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Addepar is a leading provider of technology for the wealth management industry. The companys performance reporting and analytics platform aggregates portfolio, market, and client data all in one place. It provides asset owners and advisors a clearer financial picture at every level, allowing them to make more informed and timely investment decisions. Addepar works with leading financial advisors, family offices, and large financial institutions that manage over $1.3 trillion of assets on the companys platform. In 2018, Addepar was named as a Forbes Fintech 50 and received Morgan Stanley's Fintech Award for making significant impact to the firms mission of continuous innovation. Addepar is headquartered in Silicon Valley and has offices in New York City, Chicago, and Salt Lake City.
Addepar is a cloud-based wealth management platform that provides investment management advisors with tools for managing complex portfolios. The company provides customizable reporting solutions that enable financial managers to visualize and communicate relevant information to anyone who needs it. Recently, Addepar was named in the Forbes Fintech 50 For 2019 startups list.
The platform is a cloud-based system that partners with multiple data vendors and custodians to gather financial information. Its offering enables portfolio analysis and reporting from a single platform. The product caters to family offices, RIAs, foundations & endowments, global advisories, banks, financial services firms, and warehouses.
Addepar charges fees based on the asset size being managed by each customer.
Cherry Creek Family Office
Litvak & Co.
Perigon Wealth Management
and Silicon Valley Bank.
Perigon Wealth Management
Provides a seamless platform for increasing complexities of modern investment management.
$500 M in 2018
According to third-party sources, the company's valuation is more than $500 million. (Feb. 2018)
$5.0M - $9.99M in 2018
The company had a revenue of $9Million+ in 2018.
More than 750+ institutions are using the platform.
Currently, Addepar's platform provides support for managing assets worth~$1.3 trillion. (March 2019)
Eric Poirier (CEO)
Stephen Snyder (CFO)
David Lessing (CRO)
The company is planning to use its funds to continue investing in R&D, expanding its product, platform, and tech-enabled services.
$10M to $50M
SERIES B · $15.84 M · Jun 2011
SERIES C · $50 M · May 2014
SERIES D · $140 M · May 2017
SERIES E · $117 M · Nov 2020
OTHERS · $40 M · Mar 2020
Convertible note raised in January 2014.
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