Headquarter: Mountain View

Year Founded: 2009

Employees: ~454 | 2021

Business Status: Generating Revenue

Industry Sectors: Fintech, Saas, Financial Software, Wealth-Management Tech

What IS ADDEPAR?

Developer of a wealth management platform designed to aggregate portfolio, market, and client data all in one place. The company's platform specializes in data aggregation, analytics, and performance reporting for complex investment portfolios to provide real-time portfolio reporting and insights required to make and implement investment decisions, enabling asset owners and advisors to have a clearer financial picture at every level to make informed, timely decisions.

WHAT DOES ADDEPAR DO?

Addepar is growing in a bid to strengthen its solution for advisors, acquiring companies making trading and rebalancing software. Addepar is growing its open architecture and a vast partner ecosystem to allow its wealth management clients to choose the components of their overall solution.

Wealth Management Platform

Addepar is a cutting-edge wealth management platform that revolutionizes how investors manage their portfolios. Founded in 2009, Addepar aggregates data from various financial sources to provide a unified view of investment performance, risk, and asset allocation. It caters to high-net-worth individuals, family offices, and financial advisors, offering sophisticated analytics, customizable reporting, and tools for strategic decision-making. With its ability to handle complex investment structures and its commitment to data security, Addepar supports clients in navigating the intricacies of wealth management with clarity and precision.

Addepar has surpassed $5 trillion in assets under oversight as of December 2023.

Addepar has offices in Mountain View, California, USA (Headquarters), New York City, New York, USA, Salt Lake City, Utah, USA Chicago, Illinois, USA, London, United Kingdom, Edinburgh, Scotland, United Kingdom, Pune, India and Dublin, Ireland.

Addepar stock

Become a member for in-depth coverage of Addepar

Most Recent Financing Status

The company raised $166.26 million in Series F venture funding from Vika Ventures and D1 Capital Partners on June 25, 2021, putting the company's pre-money valuation at $2 billion. The company intends to use the fund to further accelerate its rapid growth, fueling the expansion of the business and workforce into new geographies and driving the continued development of its category-defining platform. Previously, the company raised $117 million of Series E venture funding in a deal led by WestCap Group on November 18, 2020, putting the company's pre-money valuation at $950 million. 8VC and five other investors also participated in the round.

Major Investors

IPO CLUB, D1 Capital, 8VC, Peter Thiel, WestCap and Valor Equity Partners

Addepar IPO

While there is no official confirmation of an IPO date, the company's growth trajectory, partnerships, and market position suggest that it might consider going public. However, no specific plans for an IPO have been disclosed. Market conditions, financial performance, and strategic goals would influence such a decision.

Pre-IPO Investing: For those interested in investing in Addepar before an IPO, options include investing through ipo.club, which caters to accredited, qualified and institutional investors.

Addepar has been expanding its services and client base, with new features and partnerships, including with financial institutions like HSBC and RBC Wealth Management and Banco Itau’, indicating strong market traction and a potential path towards IPO.

Latest news

ADDEPAR STOCK UPDATE Q3 2024

Stay up-to-date with all the latest news pertaining to Addepar stock, the IPO, and investment opportunities. By clicking here, you'll gain access to real-time updates and in-depth analysis from market experts, empowering you to make informed decisions about your investment journey. Whether you're a seasoned investor or just getting started, our platform is tailored to provide you with all the crucial information you need to navigate the thrilling world of the stock market and IPOs. Dive in and keep your finger on the pulse of the financial markets.

Addepar