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Altruist valuation, funding and investors

altruist.com ↗LinkedIn ↗

Altruist works in digital wealth management platform development, based in Culver City, United States. Founded in 2018, it has about 327 employees.

Investment Consultants & Financial Advisors Series F
VALUATION · TODAY
$1.40B −42% after Series F
Range $1.11B – $1.99B · Grade A
TODAY
+12 MO
$1.00B
$2.00B
$3.00B
$4.00B
2019
2020
2021
2022
2023
2024
2025
2026
2027
Series A $8.50M
Series D $112M
Series E $169M
Series F $152M
ValuationBefore first round12-month outlook: where it points, how wide it fansHover the past: the outlook shows what was predicted then
HEADCOUNT · TODAY327 employees
−62%6m growth
−59%1y growth
−48%2y growth
500
1,000
Data from Jan 2021
TODAY
Predicted in 1 yr $813M −42% vs today
Predicted next raise $225M if a round comes
Winding-down probability 97%
Last round
Series F · $152M · Apr 2025
Valuation at last round
$1.90B
Headcount
327 · shrinking
Grade
A
Founded
2018
How VCMC values companies →

Altruist valuation today

VCMC values Altruist at $1.4B today, with a range of $1.1B to $2.0B and a grade of A. The valuation starts from its last funding round, a Series F round in Apr 2025.

Valuation by date (111 rows)

Each point is what the model would have shown on that date, using only what was known then; before its first round, a company is valued as a startup because it later raised.

