How Much Did Addepar Raise? Funding & Key Investors

Date
March 25, 2025
Addepar

Total amount raised

$531.4 Millions

Latest funding date

Addepar

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Addepar has successfully raised significant funding over multiple rounds, positioning itself as a key player in the financial technology sector. The platform offers a comprehensive suite of tools for managing complex investment portfolios, catering to professional wealth, investment, and asset management firms.

Keep reading to delve into the details of Addepar's funding journey and the investors who support this innovative platform.

What Is Addepar?

Addepar, founded in 2009 by Jason Mirra and Joe Lonsdale, is headquartered in Mountain View, California. The company specializes in providing a software and data platform designed for managing complex investment portfolios.

Addepar's platform aggregates portfolio, market, and client data, offering tools for data aggregation, portfolio management, performance reporting, and client portals. It integrates with over 100 software, data, and services partners, managing over $4 trillion in assets.

With a workforce of 1001-5000 employees, Addepar continues to empower investment professionals with data, insights, and cutting-edge technology to make smarter investment decisions and drive greater outcomes.

How Much Funding Has Addepar Raised?

  1. Series A
    • Amount Raised: $1.1M
    • Date: April 2010
    • Lead Investors: Not publicly disclosed
    • Valuation at Round: Not publicly disclosed
    • Motivation Behind the Round: To develop the initial version of the platform and establish a market presence.
  2. Series B
    • Amount Raised: $17M
    • Date: June 2011
    • Lead Investors: Not publicly disclosed
    • Valuation at Round: Not publicly disclosed
    • Motivation Behind the Round: To scale the platform and expand the team.
  3. Series C
    • Amount Raised: $50M
    • Date: May 2014
    • Lead Investors: David O. Sacks, Valor Equity Partners
    • Valuation at Round: Not publicly disclosed
    • Motivation Behind the Round: To enhance platform capabilities and increase market penetration.
  4. Series D
    • Amount Raised: $140M
    • Date: June 2017
    • Lead Investors: 8VC, Harald McPike, Valor Equity Partners
    • Valuation at Round: Not publicly disclosed
    • Motivation Behind the Round: To support international expansion and further product development.
  5. Venture Round
    • Amount Raised: $40M
    • Date: March 2020
    • Lead Investors: Laurence A. Tosi
    • Valuation at Round: Not publicly disclosed
    • Motivation Behind the Round: To accelerate growth and enhance platform features.
  6. Series E
    • Amount Raised: $117M
    • Date: November 2020
    • Lead Investors: WestCap
    • Valuation at Round: Not publicly disclosed
    • Motivation Behind the Round: To expand business operations and invest in new technologies.
  7. Series F
    • Amount Raised: $166.3M
    • Date: June 2021
    • Lead Investors: D1 Capital Partners
    • Valuation at Round: $2.17 billion
    • Motivation Behind the Round: To further accelerate growth, expand into new geographies, and continue platform development.

Total Amount Raised: $531.4M. Current Valuation: $2.17 billion.

Key Investors

  • D1 Capital Partners
    • Details: D1 Capital Partners is a global investment firm founded in 2018 by Daniel Sundheim. The firm operates across public and private markets, combining the operational excellence of a large asset management firm with the flexible mandate of a family office.
    • Investment Focus Areas: Internet, technology, telecom, media, consumer, healthcare, financial, industrial, real estate.
    • Notable Investments: Not publicly disclosed.
  • WestCap
    • Details: WestCap is a growth equity firm that invests in technology-enabled companies. The firm is known for its hands-on approach and strategic support to help companies scale.
    • Investment Focus Areas: Technology, financial services, real estate, consumer, media.
    • Notable Investments: Airbnb, iCapital Network, Hopper.
  • 8VC
    • Details: 8VC is a venture capital firm founded by Joe Lonsdale. The firm focuses on building and investing in transformative technology companies.
    • Investment Focus Areas: Healthcare, logistics, financial services, government, enterprise software.
    • Notable Investments: Palantir Technologies, Wish, Guardant Health.
  • Valor Equity Partners
    • Details: Valor Equity Partners is a private equity firm that partners with companies to accelerate growth and innovation. The firm has a long history of investing in transformative companies.
    • Investment Focus Areas: Technology, consumer, industrial, healthcare.
    • Notable Investments: Tesla, SpaceX, GoPuff.
  • Laurence A. Tosi
    • Details: Laurence A. Tosi is a prominent investor and the founder of WestCap. He has a background in finance and has held leadership roles at Blackstone and Airbnb.
    • Investment Focus Areas: Technology, financial services, real estate.
    • Notable Investments: Airbnb, iCapital Network, Sonder.

What's Next for Addepar?

Addepar stands at the cusp of significant growth opportunities, driven by its plans to expand into new geographies and enhance its platform capabilities. With the global wealth management market valued at $225 trillion, the potential for Addepar to increase its market share is immense. The company already manages over $2.7 trillion in assets, and the demand for comprehensive financial management platforms continues to rise.

Future fundraising efforts are likely as Addepar seeks to support its rapid expansion and technological advancements. The recent $150 million investment from D1 Capital Partners underscores investor confidence in Addepar's growth trajectory. However, the company will need to navigate challenges such as competition from other fintech firms and regulatory hurdles in different markets. Maintaining innovation and client satisfaction will be crucial as Addepar continues to scale.

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