Announced
Financials
Sources
Tags
Venture Capital
United States
Domestic
Completed
financial technology
Private
Single Bidder
Minority
FinTech
Private Equity
wealth management platform
Acquisition
Friendly
Synopsis
WestCap Group, a growth equity firm, led a $117m Series E round in Addepar, a technology platform for wealth management, with participation from 8VC and Sway Ventures. "Addepar will see continued high growth as investment management firms need even greater speed, clarity, and insight to stay competitive and manage risk. The company's performance during this unprecedented time of volatility shows its ability to deliver unmatched value across market cycles," Laurence A. Tosi, WestCap Founder and Managing Partner.
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