Addepar, a preeminent global technology and data platform empowering investment professionals with the insights needed for astute, data-driven decision-making, today announced the successful completion of its $230 million Series G investment round. This significant capital infusion, co-led by the esteemed London-based growth equity firm Vitruvian Partners and returning investor WestCap, headquartered in New York, underscores the market’s strong confidence in Addepar’s vision and its pivotal role in the evolving landscape of wealth and investment management. The funding round also garnered participation from long-standing partners 8VC and Valor Equity Partners, alongside a notable new investor, EDBI (operating under SG Growth Capital), the investment arm of the Singapore Economic Development Board (EDB) and Enterprise Singapore.

This latest funding milestone elevates Addepar’s valuation to a robust $3.25 billion, a testament to its consistent growth trajectory, innovative platform, and expanding client base. The company has demonstrated impressive momentum, with client assets managed on its platform surging from $5 trillion to over $7 trillion in the past year alone. This remarkable growth is further evidenced by an average weekly influx of over $25 billion in new assets. Addepar currently serves more than 1,200 client firms across over 50 countries, solidifying its position as the platform of choice for a diverse range of financial institutions, including single-family offices, Registered Investment Advisors (RIAs), large banks, institutional asset owners, and alternative fund managers. With hundreds of thousands of users globally, Addepar has become synonymous with cutting-edge technology and comprehensive data solutions in the wealth and investment management sector, proving particularly invaluable during periods of market volatility.

Eric Poirier, Chief Executive Officer at Addepar, expressed his enthusiasm about this new chapter, stating, “This investment round reflects the deep trust our investors have in our mission, and the exceptional value we consistently deliver to our clients. Since day one, our focus has been on building a unified platform that equips investment professionals with advanced technology, precise data, and actionable insights—essential tools for achieving extraordinary outcomes in today’s rapidly evolving financial landscape. This funding aims to reward everyone who has contributed to our mission during our first 15 years, and reinforces our commitment to empowering the world’s leading firms with deep and lasting innovation. It ensures that our clients are empowered with the right technology, data and tools to navigate the full range of market conditions with confidence.”

A significant portion of the newly secured capital will be strategically allocated towards a tender offer, providing liquidity opportunities for the company’s dedicated employees and other investors. This move recognizes their invaluable contributions to Addepar’s success and aligns with best practices in fostering a thriving and motivated workforce. Furthermore, the investment will fuel an acceleration of Addepar’s ongoing commitment to research and development, which currently sees over $100 million invested annually. These investments will focus on enhancing the platform’s innovation and expanding its client capabilities, enabling firms to differentiate themselves in an increasingly competitive market. Addepar’s unwavering focus on client satisfaction and retention, coupled with its strong revenue growth and rapid product innovation at scale, positions it for continued success in the dynamic financial technology landscape. The company is also on a promising trajectory towards achieving profitability in 2025, further solidifying its financial stability and long-term viability.

Luuk Remmen, Partner at Vitruvian Partners, commented on their investment, stating, “Addepar has established itself as a category leader in investment technology with a strong track record of innovation and measurable global impact. We’re proud to bring more than capital to this partnership—offering strategic insight to help accelerate Addepar’s next phase of global growth and extend its transformative solutions to more investment professionals worldwide.” Vitruvian Partners, with its extensive experience in backing high-growth technology companies, brings valuable strategic guidance that will be instrumental in Addepar’s future expansion. Their portfolio includes notable global successes such as Wise, Marqeta, CFC, Global-e, Darktrace, Just Eat, and Skyscanner, highlighting their expertise in scaling innovative businesses.

Jaime Hildreth, Partner at WestCap and a member of Addepar’s board of directors, also shared his perspective, “We’re proud to deepen our partnership with Addepar as they push the boundaries of innovation across the wealth management ecosystem, providing essential solutions for today’s investment managers. We recognized Eric and the Addepar team’s vision from the outset and will continue to work alongside their team to build, scale, and pioneer the future of investment management.” WestCap’s continued investment underscores their conviction in Addepar’s long-term potential and its ability to transform the investment management industry. WestCap’s impressive investment portfolio includes prominent companies like Airbnb, StubHub, Ipreo (now part of IHS Markit), Hopper, iCapital, SIMON Markets, and GoodLeap, reflecting their keen eye for identifying and supporting disruptive businesses.

