The data behind this list comes from Dakota Marketplace, the global private markets intelligence platform used by thousands of investment professionals to research LPs, GPs, and private companies. Built by fundraisers for fundraisers, Dakota Marketplace delivers complete, accurate, and daily-updated intelligence across every allocator channel, from family offices and RIAs to sovereign wealth funds and public pensions. Learn More | Book a Demo
Tracking when private companies are nearing a sale, recap, or financing event has always been a guessing game. With thousands of sponsor-backed firms spread across sectors and geographies, most deal teams are forced to react after the market moves.
Investors, bankers, and service providers struggle to know which private companies are gearing up for a transaction or capital raise. Signals are scattered, opaque, and nearly impossible to track across thousands of PE- and VC-backed businesses.
Dakota centralizes those signals (holding periods, funding rounds, platform acquisition dates, ownership changes, and exit timing patterns) into one predictive transaction-readiness tool. Instead of waiting for headlines, users can see which companies are showing the strongest likelihood of pursuing a sale, recapitalization, or new financing before the market knows.
Below is today’s list of five PE- or VC-backed companies that, based on their hold period, financing stage, and last transaction date, appear to be credible candidates for a sale or next-round raise.
Nothing is guaranteed, but these companies fall squarely within the timing windows where sponsors typically look to generate liquidity or secure additional capital.
Sourced from Dakota Sponsor Backed Companies.
1. AirMDR
AirMDR is a cybersecurity company specializing in AI-powered Managed Detection and Response (MDR) services. Their platform leverages artificial intelligence to automate over 80% of routine security tasks, enabling faster and more efficient threat detection and response. AirMDR primarily serves small and medium-sized enterprises (SMBs) and Managed Security Service Providers (MSSPs), offering solutions that enhance security operations without the need for extensive in-house resources.
- Sector: Information Technology
- Last known transaction date: Seed Venture, $15.5M, July 2025
- Why timing suggests a near-term transaction: A $15.5M seed round in July 2025 is a relatively large seed raise for a cybersecurity managed detection and response company, providing roughly 18 months of runway, but in the competitive MDR space where security operations talent, threat intelligence infrastructure, and enterprise customer acquisition drive elevated burn — placing AirMDR in the active fundraising window for a Series A by late 2026 to early 2027 as it looks to demonstrate customer growth, threat detection efficacy metrics, and the recurring revenue traction that institutional cybersecurity investors require.
View all private company data in Dakota Marketplace.
2. Tandem App Inc.
Tandem App Inc. is a Paris-based company specializing in AI-driven solutions that enhance user engagement and product adoption. Their flagship product, an AI copilot, integrates directly into applications to assist users in complex setups, feature utilization, and product discovery, thereby improving user success and reducing support costs. The company is led by CEO & co-founder Christophe Barre.
- Sector: Technology
- Last known transaction date: Seed Venture, $3.8M, July 2025
- Why timing suggests a near-term transaction: A $3.8M seed round in July 2025 provides a lean 12–15 month runway for a communication services company, where platform development, user acquisition, and content infrastructure costs drive steady burn — suggesting Tandem is very likely already in active fundraising conversations for a Series A and could be seeking to close a round by mid-to-late 2026 before runway constraints become critical.
View all private company data in Dakota Marketplace.
3. Actithera
Actithera is a biotechnology company specializing in the development of innovative radioligand therapies (RLTs) for cancer treatment. By conjugating radioactive isotopes to specifically designed molecules, Actithera aims to deliver targeted radiation directly to tumor cells, thereby minimizing damage to healthy tissues. Their proprietary chemistry enhances tumor retention and reduces off-target effects, potentially improving patient outcomes and quality of life. Headquartered in Oslo, Norway and Cambridge, Mass., the company is led by founder and CEO Dr. Andreas Goutopoulos, who brings over 25 years of pharmaceutical and biotech industry experience.
- Sector: Health Care
- Last known funding round: Series A Venture, $75.5M, July 2025
- Why timing suggests a near-term transaction: A $75.5M Series A in July 2025 is a substantial raise for a healthcare company, providing roughly 24–36 months of runway, but the elevated costs of clinical development, regulatory approval processes, and manufacturing scale-up in the therapeutics space accelerate burn — placing Actithera in the active fundraising window for a Series B by late 2026 to mid-2027 as key clinical milestones and early efficacy data from the Series A period provide the proof points needed to attract larger growth-stage biotech investors.
View all private company data in Dakota Marketplace.
4. Chai Bisket
Chai Bisket is a Hyderabad-based media and entertainment company specializing in film, news, and entertainment media. Founded in 2015, it has developed a strong presence in the Telugu-speaking community by producing and curating content that resonates with regional audiences.
- Sector: Communication Services
- Last known funding round: Seed Venture, $5M, July 2025
- Why timing suggests a near-term transaction: A $5M seed round in July 2025 provides a lean 12–18 month runway for a communication services company, where content development, platform infrastructure, and user acquisition costs drive steady burn — placing Chai Bisket in the active fundraising window for a Series A by late 2026 as it looks to demonstrate user growth, engagement metrics, and the monetization traction that institutional Series A investors require.
View all private company data in Dakota Marketplace.
5. Novenda Technologies
Novenda Technologies specializes in multi-material 3D printing solutions tailored for dental and medical technology applications, utilizing material jetting technology to produce high-precision, customized products.
- Sector: Industrials
- Last known funding round: Series A Venture, $6.1M, July 2025
- Why timing suggests a near-term transaction: A $6.1M Series A in July 2025 is a lean raise for an industrials company, providing a tight 12–18 month runway given hardware development, enterprise sales cycles, and customer deployment costs — placing Novenda Technologies squarely in the active fundraising window for a Series B by late 2026 as it looks to demonstrate commercial deployments, recurring revenue growth, and the operational traction that growth-stage industrial technology investors require.
View all private company data in Dakota Marketplace.
Use Dakota’s Sponsor Backed Company Intelligence to Spot Likely Exits Before the Market Does
Dakota’s private company data gives you a real-time view into thousands of sponsor-backed companies, including platform acquisition dates, funding rounds, parent sponsors, add-on activity, and sector categorization.
Instead of guessing where companies are in their lifecycle, you can instantly identify which ones are approaching the typical timing windows for a sale or recap.
Fully integrated into Dakota Marketplace, this dataset enables deal sourcers, investor relations teams, and allocators to anticipate transactions, build targeted outreach lists, and stay ahead of market announcements, every single day.
To explore more companies likely to transact, book a demo of Dakota Marketplace!
