Addepar

Addepar is a wealth management platform that specializes in data aggregation, analytics and reporting for even the most complex investment portfolios.

Addepar is the financial operating system that brings common sense and data-driven investing to our financial world.

Addepar was co-founded in 2009 by Joe Lonsdale and Jason Mirra. The company is headquartered in Silicon Valley and has offices in New York City, Salt Lake City and Edinburgh.

 

Addepar's platform aggregates portfolio, market and client data all in one place. It provides asset owners and advisors a clearer financial picture at every level, allowing them to make more informed and timely investment decisions.

 

Addepar launched the Investor Sentiment Index which uses aggregated and anonymized data across more than 10,000 portfolios, each of which have at least $10 million, in order to surface timely insights that had previously been unattainable.

Addepar has also designed its platform with advisors' end clients in mind, offering a white-labeled mobile app and web-based portal so that investors can quickly assess what's in their portfolio, how it's allocated, and how their performance has changed over time.

Addepar has amassed more than $2.7 trillion in client assets on its platform, and serves over 600 family offices, registered investment advisors, private banks and large financial institutions across more than 25 countries.

 

Addepar is backed by WestCap Group, Valor Equity Partners, Blumberg Capital, D1 Capital Partners, Thrive Capital, 8VC, JCB Investments, and others. The company raised $150M in Series F round on Jun 15, 2021. This brings Addepar's total funding to $512.8M to date. The new round valued the company at $2B pre-money.

 

Addepar, in 2020, was named as a Forbes Fintech 50 for the 5th consecutive year and in 2018 received Morgan Stanley's Fintech Award for making a significant impact on the firm's mission of continuous innovation.

 

 

  • Year founded: 2009
  • Funding Info: $512.8M over 7 Rounds (Latest Funding Type: Series F)
  • Yearly Revenue: NA
  • Employee Size: 201-500
  • Business Valuation: Valued at $2B as of June 15, 2021
  • City/Town: Mountain View
  • State: California
  • Country: United States
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