Addepar
Headquarters
Mountain View, CAFounded
2009CEO / Founder
Eric PoirierEmployees
501-1000Funding
Series G — $496MProducts
1 product listedAvg. AI Score
7.6/10Website
www.addepar.com
Profile updated
About Addepar
Addepar is a wealth management platform founded in 2009 in Mountain View, California by Joe Lonsdale and Jason Mirra. The platform aggregates, analyzes, and reports on investment portfolios across public and private markets for financial advisors, family offices, and institutions.
Addepar has more than $7 trillion in assets on the platform across hundreds of wealth management firms, family offices, banks, and private-equity firms.
The company has raised approximately $496 million, including a $150 million Series G in 2024 at a $3.25 billion valuation led by Vitruvian Partners and WestCap.
Specialties
Financials
Dated, source-cited figures. Estimates are marked.
Products by Addepar
All products by Addepar reviewed by our AI panel of experts.
How Our Review Panel Scores Addepar
Six independent reviewer personalities assessed Addepar's product on their own terms. They disagreed by 4.2 points — The Skeptic was the hardest to convince, The Domain Strategist the most positive.
Averaged across 1 reviewed product in our catalog. Scores are out of 10.
Competitive Landscape
Who Addepar competes with, and how they differ.
Orion Advisor Solutions targets the same RIA reporting and rebalancing workflow as Addepar, but skews toward mid-market advisory firms rather than Addepar's UHNW and family-office client base.
Black Diamond is SS&C's wealth-management reporting platform, competing directly for advisor and RIA performance-reporting mandates that Addepar also pursues, though Addepar scales further into alternative-asset and family-office data aggregation.
Tamarac (Envestnet) bundles portfolio reporting, rebalancing and CRM for RIAs in one suite, competing with the combined Addepar plus AdvisorPeak (Addepar's 2021 rebalancing acquisition) offering.
eMoney Advisor (owned by Fidelity) focuses on financial planning and client-facing projections rather than Addepar's data-aggregation and portfolio-analytics core, but both sit in the same advisor tech stack and compete for the same firm-level budget.
Company Timeline
Key milestones in Addepar's history, with sources.
- Acquisition
Acquired Arcus, an enterprise AI workflow startup
Addepar acquired Arcus, a New York-based enterprise-AI workflow platform founded in 2022, to deepen AI and machine-learning capability across its data platform.
wealthmanagement.com - Funding
Series G — $230M, $3.25B valuation
Addepar closed a $230 million Series G round co-led by Vitruvian Partners and WestCap at a $3.25 billion valuation, with more than $7 trillion in client assets on the platform.
fintechfutures.com - Acquisition
Acquired AdvisorPeak
Addepar acquired AdvisorPeak, a trading and portfolio-rebalancing software provider, adding native rebalancing capability aimed at the RIA market.
investmentnews.com - Funding
Series F — $150M from D1 Capital, $2B valuation
Addepar raised $150 million from D1 Capital Partners at a pre-money valuation of $2 billion, with the platform then tracking more than $2.7 trillion in client assets.
ibsintelligence.com - Funding
Series E — $117M led by WestCap
Addepar raised $117 million in a Series E round led by WestCap, bringing total funding to date to approximately $325 million and surpassing $2 trillion in client assets on the platform.
wealthmanagement.com - Founded
Founded by Joe Lonsdale
Addepar was founded in 2009 by Joe Lonsdale, who also co-founded Palantir Technologies, to build a data-aggregation and analytics platform for wealth managers.
prnewswire.com
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