Secfi provides an integrated suite of tools and advisory services to help private company employees make decisions about exercising and managing equity compensation from offer to IPO. The platform offers custom exit payout forecasting, tax modeling across scenarios, and access to Equity Strategists who assist clients through the process. Secfi partners with capital providers to offer non-recourse financing that covers option exercise costs and taxes, and clients make no payments until an IPO or other liquidity event. The company reports working with employees from 80% of U.S.-based unicorn technology companies and has over $10 billion worth of startup stock options registered on its platform. Secfi says it has helped employees from major 2020 exits including Airbnb, DoorDash, Palantir and Snowflake. Management notes a recent 5x surge in late-stage employees seeking financing and is expanding capacity to meet that demand. Secfi provides an integrated suite of personalized educational, advisory, and financing tools that help private-company employees compare strategies for exercising options, including tax modeling, equity intelligence dashboards, exit forecasting, and exercise reporting. It offers exercise financing that covers exercise costs and taxes and requires no payments until an IPO or liquidity event, enabling shareholders to access liquidity while retaining upside. The company pairs clients with in-house advisors to navigate complex financial decisions and has served employees from companies such as Uber, Pinterest, Giphy, and Tradeshift. Secfi’s technology and financing products aim to demystify equity compensation and help employees preserve and diversify wealth. Founded in 2017, Secfi has grown to over 30 employees and operates offices in San Francisco, London, and Amsterdam. The company previously raised $7 million in venture capital from lead investors Rucker Park Capital, Social Leverage, and Serengeti Asset Management, and has added strategic investors including Mark Pincus, Jake Gibson, and Brian Norgard. Secfi operates a technology-driven platform that provides financing to shareholders of late-stage private companies without requiring them to sell their shares. Customers use Secfi to obtain capital to exercise stock options, secure liquidity for major life events, and gain clarity on the value of their holdings while awaiting a liquidity event such as an IPO. The company also aims to work with employers to offer financing solutions for their employees and shareholders. Since launching its platform in January 2018, Secfi has deployed $150M worth of option exercises and shareholder financing. Led by founder and CEO Wouter Witvoet, Secfi plans to use the new capital to further expand its product offering. The company is based in San Francisco, California. SecFi builds financing products for employees and shareholders of growth and late-stage private companies to enable option exercise and liquidity without forcing a sale. The company provides loans that carry a compounding interest rate and require the borrower to share a portion of equity at a liquidity event. A distinctive feature of SecFi's offering is that borrowers have no legal obligation to repay if the underlying private company fails. SecFi intends to use its recent seed funding to accelerate growth and further evolve its products. The company is led by founder Wouter Witvoet and is based in San Francisco, CA. The articles do not disclose operating metrics such as revenue or user counts.

Total raised

$707M

Funding rounds

4

Latest round

Debt Financing

Latest activity

May 2021