One taxonomy, both markets.
A unified classification across public and private markets. The same dynamic, multi-label ontology trusted by the world's leading index providers and banks, now extended to private companies.
Private markets TIIC extends Onthos' dynamic, multi-label classification into the private universe. Public and private companies sit in the same taxonomy, so you can compare, screen and analyse across both without translation.
Five tiers of taxonomy, from 10 sectors down to 3,200+ micro themes, applied consistently across private and public markets.
Private companies classified with the same five-tier taxonomy across their business activities: products and services, CapEx/R&D, target markets, partnerships. Coverage is never a ceiling: we are actively expanding the universe, and new companies can be classified on demand.
Global coverage across all market capitalisations and regions. 13+ years of historical data, with monthly updates on company exposures and quarterly updates on taxonomy micro themes. Powering indices of leading index providers, used by leading banks, asset managers and hedge funds worldwide.
Public Markets ClassificationCompanies are staying private longer. Institutional allocations to private assets keep growing. Secondaries, private credit and direct investment platforms are making private markets more liquid every year. Yet the classification infrastructure still treats public and private as separate worlds.
Your public and private books speak different languages. Public holdings use one classification. Private holdings use another, or none at all beyond a self-reported sector label. Ask a basic question — what is my total portfolio exposure to AI infrastructure — and there is no clean answer. The larger your private allocation grows, the wider the blind spot.
Legacy classification systems were designed decades ago. They have no native way to express battery recycling, AI inference hardware or embedded finance as distinct activities. The economy evolves; the taxonomy does not. Private companies, often at the frontier of new industries, suffer most.
TIIC quantifies business activities (products and services, R&D and CapEx, target markets and use cases, partnerships and acquisitions) across five tiers of taxonomy, from 10 sectors down to 3,200+ micro themes. The examples below show a sample of each company's top Major theme and Micro theme exposures (data as of June 2026).
Classification is infrastructure. What matters is what it enables.
Accurate, weighted peer sets feeding directly into your valuation workflow.
Surface private companies aligned to a live thesis and map the competitive set around them, including public incumbents.
Build indices and portfolios that span public and private in one coherent construction language.
Combine Onthos' pre-built private markets coverage with your own research and documents. One taxonomy, whether the content is ours or yours.
Replace manual sector tagging with a consistent, granular classification that works across your entire portfolio. Surface thematic overlaps between portfolio companies, identify white-space opportunities, and build conviction with data that goes deeper than a pitch deck.
Enrich your company database with multi-label thematic classification at five levels of depth. Offer your clients screening, peer comparison and exposure analysis that no keyword-based system can match. TIIC integrates via flat file or API.
See your public and private allocations through the same lens. Understand genuine thematic diversification across the full portfolio, and monitor how exposure shifts as private holdings grow or approach liquidity events.
Extend thematic index methodologies into private markets with a classification system already powering public market indices at the world's largest providers. Build private markets benchmarks, thematic secondaries baskets, or cross-capital-structure products on a unified foundation.
We will walk you through live examples, discuss integration, and explore how TIIC fits your private markets workflow.
