ApeVue50 Index & Sectors 1Y Performance

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Most Active Names Performance

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ApeVue50 Privates versus Public Benchmarks/ETFs

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Public v. Private (12mo)

The ApeVue50 tracks the performance of the 50 most active private names observed in the secondary market. It is an equal-weighted index, rebalanced on a monthly basis.

This rebalancing of constituents over time gives way for more active names to participate in what we observe as "market performance," and in a more appropriate manner than static selections and weightings criteria.

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Stock Spotlight - Cribl

Sectors

Analytics Data SaaS

Headquarters

San Francisco, California, USA

CEO

Clint Sharp

Cribl is a company that specializes in helping businesses manage their data more effectively. As data amounts keep growing and budgets often remain the same, Cribl provides solutions that make it easier to handle this imbalance. They focus on giving businesses the power to control, choose, and adapt their data management strategies, helping them to use their resources wisely and get the most out of their data without stretching their budgets.

Latest News and Updates on Cribl

Splunk Jury Awards $1 for Software Copyright Win Over Cribl — Splunk sought $154.9 million from Cribl, but the San Francisco jury on Monday returned only $1 in damages for copyright infringement and breach of license. Click here to read more.

Cribl's Response to Splunk Lawsuit — Cribl's CEO has publicly criticized the lawsuit filed by Splunk as completely fabricated. Click here to read more.

Splunk vs. Cribl Lawsuit — Splunk has initiated a lawsuit against Cribl, accusing the latter of violating their partnership and enterprise license agreements. This legal battle over log management software is set to proceed to trial. Click here to read more.

Cribl's Revenue Milestone — Cribl has achieved over $100 million in annual recurring revenue in less than four years. Click here to read more.

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Cribl's Financial Data

Series D valuation is based on news.

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Cribl 180D

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Cribl 90D

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Cribl 30D

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Series D Valuation

2022-04-21
$2.5B

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Implied Valuation

2024-04-08
$2.91B

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Change Since Last Round

2022-04-21 → 2024-04-08

+16.59%

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Funding Round in USD

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Bid:Ask Volume Ratio

Cribl's total bid and ask volume increased from $51M in Q4 of 2023 to $76M in Q1 of 2024. During both quarters more than 65% of volume were on bid-side.

Bid:Ask Price Spread

ApeVue observed no difference in bid and ask price per share for Cribl in Q4 of 2023. During Q1 of 2024, the bid and ask spread was low at 6%.

Cribl and Private Comparables in the Data Sector

ApeVue highlights 12 active private companies within data sector as of April 08, 2024.

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Activity

Plot below shows top ten companies in terms of 90-day activity based on institutional level ($1M+) broker contributions as of April 08, 2024. Within data sector Databricks has the highest activity at 54. Cribl is moderately active with 10 contributions. Chronosphere, Helium and Redis are the least active.

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Change in Activity

Plot below displays change in average activity from the last 180-day window (October 12, 2023 until April 8, 2023) to the last 30-day window (March 3, 2024 until April 8, 2024). Average activity has increased for all companies. Airtable has the highest increase in average activity from 9 to 16. Cribl's average activity increased from 8 to 11.

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Change in ApeVue Valuation Since Last Funding Round

ApeVue's implied valuation is computed on April 8, 2024 and compared to company's latest funding round valuation. Rubrik's valuations have increased the most by 39% from their July 2021 corporate round at $4B, to $5.56B i.e. current ApeVue's implied valuation. On the other hand, Airtable's implied valuation has decreased the most by 71% from their latest December 2021 Series F at $11B, to ApeVue's current implied valuation at $3.17B. Cribl's current implied valuation is $2.91B, which is a 17% increase since its latest funding round at $2.5B.

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Change in Composite Price

Plot below illustrates change in composite price between April 1, 2024 and April 8, 2024. Cribl has the highest increase of 7%, whereas Tanium has the highest decrease of 18%.