Listed Private Technology.
Built for everyone.
A focused portfolio of leading private technology companies.
PWRL invests across the sectors driving the next generation of value creation in technology: artificial intelligence, next-generation software, modern aerospace and defense, and leading consumer technology platforms. The portfolio is advised by Powerlaw Fund Adviser, LLC.
How the portfolio gets built.
PWRL draws on more than 16 years of venture secondary-market relationships through Akkadian Ventures and on the operator networks built by the team of industry veterans. Portfolio decisions are advised by Powerlaw Fund Adviser, LLC, drawing on this origination engine to identify and execute on positions in leading private technology companies.
Exposure
Updated quarterly. Last updated 05/13/2026.
Sectors
Updated quarterly. Last updated 05/13/2026
Stock Info
Updated monthly. Last updated 05/13/2026.
*Calculated based on the Portfolio Company's fair value as a percentage of the Fund's net assets as of May 13, 2026.
Investment Strategy
Powerlaw Corp. targets late-stage private technology companies operating in sectors we believe are poised for long-term, transformative growth, including enterprise SaaS, consumer platforms, aerospace and defense, and artificial intelligence.
These companies often remain private longer, driven by abundant private capital, reduced public-market pressure, and the availability of secondary liquidity—shifting meaningful value creation into the private markets.
Powerlaw Corp. is designed to provide access to this phase of growth by focusing on a select group of companies we believe are positioned to become durable, high-performance public companies.
At Powerlaw Corp., we seek to bring transparency and clarity to investing opportunities.
Investment Process
Venture capital returns follow a power law, where a small number of companies generate the majority of value. Rather than broad diversification, Powerlaw Corp. is built to concentrate exposure in companies that have already demonstrated outlier potential.
The Adviser leverages its experience and position within the venture capital and secondary market ecosystem to identify a small number of potential outlier companies. Powerlaw Corp. generally targets businesses with meaningful revenue scale, strong growth, durable competitive advantages, globally recognized brands, deep institutional backing, and robust secondary market demand.
Each investment undergoes a rigorous due diligence process, including analysis of financial performance, secondary market pricing, capitalization structure, addressable market size, competitive dynamics, and insights from industry experts. The Fund applies a concentrated portfolio approach, allocating capital to companies the Adviser believes offer the most compelling opportunity for long-term capital appreciation.
The top tier companies of a Venture Capital fund typically generate 97% of the exit profits.1
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Frequently Asked Questions.
We want to bring as much transparency as possible to accessing private market investing. If you're not finding the answers you're looking for, contact us at: Info@PWRL.com
Powerlaw Corp. (Nasdaq: PWRL) is a listed closed-end fund registered under the Investment Company Act of 1940, offering exposure to leading private technology companies through a single Nasdaq-listed security. It provides daily liquidity, monthly NAV reporting, and quarterly portfolio disclosure.
Powerlaw Corp. (Nasdaq: PWRL) is the first product of Powerlaw Capital Group and advised by Powerlaw Fund Adviser, LLC. The firm is backed by Akkadian Ventures' 16-year heritage in private-company secondary markets.
Portfolio holdings are carried at fair value, determined under the Fund's valuation policies with input from independent valuation sources. Inputs include recent primary financings, secondary market transactions, and comparable-company multiples.
In an IPO, the Fund's position converts to listed equity, generally subject to a customary lock-up. In a sale, the Fund receives cash, stock, or a mix of consideration. Proceeds are reflected in NAV and may be available for reinvestment or distributions.
No. Shareholders own PWRL; the Fund owns the underlying private positions. Buying PWRL provides economic exposure to the portfolio through a single security listed on NASDAQ.
Powerlaw Corp. publishes monthly NAV and NAV per share, with quarterly portfolio disclosures. All filings are available on PWRL.com and through the SEC's EDGAR system.
Investing in PWRL involves a number of significant risks. Before you invest in PWRL, you should be aware of various risks associated with the investment, including those described in our prospectus. The prospectus contains this and other information about the Fund, and is available free of charge at www.PWRL.com. You should carefully consider these risk factors, together with all of the other information included in the prospectus, before you decide whether to make an investment in PWRL. If any of the events listed in the prospectus occur, our business, financial condition and results of operations could be materially and adversely affected. In such case, you may lose all or part of your investment.