Addepar Stock
Investment management platform
About Addepar Stock
Addepar provides portfolio management software to wealth advisors serving ultra- and high-net worth individuals (U/HNW). Addepar handles all types of assets in any currency, aiming to help investors and advisors have a clear financial picture at every level, all in one place. The Addepar platform provides data aggregation & reconciliation, analysis tools, customizable reports, branded client portals, and API integration for other products and systems.
According to Addepar, its platform allows financial managers to visualize and communicate relevant information to anyone who needs it using the reporting functions. Addepar serves family offices, Registered Investment Advisers (RIA), private banks, broker-dealers and wirehouses with over $1.7 trillion in assets under advisory (AUA) on the platform (as of March 2020). The company grew the assets on the platform by over 30% in 2018 ($1T in April of 2018). BCG estimates that there is $27 trillion in U/HNW investable wealth globally (as of 2017).
Addepar has offices in Silicon Valley, New York, and Salt Lake City and was co-founded in 2009 by Joe Lonsdale, co-founder of Palantir.
Investors
8VC
Guardant Health, AnchorFree, Blend, Illumio, Sila Nanotechnologies, Asana, Addepar, Hims, Synthego, Blink Health
Chromo Invest
CreditEase Fintech Investment Fund
Figure, Fair, Tradeshift, Addepar, Dave, Upgrade, Taulia, wefox Group, H2O.ai, Nav
Palm Drive Capital
Thrive Capital
Instacart, Compass, Opendoor, Nubank, Slack, Oscar Health, Stripe, Unity Technologies, ClassPass, Lemonade
Funding History
| June 2011 | $1.1M |
|---|---|
| June 2011 | $21.0M |
| March 2014 | $51.5M |
| November 2016 | $157M |
Management
Founder & Executive Chairman of the Board
Joe Lonsdale
Chief Executive Officer
Eric Poirier
Senior Vice President of Services
Dan Bayer
General Counsel
Mitchell Bompey
Senior Vice President, People and Operations
Sally Buchanan
Head of Insights
Alastair Cairns
Chief Information and Security Officer
William Gregorian
Chief Revenue Officer
David Lessing
Chief Product Officer
Don Nilsson
Chief Financial Officer
Stephen Snyder
Chief Marketing Officer
Natalie Sunderland
Press
PR Newswire - Nov, 21 2019
prnewswire - Jul, 30 2019
prnewswire - Jun, 20 2019
prnewswire - Jun, 12 2019
prnewswire - Mar, 27 2019
uk - Nov, 15 2018
PR Newswire (press release) - Apr, 25 2018
RIABiz - Mar, 5 2018
Other Companies
EquityZen does not have an affiliation with, formal relationship with, or endorsement from Addepar or any companies feature above. This profile is based on publicly available information and is intended to be informative in nature.
Some data provided by Crunchbase
EquityZen Recognized As:
