FNEX

What FNEX does

FNEX (legal entity FNEX, LLC, founded 2012, headquartered in Indianapolis) is a FinTech and RegTech investment bank operating a proprietary AI-powered private market infrastructure platform. Through its wholly-owned subsidiary FNEX Capital, LLC — a FINRA/SIPC registered broker-dealer — the company facilitates pre-IPO stock trading, private placements, M&A advisory, fund distribution, real estate securities, debt and equity capital advisory, LP secondaries, private equity liquidity, and impact investments. Core technology products include the FNEX Institutional Dark Pool (confidential pre-IPO block trading), FNEX Alternatives Market (curated alternative investment platform for RIAs and institutions), FNEX DataBank (AI-powered RegTech/FinTech operating system for compliance automation and workflow), Compliance-as-a-Service / White-Label Marketplace SaaS (turnkey FINRA sponsorship and SEC Rule 15a-6 chaperoning infrastructure for boutique investment banks and foreign broker-dealers), and sub-brands FNEX Wealth and FNEX Ventures Fund.

FNEX generates revenue primarily through transaction-based fees including commissions, placement fees, finder/referral fees, marketing fees, diligence fees, and wholesale fees on each completed transaction. Cumulative transactions exceed $26B+ across private markets, capital formation, and M&A, with a 160-person financial professional sales force, a 35-person dedicated wholesaler distribution team (over $10B in fund products placed), and 12 office locations across the US, UK, France, and Bahamas. Customer segments are hybrid: institutional investors, RIAs, family offices, fund sponsors, independent investment banking teams, and foreign broker-dealers. Pricing is pay-as-you-go / transaction-based with no platform access fees; compliance services are offered as a white-label subscription product enabling third-party broker-dealer operations under FNEX's regulatory infrastructure.

The company has reported more than $75M in revenue in 2022 with continued profitability, and a 2026 newsletter cites 100% year-over-year revenue growth. Notable pre-IPO transaction counterparties include SpaceX, OpenAI, Anthropic, Databricks, Stripe, Discord, Canva, Kraken, CoreWeave, Notion, Rippling, Anduril, Figure AI, Perplexity, and Instacart. The company maintains FINRA/SIPC membership, an Inc. 5000 recognition, and operates without disclosed external institutional funding despite a small 2014 capital raise.

Name

FNEX

Legal name

FNEX, LLC

Website

https://fnex.com

Company type

Private

Founded year

2012

Operating status

Operating

Headcount range

101–250 employees

Short description

FNEX is a FinTech and RegTech investment bank that operates a proprietary AI-powered private market platform, providing pre-IPO stock trading, alternative investments, M&A advisory, fund distribution, and white-label broker-dealer compliance infrastructure to institutional investors, RIAs, family offices, and fund sponsors.

Ownership category

akta.pro rank

Product category

Investment Banking & Private Securities

NAICS

Securities, Commodity Contracts, and Other Financial Investments and Related Activities (523), Securities and Commodity Exchanges (5232), Other Financial Vehicles (52599)

SIC

Security Brokers, Dealers & Flotation Companies (6211), Security & Commodity Brokers, Dealers, Exchanges & Services (6200)

akta.pro primary industry

Alternatives & Multi-Asset Digital Wealth Platforms (PE/VC/Real Assets access) (FSAGAEAL)

akta.pro secondary industry

Follow-on Offerings (FPOs) (FSACAAAB)

Keywords

• Private securities trading
• Alternative investments marketplace
• Investment banking services
• Pre-IPO transactions
• Compliance-as-a-service

Headquarters

HQ city

Indianapolis

HQ country

United States

HQ region

North America

Offices12 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure

Revenue model

1. Transaction-based fees: Commissions, referral fees, finder fees, marketing fees, diligence fees, and wholesale fees paid on each investment transaction completed through the platform
2. Placement fees: FNEX receives placement fees from issuers for acting as placement agent in private securities offerings
3. Distribution services: Sales force fees for placing fund products (over $26B placed) with financial advisors and institutions

Pricing tiers

Go-to-market motion3 records

Distribution channels4 records

Marketing channels5 records

Core offering

FNEX operates a proprietary AI-powered FinTech and RegTech platform that delivers private market infrastructure, including pre-IPO securities trading via an Institutional Dark Pool, curated alternative investments, Compliance-as-a-Service (CaaS), and a white-label marketplace SaaS. The company generates revenue primarily through transaction-based fees on investment banking services such as M&A advisory, fund distribution, equity and debt advisory, real estate securities, private equity liquidity, LP secondaries, and impact investments, conducted through its FINRA/SIPC registered broker-dealer subsidiary FNEX Capital, LLC.