Altruist: valuation by date, as the model would have shown it on each date
DateValuationRangePredicted in 1 yrPhaseHeadcountTrendGradeWinding-down probability
1 Jan 2018$11.5M$4.18M – $31.5M$15.7M (+37%)before first round–unknownD0%
1 Feb 2018$11.8M$4.29M – $32.4M$16.2M (+37%)before first round–unknownD0%
1 Mar 2018$12.1M$4.40M – $33.2M$16.6M (+37%)before first round–unknownD0%
1 Apr 2018$12.4M$4.52M – $34.1M$17.0M (+37%)before first round–unknownD0%
1 May 2018$12.7M$4.64M – $35.0M$17.5M (+37%)before first round–unknownD0%
1 Jun 2018$13.1M$4.76M – $35.9M$17.9M (+37%)before first round–unknownD0%
1 Jul 2018$13.4M$4.89M – $36.9M$18.4M (+37%)before first round–unknownD0%
1 Aug 2018$13.8M$5.02M – $37.9M$18.6M (+35%)before first round–unknownD0%
1 Sep 2018$14.2M$5.15M – $38.9M$18.8M (+32%)before first round–unknownD0%
1 Oct 2018$14.5M$5.29M – $39.9M$18.9M (+30%)before first round–unknownD0%
1 Nov 2018$14.9M$5.43M – $41.0M$19.1M (+28%)before first round–unknownD0%
1 Dec 2018$15.3M$5.58M – $42.1M$19.3M (+26%)before first round–unknownD0%
1 Jan 2019$15.7M$5.73M – $43.2M$19.4M (+24%)before first round–unknownD0%
1 Feb 2019$16.2M$5.88M – $44.4M$19.6M (+21%)before first round–unknownD0%
1 Mar 2019$16.6M$6.03M – $45.5M$19.8M (+19%)before first round–unknownD0%
1 Apr 2019$17.0M$6.19M – $46.7M$20.0M (+17%)before first round–unknownD0%
1 May 2019$17.5M$6.35M – $47.9M$20.1M (+15%)before first round–unknownD0%
1 Jun 2019$17.9M$6.53M – $49.3M$20.3M (+13%)before first round–unknownD0%
1 Jul 2019$18.4M$6.70M – $50.5M$20.5M (+11%)before first round–unknownD0%
1 Aug 2019$18.6M$6.77M – $51.1M$20.7M (+11%)before first round–unknownD0%
1 Sep 2019$18.8M$6.83M – $51.5M$20.9M (+11%)before first round–unknownD0%
1 Oct 2019$18.9M$6.89M – $52.0M$21.1M (+11%)before first round–unknownD0%
1 Nov 2019$19.1M$6.95M – $52.5M$21.3M (+11%)before first round–unknownD0%
26 Nov 2019$47.3M$31.0M – $129M$85.0M (+80%)after a round–unknownC0%
1 Dec 2019$47.7M$31.0M – $129M$85.0M (+78%)after a round–unknownC0%
1 Jan 2020$50.1M$31.0M – $129M$85.0M (+70%)after a round–unknownC0%
1 Feb 2020$52.7M$31.0M – $129M$85.0M (+61%)after a round–unknownC0%
1 Mar 2020$55.2M$31.0M – $129M$85.0M (+54%)after a round–unknownC0%
1 Apr 2020$58.0M$31.0M – $129M$85.0M (+46%)after a round–unknownC0%
1 May 2020$60.9M$31.0M – $129M$85.0M (+40%)after a round–unknownC0%
1 Jun 2020$64.0M$31.0M – $129M$85.0M (+33%)after a round–unknownC0%
1 Jul 2020$67.2M$31.0M – $129M$85.0M (+27%)after a round–unknownC0%
1 Aug 2020$70.6M$31.0M – $129M$85.0M (+20%)after a round–unknownC0%
1 Sep 2020$74.2M$31.0M – $129M$85.0M (+15%)after a round–unknownC0%
1 Oct 2020$77.9M$31.0M – $129M$85.0M (+9%)after a round–unknownC0%
1 Nov 2020$81.9M$31.0M – $129M$85.0M (+4%)after a round–unknownC0%
1 Dec 2020$85.0M$30.7M – $129M$85.0M (0%)after a round–unknownC0%
1 Jan 2021$85.0M$29.2M – $129M$85.0M (0%)after a round44unknownC0%
1 Feb 2021$85.0M$27.7M – $129M$85.0M (0%)after a round44unknownC0%
1 Mar 2021$85.0M$26.5M – $129M$85.0M (0%)after a round44unknownC0%
1 Apr 2021$85.0M$25.2M – $129M$85.0M (0%)after a round44flatC0%
1 May 2021$85.0M$23.9M – $129M$85.0M (0%)after a round44flatC0%
1 Jun 2021$85.0M$22.8M – $129M$85.0M (0%)after a round44flatC0%
1 Jul 2021$85.0M$21.7M – $129M$85.0M (0%)after a round44flatC0%
1 Aug 2021$85.0M$20.6M – $129M$85.0M (0%)after a round44flatC0%
1 Sep 2021$85.0M$19.6M – $129M$85.0M (0%)after a round44flatC0%
1 Oct 2021$85.0M$18.6M – $129M$85.0M (0%)after a round44flatC0%
1 Nov 2021$85.0M$17.7M – $129M$85.0M (0%)after a round44flatC0%
1 Dec 2021$85.0M$16.8M – $129M$84.8M (0%)after a round44flatD0%
1 Jan 2022$85.0M$16.0M – $129M$84.1M (-1%)after a round44flatD0%
1 Feb 2022$85.0M$31.8M – $129M$85.0M (0%)after a round220growingC0%
1 Mar 2022$85.0M$31.9M – $129M$85.0M (0%)after a round220growingC0%
1 Apr 2022$85.0M$31.9M – $129M$85.0M (0%)after a round220growingC0%
