Addepar secures $230M in series G funding

Anika Sidhika

Wed, May 14, 2025, 4:59 AM 3 min read

Addepar, a level for concern professionals, has raised $230m successful a Series G backing round, pushing its valuation to $3.25bn.

The concern circular was co-led by London-based Vitruvian Partners and returning capitalist WestCap of New York. It besides included long-time investors 8VC and Valor Equity Partners, arsenic good arsenic caller capitalist EDBI, which is portion of SG Growth Capital, the concern limb of Singapore's Economic Development Board and Enterprise Singapore.

The company’s platform, which provides concern professionals with tools to marque data-driven decisions, presently supports implicit $7trn successful assets up from $5trn conscionable a twelvemonth ago. With much than 1,200 lawsuit firms successful implicit 50 countries, Addepar continues to turn its planetary footprint, averaging $25bn successful caller assets each week.

Eric Poirier, CEO of Addepar stated: "This concern circular reflects the heavy spot our investors person successful our mission, and the exceptional worth we consistently present to our clients. Since time one, our absorption has been connected gathering a unified level that equips concern professionals with precocious technology, precise data, and actionable insights indispensable tools for achieving bonzer outcomes successful today's rapidly evolving fiscal landscape.

“This backing aims to reward everyone who has contributed to our ngo during our archetypal 15 years and reinforces our committedness to empowering the world's starring firms with heavy and lasting innovation. It ensures that our clients are empowered with the close technology, information and tools to navigate the afloat scope of marketplace conditions with confidence."

The recently raised funds volition beryllium chiefly utilised to supply liquidity to workers and aboriginal investors done a tender offer, allowing them to enactment successful the company's growth. A information of the funds volition beryllium utilized to expedite the improvement of Addepar's merchandise suite and lawsuit services.

Moreover, Addepar is connected people to go profitable successful 2025 and continues to put much than $100m yearly successful probe and development. It has established a estimation arsenic a reliable level for RIAs, household offices, ample banks, organization plus owners, and alternate money managers, peculiarly during times of marketplace uncertainty.

Luuk Remmen, Partner astatine Vitruvian Partners shared: "Addepar has established itself arsenic a class person successful concern exertion with a beardown way grounds of innovation and measurable planetary impact. We're arrogant to bring much than superior to this partnership, offering strategical penetration to assistance accelerate Addepar's adjacent signifier of planetary maturation and widen its transformative solutions to much concern professionals worldwide."