Performances
RD Popularity Index
RD Growth Index
Comparison
Follow Updates
Follow Lists
People
About Techdollar
Techdollar lends against private company equity, with founders, employees and funds borrowing against vested but unlisted shares. The problem is concrete: companies stay private for years, paper wealth cannot be spent, and selling triggers board approval and an immediate tax event. Techdollar does not tokenize the shares; it takes a share charge as security, has RSM verify ownership and transferability, sets loan-to-value and pricing from secondary market quotes, and settles through the USDte stablecoin with proceeds paid as fiat, card balance or stablecoins.
Capital comes from qualified investors funding individual facilities, while Techdollar handles pricing, documentation and monitoring; loan-to-value caps sit near 40% with draws typically at 20% to 30%, and collateral concentrates in eight frontier sectors from AI to aerospace and advanced silicon. Compared with securities-based lending at banks, it accepts unlisted equity and carries the liquidity judgement itself; compared with tokenized stock platforms, it never touches the share register and only writes secured loans. Accepted collateral is limited to roughly 300 pre-approved companies, and pricing rests on secondary market prints and RSM's verification.
Techdollar completed a $3 million Pre-Seed round led by No Limit Holdings, with participation from Reforge VC and angel investors, fueling initial platform development.
It launched publicly in June 2026 as the first lending platform built for pre-IPO employees, founders, and early investors to borrow against private equity without selling shares, while disclosing over $100 million in qualified loan demand.
A pivotal technical milestone was integrating Caplight's real-time secondary-market pricing API, which compressed underwriting from weeks to hours and enabled dynamic collateral valuation—establishing the core infrastructure for its role as the credit layer for private markets.
On 26 June 2026 Techdollar launched its platform and closed financing on the same day, announcing a 3 million dollar pre-seed led by No Limit Holdings with ReforgeVC and angels including Michael Egorov, and disclosing more than 100 million dollars of qualified loan demand at launch.
Techdollar lets founders and employees borrow dollars against pre-IPO equity without selling shares on the secondary market or triggering a taxable event. RSM verifies ownership and transferability, the platform sets loan-to-value, coupon and covenants, and funds settle over its USDte rails, with borrowers choosing bank withdrawal, physical cards, digital cards in Apple Pay or stablecoins. Pricing runs from 0.8% to 1.5% per month, decisions take one to two days with funding within 72 hours of signing, and Caplight's live NAV and secondary signals drive post-close monitoring.
Techdollar's team plans to widen collateral beyond AI, robotics and aerospace into more sectors, deepen equity verification partnerships and build out a compliant US structure.
Terence McMenamin — Founder; former Head of Strategy at Dinero Labs (acquired by Plume Network), helped structure an institutional ETH yield product anchored by Galaxy and managed under Nomura's Laser Digital.
David Tollemache — Co-founder; background in proptech and early-stage DeFi investment, focused on LP distribution. Techdollar is a credit platform backed by pre-IPO equity.