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Addepar secures $230 million in Series G funding, bringing its valuation to $3.25 billion and adding new backing from global investors including Vitruvian Partners and EDBI. The company now supports over $7 trillion in client assets and invests more than $100 million annually in research and development. Proceeds from the round will support employee liquidity and continued innovation across its investment technology platform.
How Addepar Quietly Builds a $3.25 Billion Fintech Giant
Addepar announces the successful close of a $230 million Series G investment round, bringing its valuation to $3.25 billion. The round includes co-leads Vitruvian Partners and WestCap, with participation from 8VC, Valor Equity Partners, and new investor EDBI. This marks a significant financial milestone for the technology and data platform, which focuses on empowering investment professionals with real-time data and insight capabilities.
CEO Eric Poirier states that this funding is a reflection of the trust placed in Addepar’s long-term vision and the consistent value delivered to its clients. The company positions itself as a unified platform tailored for investment professionals navigating complex financial environments. The new capital also enables liquidity through a tender offer for employees and early investors.
Who’s Betting Big on Addepar? Meet the Power Investors Behind the Deal
The Series G round is co-led by Vitruvian Partners, a London-based growth investor, and WestCap, a New York investment firm and returning backer.
Other participants include:
- 8VC, co-founded by Addepar’s Joe Lonsdale
- Valor Equity Partners
- EDBI, affiliated with Singapore’s Economic Development Board under SG Growth Capital
Vitruvian highlights Addepar’s measurable global impact and category leadership in investment technology. WestCap emphasizes its long-standing partnership and continued involvement in scaling the firm.
$7 Trillion in Assets and Counting: How Addepar Becomes a Wealth Tech Titan
Addepar’s platform now supports over $7 trillion in client assets, growing from $5 trillion the previous year. On average, the company adds $25 billion in new assets each week. The client base exceeds 1,200 firms across more than 50 countries.
These clients include:
- Single-family offices
- Registered Investment Advisors (RIAs)
- Large banking institutions
- Institutional asset owners
- Alternative fund managers
The platform’s reach extends to hundreds of thousands of users, placing it among the most widely adopted technology solutions in the wealth management sector.
Why $100 Million a Year on R&D Signals More Than Just Ambition
Addepar allocates more than $100 million annually to research and development. This investment fuels the advancement of its core platform, including features that aggregate portfolio, market, and client data.
Its open platform integrates with over 100 external partners across software, data, and services. This structure supports flexibility and scale, allowing clients to adapt to changing market needs.
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What This Means for Employees, Clients, and the Future of Investment Management
A key feature of this funding round is the tender offer that provides liquidity to employees and investors. This allows contributors to realize gains from their involvement in the company’s growth.
The funds will also enhance client services, expand capabilities, and allow Addepar to differentiate itself amid competition in the wealth tech market.
Addepar remains on track for profitability in 2025 while maintaining high client satisfaction and retention.
From Crisis to Category Leader: How Addepar Emerges From the 2008 Aftershock
Addepar is founded in the aftermath of the 2008 financial crisis. From the outset, the company focuses on delivering accurate data, advanced tools, and reliable insights.
Joe Lonsdale, General Partner at 8VC and Addepar’s co-founder and chairman, reinforces the platform’s aim to connect data, insight, and action. He notes that the company is developing a global operating system for investment professionals.
The strategic foundation has allowed Addepar to reshape how decisions are made in a volatile market.
Why the Industry Watches Closely as Addepar Expands Its Global Footprint
Addepar maintains a flexible workforce across multiple offices, including locations in Silicon Valley, New York City, Salt Lake City, Chicago, London, Edinburgh, Pune, and Dubai.
Its international footprint supports global expansion while addressing local client demands. The recent investment enables further scaling and regional support.
Vitruvian Partners plans to contribute strategic guidance to aid global growth. WestCap reaffirms its alignment with Addepar’s objectives in transforming the investment management ecosystem.
Addepar Stakes Its Claim in the Future of Fintech
With $230 million in new funding, a $3.25 billion valuation, and a steadily expanding client base, Addepar solidifies its position in wealth management technology.
The company’s commitment to data precision, technology integration, and client-centric services continues to define its strategic direction.
Addepar’s leadership views this milestone as part of a longer trajectory, one in which investment professionals are supported by a platform built for resilience and clarity across global markets.
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