About SecondMarket
SecondMarket is a company based in New York (United States) founded in 2004 was acquired by Nasdaq Private Market in October 2015.. SecondMarket has raised $34.57 million across 6 funding rounds from investors including Nasdaq Private Market, Social Capital and Temasek. SecondMarket has completed 1 acquisition, including InsideVenture. SecondMarket offers products and services including SecondMarket Trading Platform, Employee Trading, Investor Trading, and Bank and Broker Technology. SecondMarket operates in a competitive market with competitors including Forge Global, Palico, Linqto, tZERO and EquityBee, among others.
- Headquarter New York, United States
- Stage Minicorn
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Sectors
Technology
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Phone
*********
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Website
*********
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Social
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- Legal Name Secondmarket Holdings, Inc
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$34.57 M (USD)
in 6 rounds
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Latest Funding Round
$420 K (USD), Series C
Aug 21, 2012
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Investors
Nasdaq Private Market
& 4 more
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Employee Count
Employee Count
- Investments & Acquisitions
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Acquired by
Nasdaq Private Market
(Oct 22, 2015)
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Products & Services of SecondMarket
SecondMarket offers a comprehensive portfolio of products and services, including SecondMarket Trading Platform, Employee Trading, Investor Trading, and Bank and Broker Technology. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Enables buying and selling of private company shares securely.
Allows employees to sell pre-IPO shares easily.
Facilitates investors to trade and access market insights.
Provides tools for banks to manage private market trades.
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Funding Insights of SecondMarket
SecondMarket has successfully raised a total of $34.57M across 6 strategic funding rounds. The most recent funding activity was a Series C round of $420 thousand completed in August 2012. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 6
- Last Round Series C — $420,000
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First Round
First Round
(19 Sep 2006)
- Investors Count 4
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Aug, 2012 | Amount | Series C - SecondMarket | Valuation |
investors |
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| Nov, 2011 | Amount | Series C - SecondMarket | Valuation | Social Capital |
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| Feb, 2010 | Amount | Series B - SecondMarket | Valuation | Temasek , Li Ka Shing Foundation |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in SecondMarket
SecondMarket has secured backing from 5 investors, including venture fund and institutional investors. Prominent investors backing the company include Nasdaq Private Market, Social Capital and Temasek. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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US focused VC firm investing in seed & growth stage companies
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Founded Year | Domain | Location | |
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An investment platform is provided for diverse sectors and geographies.
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Founded Year | Domain | Location | |
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Early-stage venture capital is invested in tech startups across sectors.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by SecondMarket
SecondMarket has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include InsideVenture. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Late-stage financing and liquidity solutions are facilitated for venture-backed companies.
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2009 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - SecondMarket
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Secondmarket Comparisons
Competitors of SecondMarket
SecondMarket operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Forge Global, Palico, Linqto, tZERO and EquityBee, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Private equity investments are enabled via a digital marketplace.
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| domain | founded_year | HQ Location |
Private Equity fund marketplace.
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| domain | founded_year | HQ Location |
Provider of investment platform for private market investors
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| domain | founded_year | HQ Location |
Private and digital securities are traded through an online platform.
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| domain | founded_year | HQ Location |
Secondary market investments in private startups are enabled for investors.
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| domain | founded_year | HQ Location |
Secondary market liquidity for pre-IPO investments is provided.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Secondmarket
Frequently Asked Questions about SecondMarket
When was SecondMarket founded?
SecondMarket was founded in 2004 and raised its 1st funding round 2 years after it was founded.
Where is SecondMarket located?
SecondMarket is headquartered in New York, United States. It is registered at New York, New York, United States.
Is SecondMarket a funded company?
SecondMarket is a funded company, having raised a total of $34.57M across 6 funding rounds to date. The company's 1st funding round was a Series B of $15M, raised on Sep 19, 2006.
What does SecondMarket do?
SecondMarket was founded in 2004 in New York, United States, within the financial technology sector. An online marketplace is operated to handle private capital markets transactions. Solutions are offered to private companies and investment funds for streamlining transactions and stakeholder communications. Institutional investors are connected to pre-IPO startups through these services, focusing on efficient private market operations.
Who are the top competitors of SecondMarket?
SecondMarket's top competitors include Forge Global, Palico and Linqto.
What products or services does SecondMarket offer?
SecondMarket offers SecondMarket Trading Platform, Employee Trading, Investor Trading, and Bank and Broker Technology.
How many acquisitions has SecondMarket made?
SecondMarket has made 1 acquisition, including InsideVenture.
Who are SecondMarket's investors?
SecondMarket has 5 investors. Key investors include Nasdaq Private Market, Social Capital, Temasek, FirstMark, and Li Ka Shing Foundation.
What is SecondMarket's valuation?
The valuation of SecondMarket is $200M as of Nov 2011.