1 May 2022$85.0M$32.0M – $129M$85.0M (0%)after a round220growingC0%
1 Jun 2022$85.0M$32.0M – $129M$85.0M (0%)after a round220growingC0%
1 Jul 2022$85.0M$32.1M – $129M$85.0M (0%)after a round220growingC0%
1 Aug 2022$85.0M$32.1M – $129M$85.0M (0%)after a round220growingC0%
1 Sep 2022$85.0M$32.2M – $129M$85.0M (0%)after a round220growingC0%
1 Oct 2022$85.0M$32.2M – $129M$85.0M (0%)after a round220growingC0%
1 Nov 2022$85.0M$9.72M – $129M$85.0M (0%)after a round220unknownD0%
1 Dec 2022$85.0M$9.25M – $129M$85.0M (0%)after a round220unknownD0%
1 Jan 2023$85.0M$28.0M – $129M$85.0M (0%)after a round390growingC0%
1 Feb 2023$85.0M$27.5M – $129M$85.0M (0%)after a round390growingC0%
1 Mar 2023$85.0M$27.0M – $129M$85.0M (0%)after a round390growingC0%
1 Apr 2023$85.0M$26.5M – $129M$85.0M (0%)after a round390growingC0%
14 Apr 2023$1.4B$920M – $2.8B$1.8B (+30%)after a round390growingB0%
1 May 2023$1.4B$920M – $2.8B$1.8B (+28%)after a round390growingB0%
1 Jun 2023$1.5B$920M – $2.8B$1.8B (+26%)after a round390growingB0%
1 Jul 2023$1.5B$920M – $2.8B$1.8B (+23%)after a round390growingB0%
1 Aug 2023$1.5B$920M – $2.8B$1.8B (+20%)after a round390growingB0%
1 Sep 2023$1.5B$920M – $2.8B$1.8B (+17%)after a round390unknownB0%
1 Oct 2023$1.6B$967M – $2.9B$1.9B (+18%)after a round490upB0%
1 Nov 2023$1.7B$967M – $2.9B$1.9B (+15%)after a round490upB0%
1 Dec 2023$1.7B$967M – $2.9B$1.9B (+12%)after a round490upB0%
1 Jan 2024$1.8B$967M – $2.9B$1.9B (+9%)after a round490upB0%
1 Feb 2024$1.8B$992M – $3.0B$2.0B (+7%)after a round550growingB0%
1 Mar 2024$1.9B$1.0B – $3.0B$2.0B (+4%)after a round570growingB0%
1 Apr 2024$2.0B$1.0B – $3.0B$2.0B (+1%)after a round570growingB0%
1 May 2024$2.0B$1.0B – $3.0B$2.0B (0%)after a round570growingB0%
3 May 2024$1.5B$1.3B – $2.2B$2.0B (+30%)after a round570growingA0%
1 Jun 2024$1.5B$1.3B – $2.2B$2.0B (+27%)after a round570growingA0%
1 Jul 2024$1.6B$1.3B – $2.2B$2.0B (+25%)after a round570growingA0%
1 Aug 2024$1.6B$1.3B – $2.3B$2.0B (+24%)after a round630upA0%
1 Sep 2024$1.6B$1.3B – $2.3B$2.0B (+21%)after a round630upA0%
1 Oct 2024$1.7B$1.3B – $2.3B$2.0B (+18%)after a round630upA0%
1 Nov 2024$1.8B$1.3B – $2.4B$2.1B (+18%)after a round760growingB0%
1 Dec 2024$1.8B$1.3B – $2.4B$2.1B (+15%)after a round760growingB0%
1 Jan 2025$1.9B$1.3B – $2.4B$2.1B (+11%)after a round760growingB0%
1 Feb 2025$1.9B$1.3B – $2.4B$2.1B (+8%)after a round760growingB0%
1 Mar 2025$2.0B$1.3B – $2.4B$2.1B (+6%)after a round760growingB0%
1 Apr 2025$2.0B$1.3B – $2.4B$2.1B (+3%)after a round760growingB0%
23 Apr 2025$1.9B$1.7B – $2.8B$2.5B (+30%)after a round760growingA0%
1 May 2025$1.9B$1.7B – $2.8B$2.5B (+29%)after a round760growingA0%
1 Jun 2025$2.0B$1.7B – $2.8B$2.5B (+26%)after a round760growingA0%
1 Jul 2025$2.0B$1.7B – $2.8B$2.5B (+24%)after a round775growingA0%
1 Aug 2025$2.0B$1.7B – $2.9B$2.5B (+21%)after a round793growingA0%
1 Sep 2025$2.1B$1.7B – $2.9B$2.5B (+19%)after a round793growingA0%
1 Oct 2025$2.1B$1.7B – $2.9B$2.5B (+16%)after a round793upA0%
1 Nov 2025$2.2B$1.7B – $2.9B$2.5B (+14%)after a round840upA0%
1 Dec 2025$2.3B$1.7B – $2.9B$2.5B (+12%)after a round840upA0%
1 Jan 2026$2.3B$1.7B – $2.9B$2.5B (+9%)after a round840upA0%
1 Feb 2026$2.4B$1.7B – $2.9B$2.5B (+6%)after a round851growingA0%
1 Mar 2026$2.4B$1.7B – $2.9B$2.5B (+4%)after a round851upA0%
1 Apr 2026$2.5B$1.7B – $2.9B$2.5B (+2%)after a round851upA0%
1 May 2026$2.6B$1.6B – $2.9B$2.6B (0%)after a round897upA0%
1 Jun 2026$2.6B$1.6B – $2.9B$2.6B (0%)after a round897upA0%
1 Jul 2026$2.6B$1.6B – $2.9B$2.6B (0%)after a round908upA0%
1 Aug 2026$2.6B$1.6B – $2.9B$2.6B (0%)after a round908upB0%
1 Sep 2026$2.6B$1.6B – $2.9B$2.6B (0%)after a round908upB0%
1 Oct 2026$1.5B$1.2B – $2.0B$836M (-43%)after a round327shrinkingA97%
24 Oct 2026$1.4B$1.1B – $2.0B$813M (-42%)after a round327shrinkingA97%

