Private Markets, Angel and Secondary Investing, Sacra

Sacra

Bringing transparency to private markets so investors, founders, and employees can build on conviction.

Sacra delivers deeply researched insights on the private companies shaping tomorrow's markets. By surfacing the data, context, and operator perspective that are missing from private markets today, we help secondary buyers and sellers price equity accurately and unlock liquidity for the people building these businesses.

Private Markets, Angel and Secondary Investing

Bringing transparency to private markets so investors, founders, and employees can build on conviction. Sacra delivers deeply researched insights on the private companies shaping tomorrow's markets. By surfacing the data, context, and operator perspective that are missing from private markets today, we help secondary buyers and sellers price equity accurately and unlock liquidity for the people building these businesses.

Private Capital Markets

<ul><li>Sacra estimates eToro hit $931M in commission revenue in 2024, up 46% from $630M in 2023, following essentially flat performance between 2022 ($631M) and 2023.</li><li>eToro completed its initial public offering on May 15, 2025, pricing 13,711,470 shares at $52.00 per share (above the initial $46-$50 range), raising $403 million in gross proceeds before expenses.</li><li>eToro launched 24/5 trading in July 2025, initially covering 100 popular US-listed stocks and ETFs, then expanding in November 2025 to all S&P 500 and Nasdaq 100 stocks.</li></ul>

Sacra estimates eToro hit $931M in commission revenue in 2024, up 46% from $630M in 2023, following essentially flat performance between 2022 ($631M) and 2023.eToro completed its initial public offering on May 15, 2025, pricing 13,711,470 shares at $52.00 per share (above the initial $46-$50 range), raising $403 million in gross proceeds before expenses.eToro launched 24/5 trading in July 2025, initially covering 100 popular US-listed stocks and ETFs, then expanding in November 2025 to all S&P 500 and Nasdaq 100 stocks.

Etoro Group

Primer: eToro - 18 May 2026