Addepar Funding: $230M for Wealth Management Growth
- Addepar, a New York-based global wealth management technology and data platform, has successfully closed a $230 million Series G funding round.
- The Addepar platform serves single-family offices, registered investment advisers (RIAs), large banks, institutional asset owners, and alternative fund managers. It currently manages and advises on over $7 trillion...
- Addepar invests more than $100 million annually in research and development and anticipates achieving profitability in 2025.
Addepar’s $230 million Series G funding round, co-led by vitruvian Partners and WestCap, marks a significant boost for the wealth management platform. This significant investment will fuel innovation and provide liquidity for employees, underscoring Addepar’s commitment to enhancing its platform. Managing over $7 trillion in assets, the company plans to invest heavily in research and development to solidify its market position. the platform supports over 1,200 client firms across more than 50 countries, with weekly gains averaging $25 billion in new assets. This major round underscores the growing demand for cutting-edge wealth management solutions and Addepar’s ability to deliver. News Directory 3 follows this story closely. Discover what’s next for Addepar.
Addepar Secures $230M Funding Round for Wealth Management Innovation
Updated May 28, 2025
Addepar, a New York-based global wealth management technology and data platform, has successfully closed a $230 million Series G funding round. Vitruvian Partners and returning investor WestCap co-led the round, with participation from 8VC, Valor Equity Partners, and EDBI, part of SG Growth Capital under the Singapore Economic Growth Board and Enterprise Singapore.
The Addepar platform serves single-family offices, registered investment advisers (RIAs), large banks, institutional asset owners, and alternative fund managers. It currently manages and advises on over $7 trillion in client assets, a significant increase from $5 trillion the previous year. the firm reports adding an average of $25 billion in new assets each week and supports more than 1,200 client firms across more than 50 countries. This latest investment underscores the growing demand for refined wealth management solutions and Addepar’s position in the market.
Addepar invests more than $100 million annually in research and development and anticipates achieving profitability in 2025. The proceeds from the Series G funding will primarily be used to fund a tender offer, providing liquidity for employees and investors.A portion of the funds will also accelerate investments in innovation and enhanced client capabilities,solidifying Addepar’s commitment to advancing its wealth management platform.
“As 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 unusual outcomes in today’s rapidly evolving financial landscape,” said Eric Poirier, CEO at Addepar.
What’s next
With the new funding, Addepar is poised to further enhance its wealth management platform, focusing on innovation and expanding its capabilities to meet the evolving needs of its clients. The company’s strategic investments in research and development will likely lead to new features and tools for investment professionals.