/ Institutional Access · Risk Index API · Q2 2026

Pre-IPO risk data, on tap.

The Round Z Pre-IPO Risk Index is the most comprehensive public-record-sourced rating system for U.S. pre-IPO companies. Now available as a RESTful API and bulk-export feed for institutional users — registered investment advisors, family offices, secondary-market brokers, insurance carriers, corporate development teams, and accredited journalists.

See Pricing Request Access
/ 01 · Use Cases

Who licenses the Risk Index.

The Index is purpose-built for institutions that underwrite, broker, advise on, or insure pre-IPO equity. Six primary buyer segments are active today:

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/ RIAs & Family Offices

Pre-IPO allocation discipline

Score governance, valuation, and disclosure risk inside your pre-IPO portfolio construction process. Reject or size-down positions in companies with declining grades. Real-time grade-change webhooks alert your investment committee within 7 days of material structural events.

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/ Secondary-Market Brokers

Transaction risk overlays

Embed grade displays in your customer-facing platform. Brokers using Forge, EquityZen, Hiive, and Nasdaq Private Market workflows can integrate the Risk Index as a standardized risk disclosure layer alongside transaction pricing.

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/ Insurance Carriers

D&O / E&O / Cyber underwriting

Underwrite directors' & officers' liability, securities-related E&O, and cyber insurance for pre-IPO companies and their officers. Tie premium pricing to Risk Index tier. Useful for both new policy issuance and book renewals.

📊
/ Corporate Development

M&A target diligence

Pre-screen acquisition targets across governance, valuation, and disclosure dimensions before launching formal diligence. Identify structural issues early; reduce deal-cycle waste.

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/ Asset Allocators

Late-stage venture risk modeling

Institutional asset allocators — pensions, endowments, sovereign funds — incorporate the Risk Index as a standardized risk overlay on late-stage venture allocations. Cross-fund risk-budget visibility.

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/ Media & Research

Industry reporting & analysis

Citable, methodology-published, peer-reviewable data for industry reporting, academic research, and investor-protection journalism. Discounted access for accredited journalists and non-profit research organizations.

/ 02 · API

RESTful simplicity.

Standard JSON over HTTPS. Authenticate with bearer token. Two primary endpoints — /v1/companies for the full index, /v1/companies/{slug} for a single company with subscores, regulatory events, and grade history.

Request

# Fetch a single company with full detail
curl -H "Authorization: Bearer $TOKEN" \
  https://api.roundz.com/v1/companies/stripe

# Or fetch the full index
curl -H "Authorization: Bearer $TOKEN" \
  https://api.roundz.com/v1/companies?sector=ai_models

# Subscribe to grade-change webhooks
curl -X POST -H "Authorization: Bearer $TOKEN" \
  https://api.roundz.com/v1/webhooks \
  -d '{"url":"https://you.com/webhook","events":["grade.changed"]}'

Response

{
  "slug": "stripe",
  "name": "Stripe",
  "sector": "fintech",
  "grade": "A-",
  "composite_score": 90,
  "risk_band": "excellent",
  "valuation": "$91.5B",
  "subscores": {
    "governance_risk": "A",
    "valuation_methodology": "A-",
    "secondary_liquidity": "A-",
    "financial_disclosure": "A-",
    "exit_probability": "B+"
  },
  "events": 4,
  "as_of": "2026-06-30",
  "next_refresh": "2026-09-30"
}

Bulk-export option: Daily CSV/Parquet feed with the full index, normalized subscores, and a 5-year historical archive. Used by data-science teams that prefer ingest pipelines over per-request API calls.

/ 03 · Pricing

Three tiers. Annual contracts.

All tiers include the full Risk Index, methodology documentation, quarterly refresh access, and editorial briefings on material grade changes. Volume and feature differences between tiers:

/ Tier 01

Research

$24K/yr
Read-only, single seat. For media, researchers, RIAs < $250M AUM.
  • Full Risk Index access (web + bulk CSV)
  • Quarterly refresh — automatic delivery
  • 5-year historical archive
  • Methodology & subscore breakdowns
  • Editorial briefings on material grade changes
  • 1 named seat · email support
Request Access
/ Tier 02

Institutional

$120K/yr
Full API + webhooks. RIAs $250M-$5B AUM, family offices, secondary brokers.
  • Everything in Research, plus:
  • RESTful API access (25,000 calls/day)
  • Grade-change webhooks (real-time)
  • Custom subscore extracts (filter by sector, region)
  • Quarterly analyst briefing call
  • 5 named seats · priority support · 99.9% SLA
Request Access
/ Tier 03

Enterprise

Custom
For RIAs > $5B, insurance carriers, sovereigns, corporate development.
  • Everything in Institutional, plus:
  • Unlimited API access
  • Portfolio-monitoring dashboard (custom)
  • Underwriting-overlay scorecard integration
  • Co-branded grade attestations (with approval)
  • Unlimited seats · dedicated CSM · 99.99% SLA
Contact Sales

Discounted pricing available for accredited journalists, academic researchers, and qualifying non-profit investor-protection organizations. Government and securities-regulator pricing on application.

/ Get Access

Request institutional access.

Tell us how you'd use the Risk Index. We'll respond within one business day with tier recommendation, contract terms, and integration timeline. Sales calls scheduled in < 24 hours for qualified institutional buyers.