Addepar Raises $230M in Series G Funding, Now Valued at $3.25B
Addepar, a leading global technology and data company serving over 1,200 client firms across more than 50 countries, has raised $230 million in a Series G funding round. The round was co-led by Vitruvian Partners and WestCap, with participation from several other prominent investors. The funding will be used to provide liquidity to employees and stakeholders via a tender offer, accelerate investments in innovation, and enhance client capabilities.
Founded in 2009 by Joe Lonsdale and Jason Mirra, Addepar specializes in data aggregation, analytics, and portfolio reporting for investment professionals. The company integrates with over 100 partners to deliver a comprehensive solution for investment firms worldwide. This latest funding round, which values Addepar at $3.25 billion, saw participation from 8VC, Valor Equity Partners, and new investor EDBI, along with co-leads Vitruvian Partners and WestCap. The funding will enable Addepar to provide liquidity to employees and stakeholders through a tender offer, accelerate investments in innovation, and enhance its client capabilities.
Addepar's Series G funding round, led by Vitruvian Partners and WestCap, has raised $230 million. The company will use this funding to provide liquidity to employees and stakeholders, invest in innovation, and improve client capabilities. With this round, Addepar's valuation reaches $3.25 billion, reflecting the market's confidence in the company's growth and potential.
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