The Augment Private
Liquidity Network

Private markets should work like markets.

The median company now waits 14+ years to go public, according to the National Bureau of Economic Research, if it ever does. For most of that time, the people who own a piece of it have had few standing places to buy or sell. Each transaction is arranged on its own, and when it closes, the process that produced it ends.

The Augment Private Liquidity Network is built to be that standing place. Augment brings private-company inventory, standardized fund units, buyers, and sellers into one system, so an eligible position can find its next owner without leaving the platform. Eligible participants may place orders through the Network, subject to applicable terms and market conditions.

Median Company Age at IPO
5 7 9 11 13 1980 1990 2000 2010 2020 2024
National Bureau of Economic Research

Learn how the Augment Private Liquidity Network works

01

Augment buys and warehouses shares

Augment acquires positions in private companies, directly on the cap table or through partners, and holds them through our Collective funds. We participate in primary and secondary rounds alongside other investors, so inventory is on hand before an offering opens rather than sourced one deal at a time.

For informational purposes only. Data presented is illustrative and does not reflect current market valuations. Executable pricing available to qualified users within the platform.

02

We unitize the inventory and standardize it for trading

Each Collective fund issues standard units. One unit represents one share of the underlying company, and the fund's legal and operational structure is designed so units can transfer between eligible participants within the Network.

Units are issued through Collective Offerings, where eligible investors can participate in Augment's position with minimums starting at $10k. Review the offering documents for each fund, its underlying assets, and its terms before investing.

For informational purposes only. Data presented is illustrative and does not reflect current market valuations. Executable pricing available to qualified users within the platform.

03

You trade on the Network

Once issued, units stay in the Network. Eligible holders can post sell orders, eligible buyers can place buy orders, and an order may be filled from other holders' posted units, from newly issued Collective inventory, or both.

A position doesn't have to wait for an IPO to change hands. If the underlying company does go public, the fund is structured to distribute the underlying shares to unitholders. Orders are subject to eligibility, applicable terms, and market conditions. A submitted order is not an assurance of a transaction.

For informational purposes only. Data presented is illustrative and does not reflect current market valuations. Executable pricing available to qualified users within the platform.

Buying units on the Network

1. Find a company

Gain access to shares of private companies at prices set in the secondary market.

2. Place an order

Transparent and competitive fees are designed to keep costs low, even for high-value transactions.

3. Close with Lightning Close

Investing through Collective is secure and efficient on our easy-to-use platform.

4. Track it

The position appears in your portfolio, on the web or in the app.

Selling units on the Network

Holders of eligible positions can post a sell limit order directly from their portfolio. Set a minimum sale price, review the order, and submit. Eligible buyers on the Network can act on it. There is no need to leave your portfolio to place it.

Whether a position is eligible depends on the terms that apply to that opportunity, including issuer restrictions, transfer limitations, approvals, documentation, and buyer availability. A limit order is not guaranteed to execute and may expire unfilled, even if the specified price is reached or exceeded. Selling securities may result in tax consequences

For informational purposes only. Data presented is illustrative and does not reflect current market valuations. Executable pricing available to qualified users within the platform.

Stripe
Eligible to sell
Estimated value
$158,032.91
Change
+9.14%
Sell
Revolut
Eligible to sell
Estimated value
$158,032.91
Change
+12.32%
Sell

Available on the App Store

Invest in private companies from your phone

Search companies, follow market activity, and track positions from the app.

Get the App

Joining the Network

A network needs different roles. Eligible individuals, institutions, and brokerage and wealth partners can join the same network to trade on the same rails.

Individuals

Create an account to explore current offerings and see which positions in your portfolio are eligible to sell.
Create account

Institutions

Talk to us about bringing inventory to the Network or building on it for your clients.
Contact us