Second Round, L.P. is a San Francisco-based venture capital firm that specializes in the secondary market. The firm's core business is providing liquidity to stakeholders in high-growth, late-stage technology companies by purchasing their private shares. This allows founders, early employees, and initial investors to realize a portion of their equity's value before a traditional exit event, such as an IPO or acquisition. Second Round focuses on a direct, efficient, and founder-friendly process for these secondary transactions.

Founded in

United States