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Low 1% Fee to Buy + Sell Private Company Stock. Liquidity Programs + Trading Marketplace.

You’re Building the Future. Let Us Help Build Yours.

Liquidity solutions transforming hard-earned equity into wealth. $50 billion in value generated for employees, investors, and private companies.

Stripe-Logo

Stripe

Valuation

$61.7B

Spacex-Logo

SpaceX

Valuation

$180.0B

Databricks-Logo

Databricks

Valuation

$43.0B

Canva-Logo

Canva

Valuation

$40.0B

Bytedance-Logo

Bytedance

Valuation

$223.0B

Epic Games-Logo

Epic Games

Valuation

$31.5B

Fanatics Inc-Logo

Fanatics

Valuation

$31.0B

Discord-Logo

Discord

Valuation

$14.6B

Rippling-Logo

Rippling

Valuation

$12.5B

Rippleofficial-Logo

Ripple

Valuation

$9.7B

Andurilindustries-Logo

Anduril

Valuation

$8.4B

Ramp-Logo

Ramp

Valuation

$7.7B

Scaleai-Logo

Scale AI

Valuation

$7.3B

OpenAI-Logo

Open AI

Valuation

$86.0B

Anthropic-Logo

Anthropic

Valuation

$17.0B

Postman Platform-Logo

Postman

Valuation

$5.1B

Arcticwolf-Logo

Arctic Wolf

Valuation

$4.6B

Vercel-Logo

Vercel

Valuation

$2.3B

Cribl-Logo

Cribl

Latest Valuation

$2.3B

Klarna-Logo

Klarna

Valuation

$6.5B

*Valuation represents the estimated valuation from a company’s last funding round, derived from any combination of sources such as company, state, or federal filings and press releases.

What We Offer.

Products + Services

Secondmarket™

Trading Marketplace

Powerful private market trading technology and actionable data opens the door to opportunities. Log in to our purpose-built platform that reduces friction and allows you to transact with confidence.

Nasdaq Private Market order book showcasing common and preferred stock valuations and trading options
Company Solutions

Company Platform + Liquidity Programs

Technology, programming, and experience to unlock private company employee and shareholder liquidity.

Auction performance graph displaying price trends with options to accept bid offersCap table with team members Joe, Jane, Julie, and Annika showcasing their respective share distributions
Tape D™

Data + Analytics

Differentiated trading insights, valuation data, and market intelligence allowing banks, brokers, as well as investors to scale and buyers and sellers to make more informed trading decisions.

Nasdaq private market performance chart, July 2022-Jan 2023 Dark theme match summary for $47.8 clearing price and $835.7K net proceeds
Live event timeline ending on March 15, 2023, at 5:00 PM EST Order summary with filled, negotiated, and unassigned quantities, dark theme Graph showing share distribution: common, options, and preferred shares
Transfer + Settlement

Settlement Technology

Share transfer workflow and dashboard for companies, banks, and brokers plus programmatic tools for cap table navigation.

  • Diagram illustrating unorganized open market interactions involving employees, brokers, and institutions.
  • Interface for streamlined transfers between brokers and participants, with settlement status indicators
  • Auditable trade data interface highlighting structured and reportable data on every transaction
Bank, Broker + Investor Technology

Enterprise Software

Private market trading technology for banks, brokers, and global investors to scale.

Broker Workstation
Who we Serve.

Secondary Solutions for Companies + People to Transact with Confidence

Private Companies ↓
01

Liquidity Opportunities Across Each Stage of Growth: Multiple Products. One Partner.

The liquidity needs of private companies are continually evolving. We help you expertly navigate secondary activity at each stage of your company lifecycle.

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Nasdaq Private Market tender offer workflow overview, including seller and buyer processes
Employees + Shareholders ↓
02

Sell Your Shares Through A Global Marketplace

Access accredited institutional investors and brokers with deep pools of capital. Sell your holdings via our trading platform SecondMarketTM and support from our experienced product specialists.

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Abstract illustration of interconnected blue and orange cubes representing data flow and integration
Investors ↓
03

Join An Institutional Marketplace. Intelligently Invest in Unicorns + Disruptive Companies.

Capitalize on untapped opportunities. Invest efficiently and confidently through SecondMarket™, our advanced trading platform.

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Network of blue and orange interconnected cubes symbolizing system integration and data connectivity
Banks + Brokers ↓
04

Private Market Trading Technology

Enterprise software and an institutional marketplace SecondMarket™ for banks, brokers, investors, and shareholders to connect. Turnkey services to scale your private market franchise.