Addepar’s origins are deeply rooted in the aftermath of the 2008 global financial crisis, a period that highlighted the critical need for greater transparency and sophisticated data management within the investment industry. Founded with an unwavering commitment to empowering investment professionals with best-in-class data, technology, and actionable insights, Addepar has since become a driving force in setting new standards for the world’s leading wealth managers and investors. The platform’s ability to aggregate and analyze complex financial data from disparate sources has proven to be a game-changer for firms seeking a holistic and accurate view of their clients’ portfolios.

Joe Lonsdale, General Partner at 8VC and Addepar’s Co-founder and Chairman of the Board, emphasized the company’s overarching vision, stating, “Addepar is building the global operating system for investment professionals—connecting data, insight, and action in one powerful platform. This milestone reflects the market’s belief in that vision and the strength of the team driving it. As Addepar expands its global reach, it’s redefining how capital is managed and decisions are made across the investment ecosystem.” 8VC, known for its early-stage investments in transformative technology companies, has been a steadfast supporter of Addepar’s journey since its inception.

In today’s environment of significant market turbulence and economic uncertainty, Addepar’s value proposition has become even more compelling. The platform’s robust capabilities enable clients to navigate volatility with greater confidence, effectively manage risk, and deliver differentiated value to their own clients with enhanced speed, accuracy, and insight. By providing a unified view of complex portfolios and sophisticated analytical tools, Addepar empowers investment professionals to make informed decisions and adapt swiftly to changing market conditions. As the company continues its global expansion, it remains deeply committed to driving meaningful, long-term impact across global markets by empowering firms to act with greater clarity and confidence.

Addepar’s commitment to an open platform ecosystem is further demonstrated by its integration with over 100 software, data, and service partners. This extensive network allows clients to customize their technology stack and seamlessly connect Addepar’s powerful capabilities with other essential tools and data sources, creating a truly comprehensive and tailored solution for a wide range of firms and use cases. This open architecture underscores Addepar’s understanding of the diverse needs of its client base and its dedication to providing a flexible and adaptable platform.

The company’s global presence is further solidified by its adoption of a flexible workforce model, with strategically located offices in key financial and technology hubs worldwide, including Silicon Valley, New York City, Salt Lake City, Chicago, London, Edinburgh, Pune, and Dubai. This distributed team structure enables Addepar to attract top talent globally and provide localized support to its international client base.

About Addepar:

Addepar is a global technology and data company dedicated to helping investment professionals deliver the most informed and precise guidance to their clients. Over the past decade, hundreds of thousands of users have entrusted Addepar to empower smarter investment decisions and provide better advice. With a client presence spanning more than 50 countries, Addepar’s platform aggregates portfolio, market, and client data for over $7 trillion in assets. Addepar’s open platform seamlessly integrates with more than 100 software, data, and services partners to offer a complete solution for a diverse range of firms and use cases. Embracing a global flexible workforce model, Addepar operates offices in Silicon Valley, New York City, Salt Lake City, Chicago, London, Edinburgh, Pune, and Dubai.

About Vitruvian Partners:

Vitruvian Partners is a global growth-focused investment firm with offices strategically located across London, Stockholm, Munich, Madrid, Luxembourg, Mumbai, Singapore, Shanghai, Miami, and San Francisco. Vitruvian specializes in dynamic situations characterized by rapid growth and change within asset-light industries. With over $20 billion of active funds, Vitruvian has a proven track record of backing numerous global winners and leaders across various sectors, including Wise, Marqeta, CFC, Global-e, Darktrace, Just Eat, and Skyscanner. 

About WestCap:

WestCap is a strategic operating and investing firm that partners with visionary leaders to build enduring, generational businesses. Their team comprises seasoned industry leaders and entrepreneurs who provide invaluable guidance to companies navigating critical growth stages. WestCap’s notable investments include Airbnb, StubHub, Ipreo (now part of IHS Markit), Hopper, iCapital, SIMON Markets, and GoodLeap. The firm maintains a global presence with offices in New York, San Francisco, and London.

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By: Montel Kamau

Serrari Financial Analyst

13th May, 2025