Funding round
Alpaca Series A
Alpaca, which works in brokerage infrastructure API development in San Mateo, raised $3.0M in a Series A round announced on 24 Oct 2018. 2 firms took part. It is Alpaca's first venture round on record.
$3.0M
Amount raised
Not disclosed
Post-money valuation
2
Investors
no lead named
Valuation
What this round says about the price
Alpaca did not disclose a valuation in this round. It is Alpaca's first venture round on record, 3 years after it was founded in 2015. It is under 1% of the $390M Alpaca has raised in the venture rounds on record. Alpaca raised again 34 months later: a Series B round of $50M in Aug 2021. Its next priced round, a Series D in Jan 2026, valued it at $1.15B.
Alpaca's funding rounds
Alpaca has 5 venture rounds on record and 1 other deal. This one is highlighted.
- Series A this round 24 Oct 2018 $3.0M
- Series B 30 Aug 2021, led by Tribe Capital $50M
- Series C 23 Apr 2025, led by Deraya Financial, 850 Management and National Investments Company (NIC) $52M
- Debt not a venture round 14 Jan 2026 $40M
- Series D 14 Jan 2026, led by Drive Capital $150M$1.15B post-money
- Growth 16 Jul 2026, led by Peak XV $135M
Investors
Who put money in
2 firms took part; no lead investor was named.
Investors
- backs 116 venture-backed companies new investor
- backs 41 venture-backed companies new investor
Comparable rounds
How it compares
8 Series A rounds in Financial Services within a year either side disclosed an amount; the median was $12M, and this round was 25% of the median. The closest in time, other companies' Series A rounds in Financial Services:
| Company | Announced | Amount | Post-money | Led by |
|---|---|---|---|---|
| Neo Financial Financial Services | 3 May 2018 | $22M | not disclosed | Propel Venture Partners and Monashees |
| Financial Services | 15 May 2019 | $8.0M | not disclosed | Portage Ventures |
| Ualá Financial Services | 6 Feb 2018 | $10M | not disclosed | Soros Fund Management LLC |
| Petal Financial Services | 10 Jan 2018 | $13M | not disclosed | Valar Ventures |
| Trade Republic Financial Services | 1 Jul 2019 | $11M | not disclosed | Creandum |
| Financial Services | 16 Sep 2019 | $200M | not disclosed | Oaktree Capital |
| Financial Services | 31 Oct 2019 | $15M | not disclosed | Molten Ventures |
| Financial Services | 16 Oct 2017 | $6.0M | not disclosed | Mouro Capital |
Sources
Where this comes from
Reported by 1 source.
Questions
Frequently asked
How much did Alpaca raise in its Series A round?
Alpaca raised $3.0M in its Series A round, announced in Oct 2018.
Which investors took part in Alpaca's Series A round?
Global Brain and Archetype.
What was Alpaca's valuation at the Series A round?
It was not disclosed.
How does it compare with other Series A rounds in Financial Services?
8 Series A rounds in Financial Services within a year either side disclosed an amount; the median was $12M, and this round was 25% of the median.
Did Alpaca raise again after this round?
Yes: a Series B round in Aug 2021 of $50M.