Stoked to announce that
@AugmentMarkets has raised a $12M Series A led by
@BuildersVC with participation from
@neo, Golden Section, E1 Ventures,
@TheRealCorpBro, and OPCO Ventures.
Alongside the raise, we’re unveiling a new look. As our team grew from <10 to 35 in the past year, a distinct culture and personality has emerged. Now that is reflected in our brand.
We’re building the simplest and fastest way to buy and sell shares in private companies.
The public markets trade 4x of their total market cap every year ($200T/$50T) but the private markets only trade ~3% ($150B/$5T). We’re in a new era with centi-corns that don’t want to go public. They still need more capital to fuel growth and investors want access.
As these companies stay private for increasingly long (or forever) and grow exponentially faster in the age of AI, liquidity also becomes more important. Illiquidity starts looking more like a bug, not a feature. And that’s what we’re solving for.
In 18 months, we went from $0 to $10M revenue run rate and >$400M AUM with a lean team and year-to-date profitability. Our next chapter is dedicated to delight our users, build deeper liquidity, more scale, more transparency, more trust, more access, and more innovation.
Thank you to our customers, partners, investors, and team for making this possible.
Make private markets liquid and accessible. Own the future.
🚀 Onward!