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Linqto

Independent review - structure, eligibility, fees and what you actually own.

Serves: Verify with provider Secondary Marketplace Transactions paused Independent review
Vehicle type
Secondary Marketplace
Serves
Verify with provider
Minimum
Verify with provider
Companies mapped
0
Latest observedUnavailable

No verified public mark. Reference data only. Private-company marks are not executable prices.

Linqto's official notice says platform transactions are paused during Chapter 11 proceedings. Verify current availability directly with the provider.

Current provider status: Transactions paused. Transactions on Linqto's platform are paused during Chapter 11 proceedings. Linqto says it expects to continue business operations; this does not mean transactions are available. Verified 2026-10-11 from Linqto - current status notice.
Access Score

Access is not scored while provider-reported transactions are paused.

Linqto - key facts
Vehicle type
Secondary Marketplace
Serves
Verify with provider
Access Score
Verify with provider
Companies mapped
0
Minimum
Verify with provider
Fee structure
Verify with provider
What you hold
The underlying share
Official site
linqto.com

What Linqto is as a pre-IPO platform

Linqto is categorized as a secondary marketplace, but its own notice says platform transactions are paused. See the current provider status above.

That structural fact drives everything else about the experience - who is allowed to use it, the size of cheque it accepts, the fees you pay, and how long your money is committed. Investors routinely compare providers on brand recognition when the more useful comparison is structural: a secondary marketplace and a listed fund are not competing products, they are different instruments that happen to reference the same underlying companies.

Treat the provider's own disclosures as authoritative for anything specific - fees and availability change more often than third-party reviews are updated, including this one.

Audience and availability

The profile’s previous audience label is not confirmed as current while transactions are paused. Eligibility, minimums and fees should be verified directly with the provider.

What you actually own in a Linqto deal

This is the single most misunderstood part of private-market investing, and it is worth being blunt about. Depending on the structure you may hold the underlying share directly, or you may hold a unit in a vehicle that holds the share. The difference determines your voting rights, your information rights, your tax treatment, and who stands between you and the company if something goes wrong.

  • Rights - direct holders may receive certain information and voting rights. Unit-holders in a vehicle usually do not.
  • Fees - a wrapper adds a fee layer that compounds against your return for as long as you hold.
  • Exit - your ability to sell depends on the wrapper's rules as much as on the company's.
  • Counterparty - with a vehicle you take sponsor risk on top of company risk.

Ask for the operating agreement or offering document and read the sections on fees, transfer, and wind-up before you wire anything. If a provider will not show you those documents before you commit, that is the answer to a different question.

Linqto fees and minimum investment

We deliberately do not publish specific fee figures for providers, because they change frequently and vary by deal size, and a stale number is worse than none. What we can tell you is the shape of the cost, which is consistent across the category:

CostWhen it appliesWhy it matters
Transaction / placement feeAt purchaseReduces the capital actually put to work
Management feeAnnuallyCharged whether or not the position gains
Carried interestOn profitCheck whether a hurdle applies before carry starts
Spread to last roundAt purchaseLeast visible, frequently the largest single cost
Admin / legalOngoingCharged to the vehicle, borne by investors

Run your assumed entry and exit through the SPV fee calculator. A structure that looks cheap on a single line item often is not once the layers are stacked over a multi-year hold.

Pre-IPO companies available through Linqto

Inventory is not a catalogue - it depends on which holders are selling at a given moment, and pricing moves with the private secondary market rather than with any published index. Treat the list below as evidence of the provider's coverage, not as a live availability feed.

Inventory not mapped

We have not mapped specific company inventory for this provider. Availability is deal-by-deal - ask them directly what is currently open.

How Linqto compares to other pre-IPO funds

The most useful comparison is against providers of the same structural type, since those are genuinely substitutable:

ProviderTypeServes
Forge GlobalSecondary MarketplaceAccredited
EquityZenSecondary MarketplaceAccredited
HiiveSecondary MarketplaceAccredited
Nasdaq Private MarketSecondary MarketplaceInstitutional

Compare pre-IPO funds side by side, see our pick of the best pre-IPO funds, or start from the company you actually want and work backwards.

