Financial operating system Addepar has picked up $140m in its Series D round.
This round was co-led by Valor Equity Partners, 8VC, and QuantRes founder Harald McPike.
The New York-based company, founded in 2009, brings financial data from across the world into one place, giving asset owners and advisors an up-to-date image of the financial world.
With this round, the company will continue with R&D, expanding its product, platform and technology services, while expanding its wealth and asset management firm’s customers.
Addepar co-founder Joe Lonsdale said, “Addepar is now poised to become the universal operating system to power global finance.
“It has already connected much of the financial services ecosystem as the leading platform for the highest calibre of asset owners and advisors, capturing and aggregating data from numerous sources and helping to apply it in the most intuitive and impactful ways.”
The firm raised $50m in its previous funding round, which Valour Equity also took part in, and its Series B pulled in $15.5m.
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Copyright © 2018 RegTech Analyst
