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Clear Street Launches Pre-IPO Platform, Starts with Databricks

8/1/2026

Summary

Story summary

Clear Street launched a private-markets platform that lets accredited investors buy pre-IPO shares, starting with Databricks valued at $188 billion.
The platform plans to add up to 30 late-stage private firms worth $5-$20 billion each by the end of 2024.
It offers margin-loan options and greater transparency for investors.
Clear Street, a New York-based firm, has raised over $500 million from investors including Insight Partners after pausing its own IPO plans.

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Story summary

Clear Street launched a private-markets platform that lets accredited investors buy pre-IPO shares, starting with Databricks valued at $188 billion.
The platform plans to add up to 30 late-stage private firms worth $5-$20 billion each by the end of 2024.
It offers margin-loan options and greater transparency for investors.
Clear Street, a New York-based firm, has raised over $500 million from investors including Insight Partners after pausing its own IPO plans.