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Built exclusively on Venture360

The Direct Path to
Liquidity for
Venture Capital

Venture360 powers thousands of funds and syndicates managing billions in private assets. LIQUIFI gives those investors a broker-facilitated path to access secondary liquidity for SPV interests, structured to facilitate transactions in accordance with applicable securities regulations.

Venture360 is the operating system for venture capital, trusted by fund managers and syndicate leads to administer SPVs, funds, and run investor operations at scale.

How SPV Liquidity Works

Private Company

Raises capital through a primary issuance

Syndicate Sets Up SPV

LPs pool capital into an SPV that holds shares on their behalf

Investors Hold SPV Interests

Each LP owns a share of the SPV, not the company directly

LIQUIFI Facilitates Transfers

LPs transfer their SPV interests through broker-facilitated secondary transactions

Transactions are structured at the SPV level and are generally designed to avoid changes to the underlying company cap table.

Securities offered through LIQUIFI, member FINRA / SIPCPrivate securities involve risk including illiquidity and possible loss of investmentNot FDIC insured. No bank guarantee. May lose valueAvailable to accredited investors only. Verify your status during onboardingLIQUIFI is a wholly-owned subsidiary of Venture360Past performance is not indicative of future resultsSecurities offered through LIQUIFI, member FINRA / SIPCPrivate securities involve risk including illiquidity and possible loss of investmentNot FDIC insured. No bank guarantee. May lose valueAvailable to accredited investors only. Verify your status during onboardingLIQUIFI is a wholly-owned subsidiary of Venture360Past performance is not indicative of future results
How It Works

Three steps to
secondary liquidity

Whether you're looking to transfer existing positions or acquire interests in private companies, LIQUIFI facilitates the process through its licensed broker-dealer platform.

1

Create Your Account

Complete our streamlined onboarding with identity verification, accreditation confirmation, and compliance review, all handled within the LIQUIFI platform.

2

Browse or List

Approved buyers explore available private company interests with detailed profiles and SPV information. Sellers indicate their interests directly from their Venture360 portfolio. Access to listings is available to qualified, pre-screened participants reviewed by LIQUIFI's team prior to any introduction.

3

Transfer & Settle

LIQUIFI's team facilitates the introduction of interested parties, assists with negotiation, and coordinates closing documents, escrow arrangements, and fund disbursement. Portfolio records are updated following transaction closing across both platforms.

Structure Is Strategy

You transfer the SPV interest,
not the underlying shares

That single distinction is why liquidity inside an SPV is cleaner, faster, and within your control. Here is the same transaction, two ways.

Selling shares on the cap table

The path with friction

1
Request to transfer shares

Triggers transfer restrictions written into the company documents

2
Clear right of first refusal

ROFR provisions can stall or unwind the sale

3
Secure company approval

Adds dependence on a third party and their timeline

4
Amend the company cap table

Months of friction, often outside your control

Selling the SPV interest on LIQUIFI

The path LIQUIFI runs

1
An LP elects to sell their interest

They transfer their position in the SPV, not the shares

2
The company cap table stays untouched

ROFR and company approval do not apply

3
LIQUIFI introduces eligible buyers

Broker-dealer access broadens the pool of pre-screened, qualified potential buyers

4
The interest is transferred at closing

LIQUIFI coordinates documentation and escrow — cleaner, faster, and within your control as manager

The Venture360 Advantage

Why LIQUIFI is
fundamentally different

Unlike standalone secondary platforms, LIQUIFI is built directly into the Venture360 ecosystem. Your SPV data, investor records, and portfolio information flow seamlessly, with no manual reconciliation and no data gaps.

Venture360

Fund management, SPV administration, investor relations

LIQUIFI

Broker-facilitated secondary transfers, price negotiation, regulated closing process

Settlement

Third-party escrow, closing docs, portfolio updates, statements

Pre-Populated Data

Seller holdings, purchase dates, share counts, and SPV details flow directly from Venture360, with no re-entry required.

Auto-Sync Portfolio

After a trade closes, both buyer and seller portfolios are updated instantly across Venture360 and LIQUIFI.

