Private Market View

Most SPV activity: where secondary buyers are pooling

Private companies ranked by the investment vehicles formed to buy their shares in the last 12 months, from SEC Form D filings. Amounts are what those vehicles reported sold. Updated daily as filings land.

Last 12 months

100 companies with 2+ vehicles
#CompanyVehiclesSoldInvestorsSponsorsLatest
1SpaceX48$338.7M1,35149Jun 2026
2Anthropic36$109.4M1,05037May 2026
3Perplexity21$89.6M54421Jun 2026
4Kraken19$64.3M37219Apr 2026
5Apptronik19$63.7M69719Jun 2026
6Ripple16$13.1M38416Jun 2026
7Astro15$39.8M13915Jun 2026
8Crusoe14$36.7M20414Apr 2026
9Shield AI13$23.1M32213Jun 2026
10Saronic12$83.4M36312Jun 2026
11Polymarket11$45.4M69711Jun 2026
12Replit11$32.3M31511Jun 2026
13OpenAI11$19.1M21811May 2026
14Databricks8$21.0M2438May 2026
15Positron7$20.7M2147Jun 2026
16Anomaly7$11.1M6307Apr 2026
17PsiQuantum7$8.8M1707Apr 2026
18Valar Atomics7$6.7M1207Apr 2026
19Zipline6$32.9M2736May 2026
20Kalshi6$23.0M1696May 2026
21Paradromics6$12.9M1416Jun 2026
22Privateer6$12.5M1626May 2026
23Starcloud6$9.4M1586Jun 2026
24Securitize5$14.8M895Feb 2026
25Corgi5$12.8M1845May 2026
26Lambda5$10.6M2225May 2026
27Figure AI5$7.6M1135Jun 2026
28Stripe5$3.4M505Apr 2026
29Prediction.54Feb 2026
30Unblocked55Mar 2026
31Cohere4$56.6M2274Mar 2026
32Impulse4$28.4M1914Jun 2026
33Etched4$14.1M954Feb 2026
34Hermeus4$10.7M1564Mar 2026
35Interface4$7.6M184May 2026
36Synchron4$6.8M1584May 2026
37Curve4$6.1M534May 2026
38Harbinger4$6.0M154Mar 2026
39Neurophos4$4.1M1634Dec 2025
40Project Prometheus4$3.7M844Jun 2026
41Lucid Bots4$3.0M334Jun 2026
42Rhone4$2.6M304May 2026
43Orion Security4$1.4M862Jun 2026
44Atoms43Jun 2026
45Canva3$28.9M1863Oct 2025
46Together AI3$24.7M473May 2026
47Exowatt3$22.2M713May 2026
48Mercor3$21.9M173Feb 2026
49Perplexity AI3$15.5M183May 2026
50SandboxAQ3$13.3M833Mar 2026
51Vulcan Elements3$7.4M1663Mar 2026
52Firehawk3$6.8M463Apr 2026
53HavocAI3$5.0M1043Apr 2026
54Mytra3$4.0M183Nov 2025
55Lemurian Labs3$4.0M683Oct 2025
56Sygaldry3$3.7M1313Mar 2026
57Sophia Space3$2.7M663Jun 2026
58Contraline3$2.3M1063Jun 2026
59Aquaria3$552K682May 2026
60Wisdom3$161K43Apr 2026
61Yampa2$157.9M2262May 2026
62Nscale2$125.9M332May 2026
63Valent2$113.6M191Apr 2026
64Radar2$106.9M1752Mar 2026
65Overtime2$93.1M4012Jun 2026
66Olipop2$80.1M702Feb 2026
67Mach Industries2$53.1M392Jun 2026
68ElevenLabs2$35.3M1272Apr 2026
69Tenstorrent2$31.0M3422Jun 2026
70Rainbow.2$27.7M42Mar 2026
71Axiado2$23.0M1242Apr 2026
72Accrete2$22.8M1282Feb 2026
73Tractian2$14.5M392Jun 2026
74Tensordyne2$12.9M372May 2026
75Overland AI2$8.7M872Dec 2025
76Standard Nuclear2$8.3M632Apr 2026
77Ursa Major2$7.6M1142Oct 2025
78d-Matrix2$7.1M1012May 2026
79Firestorm2$6.0M962Apr 2026
80Matter.2$5.3M252Jun 2026
81Volley2$5.1M92Dec 2025
82Moxie2$5.1M42Feb 2026
83Velvet2$5.0M732Sep 2025
84Scale AI2$4.9M1412May 2026
85Wonder2$4.8M132Jun 2026
86Skyryse2$4.7M322Feb 2026
87Provivi2$4.7M541Mar 2026
88General Intuition2$4.5M932Apr 2026
89Boom Supersonic2$4.0M1412Feb 2026
90Atom Computing2$4.0M1602Mar 2026
91Harvey AI2$3.9M702Jun 2026
92Pro Athlete Community2$3.7M842Jun 2026
93Base Power2$3.7M322Nov 2025
94L-base2$3.7M322Nov 2025
95Cognichip2$3.5M792Feb 2026
96Agility Robotics2$3.5M422Feb 2026
97Teton2$3.4M2Feb 2026
98Endolith2$3.3M1752Jan 2026
99Reflection AI2$3.3M552May 2026
100Astranis2$3.1M112Feb 2026

Source: SEC Form D filings matched to companies by Private Market View. The vehicle list for each company is on its page (Pro).

Frequently asked

What counts as an investment vehicle here?
A special-purpose vehicle, series LLC or co-investment fund that filed a Form D with the SEC and names the company in the vehicle's own name. Each amendment chain counts once. Sponsors' own funds and vehicles that merely share a word with a company are excluded.
Why does vehicle activity matter?
Vehicles are how secondary buyers pool demand for a single name. A rising count, and rising amounts sold, signal that access to that company's shares is being sought and financed right now.
Which private companies had the most SPV activity in the last 12 months?
1. SpaceX — 48 vehicles, $338.7M sold; 2. Anthropic — 36 vehicles, $109.4M sold; 3. Perplexity — 21 vehicles, $89.6M sold; 4. Kraken — 19 vehicles, $64.3M sold; 5. Apptronik — 19 vehicles, $63.7M sold.