Get Access raises $5M to open late-stage startup deals to tech insiders
What's the deal? Get AccessDealroom has a profile for this one. Try Dealroom → has raised $5 million in an early-stage round at an $85 million post-money valuation, led by Sound Ventures. Box chief executive officer Aaron LevieDealroom has a profile for this one. Try Dealroom →, Lux Capital managing partner Josh Wolfe, and Eventbrite co-founder Kevin HartzDealroom has a profile for this one. Try Dealroom → joined, Business Insider first reported.
What's the endgame? The startup runs a selective network that pools money from accredited investors so they can back later-stage private companies from Series B onward. Its early deals include Crusoe's recent $3.9 billion round.
How it makes money: Members pay no management or access fees on individual investments. Instead, Get Access takes 10% of any profits and earns most of its revenue through membership dues.
The company says it reached $1 million in revenue within five days of a private launch. Chief executive officer Michael Goodbody says he started it after struggling to find attractive private-market deals on his own and spotting similar demand among other tech executives.
What sets it apart: Get Access is positioning against rivals such as AngelList by keeping membership selective. It says members must contribute more than capital — operating experience, industry relationships, or help with hiring, partnerships, and visibility.
Why now? Private technology companies are staying off public markets for longer, leaving accredited individuals shut out of rounds dominated by venture firms and large institutions. The pitch lands as companies such as OpenAI and Anthropic reach valuations once more common on public exchanges.
What could go wrong? Investors still face the usual private-market risks, with no guarantee of returns.
The signal: Get Access joins a growing push to widen access to late-stage startup deals for those outside the top tier of venture capital. The bet is that strategic backers — not just cash — will give founders a reason to let them in before a potential public listing.
Read more: tradersunion.com
Image credit: ShashiBellamkonda
