Spect is a healthcare company using AI and hardware to screen for eye disease and support early detection of vision-threatening conditions. It was founded in 2017 and is based in Palo Alto, California.
Access to pre-IPO shares is available to accredited investors through UpMarket.
Latest Price
$365.21M
Series C-1, Sep 2023, Perplexity
UpMarket Estimate
$365M
Based on UpMarket valuation model
How to Invest in Spect Through UpMarket
Spect 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 Spect 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
Sep 2023
Series C-1
$7.53
$365.21M
Why Investors Are Watching Spect
Market Opportunity
Private tech deals keep drawing growth capital
Private equity investment in technology companies accounted for roughly 40% of total deal value, and tech now represents about one out of every three tech acquisitions, up from less than 10% a decade ago. The trend points to sustained appetite for private tech assets, especially VC-backed startups and high-growth verticals like fintech and healthtech.
Growth Signal
Catalyst backs mature tech firms with growth capital
Catalyst Investments says it partners with and provides growth capital to mature, disruptive technology companies. The firm positions itself as a private equity multi-fund platform focused on helping companies scale and reach their full potential.
Risk Factor
Private tech demand is still concentrated in select buyers
Private equity’s rise in tech M&A means founders and investors often rely on a narrower buyer base, which can affect pricing power and exit optionality. The same source notes firms are targeting both mature SaaS enterprises and small emerging verticals, showing capital is selective rather than broad-based.
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No. As of March 2026, Spect is a private company and does not trade on any public stock exchange. Accredited investors can access Spect shares through UpMarket, a FINRA-registered broker-dealer that specializes in pre-IPO investments.
Spect 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 Spect 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. Spect 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 $365M 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.
Spect uses AI and hardware to screen for eye disease and detect vision-threatening conditions early, and it was valued at $345M as private tech deals continue drawing growth capital. Accredited investors can access Spect stock through UpMarket.