GP-Controlled Access

Group Admins approve trading per SPV, set pricing controls, and manage investor eligibility, for complete oversight.

Unified Reporting

Monthly statements with activity and quarterly statements are generated across both platforms. One source of truth.

Transaction Support

LIQUIFI assists in the administrative coordination of transactions, including document preparation and communication between parties.

Supervisory Review

Transactions are subject to supervisory review in accordance with applicable FINRA rules.

Also From LIQUIFI

LIQUIFI also works directly with issuers to create custom markets

The issuer sets the rules. The SPV organizes the terms.

Custom Transaction Structure

Each issuer gets a bespoke structure with their own transaction windows, pricing parameters, eligible buyer criteria, and volume limits.

Purpose-Built SPVs

SPVs organize information rights, transaction conditions, reporting requirements, and investor eligibility into a clean, enforceable structure.

Issuer-Controlled Transfers

Every transaction is visible to and approved by the issuing company. No unauthorized transfers. No cap table surprises.

Limited Information Rights

SPV structures define exactly what information investors receive, protecting the issuer's confidential data while maintaining transparency.

Regulatory Compliance

Transaction conditions are structured to help keep holder counts below SEC reporting thresholds. The issuer maintains private company status on their terms.

Aligned Incentives

Issuers get cap table control. Investors get verified access. Fund managers get transparent, administrable structures.

Early Access

Ready to unlock
liquidity?

Join the waitlist to be among the first to access broker-facilitated secondary liquidity for your private holdings through LIQUIFI.

Join the Waitlist

For accredited investors only. By signing up you agree to our Terms of Service .

DISCLAIMERS & DISCLOSURES

As of February 2, 2026

Securities Disclaimer

The following disclaimers and disclosures are made by Liquifi, LLC and its affiliates (collectively, "Liquifi") concerning the information displayed on or made available through Liquifi. Use of Liquifi's services and these disclaimers and disclosures are subject to Liquifi's Terms of Use; any capitalized term used but not defined in these disclaimers and disclosures will have the meaning provided in the Terms of Use.

Liquifi does not operate an exchange, alternative trading system ("ATS"), or securities marketplace and does not provide execution services. Transactions initiated through Liquifi are privately negotiated and effected on an agency basis by Liquifi, LLC as a FINRA-registered broker-dealer.

Liquifi does not (i) advise parties on the merits of a particular transaction, (ii) assist in negotiation, transaction, or financial dealings between users or with the issuer of company shares, (iii) assist in the fair market value of any security or investment, or (iv) provide legal, tax or advisory services to its users. An offer or solicitation can be made only by delivering the final offering and purchase document(s) and will be subject to the terms and conditions and risks delivered in such documents.

Valuations are approximate based on analysis of data that has been publicly disclosed. The public information incorporated into Liquifi's analysis may be incomplete and has not been independently corroborated by Liquifi. There may exist material non-public information that impacts valuation. Valuations are intended to be illustrative rather than definitive and are subject to change. Investors should conduct their research and analysis on companies of interest and not rely on Liquifi's analysis.

All investment opportunities are based on non-binding indications of interest from sellers and will need to be confirmed. Opportunity size and price-per-share figures do not include transaction fees or fees charged by Liquifi LLC, a FINRA-registered broker-dealer.

Investing in private company securities is not suitable for all investors. An investment in private company securities is highly speculative and risky, and should only be considered a long-term investment. You must be prepared to withstand a total loss of your investment. Private company securities are also highly illiquid, and there is no assurance that your investment objectives will be attained or that a market will develop for such securities.

Under no circumstances should any person make trading decisions based solely on the information provided on Liquifi. We are not an investment adviser or qualified financial advisor, and you should not construe any information discussed herein to constitute investment advice. It is strictly informational. You are solely responsible for making your own investment decisions and any consequences relating to such decisions.

Total closed transaction volume includes representation of buyers and sellers in securities transactions conducted through Venture360, Inc. and Liquifi LLC (Member FINRA/SIPC), as well as the placement of fund interest in third-party special purpose or pooled investment vehicles.

Liquifi makes no representation, warranty, or guarantee as to the completeness, accuracy, timeliness, or suitability of any information contained within any communication from Liquifi, nor is it free from error. Past performance is not indicative of future results.

