About Lodestar

We are building the verified valuation rating infrastructure for private markets. Our mission is to bring transparency and rigor to private company valuations.

Mission

Why we exist

Private market valuations are broken. The current options are expensive black boxes (Big 4 firms), conflicted opinions (investment banks with financing relationships), or superficial data (market intelligence platforms without methodology).

CFOs, GCs, and fund managers need defensible valuations for tender offers, secondaries, and fund marks. They need to explain their numbers to boards, LPs, and auditors. They need more than a number — they need a traceable methodology.

Lodestar exists to provide that. Open methodology, confidential compute, and outcome calibration. Valuations you can defend.

Values

What we believe

Intellectual Honesty

We publish our methodology, track our outcomes, and admit when we are wrong.

Rigor Over Convenience

We take longer to be right rather than rushing to be first.

Operator Respect

We treat the companies we value as partners, not data sources.

Approach

How we are different

  • We publish our methodology. Every step from inputs to valuation is documented in the Lodestar Protocol.
  • We track outcomes. Every valuation we produce is compared against eventual outcomes when they occur.
  • We use confidential compute. Your data is processed in secure enclaves — we see outputs, not raw inputs.
  • We grade our inputs. Every data source is graded for reliability and recency.
  • We admit uncertainty. Confidence grades and ranges are core to every output.

Timeline

Our journey

2025
Company founded
2026 Q1
Protocol v0.1 published
2026 Q2
First Liquidity Memos delivered
2026 Q3
Portfolio Mark Support launches
2026 Q4
Backtest Note published

Team

Built by operators and analysts

Our team combines experience from venture capital, investment banking, and technology. We have been on both sides of valuation discussions and understand the frustrations firsthand.

We are a small team in Phase 0. As we grow, we will share more about who we are.

Want to learn more?

Read our protocol, explore the Crucible, or get in touch.