Addepar Secures $230 Million in Series G Funding Round Led by Vitruvian Partners and WestCap
Deal News | May 13, 2025 | PR Newswire Cision Addepar
Addepar, a leading global technology platform for investment professionals, has successfully closed a Series G funding round, securing $230 million at a valuation of $3.25 billion. The round was co-led by Vitruvian Partners and WestCap, with participation from 8VC, Valor Equity Partners, and EDBI. Addepar's platform is trusted to manage and advise on over $7 trillion in assets globally, a significant increase from $5 trillion only a year ago. The additional funds will be used to enhance liquidity for employees and invest in innovation, further solidifying its position as a leader in investment technology. Addepar continues to expand its global reach, servicing over 1,200 companies in more than 50 countries. The company is on track to achieve profitability by 2025, while maintaining a strong focus on providing comprehensive data-driven solutions for wealth management and investment decision-making.
Sectors
- Financial Technology
- Investment Management
- Venture Capital
Geography
- United States – Addepar is based in the United States, with significant operations and a large client base across the country.
- United Kingdom – Vitruvian Partners, a co-leader of the funding round, is headquartered in London, indicating relevance to the UK investment scene.
- Singapore – EDBI, a new investor in Addepar's latest funding round, operates under Singapore's Economic Development Board, marking the country's participation.
Industry
- Financial Technology – Addepar operates as a technology platform providing data and analytics for investment professionals, which is central to the fintech industry.
- Investment Management – The article focuses on Addepar, a platform used by investment management firms to manage and advise on assets, positioning it within this industry.
- Venture Capital – The article covers a Series G funding round with involvement of several venture capital firms, highlighting the industry's role in scaling businesses.
Financials
- 230 million USD – The amount raised by Addepar in its Series G funding round.
- 3.25 billion USD – The valuation of Addepar following the Series G funding round.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Addepar | Target Company | Company | A global technology platform providing data and analytics solutions for investment professionals. |
| Vitruvian Partners | Investor | Company | A growth-focused global investment firm and co-leader of Addepar's Series G funding round. |
| WestCap | Investor | Company | A strategic investment firm and co-leader of Addepar's Series G funding round. |
| 8VC | Investor | Company | An existing investor in Addepar participating in the Series G funding round. |
| Valor Equity Partners | Investor | Company | A long-time investment partner of Addepar involved in the Series G funding round. |
| EDBI | Investor | Company | The investment arm of Singapore's Economic Development Board, joining Addepar's latest funding round as a new investor. |