Liquifi offers standard forms of agreement that the buyer and seller may digitally sign as part of the transaction process. Forms of agreement are made available on an 'as-is' basis. Liquifi is not acting as legal counsel to any party. Users are solely responsible for using Liquifi forms of agreement and should read these important disclaimers before initiating the transaction process. Liquifi strongly recommends that users consult their legal or financial advisors before entering any agreement.

Transactions initiated through Liquifi generally require the buyer and seller to enter into additional agreements, including a customer agreement with Liquifi and an escrow agreement with a third-party provider for the buyer's funds and evidence of the seller's ownership of securities. Most issuers of securities require the buyer and seller to enter into a stock transfer agreement with it before the issuer agrees to process a change in ownership of its securities on its books and records.

Each buyer and seller in a Liquifi-facilitated transaction is solely responsible for making their own legal determination about the availability of an exemption from applicable securities laws. Transactions facilitated by Liquifi are generally limited to accredited investors and other eligible participants under applicable securities laws.

Liquifi is not registered as an investment adviser with the U.S. Securities and Exchange Commission ("SEC"), any state regulator, or any other regulatory body. Nothing made available through Liquifi may be construed as investment advice.

General Disclaimer/Disclosures

Use of this site is governed by the Liquifi Terms of Service and Privacy Policy, as well as various notices, rules, policies, and procedures that may be published on this site occasionally. The Terms of Service govern use of this site. Your use of the site serves as your acknowledgement and acceptance of these terms, conditions, and disclaimers.

No contract can be entered into on this site, and no transaction is processed or cleared by Venture360, Inc. Any securities transactions, if and when approved, will be handled through Liquifi, LLC, a licensed broker-dealer affiliated with Venture360, Inc.

Content on this site is provided for informational purposes only, and no guarantee is made on the completeness, reliability, or accuracy of the information. The site and service are open only to qualified, approved participants. The site is intended for sophisticated private equity shareholders, for owners of other private equity securities and interests, and for persons who are "accredited investors."

Pricing data on this site does not necessarily reflect current market prices or the value you would receive upon selling such assets. Your assets, when sold, may be worth more or less than the original cost to you. Certain assets may be illiquid and unavailable for sale at any price.

Liquifi is not affiliated with, sponsored by, or endorsed by any of the companies listed, described, or featured on its site as being issuers of pre-IPO stock, and the use of any such issuer's logos or trademarks does not imply any endorsement of Liquifi or Liquifi services.

Securities are offered by Liquifi LLC, an SEC-registered broker-dealer and member of FINRA/SIPC. Liquifi LLC is a wholly owned subsidiary of Venture360, Inc., which is not registered with the SEC, FINRA, or any state securities authority and does not engage in the offer, sale, or trading of alternative investments or securities.

Public Disclosure Program

Liquifi LLC is required to provide you with information regarding the Public Disclosure Program for investors. Created by FINRA in 1988, the Public Disclosure Program allows you, the investor, to learn about the professional background, business practices, and conduct of FINRA member firms and their brokers. To request disclosable information under this program, visit FINRA BrokerCheck or call (800) 289-9999, a toll-free hotline FINRA operates.

Securities Investor Protection Corporation (SIPC)

Liquifi LLC is required to provide you with information regarding the Securities Investor Protection Corporation (SIPC). Created by Congress in 1970, the SIPC is an important part of the overall system of investor protection in the United States. The SIPC's focus is very narrow: restoring funds to investors with assets in the hands of bankrupt and otherwise financially troubled brokerage firms.

You can obtain information about SIPC, including obtaining the SIPC brochure, by contacting SIPC:

Securities Investor Protection Corporation
805 15th Street, N.W. Suite 800
Washington, D.C. 20005-2215
Telephone: (202) 371-8300
Fax: (202) 371-6728
Email: asksipc@sipc.org

You may also visit the SIPC website at www.sipc.org to obtain information.

Liquifi LLC is a registered broker-dealer and member FINRA/SIPC. Secondary transactions in private securities are subject to issuer approval, transfer restrictions, securities law requirements, and investor eligibility standards.