Breaking News: Nasdaq Private Market Raises $62.4 Million in Series B Funding Round

Nasdaq Private Market (NPM), the leading secondary trading marketplace catering to private company transactions, has successfully raised $62.4 million in its latest funding round. Founded in 2013, NPM has positioned itself as a crucial liquidity provider in the private equity landscape, offering a range of services that facilitate stock transactions and enhance market accessibility for private firms preparing for an eventual public offering. This latest infusion of capital underscores the confidence of strategic investors in NPM’s innovative approach to private market trading, which includes tender offers, auctions, and continuous trading mechanisms directed at pre-IPO companies. The funds will be utilized to enhance NPM’s cutting-edge trading technology and further develop its patent-pending transfer and settlement tools, aimed at streamlining the trading process for market participants. NPM’s advanced trading solutions not only benefit employees and investors but also provide vital support to banks and brokers engaged in private company stock trading. With the backing of prominent investors such as Nasdaq, Inc., Citi, Goldman Sachs, and Morgan Stanley, among others, NPM is committed to expanding its platform and continuing to redefine the private capital markets landscape. As NPM drives forward, its innovative solutions promise to improve liquidity options and empower private companies throughout their pre-IPO lifecycle. To learn more about how NPM is revolutionizing the private trading space, visit www.nasdaqprivatemarket.com.