Addepar - About the company
Addepar is a series F company based in Mountain View (United States), founded in 2009 by Joe Lonsdale, and . It operates as a Wealth management solutions for advisors. Addepar has raised $529M in funding from investors like WestCap, Valor Equity Partners and 8VC, with a current valuation of $2.17B. The company has 589 active competitors, including 105 funded and 81 that have exited. Its top competitors include companies like sei, Avaloq and 360 One.
Sectors and market segments that Addepar operate in
Addepar serves in the B2B space in the FinTech market segments.The primary business model of Addepar is:Company Details
Addepar is a wealth management solution for investment advisors. It offers solutions for data aggregation, analytics, and portfolio reporting for investment advisors. The product caters to family offices, RIAs, foundation and endowments, global advisories, banks, financial services firms, and wirehouses.
- Website
- Social
- Email ID
- @addepar.com
- Phone Number
- +1
- Part Of
- getaltx.com
Key Metrics
Founded Year
2009
Location
Mountain View, United States
Stage
Series F
Total Funding
in 7 rounds
Latest Funding Round
Post Money Valuation
as on Jun 15, 2021
Investors
Ranked
1st among 589 active competitors
Employee Count
as on Dec 31, 2022
Investment & Acquisitions
&
Similar Companies
sei &
Legal entities associated with Addepar
Addepar is associated with 2 legal entities given below:
Legal Entity Name | Date of incorporation | Revenue | Net Profit | Employee Count |
|---|---|---|---|---|
Oct 24, 2022 | - | 247 | 589 | |
- | 856 | 331 |
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Addepar's funding and investors
Addepar has raised a total funding of $529M over 7 rounds. Its first funding round was on Jun 15, 2011. Its latest funding round was a Series F round on May 30, 2022 for an undisclosed amount. 1 investor participated in its latest round, lead by WestCap.
Addepar has 52 institutional investors including WestCap, Valor Equity Partners and 8VC. There are 3 Angel Investors in Addepar.
Here is the list of recent funding rounds of Addepar:
Date of funding | Funding Amount | Round Name | Post money valuation | Revenue multiple | Investors |
|---|---|---|---|---|---|
May 30, 2022 | Undisclosed | Series F | - | - | |
Jun 07, 2021 | $166M | Series F | $2.17B | - | |
Nov 18, 2020 | $117M | Series E | - | - |
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Addepar's valuation details
Addepar is valued at $2.17B as per the latest available filings.Addepar's founders and board of directors
The founders of Addepar are Joe Lonsdale, and . is the CEO of Addepar. Joe Lonsdale has founded 12 more companies including Luminary, Opto Investments and Anduin Transactions. has founded 1 more company - Ender.
View details of Addepar's Founder profiles and Board Members
Addepar's employee count trend
Addepar has 560 employees as of Dec 22. The total employee count is 51.4% more than what it was in Dec 21. Here is Addepar's employee count trend over the years:
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Top competitors of Addepar include sei, Avaloq and 360 One. Here is the list of Top 10 competitors of Addepar, ranked by ÃØÃÜÑо¿Ëù score :
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Overall Rank | Company Details | Short Description | Total Funding | Investors | ÃØÃÜÑо¿Ëù Score |
|---|---|---|---|---|---|
1st |  2009, Mountain View (United States), Series F | Wealth management solutions for advisors | $529M | Western Technology Investment, Thrive CapitalÌý&²¹³¾±è;Ìý | 78/100 |
2nd | sei 1968, Oaks (United States), Public | Wealth and investment management solutions for institutional investors | - | 74/100 | |
3rd |  Avaloq 1985, Zurich (Switzerland), Acquired | Cloud-based solutions for financial institutions | $301M | Warburg Pincus, BlackRockÌý&²¹³¾±è;Ìý | 73/100 |
4th | Provider of asset and wealth management software for businesses | - | Bain Capital Private Equity, General AtlanticÌý&²¹³¾±è;Ìý | 73/100 | |
5th |  Envestnet 1999, Berwyn (United States), Acquired | Cloud-based front and back-office solutions for wealth managers, financial advisors, and financial institutions | - | TCV, Foundation CapitalÌý&²¹³¾±è;Ìý | 70/100 |
6th |  Broadridge 2007, New York City (United States), Public | Cloud-based accounting and financial management solutions for businesses and financial institutions | - | Back Bay Group, ´Üü³ó±ô°ì±ðÌý&²¹³¾±è;Ìý | 69/100 |
7th |  Centricity 2022, Delhi (India), Seed | Digital wealth management platform for individuals | $24M | Lightspeed Venture Partners, Burman Family HoldingsÌý&²¹³¾±è;Ìý | 68/100 |
8th | InvestCloud 2010, West Hollywood (United States), Acquired | Investment management solutions for advisors | $78.7M | Altos Ventures Management, Citi VenturesÌý&²¹³¾±è;Ìý | 67/100 |
9th |  Sanctuary Wealth 2018, Indianapolis (United States), Acquired | Provide solutions to wealth managers to manage their clients | $175M | 66/100 | |
10th | Delta Capita 2010, London (United Kingdom), Series C | Provider of consulting and managed services | $90.2M | Prytek, Kastelein ConsultancyÌý&²¹³¾±è;Ìý | 63/100 |
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Addepar's Investments and acquisitions
Addepar has made 3 investments in companies including and . Addepar has also acquired 3 companies including AdvisorPeak and RCI. Here is the list of investments & acquisitions:
Date of Investment/Acquisition | Type | Company Name | Founded Year | Location |
|---|---|---|---|---|
Jan 10, 2022 | Investments |  | 2019 | Covina, United States |
Oct 25, 2021 | Acquisition | 2017 | Layton, United States | |
Apr 15, 2021 | Investments | 2008 | Newton, United States |
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Reports related to Addepar
Here is the latest report on Addepar's sector:
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News related to Addepar
Media has covered Addepar for a total of 5 events in the last 1 year, 2 of them have been about company updates and 2 about partnerships.
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When was Addepar founded?
Addepar was founded in 2009.Where is Addepar located?
Addepar is located in Mountain View, United States.Is Addepar a funded company?
Addepar is a funded company, its first funding round was on Jun 15, 2011.When was the latest funding round of Addepar?
Addepar's latest funding round was on May 30, 2022.How much is Addepar worth?
The latest valuation of Addepar is $2.17B as on Jun 15, 2021.What is the annual revenue of Addepar?
Annual revenue of Addepar is undefined as on undefined.Is Addepar a Investment Tech company?
The primary sector of Addepar is Investment Tech.Our Lite Plan Awaits you - Its Free!
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