/01One Integrated SystemDryft transforms your firm into a living intelligence system/02End-to-End WorkflowA valuation is not a single task, it is an ongoing journey/03AI That Knows ValuationSay hello to your new associate/04Built for the Way You WorkMove your team forward with the latest in purpose-built AI
The Dryft PlatformEnd-to-end infrastructure for regulated valuations.Explore the platform→
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Domain-specific AI for valuation

Auditable AI for Private Market Valuations

Enable your valuation team with an end-to-end platform purpose-built for the complexity of regulated valuations.

DKWorkspaceEngagementsPurchase BiosciencesDRAFTSep 30, 2026 · ASC 820 Valuation · Version 1AnalyticsMark as DoneExportSummaryCapitalizationComparablesEquity ValueAllocationDLOMStock valuation SummarySeries C Preferred$9.00Fair value per share — no DLOM appliedCommon Equity Value$3.7525% DLOM — from $5.00 pre-DLOMFully Diluted Ownership (%)35,000,000Fully Diluted SharesCommon Stock - 40%Series A Preferred - 20%Series B Preferred - 17%Series C Preferred - 14%Common Stock Options - 9%Fair Value by Share ClassPer share valuesOPM AnalysisValue ConclusionSeries C Preferred$9.00$9.00Series B Preferred$7.21$7.21Series A Preferred$5.35$5.35Valuation InputsTotal Equity Value$190,500,000as of September 10, 2026MethodBacksolveDLOM25%Weighting100%Target ClassSeries C PreferredAnalysis typeASC 820Volatility (%)88%
Compliance-oriented design

Built for the standards that are moving the industry forward

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Domain-specific AI for valuation

Say hello to your new associate

Dryft brings AI, purpose-built workflows and a domain-specific knowledge layer together in one platform. Your valuation team is now equipped with modern tools to deliver high-quality work faster, while keeping every decision traceable and defensible.

Who it’s for

Built for every side of the valuation

Whether you deliver valuations to clients or mark your own fund’s portfolio, Dryft gives your team a defensible foundation.

Valuation Firms

Move your team forward with the latest in purpose-built Valuation AI all under one platform.

Explore Dryft for Valuation Firms→
DK
Engagement #: 2026-0412
PPurchase Biosciences — ASC 820Client
SummaryCapitalizationComparablesAllocationDLOM
Series C SPA.pdfCap Table Q3.xlsx
Please run Backsolve to Series C price on the documents attached.
Active engagementsShared evidence and models for this client
Q3 Portfolio — Halcyon
ASC 820 — Orbital Labs

Fund Valuation

Modernize and automate your portfolio equity marks with the latest in purpose-built Valuation AI.

Explore Dryft for In-House Teams→
DK
Portfolio Positions
Dryft refreshed 14 positions since your last review.
26Marks ready to review
9Assigned to you
PositionStatusDryft summary
Equip Bio · Series CBioTech · Backsolve
In reviewMark ↑ 4.2% vs. Q2
Orbital Labs · Series BPharma · OPM
DraftingDrafting memo…
Halcyon Robotics · SAFEIndustrials · PWERM
In reviewComps refreshed

Valuation,
Reimagined.

Agentic AssociateDryft

A collaborator that surfaces inconsistencies, proposes assumptions with reasoning, resolves data conflicts, answers questions in context and modifies the work.

Document intelligenceWorkflows

Dryft extracts and structures data from documents, spreadsheets and reports in any format, while surfacing discrepancies for senior review.

Anchored in real dataKnowledge

Dryft surfaces answers, spots patterns and makes sense of data in seconds while staying current with the latest regulatory guidance and your internal preferences

Traceable by designSourced

Dryft preserves the source, the reasoning and the version behind every value, every assumption and every calculation.

Dryft AssociateReviewing Purchase Biosciences · ASC 820Why is volatility set at 88%?The comparable set median is 72%. Two outliers(BioGen, Kairo) were inflating the values.PROPOSED ASSUMPTIONVolatility88%72%↗ Comps p. 3↗ Firm guideline 4.2Apply changeAppliedReviewLogged to audit trail · v1.2Ask about or modify any assumption…PDFSeries B SPA.pdfEXTRACTED TERMSFIELDVALUESRCLiquidation pref.1.0xp. 4Dividend8.0% cum.p. 7Conversion1 : 1p. 12Discrepancy flaggedCap table shows 1.5x · reviewRegulatory guidanceAICPA · ASC 820Firm preferencesMethodology rulesLive market dataComparable CompaniesPrior engagementsPrecedent selectionsAnswer supported by 4 sourcesPDFSeries C SPA.pdfScanning…3 provisions cited1Series A 8.0% Cumulative Dividends2Series B 1x Liquidation Preference3All Preferred Non-Participating
How Dryft works

From source documents to defensible value

Every valuation benefits from the platform: documents in, models calibrated to firm standards and an audit-ready conclusion out.

dryftVALUATION PLATFORMCOMMON · 40%SERIES A · 20%SERIES B · 17%SERIES C · 14%BREAKPOINTSOPM BACKSOLVEFINANCIALSCHARTER DOCSCAP TABLEBOARD APPROVALASC 820 REPORT

Why valuation teams use Dryft

Regulators are demanding more, stakeholders are applying more pressure and the deadlines are not moving. Dryft is how leading valuation teams meet all three expectations at once.

01

Firm-level consistency

When methodology preferences and assumption selections are configured at the firm level, every valuation reflects your standards.

02

Superior quality standard

The audit trail, provenance chain and version history are built into every valuation. No more reconstructing reasoning from memory and notes.

03

No more bottlenecks

With routine work absorbed by the platform, your team produces well-documented, supportable valuations far faster than the industry standard.

04

Institutional memory, built in

Selections and rationale are preserved, so your firm's knowledge persists through staff turnover and new hires ramp on real precedent.

The Dryft platform

Built by the people who do this work

Our team has spent careers inside the firms that set the standard for regulated valuation. Dryft is the platform we always wanted and could never find on the market.

Financial professionals collaborating

The infrastructure you have been waiting for

Private market valuations are changing fast. Dryft gives you the foundation to keep pace, built on firm-level standards, live market data and a complete audit trail.

Firm-level consistency

Methodology preferences and assumption selections configured once, reflected in every valuation.

Connected to market data

A cloud-based connection brings market information into your work in seconds.

Audit trail

Every decision, override, and calculation preserved across engagements, staff turnover, and years of regulatory scrutiny.

Customer voices

What our users are saying

/01 — 03
“This solves a real pain point in extracting complex portfolio data that we need in our models. It democratizes the ability to do so across all our associates.”
“We have to stand before auditors and authorities with confidence that the results are correct, and Dryft allows us to do so.”
“Incredible how it understands nuanced legal documents to construct breakpoints and option pricing models.”
Valuation AssociateAlternative Investment Fund
PartnerValuation Firm
Head of Complex SecuritiesBig 4 Valuation
Book A Demo →
Hours → minutesDocument cross-referencing
100%Of values traced to source
BreakpointsConstructed from legal documents
Every associateCan extract complex client data
Full audit trailReasoning and versions preserved
Option pricingModels built with full context