Funding round
Addepar Series F
Addepar, which works in investment platform software development in New York, raised $150M in a Series F round announced on 16 Jun 2021, led by D1 Capital Partners, at a $2.17B post-money valuation. 1 firm took part. It is Addepar's seventh venture round on record; the one before was a Series E in Nov 2020.
$150M
Amount raised
$2.17B
Post-money valuation
$2.00B pre-money
1
Investors
1 lead
8.0x
Step-up from the Series C
$272M in May 2014
6.9%
Stake sold
new money over the post-money
Valuation
What this round says about the price
This round priced Addepar at $2.17B after the new money, 8.0 times the $272M of its Series C (May 2014). The $150M bought investors about 6.9% of the company. It came 7 months after Addepar's Series E. It is 20% of the $744M Addepar has raised in the venture rounds on record. Addepar raised again 47 months later: a Series G round of $230M in May 2025, at $3.25B post-money.
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 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 this round 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
D1 Capital Partners led the round.
Lead investor
- D1 Capital Partners new investor
Use of proceeds
What the money is for
According to the announcement, the money goes to hiring, product development, geographic expansion, sales and marketing, scaling operations and working capital.
- Hiring
- Product development
- Geographic expansion
- Sales and marketing
- Scaling operations
- Working capital
Comparable rounds
How it compares
46 Series F rounds in Tech Companies within a year either side disclosed an amount; the median was $165M, and this round was close to the median. The closest in time, other companies' Series F rounds in Tech Companies:
| Company | Announced | Amount | Post-money | Led by |
|---|---|---|---|---|
| Neo4j Tech Companies | 17 Jun 2021 | $325M | $2.00B | Eurazeo |
| Illumio Tech Companies | 24 Jun 2021 | $225M | $2.75B | Thoma Bravo |
| Tech Companies | 1 Jun 2021 | $200M | $2.40B | Blue Owl Capital |
| Forter Tech Companies | 25 May 2021 | $300M | $3.00B | Tiger Global Management |
| Tech Companies | 28 Jul 2021 | $175M | $3.00B | Tiger Global |
| Arctic Wolf Tech Companies | 13 Jul 2021 | $150M | $4.30B | Viking Global and Blue Owl Capital |
| Tech Companies | 27 Jul 2021 | $150M | $2.60B | B Capital |
| ShareChat Tech Companies | 27 Jul 2021 | $145M | $2.88B | Temasek and Moore Strategic Ventures |
Sources
Where this comes from
Reported by 5 sources.
Questions
Frequently asked
How much did Addepar raise in its Series F round?
Addepar raised $150M in its Series F round, announced in Jun 2021.
Who led Addepar's Series F round?
D1 Capital Partners led it.
What was Addepar's valuation at the Series F round?
$2.17B post-money ($2.00B pre-money).
How does it compare with other Series F rounds in Tech Companies?
46 Series F rounds in Tech Companies within a year either side disclosed an amount; the median was $165M, and this round was close to the median.
Did Addepar raise again after this round?
Yes: a Series G round in May 2025 of $230M at $3.25B post-money.