Fintech Startup EquityZen Raises $3 Million

EquityZen completed $3 million in financing. Two investors contributed to the round, including Draper Associates.

EquityZen is a marketplace for investing in private tech companies backed by top-tier venture capital firms. EquityZen’s platform establishes a secure marketplace that allows investors to browse investment opportunities in emerging companies and industries. The company provides shareholders in private companies with a new way to get cash in exchange for their illiquid equity. Accredited investors like high net worth individuals and family offices also gain access to returns previously limited to larger asset managers. EquityZen has worked with more than 70 pre-IPO companies to date.