We're taking the Innovation Fund public on the NYSE
We're taking the Innovation Fund public on the NYSE
We’re excited to announce that we’re taking the Fundrise Innovation Fund public on the NYSE under the ticker VCX.
Learn more about VCXVenture Capital
Giving investors access to tomorrow’s great companies, today
We aim to give all investors the opportunity to invest in a portfolio of well‑known private technology companies before they IPO.
Why Venture
Same problem, different asset
Like real estate, the world of investing in private technology companies has remained almost entirely inaccessible to individuals, despite the fact that as an asset class it has proven to be one of (if not the) best performing investment strategies of the past 50 years.
Vast majority of returns accrue in the private markets
With companies staying private longer, the vast majority of the returns from private tech has accrued to the private investors before the public offering. Plus, access is gated, with hefty tolls, by fund managers and growth equity firms, just as in the real estate private equity world.
During the 90's and early 00's, companies like Amazon and Google went public relatively soon in their growth cycle, while companies today are waiting on average 10 years longer. The result: individual investors confined to the public markets are missing out on a substantial portion of the returns generated by the next generation of industry leaders.
The Fundrise Difference
Founders and engineers
With growth equity investing, it’s harder to participate in blue-chip private funding rounds than it is to identify the blue-chip companies. However, we believe Fundrise has a distinct advantage in the crowded space of venture funding.
Technical expertise
Our decades of first-hand experience building and operating tech companies gives us a deep understanding of the daily challenges and trade-offs a growing company faces. With over 100 software engineers and product managers on staff, we have more software depth and expertise than most venture funds.
Extensive reach
As the largest direct-to-investor alternative asset manager in the country, we offer portfolio companies in-app exposure to nearly 2 million people—many of whom work in technology. Not only can this potentially drive new customers, recruiting, brand recognition, and near-term revenue for our portfolio companies, it can also provide critical name recognition for when it’s time to IPO.
Patient and passive capital
We’ve engineered our investment infrastructure to enable us to be the most patient and passive source of capital on the market, eliminating any incentive to meddle with a founder/CEO’s long-term vision for the sake of our own short-term image or profits.
Additional reading
IPO Roadshow: VCX is the public ticker for private tech
Feb 20, 2026
Ben and Cardiff examine the history of financial innovations, what VCX is, and what it means for the everyday investor who's been locked out of private markets.
Will AI Surpass Us? with Robert Nishihara, co-founder of AnyScale — Episode 48 of Onward
May 29, 2025
Rob offers a rare insider’s view of the bottlenecks, breakthroughs, and practical limits shaping AI today.
What will AI be worth?
Oct 04, 2024
In the rapidly evolving world of technology, artificial intelligence (AI) stands out as the next frontier of innovation. But just how big is the AI opportunity? The Fundrise team spent months researching this question and uncovered a surprising pattern in the financial data of the tech industry. Our findings suggest that AI could be poised for unprecedented growth, fully consistent with past technological breakthroughs.
Are we vastly underestimating AI? with Dwarkesh Patel — Episode 38 of Onward
Jul 30, 2024
Dwarkesh pulls back the curtain to show us what the people actually building AI think is going to happen.