Funding round
Addepar Series D
Addepar, which works in investment platform software development in New York, raised $140M in a Series D round announced on 8 Jun 2017, led by Valor, 8VC and Harald McPike. 3 firms took part. It is Addepar's fourth venture round on record; the one before was a Series C in May 2014.
$140M
Amount raised
Not disclosed
Post-money valuation
3
Investors
3 leads
Valuation
What this round says about the price
Addepar did not disclose a valuation in this round; its last disclosed one was $272M at the Series C (May 2014). It came 37 months after Addepar's Series C. It is 19% of the $744M Addepar has raised in the venture rounds on record. Addepar raised again 33 months later: a Growth round of $40M in Mar 2020. Its next priced round, a Series F in Jun 2021, valued it at $2.17B.
Addepar's funding rounds
Addepar has 8 venture rounds on record. This one is highlighted.
- Series A 1 Apr 2010, led by Streamlined Ventures $1.1M
- Series B 1 Jun 2011 $16M
- Series C 13 May 2014, led by Valor and Craft Ventures $50M$272M post-money
- Series D this round 8 Jun 2017, led by Valor, 8VC and Harald McPike $140M
- Growth 19 Mar 2020, led by WestCap $40M
- Series E 18 Nov 2020, led by WestCap $117M
- Series F 16 Jun 2021, led by D1 Capital Partners $150M$2.17B post-money
- Series G 13 May 2025, led by Vitruvian Partners and WestCap $230M$3.25B post-money
Investors
Who put money in
Valor, 8VC and Harald McPike led the round.
Lead investors
- Valor backs 143 venture-backed companies new investor
- 8VC new investor
- Harald McPike new investor
Joined the board: Antonio Gracias (Valor Equity Partners).
Use of proceeds
What the money is for
According to the announcement, the money goes to product development, geographic expansion, sales and marketing, scaling operations and working capital.
- Product development
- Geographic expansion
- Sales and marketing
- Scaling operations
- Working capital
Comparable rounds
How it compares
67 Series D rounds in Tech Companies within a year either side disclosed an amount; the median was $45M, and this round was 3.1 times the median. The closest in time, other companies' Series D rounds in Tech Companies:
| Company | Announced | Amount | Post-money | Led by |
|---|---|---|---|---|
| Illumio Tech Companies | 7 Jun 2017 | $125M | not disclosed | J.P. Morgan Asset Management |
| Tech Companies | 21 Jun 2017 | $100M | not disclosed | SoftBank |
| Tech Companies | 13 Jun 2017 | $12M | not disclosed | Tola Capital |
| Tech Companies | 30 May 2017 | $24M | not disclosed | not named |
| Tech Companies | 1 May 2017 | $20M | not disclosed | Singtel Innov8 and SAP National Security Services |
| Tech Companies | 24 May 2017 | $17M | not disclosed | Enern and Target Global |
| Tech Companies | 19 Jul 2017 | $8.0M | not disclosed | Iron Gate Capital |
| Toutiao Tech Companies | 7 Apr 2017 | $1.00B | $11.00B | not named |
Sources
Where this comes from
Reported by 6 sources.
Questions
Frequently asked
How much did Addepar raise in its Series D round?
Addepar raised $140M in its Series D round, announced in Jun 2017.
Who led Addepar's Series D round?
Valor, 8VC and Harald McPike led it.
What was Addepar's valuation at the Series D round?
It was not disclosed; its last disclosed one was $272M at the Series C (May 2014).
How does it compare with other Series D rounds in Tech Companies?
67 Series D rounds in Tech Companies within a year either side disclosed an amount; the median was $45M, and this round was 3.1 times the median.
Did Addepar raise again after this round?
Yes: a Growth round in Mar 2020 of $40M.