Risk disclosure

Using any platform in this category exposes you to illiquid, speculative private securities that can lose their entire value. Platform legitimacy does not validate any individual deal. Valuations are indicative. Exits are uncertain and may never occur. Read the specific offering documents and consider taking professional advice before investing.

Due diligence: what to ask Linqto before you commit

The questions below are the ones that separate an informed allocation from a hopeful one. A provider that answers all of them in writing is demonstrating something meaningful about how it operates.

Ask in writing, before you wire anything

  1. What exactly do I own? The underlying security, a unit in a vehicle, or a contractual interest in someone else's position?
  2. What is the all-in cost? Placement fee, annual management fee, carried interest, administration - quantified, in writing.
  3. Is there a hurdle before carry? If the sponsor takes a share of profit from the first unit of gain, your net outcome changes materially.
  4. What is the price relative to the last primary round? A premium may be justified; an unexplained one is a warning.
  5. Who is selling, and why? In a secondary transaction your counterparty is another shareholder. Employee liquidity is normal; an early investor exiting entirely is worth understanding.
  6. Has the company approved the transfer? Rights of first refusal and transfer restrictions can void a deal after you have agreed it.
  7. What happens at an IPO? Lock-up length, distribution mechanics, and whether the vehicle distributes shares or cash.
  8. What happens if the sponsor fails? Who holds the asset, who administers it, and what your recourse is.
  9. What reporting will I receive, and how often? Annual marks, audited or unaudited, and on what basis they are struck.
  10. What are the tax consequences in my jurisdiction? Including withholding on distributions and reporting obligations.

Read the offering document rather than the marketing page. In our experience the two most common surprises are a fee layer that was disclosed but not emphasised, and a lock-up or transfer restriction that only becomes real when you try to exit.

Who Linqto is not right for

Honest comparison means saying when a provider is the wrong answer. Linqto is likely a poor fit if any of the following apply to you:

  • You may need the money within five years. Private positions do not reliably convert to cash on demand.
  • This would be a large share of your net worth. Single-name private exposure should be sized as money you can lose entirely.
  • You do not meet the eligibility test. Attempting to work around accreditation or jurisdictional rules is not a strategy.
  • You are buying because of a headline valuation. A number in the press is not an entry price, and it is often stale.
  • You want influence over the company. Minority private holders, and especially unit-holders in a vehicle, have effectively none.

If several of these apply, a listed pre-IPO funds or a diversified public portfolio will serve you better than forcing a fit here. We would rather tell you that than earn a referral fee on a mismatch.

Risks of investing through Linqto

Beyond the underlying company risk, three things are worth weighing. Concentration: single-name private positions are undiversified by construction, and one company failing is a total loss on that position. Structure: you are exposed to the sponsor's solvency and administration, not only to the company. Liquidity: assume you cannot exit until a listing or acquisition, and treat any secondary resale option as a bonus rather than a plan.

Our pre-IPO due diligence checklist sets out the questions to put to any provider before committing capital.

Frequently asked questions

What is Linqto's current platform status?
Transactions on Linqto's platform are paused during Chapter 11 proceedings. Linqto says it expects to continue business operations; this does not mean transactions are available.
Are Linqto transactions currently available?
No. The provider says platform transactions are paused during Chapter 11 proceedings. Verify current availability directly with Linqto.
Are Linqto's audience, minimum and fees verified as current?
No. These details are not confirmed as current while transactions are paused. Verify each directly with the provider.

About the author

Ben Sim

Founder and head of research at PreIpoFunds. Writes about private-market access, fund structures, and how retail and accredited investors actually reach pre-IPO companies. Full profile and methodology →

Sources & further reading

Figures marked with a dotted underline are indicative and must be verified against the provider's own disclosures before you act on them.