A data product buyers can
inspect before they trust it
Everything a buyer checks before procurement — coverage, sample access, provenance, delivery, and measured accuracy — on one page, with the misses left in.
Marketplace readiness
The practical questions a data marketplace or procurement team will ask first.
| Area | Current evidence | Buyer question |
|---|---|---|
| Coverage | 33 companies, 54 current-mark source references, median 1 sources per current mark. | Can I see exactly what the dataset covers before I buy? |
| Freshness | Every payload carries dataset_version 2026-06-14 and as_of 2026-06-10. Current release is illustrative / backtest, not live marks. | Can downstream systems know whether a value is current, historical, or backtest? |
| Provenance | Company pages expose source names, source URLs, event types, source quality, and included/excluded markers. | Can an analyst replay why a number exists? |
| Validation | 6 IPO validation rows across 2 scorecard periods; 9 published misses remain visible. | Does the vendor publish mistakes, sample sizes, and reliability metrics? |
| Delivery | HTTPS JSON API, copy-paste docs, stable error codes, rate-limit headers, and an Enterprise signed-resolution endpoint. | Can engineering evaluate the product without a sales call? |
| Controls | Supabase-gated entitlement, server-only Stripe webhook reconciliation, API key auth, append-only mark events, and no query-string API keys. | Is access controlled and audit-friendly? |
Data marketplace listing card
Concise fields that can be reused for marketplace intake, analyst review, and buyer comparison.
| Field | Answer |
|---|---|
| Product category | Private company valuation data API |
| Primary users | Fund CFOs, valuation committees, auditors, portfolio monitoring teams |
| Delivery method | HTTPS JSON API; signed resolution records on Enterprise |
| Sample access | Public company pages, API docs, Research tier checkout |
| Coverage geography | US-focused late-stage private companies in the current sample |
| Refresh statement | Dataset version and as_of date on every response; live marks are not published in this release |
| Redistribution | Restricted below Enterprise; Enterprise license supports redistribution terms |
| Compliance boundary | Information-only data product; no custody, brokerage, trading, or investment advice |
From public event to buyer-ready value
What keeps the product honest
The public coverage page lists the current universe, mark status, intervals, source counts, and staleness signals. Buyers can inspect the sample before subscribing.
Scorecards include observed interval coverage, Brier score, sample sizes, validation outcomes, and known misses. The page does not hide unfavorable cases.
API responses carry meta.data_mode, meta.provenance, meta.methodology_version, and meta.dataset_version so clients can enforce their own usage gates.
Spearhead is a non-custodial valuation data product. It does not offer trading, brokerage, custody, wallets, token issuance, or personalized investment advice.
95% interval note: latest observed coverage is 95.7% with n=47. Limited samples are labeled in payloads and UI where applicable.