Pre-IPO access for accredited investors, from $25,000

Get into companies like OpenAI and Anthropic before they go public.

We invest early, alongside the big firms, and let you in from $25,000. Same shares, same price.

Free consultation. No commitment.

Available for 6 new investors this month.

SpaceXOpenAIAnthropicThinking MachinesStripeNeuralinkOpenEvidenceAndurilDatabricksKalshi
25
Years in the private market
$140M
Assets under management
1,200
Investors
300+
Private deals
9 of 10
companies we’ve invested in have gone public
Watch first

How you get into a private round.

Step one

Book your free 15-minute consultation

Accreditation verified, the memo on what we have room in, and answers to whatever you want to ask. No pitch, and nothing committed.

  • 1
    Pick a time that suits youFifteen minutes on the phone or video.
  • 2
    See what we have room inThe round we bought, the price, and the terms you would hold.
  • 3
    Decide laterNobody chases you. If it is not for you, that is the end of it.

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Investor stories

Real positions. Real companies.

Four investors, four companies, and where each position stands today.

Listed, June 2026
+250%
Entry valuation to first-day close

In at $600 billion. Listed at $2.1 trillion six months later.

In late 2025 the only other route into SpaceX was an employee badge. He took a piece of the block we held, in the same round and at the same price as the institutions in it. SpaceX listed on Nasdaq on June 12, 2026 and closed its first day near a $2.1 trillion market value. The exception, not the rule.

EnteredLate 2025 at $600B
ListedNasdaq, Jun 12 2026
First-day close~$2.1T
A Falcon 9 rocket lifting off in daylight
Held, private
+154%
Marked above entry

She has not touched it once since the day she wired.

She came in on the February 2026 round at a $380 billion valuation. In June 2026 the next round priced Anthropic at $965 billion. That is a paper mark set by a later round, not money paid to anyone. Still private, still illiquid, nothing realized until an exit.

EnteredFeb 2026 at $380B
Latest roundJun 2026 at $965B
StatusPrivate
Held, private
$6.8B→$20B
Entry valuation vs. reported talks

Thirteen months later, the talk is three times the price.

He came in on the August 2025 round at a $6.8 billion valuation. In September 2026 Cohere was reported to be in talks to raise at about $20 billion. Not closed, not a return, and nobody should expect it to repeat.

EnteredAug 2025 at $6.8B
Reported talksSep 2026 at ~$20B
StatusPrivate
Jeff Bezos speaking at the Amazon Spheres openingJeff Bezos. Photo: Seattle City Council, CC BY 2.0. No endorsement implied.
PROMETHEUSHeld, private
$41B
Valuation at entry, June 2026

He signed the same paper JPMorgan and BlackRock signed.

Jeff Bezos’s new AI company raised $12 billion at a $41 billion valuation in June 2026, while OpenAI and Anthropic were already valued near $900 billion. Same terms, same valuation, as the banks in the round. We buy the block; you take a piece of ours.

Entry valuation$41 billion
AlongsideJPMorgan, BlackRock, Goldman Sachs
StatusPrivate

*Individual examples, not a representative sample of all positions. Unless marked listed, figures are unrealized paper marks, not money paid to anyone and not a guarantee. Some investors have lost money. Full disclosures.

The entry points

Where we got in.

No ticker. A private company is repriced only when it raises, so here is the valuation at each round and the point our investors bought in.

Valuation by funding roundOur entry valuation
LovableHeld
Jul 2025 · $1.8BDec 2025 · $6.6BAug 2026 · $13.3BWe got in at $8B$13.3BJul 2025Aug 2026
$8B
We got in
$13.3B
Latest round
+66%
Valuation, not return

Still private.

DatabricksHeld
Dec 2024 · $62BSep 2025 · $100BFeb 2026 · $134BAug 2026 · $190BWe got in at $110B$190BDec 2024Aug 2026
$110B
We got in
$190B
Latest round
+73%
Valuation, not return

Still private.

StripeHeld
Feb 2024 · $65BFeb 2025 · $91.5BSep 2025 · $106.7BFeb 2026 · $159BWe got in at $80B$159BFeb 2024Feb 2026
$80B
We got in
$159B
Latest round
+99%
Valuation, not return

Still private.

