Meld Valuation / Venture NAV Tracker
FundsCompaniesMethodology
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Venture NAV Tracker / Private company

BRAIN CORPORATION

Application Software
Headquarters—
Founded—
Last known round—
Reported valuation—

Cross-fund comparison

Equity & warrant marks

One latest disclosed mark per fund.

FundFair valueSecurity / basisImplied price / shareMark age vs roundMethodology / filing
PRIVXPrivate Shares Fund$12.7MMar 31, 2026 · source ↗commonFair value hierarchy level 3$5.35Not comparable — different security type or share classMar 31, 2026 · source ↗—Mar 31, 2026 · source ↗N-PORT 2026-03-31 ↗
HTGCHercules Capital, Inc.$55KMar 31, 2026 · source ↗warrantFair Value$0.13Not comparable — different security type or share classMar 31, 2026 · source ↗—Mar 31, 2026 · source ↗10-Q 2026-03-31 ↗
Not comparable — different security types or share classes

Cross-fund comparison

Debt investments

One latest disclosed debt mark per fund.

FundSecurity type / basisPrincipalFair valueFV / principalRateMaturityMark age vs roundNon-accrual
HTGCHercules Capital, Inc.senior secured loanFair Value — Senior Secured$33MMar 31, 2026 · source ↗$33.1MMar 31, 2026 · source ↗100.1%Mar 31, 2026 · source ↗Prime + 1.35 %, Floor rate 9.85 %, PIK Interest 2.50 %, 3.95 % Exit FeeMar 31, 2026 · source ↗Sep 1, 2028Mar 31, 2026 · source ↗—Mar 31, 2026 · source ↗NoMar 31, 2026 · source ↗

Historical marks

Reported fair value by fund

Each bar is a disclosed position-quarter.

$12.7MPRIVXMar 31, 2026 · source ↗$55KHTGCMar 31, 2026 · source ↗$33.1MHTGCMar 31, 2026 · source ↗
Figures are compiled from public filings.Read methodologyMELD Valuation