Get Access Launches Platform for Private Tech Deals
Get Access has launched a platform designed to give well-connected executives and individual investors access to later-stage private company funding rounds usually reserved for venture capital firms and large institutions. Business Insider reported that the startup pools money from individual members to back companies from Series B onward, utilizing contributor referrals from prominent figures such as AI investor Elad Gil and Box CEO Aaron Levie.
Michael Goodbody founds Get Access with $5 million
CEO Michael Goodbody founded Get Access after struggling to find attractive private-market deals on his own through closed networks. The startup has raised $5 million at an $85 million post-money valuation in a funding round led by Guy Oseary at Sound Ventures. Additional participants in the round include Aaron Levie, Lux Capital managing partner Josh Wolfe, and Eventbrite co-founder Kevin Hartz.
Get Access earns $1 million in five days
The platform’s initial deal roster features Crusoe’s recent $3.9 billion funding round. Get Access brings in revenue primarily through membership fees, securing its first $1 million in revenue within five days of a private launch. Members do not pay management or access fees on individual investments, though the platform takes a 10 percent cut of any profits.
Selectivity Compared to AngelList
Rival platform AngelList allows investors to form syndicates to back startups, but Get Access differentiates itself through a strict membership screening process. Members must offer operating experience, industry connections, or promotional assistance to young companies in addition to capital. This approach targets executives and accredited investors seeking exposure to private firms like OpenAI and Anthropic ahead of potential public offerings.
Frequently Asked Questions
What fees does Get Access charge its members?
Members do not pay management or access fees on individual investments. Instead, the platform generates revenue through membership fees and takes a 10 percent share of any profits.
Which prominent investors participated in the $5 million funding round?
The funding round was led by Guy Oseary at Sound Ventures, with participation from Box CEO Aaron Levie, Lux Capital managing partner Josh Wolfe, and Eventbrite co-founder Kevin Hartz.
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