Finance data platform Addepar analyses $50m series C

May 14, 2014 • Gemma Jamieson

Addepar has now raised over $65m, after investment by Korea Telecom and LS-backed Formation 8.

US-based financial technology platform Addepar has raised $50m in series C funding in a round featuring corporate-backed venture capital firm Formation 8.

The round was co-led by former Paypal chief operating officer and Yammer founder David O Sacks and private equity firm Valor Equity Partners. Additional participants included hedge fund manager Stanley Druckenmiller, property investor Harrison LeFrak and additional angel investors.

Founded in 2009, Addepar analyses all financial data and presents it in one place, making it easier for wealth…

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