The Q3 2026 data is in! From generative AI to hard-tech automation, here are the top ten companies that users on the EquityZen platform actively engaged with this quarter: 1. Generative AI & Infrastructure Take Center Stage: EquityZen users focused heavily on generative video and AI infrastructure. Higgsfield, a video AI firm, surged to the #1 spot, accompanied by strong platform momentum in AI tools and platforms like Clay, Fireworks AI, and Tensordyne. 2. Interest in Hard-Tech & Physical Automation: Electric aviation developer Heart Aerospace secured #2, while industrial AI robotics platform Atoms gained traction, highlighting EquityZen user attention toward hardware, transport, and physical automation assets. 3. Demand for Enterprise Software: Cybersecurity firm Huntress and blockchain intelligence platform Chainalysis saw significant growth in popularity.   4. Emerging Consumer Brands:  Prebiotic beverage maker, OLIPOP, and Neko Health, a health tech company focused on prevention, led interest across consumer products. The Top 10 Movers of Q3 2026: 1. Higgsfield 2. Heart Aerospace 3. Huntress 4. Clay 5. Fireworks AI 6. OLIPOP 7. Neko Health 8. Atoms 9. Chainalysis 10. Tensordyne 👉 Read our full analysis of these Q3 2026 private market trends. hubs.ly/Q04BXqRv0 #PreIPO #SecondaryMarket #VentureCapital #EquityZen #MorganStanley There are inherent risks in pre-IPO investments, including the risk of loss of the entire investment, illiquidity, and fluctuations in value and returns. This information is intended for informational purposes only and does not constitute a recommendation or personal financial advice. Use of this information is at the user's discretion and risk. All company names and logos are trademarks or registered trademarks of their respective holders. Use of them does not imply any affiliation with or endorsement by them.

Driven by rapid commercial adoption and soaring valuations, some AI startups are generating secondary demand and activity much earlier in their lifecycles compared to traditional timelines. But does this represent a temporary, cycle-driven surge—or a permanent shift in private-market liquidity expectations? In our latest post on EquityZen Insights, we break down the data to find out: ezen.fyi/4A3awv1 #PrivateMarkets #EquityZen #AI #Startups Not all pre-IPO companies will go public or be acquired, and not all IPOs or acquisitions are or will become successful investments. There are inherent risks in pre-IPO investments, including the risk of loss of the entire investment, illiquidity, and fluctuations in value and returns. Investors must be able to afford the loss of their entire investment. The information provided is intended for reference only and does not constitute a recommendation or personal financial advice.

Atish Davda, Head of Morgan Stanley Private Markets & EquityZen, and Jean Brandolini Lamb, Head of marketing, Morgan Stanley Private Markets & EquityZen recently sat down for a discussion about the future of the private markets at an offsite bringing together colleagues from across Morgan Stanley Wealth Management Marketing. It was a great opportunity to connect, and we look forward to our combined team’s efforts working together in this space! #privatemarkets #equityzen #morganstanley #firesidechat Not all pre-IPO companies will go public or be acquired, and not all IPOs or acquisitions are or will become successful investments. There are inherent risks in pre-IPO investments, including the risk of loss of the entire investment, illiquidity, and fluctuations in value and returns. Investors must be able to afford the loss of their entire investment. The information provided is intended for reference only and does not constitute a recommendation or personal financial advice.

Fall is here, bringing the latest update to our private market data. 🍁  The September edition of #MonthlyMovers is live, spotlighting the private companies that saw the largest surge in investor demand this past month. From AI software to space hardware and consumer goods, check out the top-trending names for September. 🥇Clay 🥈Tensordyne 🥉Ultraviolette Automotive ⭐Huntress ⭐Varda ⭐OLIPOP ⭐ElevenLabs ⭐Mistral AI ⭐Ayar Labs ⭐Thinking Machines Lab There are inherent risks in pre-IPO investments, including the risk of loss of the entire investment, illiquidity, and fluctuations in value and returns. This information is intended for informational purposes only and does not constitute a recommendation or personal financial advice. Use of this information is at the user's discretion and risk. All company names and logos are trademarks or registered trademarks of their respective holders. Use of them does not imply any affiliation with or endorsement by them.

Until recently, high investment minimums and heavy operational drag kept many investors on the sidelines of pre-IPO investing. Technology is now helping address traditional barriers, reducing friction around access, liquidity, transparency, and efficiency across the private market ecosystem. The next big challenge will be deploying technology in ways that better align the public and private market investing experiences while maintaining the unique structure of private assets. Read the full article on EquityZen insights to explore how technological advancements are modernizing pre-IPO investing while maintaining essential structural safeguards. ezen.fyi/3TDrz73 Not all pre-IPO companies will go public or be acquired, and not all IPOs or acquisitions are or will become successful investments. There are inherent risks in pre-IPO investments, including the risk of loss of the entire investment, illiquidity, and fluctuations in value and returns. Investors must be able to afford the loss of their entire investment. The information provided is intended for reference only and does not constitute a recommendation or personal financial advice.

