For investment firms

The quiet market for private stock.

A vetted network of firms buying and selling private company positions. You say the ask in your own Slack. Union finds the other side. Nobody learns who you are until both of you say yes.

Membership is reviewed. Your first ask can be live the same day.

Order flow
  • Selling$8.5M
    Auralith · AI infrastructure
    $41.20 a share, Series D preferred
    Counterparty
  • Buying$2M to $5M
    Ironvale Dynamics · Defense
    Up to $27.00 a share, secondary common
    Counterparty
  • Selling$6.2M
    Helicase Bio · Biotech
    $22.40 a share, Series C preferred
    Counterparty
  • Buying$4M to $8M
    Gridstone · Energy storage
    Up to $12.25 a unit, SPV interest
    Counterparty

How it works

01

Bring your firm

Sign up, invite your partners, and connect your team's Slack. Union sits in your channel like one more colleague.

02

Say the ask

Selling $3M of a Series E fintech. Buying Anduril, $2M to $5M. Said once, in your own words, where you already talk. No forms and no order book.

03

Meet on mutual yes

Union works the other side of the network. Only when both firms confirm interest does anyone learn who is on the other end.

Discretion is the product.

You decide what surfaces, and when.

Nothing is listed

There is no board, no ticker, no inventory page. Your position is visible to Union and to no one else.

Nothing is shopped

Union never broadcasts your ask. It approaches the specific counterparties whose standing interest matches, one conversation at a time.

Nothing leaks

Until both sides confirm, each side sees only the shape of the other: sector, size, structure. Names, terms, and paper come after the yes.

The network, in your Slack.

Connect Slack and your firm has direct access to the network through an agent that works for you and never shows your book to the room. Raise asks, watch confirmations land, and approve introductions without leaving the channel.

# dealflowYour workspace
  • E
    Elena9:12 AM

    @Union we want to move our Series E fintech position. About $3M, clean preferred.

  • UnionAPP9:12 AM

    Understood. Working it quietly. I will only surface counterparties after they confirm interest in the shape.

  • UnionAPP2:47 PM

    A vetted growth fund confirmed on the shape today. If you confirm, I will introduce you directly.

  • E
    Elena2:51 PM

    Confirmed. Make the intro.

Ask it what the market knows.

Union sits at the center of the flow and watches every print and every mark. Ask in plain English and it answers with live pricing, executed blocks, and the history behind them.

  • Where is Auralith trading today?

    $41.20 a share, implied $6.2B, up 8 percent this quarter

    Bids outweigh asks 2.1 to 1 over the last 30 days.

  • What has cleared in AI infrastructure this quarter?

    14 blocks, $186M notional, median 9 percent below last round

    Sector up 11 percent year to date.

  • How are the big funds marking Helicase Bio?

    6 institutional marks last quarter, $19.80 to $24.10 a share

    Up from 4 marks the quarter before, spread tightening.

Live answers inside the room.

Before you bring your firm

What does it cost?

The first introductions are free, so you can see how the room works before anything is owed. After that, Union proposes a modest fee on introductions that become transactions. Nothing is charged for asks, searches, or confirmations that go nowhere.

Who is in the room?

Investment firms only: funds, family offices, and syndicates that buy and sell private company positions. Every firm is reviewed before it joins, and the room stays small on purpose.

What do I see before I confirm?

The shape of the other side: sector, size, and structure. Names, terms, and paper are revealed only after both firms confirm. Until then, nobody knows who you are either.

Does Union ever contact a counterparty without my say so?

Union approaches counterparties with the shape of your ask, never your identity. No introduction is made, and no name is shared, until your side confirms.

Do my partners need to be on Union too?

Invite them and they get the same access: your firm's asks, matches, and introductions. Connect your Slack once and the whole partnership can raise asks and confirm interest from the channel.

Built by the team that founded Forge and took a private market marketplace from idea to public company.

$17B+
Transactions at Forge
500+
Companies backed

Your next counterparty is already in the room.

Bring your firm, connect Slack, and put your first ask to work today. Membership is reviewed to keep the room vetted.