IPO CLUB

What IPO CLUB does

IPO CLUB is a private-market investment manager that builds, manages, and distributes fund vehicles giving accredited investors and qualified purchasers access to late-stage U.S. private companies before they go public. The firm is operated by Higive Ltd, an Exempt Reporting Adviser registered with the SEC (CRD 320736) and domiciled in England and Wales, with its primary U.S. operations housed in Miami Beach. Its product stack consists of three investment vehicles — Fund I (a 2020-vintage series LLC that has delivered 2.58x TVPI and 44.3% gross IRR across 8 realized exits and 29 active positions), the America 2030 Fund (an actively raised, secondary-focused, 5-year vehicle targeting defense, energy, AI infrastructure, robotics, critical minerals, and space with 10 portfolio positions including Shield AI, Redwood Materials, and SambaNova), and Single-Name SPVs for concentrated single-company exposure — supplemented in May 2026 by the Advisor Desk, a gated digital workspace for registered investment advisors. The platform's core "technology" is this centralized Advisor Desk, which consolidates deal pipeline, quarterly valuations on 120+ private companies, compliance-cleared due diligence materials, and client-ready reporting tools into a single verified portal available free of charge to verified advisors.

The firm's revenue model is fee-based rather than subscription-software-based: all placement, administrative, and management fees are embedded in the per-share purchase price paid by limited partners, so the funded amount on each investment already reflects fee deductions, while carried interest is crystallized at realization — only 0.08x of net DPI has crystallized to date versus 2.49x of RVPI. Distribution is multi-channel, combining direct sales to accredited investors through a membership data room, B2B2C distribution to RIAs and wealth managers via the Advisor Desk, SDIRA access through a custodial partnership with Alto, and academic/recruitment tie-ups such as the McCombs School of Business analyst internship program. Customer segments are explicitly tiered between high-net-worth individuals (accredited investors and qualified purchasers) and intermediary advisors (RIAs and wealth managers), with the Advisor Desk positioned as the operational wedge to scale advisor-led private-market allocation. The company remains privately held with 1-10 employees, no public ticker, and no disclosed company-level revenue, relying instead on fund-level performance metrics (TVPI, IRR, DPI, RVPI) as the primary commercial signal.

Name

IPO CLUB

Legal name

IPO CLUB, LLC

Website

https://ipo.club

Company type

Private

Founded year

2020

Operating status

Operating

Headcount range

1–10 employees

Short description

IPO CLUB is a private-market investment manager that builds and distributes fund vehicles (Fund I, America 2030, Single-Name SPVs) giving accredited investors and RIAs access to late-stage U.S. pre-IPO companies, managed by SEC-registered adviser Higive Ltd.

Ownership category

akta.pro rank

Product category

Pre-IPO Private Market Investment Management

NAICS

Portfolio Management and Investment Advice (523940), Investment Banking and Securities Intermediation (523150)

SIC

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

akta.pro primary industry

Initial Public Offerings (IPOs) (FSACAAAA)

akta.pro secondary industry

IPO & Public Markets Advisory (BPAHADAH)

Keywords

• Pre-IPO investing
• Private market funds
• Venture capital management
• Alternative investments
• Accredited investor access

Headquarters

HQ city

Miami

HQ country

United States

HQ region

North America

Offices2 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

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

Revenue model

1. Management and Placement Fees: All placement, administrative and management fees are embedded in the per-share purchase price paid by limited partners; the funded amount recorded on each investment already reflects the deduction of these fees.
2. Carried Interest: Carried interest is crystallized at realization. As of March 31, 2026, carry has been crystallized on realized distributions (Net DPI of 0.08x). No carry has yet crystallized on unrealized marks (RVPI of 2.49x); additional carry will crystallize at future exits.

Pricing tiers

Go-to-market motion2 records

Distribution channels4 records

Marketing channels5 records

Core offering

IPO CLUB is a private-market investment manager that operates a pre-IPO co-investment platform giving accredited investors and qualified purchasers access to late-stage U.S. private companies. It offers exposure through managed funds (Fund I, America 2030) and Single-Name SPVs, and in May 2026 launched the Advisor Desk — a gated digital workspace for registered investment advisors — to consolidate deal pipelines, quarterly valuations on 120+ private companies, compliance-cleared due diligence, and client-ready reporting tools.

Product overview

IPO CLUB operates as a pre-IPO co-investment platform for accredited investors and qualified purchasers, offering access to late-stage U.S. private companies before IPO across six strategic sectors: Defense, Energy, AI Infrastructure, Robotics, Critical Minerals, and Space. The platform consists of three main investment vehicles: the flagship Fund I (2020 vintage, delivering 2.58x TVPI and 44.3% IRR), the actively managed America 2030 Fund (a short-duration secondary vehicle targeting 2030 maturity), and Single-Name SPVs (for targeted individual company exposure). In May 2026, IPO CLUB launched the Advisor Desk as a new distribution platform—a gated digital workspace for registered investment advisors and wealth managers to access the pre-IPO pipeline, quarterly valuations on 120+ private companies, compliance-cleared due diligence, and client-ready reporting tools.