Company-sponsored liquidity events have evolved from standalone transactions into repeatable programs that help pre-IPO companies manage talent and prepare for going public.  In a recent Q&A, Emiley Jellie, Managing Director and Head of Private Company Liquidity at Morgan Stanley, and Phil Haslett, Managing Director and Chief Strategy Officer of EquityZen, part of Morgan Stanley, provide insights on how leaders are leveraging tender offers and secondary trades to balance shareholder needs with long-term valuation strategy. Read the full piece on Morgan Stanley at Work to explore how modern liquidity tools are shaping the path toward an IPO. Article link: hubs.la/Q04ycQ8J0  Not all pre-IPO companies will go public or be acquired, and not all IPOs or acquisitions are or will become successful investments. There are inherent risks in pre-IPO investments, including the risk of loss of the entire investment, illiquidity, and fluctuations in value and returns. Investors must be able to afford the loss of their entire investment. The information provided is intended for reference only and does not constitute a recommendation or personal financial advice.

Reinvention continues to define Enterprise SaaS. As the market moves beyond platform consolidation and capital discipline, platforms are evolving into the core operational engines that power modern business workflows. In this article, we examined current market trends, revenue models, and key evaluation metrics shaping the pre-IPO software landscape today. Read the full analysis on EquityZen Insights: ezen.fyi/4hFjJmz  Not all pre-IPO companies will go public or be acquired, and not all IPOs or acquisitions are or will become successful investments. There are inherent risks in pre-IPO investments, including the risk of loss of the entire investment, illiquidity, and fluctuations in value and returns. Investors must be able to afford the loss of their entire investment. The information provided is intended for reference only and does not constitute a recommendation or personal financial advice.

True market readiness goes far beyond unicorn status. As companies choose to stay private longer, making the leap to public markets requires strength across four core pillars: predictable growth quality, a clear equity story, public-grade infrastructure, and optimal market timing. In this article, we examine the primary factors shaping listing readiness today and how private secondary liquidity programs serve as a vital release valve for late-stage companies. Read the full analysis on EquityZen Insights: ezen.fyi/4ivwn8K  Not all pre-IPO companies will go public or be acquired, and not all IPOs or acquisitions are or will become successful investments. There are inherent risks in pre-IPO investments, including the risk of loss of the entire investment, illiquidity, and fluctuations in value and returns. Investors must be able to afford the loss of their entire investment. The information provided is intended for reference only and does not constitute a recommendation or personal financial advice.

Watching tennis all weekend? Us too.  Not every opportunity plays on center court. EquityZen serves up private market investing opportunities to accredited investors who are interested in adding a new spin to their portfolios.  Visit the EquityZen listings page to explore private companies and learn how to gain exposure to late-stage growth. Not all pre-IPO companies will go public or be acquired, and not all IPOs or acquisitions are or will become successful investments. There are inherent risks in pre-IPO investments, including the risk of loss of the entire investment, illiquidity, and fluctuations in value and returns. Investors must be able to afford the loss of their entire investment.

As summer winds down, the momentum in the private markets is heating up. ☀️🔥 The August edition of #MonthlyMovers is live, spotlighting the private companies that saw the largest surge in investor demand this past month. From breakthrough aerospace innovators to next-gen AI platforms, see which names topped the charts as August drew to a close. 🥇Heart Aerospace 🥈Allen Control Systems 🥉Poolside ⭐Generalist AI ⭐Base Power ⭐Baseten ⭐d-Matrix ⭐Stoke Space ⭐Neros Technologies ⭐Betterment There are inherent risks in pre-IPO investments, including the risk of loss of the entire investment, illiquidity, and fluctuations in value and returns. This information is intended for informational purposes only and does not constitute a recommendation or personal financial advice. Use of this information is at the user's discretion and risk. All company names and logos are trademarks or registered trademarks of their respective holders. Use of them does not imply any affiliation with or endorsement by them.

Hot or cold? The VC secondaries market is both.  In a recent feature by Mergermarket, EquityZen's Head of Market Insight, Brianne Lynch, highlighted the growing divide in the pre-IPO market: Capital density at the top: High-demand AI and frontier tech names are trading at premiums. Discount opportunities: Enterprise SaaS and fintech are largely trading at discounts to their last funding rounds, creating value opportunities for disciplined buyers. Structure matters: High demand for scarce allocations has driven a surge in multi-layered SPVs, making contractual transparency and governance crucial for investors. 🔗hubs.la/Q04s-b5r0  Not all pre-IPO companies will go public or be acquired, and not all IPOs or acquisitions are or will become successful investments. There are inherent risks in pre-IPO investments, including the risk of loss of the entire investment, illiquidity, and fluctuations in value and returns.