SharesPost operates a FINRA-registered broker-dealer, SEC-registered Alternative Trading System (ATS) and Registered Investment Advisor that facilitates secondary transactions and liquidity for private technology companies. Its core product is an ATS that supports trading in private company shares and, following a Form ATS amendment, blockchain securities and tokens. The company provides trading, research and lending solutions to enable shareholder and option-holder liquidity. SharesPost says it has traded shares of more than 200 private growth companies and that trading volume recently surpassed US$4 billion. Planned uses of new capital include building out the ATS for private shares and security tokens and expanding global reach, particularly into Asia through a SharesPost China partnership. SharesPost operates an online marketplace that enables accredited investors to purchase private company stock from employees of venture-backed firms such as Facebook and Zynga. The company was founded by Greg Brogger and was spawned out of Scott Painter's BrightHouse incubator. SharesPost had originally been based in Santa Monica and appears to have moved its headquarters to Northern California. A regulatory filing dated February 8, 2011, reports that SharesPost raised $3.3M in an equity funding round. The company has not publicly disclosed additional details about the financing or the participating investors. Its core business focuses on facilitating secondary transactions in private markets for employees and early shareholders.

Total raised

$18M

Funding rounds

2

Latest round

Series C

Latest activity

Jun 2018