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3D layered structure illustrating data hierarchy with connection points
Law Firms ↓
05

Liquidity Platform Chosen by Law Firms and Legal Counsels

Act as a trusted advisor to clients by partnering with an experienced deal team to structure and facilitate secondary transactions.

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NPM Law Firm Graph DarkNPM Law Firm Graph Light
Why Nasdaq Private Market.

Expertly Navigating the Private Market with Disruptive Technology + Dedicated Product Specialists

Sign Up east
verified
Decade of Experience
  • Ten years of delivering shareholder, employee, investor, and leadership team solutions
  • Precisely trading private company stock pre-IPO and uncovering actionable market data
public
Premier Global Network
  • Network of private companies, employees, shareholders, investors, banks, and brokers
  • Clients driven to trusted trading platform for ability to connect credible buyers and sellers
captive_portal
Tech-Forward
  • Proprietary, next-generation private market technology, software, infrastructure, and connectivity
  • Trading marketplace, company liquidity programs, and settlement powered by advanced trading tools
query_stats
Data-Driven
  • High information platform sourcing trade data, valuations, and market intelligence
  • Market structure commentary, industry trend analysis, benchmarks, and financial products
How to Get Started.

Unlock the Private Market Today

transform
Access Transfer + Settlement Technology
shopping_cart_checkout
Buy Shares in Private Companies
sell
Sell Shares in Private Companies
rocket_launch
Launch Company Liquidity Program
storefront
Join Trading Marketplace (Banks, Brokers, Investors + Shareholders)
monitoring
Explore Private Market Data + Intelligence
Our Investors + Partners.
Global dot map representing Nasdaq Private Market�s worldwide reach and equity management solutions
Key Stats.
Total Transaction Value

0

  • Total Company-Sponsored Programs

    0

  • Number of Eligible Program Participants

    0

  • Private Companies' Data Tracked

    0

  • Onboarded Institutional Investors

    0

  • Total Number of Unicorn Clients

    0

Data as of January 2024

SELECT COMPANY PROGRAM CLIENTS.
Ripple-Logo
Ripple

PAYMENTS

Gympass-Logo
Gympass

Business Services

Icertis-Logo
Icertis

Software

Docker for Testimonial -Logo
Docker

Information Technology

Logo Coinbase 1-Logo
Coinbase

Crypto Exchange

Logo Roivant-Logo
Roivant

Biotech

Logo Datadog-Logo
Datadog

Software

Logo Nubank-Logo
Nubank

Bank

Niantic - Logo
Niantic

Mobile Apps

Xendit - Logo
Xendit

Payments

Logo Expensify-Logo
Expensify

Software

Logo Snyk-Logo
Snyk

Cybersecurity

Logo Thrasio-Logo
Thrasio

Ecommerce

Via - Logo
Via

Transportation

Logo Procore-Logo
Procore

Software

Logo Nuro-Logo
Nuro

Robotics

Qlik - Logo
Qlik

Software

Powerful Private Market Data.

Access Institutional-Grade Metrics + Analytics

Top Referring Law Firms for Private Company Transactions
  • Goodwin

  • Wilson Sonsini

  • Cooley

  • Fenwick

  • Latham & Watkins

  • Kirkland & Ellis

  • Gunderson Dettmer

  • McDermott

  • DLA Piper

  • Orrick

  • Company Counsel
  • Buyer Counsel
Explore Law Firm Solutions east
Client Industry Breakdown
Banking, Payments, Investments + Insurance

22%

Banking, Payments, Investments + Insurance

22%

Information Technology

19%

Information Technology

19%

Entertainment Products + Services

14%

Entertainment Products + Services

14%

Business Support Services

11%

Business Support Services

11%

Household Goods + Services

11%

Household Goods + Services

11%

Biotech, Pharma + Health Care

8%

Biotech, Pharma + Health Care

8%

Energy

6%

Energy

6%

Food + Beverages

3%

Food + Beverages

3%

Media

3%

Media

3%

Real Estate

3%

Real Estate

3%

Explore Data Solutions east
Our Recent Client Valuations
  • 14% $0-$250M
  • 6% $500M-$1B
  • 17% $1B-$2B
  • 40% $2B-$5B
  • 23% $5B+
Explore Data Solutions east
Global Client + Investment Network
  • 🇦🇺 Australia
  • 🇧🇲 Bermuda
  • 🇧🇷 Brazil
  • 🇨🇦 Canada
  • 🇰🇾 Cayman Islands
  • 🇨🇴 Colombia
  • 🇪🇪 Estonia
  • 🇫🇮 Finland
  • 🇩🇪 Germany
  • 🇭🇰 Hong Kong
  • 🇮🇩 Indonesia
  • 🇮🇱 Israel
  • 🇯🇵 Japan
  • 🇱🇺 Luxembourg
  • 🇲🇽 Mexico
  • 🇸🇬 Singapore
  • 🇨🇭 Switzerland
  • 🇸🇪 Sweden
  • 🇺🇦 Ukraine
  • 🇬🇧 United Kingdom
  • 🇺🇸 United States
Explore Trading Marketplace east

