Invest in private companies while they're still pre-IPO, at the price set for that funding round — then hold through the transition to public trading without lifting a finger.
Each company you can invest in moves through a clear lifecycle: upcoming, open for investment, closed to new investors, IPO in progress, and finally public — and your holding follows it automatically.
Browse companies accepting pre-IPO investment and buy in at the listed round price.
The round closes to new investment while the company completes its public listing.
Your holding converts automatically — sell at the live price anytime afterward.
| Term | Detail |
|---|---|
| Round price | Fixed per-share price set for that funding round |
| Cost basis | Weighted average across every purchase in the round |
| Conversion | Automatic, at the public listing price, once the company goes public |
| Liquidity | Limited before public listing — sellable at live prices only after conversion |
"Getting in at the round price before the public listing felt like an opportunity I couldn't get anywhere else."
"The automatic conversion when the company went public meant I didn't have to do anything manually."
"Clear stage labels — upcoming, open, closed, public — made it obvious what I could still act on."
Pre-IPO holdings are generally illiquid until the company completes its public listing and your holding converts.
Repeat purchases blend into a single weighted-average position rather than being tracked as separate lots.
Your holding converts at the live-traded asset's price at the moment the company is marked public.