Private Market Valuation Infrastructure

The verified valuation rating infrastructure for private markets

Lodestar delivers defensible valuation ranges for tenders, secondaries, and fund marks. Built on open methodology, confidential compute, and outcome calibration.

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inputs_hash: sha256:7f83b162...9a4e3c2d|protocol_version: v0.1

Open Protocol

Every step from inputs to valuation is documented in the Lodestar Protocol. No black boxes.

Confidential Compute

Your data is processed in secure enclaves. We see the outputs, never the raw inputs.

Outcome Calibration

We track predicted vs. actual exit valuations and publish the results.

Valuation Passport

One valuation record. Different views for every stakeholder.

A Lodestar Passport is a permissioned URL for a specific valuation run. Founders, buyers, fund managers, auditors, counsel, and partners see different evidence views, all tied to the same protocol version, source map, conflict log, and challenge history.

Role-scoped views
Evidence challenge log
Protocol version and input hash
Access, redaction, and outcome audit trail

Permissioned evidence object

Acme Systems valuation run

Founder / board

lodestar.finance/acme/board-4f91

Memo, source-grade summary, caveats, and board-ready valuation bridge.

Buyer

lodestar.finance/acme/buyer-82ad

Redacted evidence map, downside case, capital-stack treatment, and challenge log.

Auditor / fund

lodestar.finance/acme/audit-19c7

Protocol version, source freshness, mark-support trail, and workpaper-ready history.

The URL locates the Passport. Identity, role, expiration, and disclosure policy decide what opens.

Platform

The daily-cadence core. One verified infrastructure.

Issuer Vault refreshes daily inside the Crucible. The Liquidity Memo lands in 10 business days. Pulse cascades market signal. Each product is built on the Lodestar Protocol, with full traceability from inputs to valuation range.

Q3 2026

Issuer Vault

Daily continuous valuation. Stripe / QuickBooks / Plaid / Gusto / Carta flow into the Crucible; Verified Value recomputes daily.

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Live

Liquidity Memo

10-business-day per-engagement deliverable for tender / secondary / mark / board moments.

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Q4 2026

Lodestar Pulse

Daily market-signal feed. Tracks competitor transactions, sector events, news. Cascades under the asymmetric impact rule.

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Compared to

At an unoccupied intersection.

Bloomberg, the NRSROs, PitchBook, PM Insights / MSCI, FEV Analytics, and the Big 4 each serve a different layer. Lodestar sits at the intersection none of them cover: private-equity, methodology-first, confidential-by-design, hybrid subscriber-plus-engagement, daily-cadence with cascade audit trail.

BloombergNRSROPitchBookPM Insights / MSCIFEV AnalyticsBig 4Lodestar
Asset class
Public + private
Debt
Private equity
Pre-IPO equity
PE / PC / RE / Infra
All
Private equity, methodology-first
Buyer
All
All
Investor
Investor
Allocator (esp. 401(k))
All
Issuer + fund + buyer + counsel + auditor
Methodology open
Confidential compute
Outcome calibration
Periodic
One case study
Immutable, hash-anchored
Issuer-permissioned
Debt
Per-engagement
Equity
Daily cadence
Per-engagement memos
Capital-stack waterfall
Partial
Partial
Falsification tests

PM Insights (now part of MSCI) gives investors observed secondary-trade data. FEV Analytics gives allocators AI-native daily marks. Neither serves the issuer; neither publishes methodology; neither ships confidential compute. Lodestar is the layer that does.

Roadmap

Building the full-stack valuation infrastructure.

Phase-tagged build sequence. Live products today; Issuer Vault, Pulse, Index, Trust Mark, Diligence Room, Council, and API rolling forward through 2028.

Phase 0

Live

Phase 1

Q3 2026

Phase 1

Q4 2026

Phase 2

Q1 2027

Phase 3

2027

Phase 4

2028
View pricing

Process

From inquiry to verified valuation

01

Intake

Company shares financials via Issuer Vault under cryptographic access controls.

02

Analysis

Three-lens valuation: comparable transactions, multiples framework, scenario modeling.

03

Review

Adversarial review and sensitivity analysis by independent analysts.

04

Delivery

Verified memo with inputs hash, methodology citation, and confidence grade.

Honest pre-launch

Where Lodestar is right now.

We are in Phase 0 with our pilot customers. We are not promising you a 10-year track record. We are showing you our methodology, our backtest plan, our failure analyses, and our customer commitments. When we have 50+ resolved outcomes per cohort, the calibration report will be published. Until then — attack the protocol.

  • Protocol v0.1Live

    Open methodology, hash-anchored, falsifiable

  • Pilot customersLive

    5 paid pilots in flight

  • SOC 2 Type IIIn progress

    Audit underway

  • Backtest NoteScheduled

    Publishes Q3 2026

  • Crucible engineeringScheduled

    Q3-Q4 2026 (Mode 1)

  • Cohort calibrationScheduled

    Gated on 50+ outcomes / cohort

Ready to see Lodestar in action?

Request a demo to see how Lodestar can support your next tender, secondary, or fund mark.

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