Vex Capital
Vex Capital is a Puerto Rico-based registered investment adviser (CRD# 337207) that runs a web catalog of pre-IPO private companies and manages SPV investments for qualified purchasers under the Investment Company Act of 1940.
- Company typePrivate
- Founded2021
- HeadquartersSan Francisco, United States
- Headcount1–10
- GTM typeB2B
- OfferingServices
What Vex Capital does
Vex Capital is the trade name of Vex Holdings Puerto Rico Corp., a registered investment adviser (CRD# 337207) that operates a web-based platform providing qualified purchasers with curated access to pre-IPO private companies. The firm is built around two integrated offerings: a public browseable Catalog at vex.capital that profiles high-growth private companies alongside amounts raised, and an SPV investment management service that structures and administers special-purpose vehicles so qualified purchasers can take exposure to those underlying deals. Access is gated by a self-certification flow at vex.trade/auth, restricting the platform to investors meeting the Qualified Purchaser threshold under the Investment Company Act of 1940 (high-net-worth individuals and institutional investors).
The catalog currently surfaces at least six companies across geographies — including Beijing-based foundation model developer Moonshot AI ($4.5B raised), U.S. white-label BNPL software firm equipifi ($49M raised), AI-native compliance platform Greenboard ($20M raised), AI-driven cybersecurity awareness company Frame Security ($50M raised), carbon-removal player CREW Carbon ($30.3M raised), and German trapped-ion quantum hardware company eleQtron ($63M raised) — positioning the platform as a thematic, cross-border private deal funnel rather than a single-sector offering. The firm was founded in 2021, operates with 1-10 employees, and is led by CEO Ryan Singer.
On the commercial side, Vex Capital generates revenue through management fees and performance fees on the SPVs it manages for qualified purchasers. Go-to-market is sales-led and relationship-driven, with no traditional broker or advisor distribution channel; the company relies on its website as the sole marketing surface and uses 'Qualified Purchasers only' both as a regulatory posture and a positioning statement. Revenue, AUM, fees, customer count, partnerships, and funding rounds are all undisclosed in the available source material, indicating an early-stage operation whose material data points are concentrated in its regulatory credentials and curated catalog rather than in disclosed operating metrics.
Vex Capital firmographics
Firmographics- Name
- Vex Capital
- Legal name
- Vex Holdings Puerto Rico Corp.
- Website
- https://vex.capital
- Company type
- Private
- Founded year
- 2021
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Short description
- Vex Capital is a Puerto Rico-based registered investment adviser (CRD# 337207) that runs a web catalog of pre-IPO private companies and manages SPV investments for qualified purchasers under the Investment Company Act of 1940.
- Ownership category
- akta.pro rank
Vex Capital industry classification
Industry- Product category
- Alternative Investments / Private Market Advisory
- NAICS
- Portfolio Management and Investment Advice (523940), Other Investment Pools and Funds (5259)
- SIC
- Investment Advice (6282), Security Brokers, Dealers & Flotation Companies (6211)
- akta.pro primary industry
- Alternatives & Multi-Asset Digital Wealth Platforms (PE/VC/Real Assets access) (FSAGAEAL)
- akta.pro secondary industries
- Sector-Focused Venture Capital (Vertical Specialists) (FSANAAAD), Secondary Offerings & Share Sales (Secondary Placements) (FSACAAAG)
Keywords
Where Vex Capital is headquartered
LocationHeadquarters
- HQ city
- San Francisco
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
Vex Capital business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Technology or R&D, Marketing or Sales
Revenue model
- Investment Management Fees: As a registered investment adviser (CRD# 337207), Vex Capital generates revenue through management fees and performance fees from managing SPV (Special Purpose Vehicle) investments for qualified purchasers. The platform facilitates access to high-growth private companies and pre-IPO investment opportunities.
Go-to-market motion1 record
Distribution channels1 record
Marketing channels1 record
Vex Capital product offering
Product offeringCore offering
Vex Capital is a registered investment adviser that catalogs high-growth pre-IPO private companies and manages SPV (Special Purpose Vehicle) investments on behalf of qualified purchasers. Investors browse a curated catalog of companies (Moonshot AI, equipifi, Greenboard, Frame Security, CREW Carbon, eleQtron) and complete a self-certification process to access investment opportunities in private securities. The firm operates under CRD# 337207 and is restricted to investors meeting the Qualified Purchaser threshold under the Investment Company Act of 1940.
Product overview
Vex Capital operates as a private company investment platform offering a single unified service for qualified purchasers. The core offering consists of the Catalog platform for browsing pre-IPO investment opportunities, combined with SPV (Special Purpose Vehicle) investment management services to facilitate actual investment execution. The company covers high-growth private companies and manages investments on behalf of qualified purchasers as defined under the Investment Company Act of 1940.
