PrivatEquity.biz, Israel-based secondary market trading arena, announced on Tuesday that it has launched its Global Provider Program.
According to PrivatEquity.biz, the Global Provider Program aims to help mature private, pre-IPO high-tech companies to receive investments from both private and institutional investors in their regions through secondary market platforms, which will be constructed by the company.
Sigalit Cohen, CEO of PrivatEquity, stated:
“We strive to make the secondary market more accessible by applying global partnership programs in relevant markets. An impressive example for this capability is PrivatEquity.biz Israel, a global online platform that introduced potential investors with the securities of pre-IPO private high-tech companies. These securities are held by employees, former employees, company founders and service providers.
“We strive to make the secondary market more accessible by applying global partnership programs in relevant markets. An impressive examplefor this capability is PrivatEquity.biz Israel, a global online platform that introduced potential investors with the securities of pre-IPO private high-tech companies. These securities are held by employees, former employees, company founders and service providers.”
Cohen then added:
“A growing number of top [high] tech companies remain private for longer periods of times and raise more money from private investors and other sources beyond VCs and angel investors. Through our localized platforms, private and institutional investors will gain access to a pre-selected range of the most promising mature private [high] tech companies in their country before their value grows and before their IPO. As a result, local economies will be able to improve the ability to finance innovation to build successful and sustainable high-tech companies.”