Tap
Tap is a New York-based fintech company providing market infrastructure for the LP secondaries market, offering data, transaction tools, and advisory services for trading private fund interests.
Company facts
- Founded
- 2017
- Headquarters
- United States
- CEO
- Jeff Leathers
About
Tap is the leading market infrastructure provider for the LP secondaries market, building the first liquid marketplace for private fund assets. The company operates as Tap Technologies Inc., a privately held Delaware corporation headquartered in New York. From market data to transactions infrastructure, Tap offers secondary market participants unparalleled ability to value and transact private funds. The platform provides a comprehensive suite of products including data rooms, bidding systems, settlement and transfer services, and real-time valuations. Tap utilizes AI to extract detailed fund-level and company-level data from fund reporting, delivering insights on GP marks and capital structures that no other market participant can match. The company has facilitated over 250 transactions with total volume exceeding $10 billion, and maintains a global investor network representing over $500 billion in assets under management. Tap serves a diverse clientele including Limited Partners, General Partners, Secondaries Funds, Wealth Managers, Private Capital Advisors, and Law Firms. The company's team brings deep private markets experience from leading institutions including Carta, Evercore, Bloomberg, and Apollo. Tap is backed by early-stage venture capital firms including Precursor Ventures, Courtside Ventures, and Fin Capital, with founders and operators from AngelList and Carta among its investors.