Addepar Raises $140 Million in Series D Funding
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Addepar Raises $140 Million in Series D Funding
Addepar, a technology provider and operating system designed to cater to financial firms, announced that it has managed to raise $140 million in a series D round co-led by 8VC, Valor Equity Partners, and QuantRes founder Harald McPike.
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The significant amount of funding follows the developer’s increased growth, as in under a year and a half it has more than doubled the value of assets on its platform, from $300 billion to $650 billion. A correlation has been noted, with valued wealth managers adopting the software. The new funding will assist the ... (read more)
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