Morrison & Foerster advised Republic, a private investing platform for investors seeking high growth potential, with its $150 million Series B Preferred Stock financing round led by Valor Equity Partners.
MoFo previously advised Republic earlier this year on its $36 million Series A round from investors including Galaxy Digital, Broadhaven Ventures, and Prosus NV.
Republic is a financial technology firm that allows everyone to invest in private markets. It operates a retail investment platform, a private capital division, and a blockchain incubator and fund. The Republic ecosystem has facilitated over $700 million in investments, has supported over 600 companies, and boasts a community of over 1 million users across 100 countries. Founded in 2016, Republic is based in New York City with offices worldwide.
The MoFo team was led by San Francisco corporate partner Brad Kondracki and Denver corporate associate Stephanie Drumm, with support from emerging companies + venture capital co-chair Murray Indick, Boston technology transactions partner Matt Karlyn and associate Mai Zymaris, and San Francisco corporate associate Hunter Moss.