Hazy is a synthetic data company that helps enterprises create privacy-preserving data for analytics and model training. Its platform is used in regulated sectors like finance, healthcare, and insurance. In 2024, SAS acquired Hazy’s principal software assets.
Access to pre-IPO shares is available to accredited investors through UpMarket.
Latest Price
How to Invest in Hazy Through UpMarket
Hazy shares are not on public exchanges. UpMarket provides accredited investors access through secondary market transactions.
Step 01
Verify accredited investor status
Confirm eligibility under SEC Rule 501 of Regulation D. Income or net worth threshold applies.
Step 02
Create an UpMarket account
Complete KYC/AML onboarding. Typically 1–2 business days. Licensed rep assigned on signup.
Step 03
Review available Hazy offerings
Full offering memoranda and risk disclosures provided before any commitment is required.
Step 04
Complete subscription documents
Review and sign subscription agreement. All documents handled digitally through the platform.
Step 05
Fund your investment
Wire transfer or ACH. $50K minimum. Funds held in custodial account until close.
Pre-IPO investments are illiquid, speculative, and involve risk of total loss of capital.
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Valuation Growth Over Time
Post-money valuation by round
Previous roundsMost recent
Date
Round
PPS (split-adj.)
Valuation
May 2021
Series B
Why Investors Are Watching Hazy
Risk Factor
Private-tech investing still faces sticky exit markets
Buyouts Insider says private equity firms are operating amid persistently sticky exit market conditions and tepid valuations. It also notes the AI investment thesis remains “often-hazy,” underscoring uncertainty in private tech underwriting.
Team & Talent
General Catalyst backs founders with operating teams
General Catalyst describes itself as a transformation company that partners with ambitious entrepreneurs and embeds operational teams inside portfolio companies. That model can accelerate execution for private tech firms building toward scale.
Market Opportunity
Silicon Catalyst works with 500-plus investors
Silicon Catalyst says it actively works with over 500 investors to fund seed-stage and growth-stage companies in its accelerator. That broad capital network signals continued investor demand for private technology opportunities.
Interested in Hazy stock? Fill out the form above or sign up directly. Subject to availability. Accredited investors only.
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No. As of March 2026, Hazy is a private company and does not trade on any public stock exchange. Accredited investors can access Hazy shares through UpMarket, a FINRA-registered broker-dealer that specializes in pre-IPO investments.
Hazy does not have a public stock price because it is privately held. The most recent known share price comes from its last funding round. Pre-IPO share prices on the secondary market may differ from the last round price depending on supply, demand, and market conditions.
Yes. Accredited investors can indicate interest in Hazy shares through UpMarket by filling out the form on this page or creating an account at upmarket.co. All pre-IPO offerings are subject to availability and require a $50,000 minimum investment. UpMarket is a FINRA-registered broker-dealer and has brokered alternative investments since 2019.
Pre-IPO investments carry significant risks. Hazy shares are illiquid, meaning there is no public market to sell them quickly. There is no guaranteed exit timeline or return. The investment is speculative in nature, and investors should be prepared for the possibility of total loss. Valuations of private companies can fluctuate substantially between funding rounds. Investors should consult their financial advisor and review all offering documents before investing.
In a pre-IPO transaction, accredited investors purchase shares from existing shareholders (such as employees, early investors, or other holders) through secondary market platforms. The company itself does not issue new shares in these transactions. UpMarket facilitates these trades as a FINRA-registered broker-dealer, handling compliance, documentation, and settlement on behalf of both parties.
There are two primary exit paths for pre-IPO holdings: selling your shares on the secondary market to another buyer, or holding until the company completes an IPO or is acquired. Both paths are subject to transfer restrictions, company approval (right of first refusal), and market conditions. The timing of any exit is unpredictable, and investors should plan for a multi-year holding period.
The minimum investment for most pre-IPO offerings on UpMarket is $50,000. This amount may vary depending on the specific offering and share availability. There are no fees to create an UpMarket account or browse available investments. Investors only pay transaction-related fees when they complete an investment.
UpMarket's valuation estimate of is derived from a proprietary model that incorporates multiple data sources: funding round data (Caplight), revenue estimates (Sacra), secondary market pricing, and public company comparables. The model applies a private company discount to the public comp multiple to account for illiquidity and information asymmetry. This estimate is not investment advice and may differ substantially from the price at which shares actually trade.
Hazy generated $2.9M in 2024 ARR as a synthetic data platform enabling privacy-preserving analytics and model training for regulated enterprises, with SAS’s 2024 acquisition creating a clear path to liquidity in a still-sticky private exit market — accredited investors can access Hazy stock through UpMarket.