Addepar expands series E to $117m

Nov 19, 2020 • Robert Lavine

The CreditEase-backed, data-focused wealth manager has now raised a total of about $325m, with WestCap's Strategic Operator Fund leading its latest round.

Addepar, a US-based wealth management product developer that counts online lender CreditEase as an investor, completed a $117m series E round yesterday led by growth equity firm WestCap Group.

WestCap provided $40m for the round through its Strategic Operator Fund in March this year, and was joined in the round by 8VC and Sway Ventures. The company said the deal boosted its overall funding to about $325m.

Founded in 2009 by 8VC co-founder Joe Lonsdale, Addepar has created an online…

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Robert Lavine

Robert Lavine is special features editor for Global Venturing.

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