iCapital is a leading global financial technology platform driving access and efficiency in alternative investing for the asset and wealth management industries.
iCapital has transformed the way the wealth management, banking, and asset management industries facilitate access to private markets investments for their high-net-worth clients by providing intuitive, end-to-end technology and service solutions.
iCapital was founded in 2013 by Dan Vene and Nick Veronis. The company is headquartered in New York, NY, with presence in Zurich, London, Lisbon, Hong Kong, Singapore, Tokyo, and Toronto.
iCapital's state-of-the-art, secure online portal makes it possible for top performing fund managers to aggregate commitments from a network of independent wealth advisors, family offices, and individual qualified purchasers.
iCapital ‘flagship’ platform offers financial advisors and their high-net-worth clients access to a curated menu of private equity, private credit, hedge funds, and other alternative investments to help meet their investing needs for return and diversification.
iCapital grew its platform assets from international clients to $22 billion, making it the largest alternatives platform outside the US. It recently announced strategic partnerships with global industry leaders such as Allfunds, BlackRock and UBS.
iCapital is backed by Temasek, WestCap, Ping An Voyager Partners, Blackstone, UBS, Owl Rock, BNY Mellon, Wells Fargo, Morgan Stanley, Goldman Sachs Asset Management, Apollo, and others. The company raised $50M in new financing on Dec 24, 2021. This brings iCapital's total funding to $779.2M to date. The latest investment valued iCapital at $6B post-money, which is $2B more from their previous $4B gained after a funding raised in Jul 2021.