Key facts about Altruist

Founded
2018
Headquarters
Culver City, United States
Employees
about 327 -59% in a year
Total raised
$442M
Funding rounds
4
Last round
Series F Apr 2025

Altruist was founded in 2018 by Jason Wenk.

Altruist funding history

Altruist has 4 funding rounds on record, from Nov 2019 to Apr 2025, $442M in total. The latest disclosed valuation is $1.90B post-money (Series F, Apr 2025).

  1. Series F 22 Apr 2025

    Led by GIC; with Salesforce Ventures, Geodesic Capital, Baillie Gifford, Carson Private Capital, ICONIQ Growth.

    Sources: finsmes.com, gic.com.sg, wealthmanagement.com and 3 more

    $152M

    $1.90B post-money

  2. Series E 2 May 2024

    Led by ICONIQ Growth; with Granite Capital Management, Adams Street Partners, Sound Ventures.

    Sources: finsmes.com, altruist.com, citybiz.co and 1 more

    $169M

    $1.50B post-money

  3. Series D 13 Apr 2023

    Led by Insight Partners, Adams Street Partners.

    Sources: finsmes.com, altruist.com, fintechfutures.com

    $112M

  4. Series A 25 Nov 2019

    Led by Venrock.

    Sources: finsmes.com, prnewswire.com

    $8.5M

Altruist investors

11 investors have backed Altruist; Adams Street Partners, ICONIQ Growth and GIC and 2 more led at least one round.

What Altruist does

Altruist works in investment consultants & financial advisors, with 15 recorded offerings and customers in financial services.

Altruist Corp is an American financial services company that operates a digital platform for wealth management, providing account opening, trading, portfolio management, billing, and reporting. The company also offers a model marketplace for professionally managed investment models and automated portfolio management tools, including rebalancing and tax-loss harvesting. Altruist serves independent advisors, including breakaway advisors, established RIAs, and enterprise RIAs, and is regulated by the SEC, FINRA, and OCC. The company is a member of SIPC and provides FDIC insurance on individual, trust, and business cash accounts.

Description from Veridion's company data.

Products and services

  • Digital Wealth Management Platform Development
  • Advisor Account Opening Services
  • Investment Trading Services
  • Portfolio Management Services
  • Automated Portfolio Management Tools Development
  • Model Marketplace Product Distribution
  • High-Yield Cash Account Services
  • Client Reporting and Analytics Services
  • Advisor Billing and Invoicing Services
  • Personalized Financial Advice Delivery
  • Advisor Client Communication Enhancement
  • Third-Party System Integration Services
  • Regulatory Compliance Support Services
  • Advisor Growth and Scaling Solutions
  • Financial Technology Development

Markets

  • Financial Services

Technology

  • AI-Powered Personalized Advice
  • Real-Time Custodial Data Integration
  • AI-Powered Tax-Loss Harvesting
  • Automated Portfolio Rebalancing
  • AI-Powered Fixed-Income Trading

Business model

  • Business-to-Business
  • Service Provider
  • Software-as-a-Service

Industry codes (NAICS)

  • 523940 Portfolio Management and Investment Advice 60% match
  • 541511 Custom Computer Programming Services 40% match

Questions about Altruist

What is Altruist worth?

Valuation $1.4B (range $1.1B to $2.0B), as of 24 Oct 2026. The last disclosed valuation was $1.90B (Series F, Apr 2025).

Has Altruist raised money?

Altruist has 4 funding rounds on record, from Nov 2019 to Apr 2025, $442M in total. The latest disclosed valuation is $1.90B post-money (Series F, Apr 2025).

Who has invested in Altruist?

Adams Street Partners, ICONIQ Growth, GIC, Insight Partners, Venrock and Baillie Gifford, and 5 more. Lead investors include Adams Street Partners, ICONIQ Growth, GIC and Insight Partners.

How many people work at Altruist?

About 327, down 59% over the last year. Headcount rose from 44 in Jan 2021 to 908 in Jun 2026, then fell to 327 in Sep 2026.

What does Altruist do?

Altruist works in investment consultants & financial advisors, with 15 recorded offerings and customers in financial services. Its main offerings are digital wealth management platform development, advisor account opening services and investment trading services.

When was Altruist founded, and where is it based?

Altruist was founded in 2018 and is based in Culver City, United States. It has about 327 employees, down 59% over the last year.

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