SpaceXListed
Aug 2024 · $208BDec 2024 · $350BJul 2025 · $400BDec 2025 · $800BJun 2026 · $1.77TJun 2026 · $2.1TWe got in at $600B$2.1TAug 2024Jun 2026
$600B
We got in
$2.1T
First-day close
+250%
Valuation, not return

Listed on Nasdaq, June 2026. Last point is the first-day close. The exception, not the rule.

Reported valuations at each funding round, log scale. Company valuation, not investor return, and unrealized unless listed. Full disclosures.

The case for private

Where the gains actually happen.

Most of a company’s growth now happens while it is still private. By the time the public can buy, the growth has slowed and the early investors are selling into it.

The best investments were never on the public market. Through us, they can be available to you.

Private market vs public market25-year annualized return
Private markets
23.13%
NASDAQ Composite
10.40%
Russell 2000
8.39%
MSCI ACWI
7.27%

Cambridge Associates US Venture Capital Index vs public indices, 25 years to 12/31/2023. An industry benchmark, not a Lumara track record. Full disclosures.

How it works

Three steps. The first takes fifteen minutes.

1

Book the consultation

We verify accreditation and show you what we have room in.

2

Take your position

E-sign and wire. Your $25,000 joins our block at the same price.

3

Hold to the exit

Typically 18 to 36 months to a listing or acquisition. None is promised.

In their words

What our investors say

Eleven years accredited, and not once was I shown a private round. First consultation, I was reading the memo on a company I had only seen in the news.
DMD. M.Accredited investor, Illinois · investor since 2022
I assumed the door started at a million dollars. Twenty-five thousand put me in the same round, at the same price, as the institution beside me.
RKR. K.Retired engineer, Arizona · investor since 2023
Fifteen minutes and no pitch. They showed me what they had room in, what they paid for it, and what I would be signing. Nobody chased me.
SAS. A.Business owner, Florida · investor since 2021
What I did not expect is how quiet it is. No ticker to watch. An update when the company raises, and otherwise you let it sit.
JPJ. P.Accredited investor, New York · investor since 2020

Shared with permission, names abbreviated. No compensation paid. Individual experiences, not typical results.

Questions

Common questions

Anything else, ask on the call.

What exactly do you do?

25 years in the private market, $140M under management, 1,200 investors. We take institutional allocations in companies such as OpenAI, Anthropic, Stripe and Databricks and split them into $25,000 pieces: same round, same price, same terms as our own capital.

How does this work?

A fifteen-minute consultation verifies your accreditation and walks you through the memo on what we have room in. If you proceed, you e-sign, wire, and hold a piece of the block we took.

Why hasn’t my advisor shown me this?

Because the plumbing does not reach them. Late-stage rounds go in seven-figure blocks to funds and family offices. Unless a firm splits its own position, there is nothing at $25,000.

Why is it limited to a few investors a month?

A block is a fixed size, so the number of $25,000 pieces in it is finite. And every investor is walked through the memo personally and verified properly, which we cannot do at volume.

What are realistic expectations?

We do not quote projected returns. 9 out of 10 of the companies we have ever invested in have gone public, and positions are typically positioned to list within 18 to 36 months of our entry. That window is based on where a company sits, not a date anyone can promise.

How do I get my money out?

You don’t, until the company lists or is acquired. These positions do not trade. This is illiquid capital and should never be money you need in the next four years.

Is an IPO guaranteed?

No. No company is obligated to list, and a position can lose value or fail entirely. What we offer is 25 years of judgment about which companies are positioned to list, and a record you can check.

Am I actually eligible?

If you’re accredited, yes. Because this offer is made publicly, the law requires proper verification: brokerage statements, a CPA or attorney letter, or a third-party service. Most investors clear it in a day.

What does it cost?

The minimum position is $25,000. The fee structure is set out in the subscription documents and walked through, in writing, before you commit.

Which companies do you have room in right now?

That changes, which is why it lives on the consultation. The memo covers each open name: what it does, the round, and the terms.

Fifteen minutes

The next round is already on the pad.

Accreditation verified. The memo on what we have room in. Fifteen minutes.

Available for 6 new investors this month.
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