Introducing PAM · iOS app

Ask PAM anything about private markets.

A private market agent that answers in seconds: valuations, sector comparisons, how tender offers work, and what your own shares are worth. Then it helps you place the order.

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Compare Anthropic and OpenAI

Here is how NPM Price has moved for Anthropic and OpenAI over the last 24 months.

Price comparables As of Sep 22, 2026

$90.00 $50.00 $0.00

+1,943% +315%

+2,500% +1,250% -10%

Sep
2024 Feb
2025 Jul
2025 Dec
2025 Apr
2026 Sep
2026

PAM is AI and can make mistakes.
Please double-check responses.

Meet PAM

Your private market agent.

PAM answers your private market questions using Nasdaq Private Market’s data. Ask for a company’s price per share and PAM shows its NPM Price history and how it compares with others in its sector. Ask how tender offers work, how to sell vested shares, or how to invest in an NPM fund, and PAM walks you through each step.

PAM is AI. Please double-check responses.

How PAM works

Ask a question. PAM does the research and gives you the details.

PAM draws on NPM Price, the marketplace order book, and NPM’s private company data.

Ask your way

Type a question or tap a prompt about a company, sector, deal, or your shares.

Draw on NPM’s knowledge base

Answers come from NPM Price, trade levels, and company intelligence.

Find what’s next

Discover an NPM fund or match with an order to buy or sell shares.

PAM is AI. Please double-check responses.

Ask PAM

by Nasdaq Private Market

Ask what a company is worth, compare two companies, or check whether there are buy orders for your shares. PAM answers in plain language and adds the company to your watchlist as you go.

Marketplace

Live bids and offers

Browse active orders across hundreds of private companies. Filter by buyer or seller, open any order for size and price per share, and see NPM Price next to every one. No accreditation needed to explore.

Invest or sell

Bid, ask, counter

Submit a bid or ask in a few taps, respond to a counterparty, or counter an offer. Live, matched, and canceled orders stay on one screen with next steps called out when action is needed.

Invest in an NPM fund

Place an order to invest in an NPM fund from your phone.

Review a fund, choose your amount, and submit your order in the app.

Explore funds

See price per unit, estimated valuation, and minimum investment.

Choose your amount

Enter an amount and see the units and estimated total.

Review and submit

Confirm the terms, submit, and track status in My Orders.

Examples of things you can ask PAM

Ask a question. Get a clear answer in seconds.

Tap a question to see how PAM responds.

Sample questions and responses for illustration only. Actual responses will vary. PAM is AI and can make mistakes. Please double-check responses.

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Your portfolio, marked to NPM Price

Implied valuation for every private company position you hold,
with performance history from one week to all time.

Implied valuation for every private company position you hold, with performance history from one week to all time.

Invest in an NPM fund or match directly with a buyer or seller.

Live and prospective funds with price per unit, estimated valuation, and minimum investment.

Your portfolio, marked to NPM Price

Implied valuation for every private company position you hold,
with performance history from one week to all time.

Implied valuation for every private company position you hold, with performance history from one week to all time.

Invest in an NPM fund or match directly with a buyer or seller.

Live and prospective funds with price per unit, estimated valuation, and minimum investment.

List your shares for sale

Choose how many shares to sell and your asking price, confirm, and track it from My Orders.

Watchlist any company

Follow the companies you care about and let PAM add them as you ask.

Track your orders in one place

Live, matched, and canceled orders with next steps called out when action is needed.

get started

Your next private market move starts with PAM.

Download the Nasdaq Private Market app and ask your first question today.

Nothing on this page or in PAM’s responses is a recommendation, offer, or solicitation to buy or sell any security or to invest in any NPM fund, and it is not investment, legal, or tax advice.