Differentiator
Problem solved
Functional benefit
Products and services
- Pre-IPO Company Catalog Browseable web catalog presenting curated pre-IPO private company profiles with funding amounts and short business descriptions, available only to qualified purchasers per the Investment Company Act of 1940.
- SPV Investment Management Special Purpose Vehicle (SPV) investment management service enabling qualified purchasers to invest in high-growth private companies through Vex Holdings Puerto Rico Corp., a registered investment adviser.
Companies that use Vex Capital
Customer profileSegments1 record
Ideal customer profiles1 record
Vex Capital technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Vex Capital partnerships and signals
Strategic signalScale indicators1 record
Recent moves4 records
Expansion highlights3 records
Vex Capital competitors and assessment
Company assessmentDirect peers
- AngelList: AngelList (now part of AngelList Holdings) operates a roll-up vehicle and syndicate platform that lets accredited/qualified investors co-invest in venture-backed startups via SPVs — the closest functional analogue to Vex Capital's curated catalog + SPV structure for private deals.
- EquityZen: EquityZen provides qualified investors access to pre-IPO shares via SPV-like fund vehicles, with diligence summaries on private companies. It is the canonical comparator to Vex Capital's catalog-plus-SPV model.
- Forge Global: Forge Global operates a marketplace and private securities trading platform for accredited/qualified investors, sharing Vex Capital's gating model and offering comparisons on private-share liquidity and access.
- Hiive: Hiive runs a private company stock marketplace with curated listings targeting accredited investors, mirroring Vex Capital's catalog-style discovery experience for pre-IPO shares.
- Moonfare: Moonfare digitalizes access to top-tier private equity and venture funds for qualified investors via feeder structures, making it a strong functional peer to Vex Capital's SPV-based access to private-company deals.
- SharesPost: SharesPost facilitates secondary trading and pre-IPO access for accredited investors in late-stage private companies — directly comparable to Vex Capital's positioning as a curated pre-IPO access layer for QPs.
Broad incumbents
- Carta (private markets): Carta is the dominant cap-table and equity management platform that has expanded into secondary trading, fund admin, and SPV tooling — broader than Vex Capital, but with overlapping solutions for QPs seeking private-company exposure.
- iCapital: iCapital is a large alternatives platform providing wealth managers and HNW clients access to private equity, venture, and hedge funds — comparable to Vex Capital at the higher-AUM end of QP-oriented alternative investing.
- Goldman Sachs Private Investing (Marcus / GS Private): Goldman Sachs provides qualified purchasers with structured access to alternatives and private-company deal flow through its wealth platform — a large incumbent benchmark for what scaled QP-only private-market distribution looks like.
Emerging players
- Republic (Republic Capital): Republic operates a private investment platform spanning startups, real estate, and crypto, with SPV-style access offerings. It overlaps with Vex Capital's curated pre-IPO pitch model, though Republic extends into retail-eligible deals.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat3 records
Key risks6 records
Key highlights7 records
Customer concentration
Vex Capital social profiles
Digital presenceVex Capital financial estimates
Financial estimateRevenue estimate
Valuation estimate
Vex Capital leadership team
Management profileNumber of profiles
Profiles1 record
Vex Capital funding detail
Funding detailFunding overview
Funding rounds1 record
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Vex Capital M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Vex Capital
What does Vex Capital do?
Vex Capital is a registered investment adviser that catalogs high-growth pre-IPO private companies and manages SPV (Special Purpose Vehicle) investments on behalf of qualified purchasers. Investors browse a curated catalog of companies (Moonshot AI, equipifi, Greenboard, Frame Security, CREW Carbon, eleQtron) and complete a self-certification process to access investment opportunities in private securities. The firm operates under CRD# 337207 and is restricted to investors meeting the Qualified Purchaser threshold under the Investment Company Act of 1940.
Is Vex Capital a public or private company?
Vex Capital is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was Vex Capital founded?
Vex Capital was founded in 2021. It employs 1 to 10 people.
Where is Vex Capital based?
Vex Capital is headquartered in San Francisco, United States, in the North America region.
How does Vex Capital make money?
One revenue line is on record: investment Management Fees.
Who are Vex Capital's main competitors?
Direct peers on record are AngelList, EquityZen, Forge Global, Hiive, Moonfare and SharesPost. Broad incumbents are Carta (private markets), iCapital and Goldman Sachs Private Investing (Marcus / GS Private). Republic (Republic Capital) is listed as an emerging player.
Does Vex Capital have an API?
No public API is recorded for Vex Capital.
What industry is Vex Capital in?
Vex Capital's product category is Alternative Investments / Private Market Advisory. Its primary akta.pro industry code is FSAGAEAL, Alternatives & Multi-Asset Digital Wealth Platforms (PE/VC/Real Assets access), with a secondary code of FSANAAAD, Sector-Focused Venture Capital (Vertical Specialists). Its NAICS code is 523940 and its SIC code is 6282.