Addepar Valued at $2.17 Billion as Investors Bet on Wealth-Management Tech.Jun 15, 2021
How does Addepar make money?
Addepar has one revenue stream: the fee it charges for analysis services on its platform. The fee is based on how much data is being reviewed in a given period; it typically starts at $50,000 but can rise as high as $1 million, depending on the investment and money variables involved.
What kind of company is Addepar?
Type Private
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Industry Financial technology
Founded September 2009
Founders Joe Lonsdale (Executive Chairman of the Board) Jason Mirra
When was Addepar founded?
September 2009
Is Addepar a Fintech?
In 2020, Addepar was named as a Forbes Fintech 50 for the 5th consecutive year and in 2018 received Morgan Stanley's Fintech Award for making a significant impact on the firm's mission of continuous innovation. Addepar is headquartered in Silicon Valley and has offices in New York City and Salt Lake City.
Is Addepar a startup?
Addepar, a startup which provides wealth managers with software, raised $150 million in June. The company is now planning to expand outside the US and is hiring for 100 new roles.Jul 26, 2021
Is Addepar cloud based?
Addepar is a cloud-based wealth management platform that provides investment management advisors with tools for managing complex portfolios. The company provides customizable reporting solutions that enable financial managers to visualize and communicate relevant information to anyone who needs it.
Is Addepar a good company?
Overall, employees at Addepar are pleased with their team. ... Overall, the 34 Addepar employees give their leadership a grade of A, or Top 10% of similar size companies on Comparably. This includes specific ratings of their executive team, CEO, and manager.