Differentiator

Problem solved

Functional benefit

Brands

• America 2030: A short-duration fund investing in six sectors: Defense, Energy, AI Infrastructure, Robotics, Critical Minerals, and Space. Secondary-focused for later-stage entry, with a 2030 maturity aligned to exit timing. Minimum investment of $50,000, targeting 4.4x MOIC and 48% IRR.
• Advisor Desk
• Fund I

Products and services

• America 2030 Fund A short-duration, actively managed secondary investment fund with a 2030 maturity that targets U.S. late-stage private companies in six strategic sectors: Defense, Energy, AI Infrastructure, Robotics, Critical Minerals, and Space. Minimum investment is $50,000, it is IRA-eligible, and it currently holds 10 active positions including Shield AI, Redwood Materials, SambaNova, Lightmatter, Kodiak, Newcleo, Loft Orbital, Impossible Metals, Terradepth, and Shotling. It is aimed at accredited investors and qualified purchasers seeking later-stage entry at attractive prices.
• Fund I IPO CLUB's inaugural fund (2020 vintage, structured as a series LLC) focused on late-stage U.S. private companies. As of March 31, 2026 it has delivered 2.58x TVPI and 44.3% IRR, with 8 realized exits (Palantir, SoFi, Airbnb, Confluent, Rubrik, PM Insight, Instacart, DataRobot) and 29 active positions remaining.
• Single-Name SPVs Single-company special purpose vehicles that allow accredited investors to invest in individual pre-IPO companies, providing targeted exposure to specific private market opportunities alongside the broader fund approach.
• Advisor Desk A centralized gated digital workspace that enables registered investment advisors and wealth managers to access pre-IPO investment opportunities through a streamlined workflow. It consolidates the deal pipeline, quarterly valuations on 120+ private companies, compliance-cleared due diligence, and client-ready reporting tools, and is available free of charge to verified advisors.

Quantifiable outcome

• Fund I delivered 2.58x TVPI and 44.3% IRR to date as of March 31, 2026
• +2 more outcomes

Named customers2 records

Segments3 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Two partnerships are on record, tiered minor and core.

• McCombs School of Business at The University of Texas at AustinminorOthers · 5 November 2025America 2030 launched an Analyst Internship Program recruiting exclusively from McCombs School of Business, offering hands-on experience in venture capital, private markets, and strategic research for students in Austin's innovation ecosystem.
• AltocoreChannel Partner/ Reseller/ DistributorAlto is a leading SDIRA custodian that specializes in making alternative investments including venture capital accessible for individual investors. Through this partnership, IPO CLUB offers the America 2030 Fund on Alto's marketplace, enabling retirement account holders to access pre-IPO investment opportunities through their self-directed IRAs.

Scale indicators6 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• Forge Global: Forge operates the largest pre-IPO secondary marketplace, directly competing with IPO CLUB's Single-Name SPVs and Fund I offerings. Both platforms serve accredited investors seeking late-stage private company exposure before IPO, with overlapping deal pipelines and similar compliance-cleared diligence workflows.
• EquityZen: EquityZen is a long-established pre-IPO secondary investment platform serving accredited investors with single-company and fund-style offerings. Directly comparable in product structure to IPO CLUB's Single-Name SPVs and America 2030 fund vehicle.
• Nasdaq Private Market: Nasdaq Private Market operates a regulated platform for secondary trading of late-stage private company shares, offering tender offers and structured liquidity programs. Directly comparable in serving the pre-IPO secondaries market that IPO CLUB targets.
• Hiive: Hiive is a marketplace for private company secondary shares, allowing accredited investors and funds to buy and sell pre-IPO equity. Directly comparable to IPO CLUB's secondary-first thesis, with overlap in seller/buyer base and underlying deal universe.
• Moonfare: Moonfare offers curated access to late-stage private equity and venture funds for qualified individual investors, with thematic and sector-specific vehicles. Directly comparable to America 2030's fund structure and accredited-investor targeting.
• Yieldstreet: Yieldstreet provides access to alternative investments across multiple asset classes to accredited investors through managed vehicles and individual offerings. Comparable in audience (HNW individuals seeking alternatives) and in fund-plus-SPV distribution model.
• AngelList (Rolling Funds / Venture): AngelList operates rolling-fund and SPV infrastructure for private-market investing by accredited investors and RIAs. Comparable in providing SPV mechanics and a digital workflow for accessing venture and late-stage private deals.
• SharesPost: SharesPost is an early-mover pre-IPO secondary platform providing accredited investors access to late-stage private company shares. Directly comparable legacy competitor in the same niche IPO CLUB serves.

Broad incumbents

• Carta: Carta is a much larger private-market infrastructure platform spanning cap table management, secondary liquidity (CartaX), and fund administration. Overlaps with IPO CLUB on private-market access and LP services but operates as a broad incumbent across the entire private-markets stack.
• iCapital Network: iCapital is the leading platform for alternative-investment access by RIAs and wealth managers, with deep fund-due-diligence and reporting infrastructure. Highly comparable to IPO CLUB's Advisor Desk distribution model targeting the same RIA buyer base.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks7 records

Key highlights6 records

Customer concentration

• Xx.com/ipo_club
• LinkedInlinkedin.com/company/pre-ipo-club

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds

Investors

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

M&A

Investments3 records

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

Frequently asked questions about IPO CLUB