Economic Intelligence Brief No. 5
What's Your Company Worth?
Valuation benchmarks by company age and revenue stage.
$10.0M — overall median valuation cap
Summary
What is a private company actually worth at a crowdfunding raise? This brief benchmarks valuations by the two levers that matter most — age and revenue.
Key findings
- Overall median valuation cap: $10.0M.
- Startup (<3 yrs) $8.1M vs established (≥3 yrs) $15.0M — about 1.85x.
- Crossing into revenue adds ~30% ($9.0M pre → $11.7M post).
- Based on 5,422 funded equity offerings with a disclosed cap.
Frequently asked questions
What is the typical Reg CF valuation cap?
The overall median is $10.0M, based on 5,422 funded equity offerings with a disclosed cap.
How much does age and revenue matter?
Established companies (≥3 years) command $15.0M vs $8.1M for startups (<3 years) — about 1.85x. Crossing into revenue adds roughly 30% ($9.0M pre to $11.7M post).
Audience
Issuers · advisors · valuation research
About this brief
Published by CCLEAR.ai. Anchored to public SEC EDGAR filings and hand-verified against a locked data snapshot. CCLEAR is a data publisher, not an investment adviser; figures describe market activity, not investment outcomes or advice.
What's Your Company Worth? · CCLEAR Research Library · License the data · Commission research
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- The Main Street Barometer — Retail investor sentiment and participation, tracked over a decade.
- A Market Comes of Age — A decade of valuation and capital-structure trends.
- Innovation Geography — How startup capital is decentralizing across the country.
- Built to Last — Survival rates of crowdfunded companies vs. national baselines.
- The $42.5 Billion Engine — The economic output generated by Reg CF companies.
- The First Two Weeks — How a campaign's first 14 days predict its final raise.
- The CrowdFinance Index — A daily, rules-based index of the crowdfunding market.
- The Crowdfunding Genome — America's top-30 startup-crowdfunding ecosystems, ranked.
- After the Raise — What happens to companies after they crowdfund.
- The Language of the Raise — NLP on 6,800 pitches — the words that move money.
- What Capital Costs — The cost and structure of crowdfunding capital by instrument.
- Regulation Crowdfunding by Congressional District: A Report Card — A rolling, district-by-district scorecard of Reg CF activity across all 435 U.S. House districts.
- Marked Up — How valuations grow when companies crowdfund again, and the paper markup that creates.
- The Exit File: Sales, Mergers & Public Listings of U.S. Regulation Crowdfunding Companies — Crowdfunded companies are exiting — $6.1B in sales, mergers and public listings in just fourteen months.