/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→
Platform/01Security/02Company/03Log In/04
The Dryft platform

One Platform, Complete Workflow

Auditable AI, purpose-built workflows, domain-specific knowledge layer and a complete audit trail, all working together as a single platform.

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%
Domain-specific AI for valuation

One Integrated System

Dryft transforms your firm into a living intelligence system. It connects data, context and knowledge for actionable insights and more powerful valuation delivery.

Document Intelligence/01Market Data/02Firm Configuration/03Agentic Collaboration/04Version & Audit/05Regulatory Standards/06
/01

Document Intelligence

Extract, classify and reconcile data from the full range of source materials in any format.

/02

Market data connectivity

Trusted data providers bring the highest‑quality financial information to the platform.

/03

Firm-level configuration

Encode the firm's methodology and preferred standards once at the platform level.

/04

Agentic collaboration

Your AI understands the data, the assumptions and the history to answer questions and defend reasoning.

/05

Version and audit control

Preserve the change history and assumption rationale as an immutable part of the engagement record.

/06

Regulatory Standards

Up to date with the latest guidance and regulatory standards.

End-to-End, Workflow

A valuation is not a single task, it is an ongoing journey that moves from raw information to defensible judgment. It is part art, part science and fundamental to decision-making.

01INPUT
PDFXLSXDOCXCAP TABLE2 SOURCES DISAGREE

Data

Upload cap tables, legal docs and financials in any format and Dryft compiles the information the valuation depends on, reconciles conflicts between documents that disagree and surfaces the uncertainty that genuinely needs senior judgment.

02METHOD
OPMCSEPWERMHYBRIDBP1BP2BP3BP4

Models

Once the trace-linked raw inputs are confirmed, Dryft selects approach and methodology to produce a defensible valuation using your firm’s best practices. You can quickly modify and edit as needed.

03OUTPUT
PORTFOLIO MARKSConcluded

Insights

Every assumption and concluded value powers a robust analytics dashboard that provides firm-level insights that used to be isolated across spreadsheets.

Domain-specific AI for valuation

AI That Knows Valuation

Agentic Associate

/01

Dryft is your associate who knows the valuation inside and out, available the moment you need to ask why a particular comparable was selected, what changed between two versions of a model, or whether a prior assumption still holds after new information arrives.

Valuation Approach

/02

Equity derived across the full range of accepted approaches. Given the facts and circumstances of the subject company and under your guidance Dryft selects the approach that fits best.

Allocation Methodology

/03

Equity allocated across the full range of applicable methodologies: OPM, CSE, PWERM, and hybrid. Dryft selects the method that fits the stage, the structure, and the facts of the subject company.

Sanity Check

/04

Once the valuation is complete, Dryft steps back and pressure-tests the results, performs sensitivity analyses and asks whether the conclusion actually holds up in an audit.

Why was Helix Data selected as a comparable for Purchase?
It matches Purchase on revenue model and end market: BioTech focused on life changing therapies. It carries a 15% weight in the guideline public company set.
Comps memo · p.4Market data · 06/30/26
What changed between v1 and v2?
Clinical-stage platform, partnered pipeline, Series C
ComparableTypeFit
Corvane TherapeuticsPublic92
Aldermont BioPublic86
Pellucid OncologyTransaction81
Thistle GenomicsPublic74
Reasoning attached for each selection
OPMCSEPWERMHybrid
BPEquity rangeParticipating
BP1$0 – $42.0MSeries C
BP2$42.0M – $96.5MC, B
BP3$96.5M – $140.0MC, B, A
BP4$140.0M +All classes
Derived from Amended Charter §4.2
Concluded value vs. latest financingHolds as of valuation date
Volatility vs. guideline peer setHolds as of valuation date
Breakpoints vs. charter termsHolds as of valuation date
!Subsequent events after valuation dateBridge note signed Sep 2 — confirm treatmentReview
3 of 4 checks passed
Who it’s for

Built for the Way Your Valuation Team Works

/01 — VALUATION FIRMS

Throughput, consistency and audit-ready output for every client

01

Engagement throughput

First drafts move into senior review in hours rather than weeks, so the firm can take on more work without diluting the quality of any of it.

02

Firm-wide consistency

Configure the firm's methodology and preferences once at the platform level, and every associate inherits the same standards from their first day on the job.

03

Client-ready deliverables

Produce workpapers, reports, and supporting documentation that hold up to client review and external audit without anyone having to reconstruct the reasoning afterward.

04

Faster ramp for new staff

New hires learn the firm's way of working from real precedent recorded on the platform rather than from scattered templates, side conversations, and tribal memory.

/02 — PORTFOLIO VALUATION TEAMS

Speed, scale and audit-ready output for every mark

01

Speed without the fire drill

With more frequent valuation cycles, Dryft keeps the work moving at pace without trading away the depth every mark still has to carry.

02

Scale across the portfolio

With increasing regulatory scrutiny on your positions, Dryft lets the team meet that rigor across the full portfolio without adding the extra hours.

03

Investor and audit committee ready

Every assumption and rationale stays available on demand, so the answer to any question is already documented and waiting.

04

Cross-portfolio visibility

Surface trends, exposures and outliers across the entire portfolio of valuations in one platform rather than stitching them together from spreadsheets.

Security

Enterprise-grade Security

Regulated valuation only holds up when the platform behind it does. Dryft is built that way from the first layer up, with traceability, controls, and security woven through every part of the work.

Go to Security→
Customer voices

What our users are saying

/01 — 03
“This solves a real pain point in extracting complex client 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