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EQUITYZEN
EquityZen
FinTech/Secondary Markets · New York, New York · United States · Founded · 2015 · ≈ · 500 · employees

EquityZen Funding — Last Valued at $1.1B

Private

EquityZen has raised $278M across 2 funding rounds. The latest round valued EquityZen at $2B post-money.

ProfileValuationFundingCompetitorsStock & IPOHow to invest
EquityZen funding · at a glance
Total raised, all rounds
$278M
sum of disclosed sizes
Funding rounds
2
priced rounds
Latest round
$2B
post-money · Nov 2025
Lead on that event
not disclosed
2025
About EquityZen

EquityZen operates today as part of Morgan Stanley, which cut the platform's transaction fees to 2.5% to widen access to private shares. Earlier funding included a Series A round backed by Draper Associates.

Funding timeline

The EquityZen funding timeline

2 funding rounds, the latest highlighted.

2015
EquityZen founded

EquityZen was founded in 2015, United States.

JUL 2017
Series A

Acquired by Morgan Stanley October 2025, completed January 2026. $3M raised, led by Draper Associates.

Valuation basisAmount$3MPrice / shareLeadDraper Associates
NOV 2025LATEST
Series C at $2B post-money

A primary round — the company sells new shares to investors it selects. $275M raised.

Valuation basispost-moneyAmount$275MPrice / shareLead
IPO: NOT ANNOUNCED

No filing has been made.

Funding rounds

EquityZen funding rounds in full

2 dated rounds, newest first.

Round
Date
Amount
Valuation
Price / share
Lead investors
Participation
Series C LATEST
Nov 2025
$275M
$2Bpost-money
—
—
—
Series A
Jul 2017
$3M
—
—
Draper Associates
Acquired by Morgan Stanley October 2025, completed January 2026
EquityZen · investors

Investors

Draper AssociatesLEADWWorldQuant Ventures500 StartupsLLaunchCapitalPProjector Ventures

Frequently asked questions

What is EquityZen's valuation?›

The last valuation is $1.1B.

Who has invested in EquityZen?›

Lead investors for each round are in the funding timeline.

Who are EquityZen's competitors?›

The closest fintech/secondary markets peers are on the competitors page.

How can I get exposure to EquityZen?›

The routes section explains what is realistically available for a company at this stage.

Is EquityZen publicly traded?›

No. EquityZen is a private company; its shares do not trade on a public exchange.

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