Adeppar’s $150 Million Series F Financing Round

Gunderson Dettmer Stough Villeneuve Franklin & Hachigian, LLP advised Addepar on the deal.

Addepar, a leading technology platform for wealth management, announced it has raised $150 million from D1 Capital Partners at a pre-money valuation of $2 billion as part of its Series F financing. The funding will be used to further accelerate the company’s rapid growth, fueling expansion of the business and workforce into new geographies and driving continued development of Addepar’s category defining platform.

Addepar was founded by Joe Lonsdale in 2009 in the wake of the financial crisis to meaningfully improve how finance works and enable more efficient capital allocation. The company has paired an elite technology culture and platform-based approach with a client-centric mindset, positioning it to become a critical and impactful part of the global financial infrastructure.

The deal team was led by Lou Soto (Picture) and included Paul Sullivan, Damon Zhangchai, Phuong K. Quinby and Joseph McGinley. 

 

 

 

 

 

 

 

 

 

Involved fees earner: Joseph McGinley – Gunderson Dettmer Stough Villeneuve Franklin & Hachigian; Lou Soto – Gunderson Dettmer Stough Villeneuve Franklin & Hachigian; Paul Sullivan – Gunderson Dettmer Stough Villeneuve Franklin & Hachigian; Damon Zhangchai – Gunderson Dettmer Stough Villeneuve Franklin & Hachigian;

Law Firms: Gunderson Dettmer Stough Villeneuve Franklin & Hachigian;

Clients: Addep;

Author: Martina Bellini