Addepar Raises $230M Series G at $3.25B Valuation Global Expansion

Addepar, a US-based wealth and investment management technology platform, has raised $230 million in a Series G funding round, boosting its valuation to $3.25 billion. The round was co-led by London-based Vitruvian Partners and New York-based WestCap, with participation from existing investors 8VC, Valor Equity Partners, and new investor EDBI from Singapore. Addepar’s platform supports more than 1,200 client firms across 50 countries, managing over $7 trillion in assets, and is widely used by single-family offices, RIAs, banks, and institutional investors. The funding will primarily provide liquidity to employees and investors through a tender offer, while also fueling continued global expansion, innovation, and over $100 million in annual research and development investments. CEO Eric Poirier emphasized the company’s mission to equip investment professionals with advanced technology, precise data, and actionable insights to navigate volatile markets effectively. The firm expects to reach profitability by 2025 and is capitalizing on increased demand for sophisticated wealth management tools amid market volatility and evolving client needs.