rights to a proprietary method for estimating private company prices and valuations that includes aggregating private market data, generating price estimates, and visualizing them through an interactive interface.

Catch more Fintech Insights : The Fintech-Banking Fusion: Navigating Risks and Opportunities

The patented technology powers Caplight MarketPriceTM and is used by private company investors, shareholders, and brokers to understand market-clearing price levels. “Lack of liquidity is one of the biggest challenges the venture capital ecosystem faces today. Accurate and timely pricing data is necessary for venture capital investors to make better-informed liquidity decisions,” said Javier Avalos, Co-Founder and Chief Executive Officer.

The issuance of this patent underscores Caplight’s commitment to advancing private markets through technology innovation. “We’re proud to be on the cutting edge of making venture capital more liquid. The technology covered by this patent removes an information asymmetry that prevented participants from accessing the secondary market previously,” said Justin Moore, Co-founder and Chief Technology Officer.

Read More on Fintech : AI in Financial Services: Priorities and Trends for Leadership

[To share your insights with us, please write to psen@itechseries.com ] 

Related posts

Mphasis Included In 2022 Gartner Market Guide For US Healthcare Payers’ Core Administrative Processing Solutions

Fintech News Desk

Schneider Expands TriumphPay Relationship to Include Invoice Processing and Joins Payments Network

Fintech News Desk

MoneyGram’s Momentum Continues with Eighth Consecutive Month of Triple-Digit Cross-Border Transaction Growth in its Direct-to-Consumer Digital Business, MoneyGram Online

Fintech News Desk
1