Data as of 2023

Client Testimonials.
Brian Caroll - Headshot
NPM has been a key partner in Hopper's program to create multiple opportunities for partial employee liquidity. We appreciate NPM's creativity in adapting to Hopper's unique transaction structures.

Brian Carroll

VP Corporate Development and General Counsel, Hopper

Docker for Testimonial - Scott Baumgartner
Thanks to Nasdaq Private Market we were able to offer eligible Docker employees valuable liquidity for their equity grants. Their commitment to client success continues to deliver powerful results for our team, shareholders, and investors.

Scott Baumgartner

Chief Financial Officer, Docker

Matthew Rinegar - Headshot
NPM serves as an incredible partner for us. We’ve leveraged their secondary solutions multiple times to provide liquidity for employees. They deliver a professional and seamless experience for our team.

Matthew Rinegar

Senior Corporate Counsel, Icertis

Goodwin for Testimonial - Jamie Hutchinson & Cammy Contizano
We have been partnering with Nasdaq Private Market since its very early days. One characteristic of NPM that has remained constant over the years is their ability to provide incredible client service through business-oriented, practical and flexible solutions. They help us help our clients successfully execute all types of tender offers and other secondary transactions and we are greatly appreciative of their hard work and collaborative spirit.

Jamie Hutchinson + Cammy Contizano

Partners, Goodwin Procter

Annie - Headshot
Working with NPM, especially their tireless and service-oriented operations team, made our transaction a smooth one. NPM's support enabled us to keep our attention on the athletes we serve & employees who obsess over them.

Annie Frye

Legal, Strava

Sacha - Headshot
They’ve earned the trust the market has in them – NPM is a world-class platform with superb customer service and a wealth of experience.

Sacha Ross

Partner, Cooley

Skadden for Testimonial - Ryan Dzierniejko
NPM’s platform and customer service set the gold standard as far as removing friction points from secondary transactions – our later-stage, pre-IPO clients love working with them.

Ryan Dzierniejko

Partner, Capital Markets, Skadden Arps.

June - Headshot
We had the pleasure of using the NPM platform and had a fantastic overall experience. Nasdaq Private Market’s knowledgeable and efficient team enabled us to successfully launch in a tight time frame.

June Ko

Legal, CircleCI

Scott - Headshot
Thank you to Nasdaq Private market for being a great partner throughout the tender offer process!

Scott Buxton

VP of Finance, DataDog

Rick Melissa-Headshot
Wilson Sonsini and many of our private company clients have entrusted NPM to help structure and facilitate dozens of liquidity programs over the past decade.

Their team’s personalized approach, dedication, and expertise ensures a smooth process for everyone involved.

Melissa Rick

Partner, Wilson Sonsini

Industry Commentary + Latest News.

Insights

Mantle Press Release Featured Image Title Card
Mantle and Nasdaq Private Market Launch Streamlined Data and Liquidity Integration for Private Companies Incorporating Open Cap Table Format Protocol
Title Card - Dynasty Financial Partners and Nasdaq Private Market Announce Partnership to Connect Private Company Shareholders to Top Wealth Managers
Dynasty Financial Partners and Nasdaq Private Market Announce Partnership to Connect Private Company Shareholders to Top Wealth Managers
Nasdaq Private Market Announces 2024 Executive Leadership Team Promotions
Press release announcing Nasdaq Private Market's Tape D platform launch for private market data and intelligence
Nasdaq Private Market Launches Tape D Premier Private Market Data and Market Intelligence Platform
Open letter from Tom Callahan, CEO of Nasdaq Private Market, addressing U.S. private company employees on a blue abstract background
An Open Letter to Millions of U.S. Private Company Employees
Press release banner: Nasdaq Private Market unveils SecondMarket Employee Direct with NPM logo on blue grid background
Nasdaq Private Market Unveils SecondMarket Employee Direct