Category Archives: Secondaries

In hot market for secondary shares, one player, Equidate, just locked down $50 million in new funding

Equidate, a 4.5-year-old, San Francisco-based marketplace that makes privately held shares available to accredited investors wanting to buy them, is announcing a whopper of a round this morning: $50 million in Series B funding from Financial Technology Partners, Panorama Point Partners and Operative Capital. The company had earlier raised only very small seed and Series A rounds from renowned investors Scott Banister, Tim Draper and Peter Thiel. The round is entirely unsurprising, given the circle of life for many venture-backed startups, which is to raise capital, raise more […]

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