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Jan 16, 2026 12:00 PM

Nasdaq Private Market Closes Series C Round, Marking 4x Valuation Step-up Since 2024

NEW YORK, Jan. 16, 2026 (GLOBE NEWSWIRE) -- Nasdaq Private Market (NPM), a leading provider of liquidity and investment opportunities for private companies, employee shareholders and investors, today announced the successful closing of its Series C financing. The $37.6 million round was led by new investor Cerity Partners, welcomed Optiver to the cap table and saw increased participation from existing investors, including Nasdaq, DRW Venture Capital and HiJoJo Partners.

Since spinning out from Nasdaq in 2021, Nasdaq Private Market has evolved into an independent, high-growth company focused exclusively on serving the private market ecosystem. The Series C emphasizes the firm's momentum, growing market relevance and increased institutional and international participation, and comes on the heels of a record year with nearly $15 billion of transaction volume for clients.

"Private markets are undergoing a structural shift as companies stay private longer and liquidity needs become more frequent, more common at earlier stages and increasingly complex," said Tom Callahan, CEO of Nasdaq Private Market. "With the support of our investors, Nasdaq Private Market has been focused on building out a full-service platform for private market participants including structured liquidity programs, trading and investment capabilities, transfer and settlement of private market trades and data. Our record volume, the breadth of our platform and partnerships and the capital we've ...