Addepar, a global technology and data platform that investment professionals rely on to make the most informed, data-driven investment decisions, announced the closing of its $230 million Series G investment round.
The investment round was co-led by Vitruvian Partners, headquartered in London, and “returning investor, New York-based WestCap, with additional participation from longtime partners 8VC and Valor Equity Partners.”
Global investor EDBI, operating “under SG Growth Capital—the investment platform of the Singapore Economic Development Board (EDB) and Enterprise Singapore—also joined this round as a new investor.”
Addepar’s clients use its platform to manage and advise “on more than $7 trillion in client assets, up from $5 trillion just a year ago.”
The company adds more than $25 billion in new assets on average each week, and “serves more than 1,200 client firms across more than 50 countries.”
Addepar is the platform of choice for “single-family offices, RIAs, large banks, institutional asset owners and alternative fund managers.”
With hundreds of thousands of users worldwide, Addepar has become a leader in “wealth and investment management technology and data, and delivers outsized value specifically in times of market volatility.”
Eric Poirier, Chief Executive Officer at Addepar said:
“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.”
Addepar continues to invest over “$100 million annually in research and development and is on track to achieve profitability in 2025.”
The proceeds from its Series G financing will “primarily be used to provide liquidity to employees and other investors through a tender offer, allowing them to realize the value of their contributions.”
In addition, it will further “accelerate investments in innovation and client capabilities, enabling firms to differentiate themselves in an increasingly competitive market.”
Addepar continues to deliver “client satisfaction and retention, strong revenue growth, and rapid product innovation at scale.”
Born in response to the 2008 global financial crisis, Addepar has maintained focus “on empowering investment professionals with the best data, technology and insights.”
In doing so, it has set a new standard for the world’s wealth managers and investors.
Joe Lonsdale, General Partner at 8VC and Addepar’s Co-founder and Chairman of the Board said:
“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.”
Today, amid significant market turbulence and economic uncertainty, Addepar says that it is “positioned to double down on innovation—expanding its platform to help clients navigate volatility, manage risk, and deliver differentiated value to their own clients with greater speed, accuracy, and insight.”
As Addepar continues to grow, it remains committed to providing long-term impact across global markets “by empowering firms to act with greater clarity and confidence.”