Product overview

FNEX is a global FinTech and RegTech investment bank operating a proprietary AI-powered platform for private markets. The core offering consists of the FNEX Platform (AI-powered FinTech/RegTech infrastructure) which powers multiple integrated products: the FNEX Institutional Dark Pool for pre-IPO stock trading, FNEX Alternatives Market for curated alternative investments, FNEX Compliance Services (CaaS) for broker-dealer infrastructure, and the FNEX White-Label Marketplace SaaS. Supporting sub-brands include FNEX Wealth (multi-family office) and FNEX Ventures Fund (private pre-IPO fund). Investment banking services span Pre-IPO Stock Trading, Mergers & Acquisitions, Chaperone (SEC 15a-6), Fund Distribution, Real Estate Securities, Debt Capital Advisory, Equity Advisory, Private Equity Liquidity, LP Secondaries, and Impact Investments.

Differentiator

Problem solved

Functional benefit

Brands

• FNEX Alternatives Market: Curated alternative investment platform for registered investment advisors, broker-dealers, and institutional investors offering private equity, venture capital, real estate, private credit, hedge funds, and structured investments.
• FNEX Wealth
• FNEX Ventures Fund
• FNEX Institutional Dark Pool
• FNEX DataBank
• Compliance-as-a-Service (CaaS)

Products and services

• FNEX Platform A proprietary AI-powered FinTech and RegTech platform delivering private market infrastructure, compliance-as-a-service, and investment banking solutions for institutional investors, RIAs, family offices, fund managers, and broker-dealers.
• FNEX Institutional Dark Pool A secure pre-IPO trading marketplace enabling confidential trading of large blocks of private securities for institutional investors with full regulatory compliance and bid/ask matching.
• FNEX Alternatives Market A curated alternative investment platform providing direct access to private equity, venture capital, real estate, private credit, and hedge funds for registered investment advisors, broker-dealers, and institutional investors.
• FNEX Compliance Services (CaaS) Turnkey broker-dealer infrastructure providing FINRA sponsorship, regulatory filings, supervisory oversight, and AI-powered compliance solutions without the cost of building one's own broker-dealer.
• FNEX White-Label Marketplace (SaaS) A fully customizable white-label SaaS platform enabling investment banks, advisors, and product sponsors to streamline distribution and fundraising under their own brand using FNEX's compliance infrastructure.
• Pre-IPO Stock Trading Global leader in pre-IPO stock transactions enabling institutions, funds, family offices, and high-net-worth investors to buy and sell private stock in late-stage firms.
• Mergers & Acquisitions Advisory Strategic M&A advisory services for middle-market companies including buy-side and sell-side representation, valuation, and capital placement for transactions of $10MM to $1B+.
• Chaperone (SEC Rule 15a-6) SEC Rule 15a-6 chaperoning services enabling foreign broker-dealers, wholesalers, and financial institutions to legally access U.S. capital markets.
• Fund Distribution Distribution services for public and private funds utilizing a 35-person dedicated distribution team that has placed over $10B in fund products nationwide.
• Real Estate Securities Access to private real estate funds and 1031 exchange opportunities, including Delaware Statutory Trust (DST) investments, with yield, growth, and tax strategies.
• Debt Capital Advisory Corporate finance professionals providing objective guidance on securing financing solutions through competitive processes for businesses.
• Equity Advisory Strategic capital raise services helping companies identify and engage with investors who provide both capital and strategic value.
• Private Equity Liquidity Liquidity solutions for private equity and venture capital stakes, including secondary market transactions and tailored liquidity programs for institutional investors.
• LP Secondaries GP-led secondary and LP liquidity solutions addressing longer private asset hold periods to meet evolving market demands.
• Impact Investments Global impact investment footprint providing institutional investors, foundations, and family offices access to worldwide impact investment opportunities.
• FNEX Wealth Multi-family office division serving ultra-high-net-worth families and institutions with complex financial and strategic planning needs.
• FNEX Ventures Fund A private fund providing RIAs and accredited investors exposure to a diversified portfolio of late-stage, venture-backed pre-IPO companies.

Quantifiable outcome

• $26B+ in transactions completed
• +3 more outcomes

Named customers16 records

Segments6 records

Ideal customer profiles5 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

AI capability3 records

Feature3 records

Partnerships

One partnership is on record.

• FNEX Capital, LLCcoreOthersWholly-owned subsidiary operating as FINRA/SIPC registered broker-dealer conducting private placement securities transactions. Securities offered through FNEX Capital.

Scale indicators8 records

Recent moves6 records

Expansion highlights6 records

Market position

Competitive moat5 records

Key risks5 records

Key highlights7 records

Customer concentration

• Xx.com/InvestFNEX
• Facebookfacebook.com/Investfnex

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles9 records

Subsidiaries1 record

Funding overview

Funding rounds1 record

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about FNEX