Addepar is a wealth management technology company headquartered in Mountain View, California. Founded in 2009 by Joe Lonsdale, one of the co-founders of Palantir Technologies, Addepar offers a sophisticated software platform specifically designed for investment professionals. The platform aggregates and analyzes financial data to provide asset management solutions for wealth managers, family offices, and institutions. As of 2025, Addepar tracks over $6.5 trillion of assets across more than 1,000 firms globally, reflecting its significant presence in the financial technology sector.
Attribute | Information |
---|---|
Founding Date | 2009 |
Headquarters | Mountain View, California, USA |
Founders | Joe Lonsdale |
Revenue | N/A |
Profits | N/A |
Key Investors | Peter Thiel, Palantir Technologies |
Industry | Financial Technology |
Number of Employees | Approximately 1000 |
Addepar was established in 2009 with the vision of transforming financial sector technology. Joe Lonsdale, leveraging his prior experience with Palantir Technologies, founded Addepar to address the complex needs of wealth management and financial aggregations. The company initially focused on creating software that could facilitate comprehensive asset tracking and analysis, responding to a gap in the market for robust financial analytics solutions. With steady funding from prominent investors, including Peter Thiel, Addepar quickly gained traction, growing its footprint among family offices and leading wealth managers.
Addepar's business model centers around providing a comprehensive software platform for wealth managers, institutions, and financial professionals. It offers a sophisticated blend of portfolio aggregation, reporting, and advanced analytics, tailored to provide detailed insights into financial data.
Addepar operates primarily within the financial technology space, servicing global wealth managers, family offices, and large institutions. It holds a significant market share in the fintech sector due to its cutting-edge software solutions that integrate data aggregation with actionable insights. The company's strategic initiatives, like the new trading platform, aim to streamline processes for its clients, offering ease of report generation and integrated data visualization. Addepar's significant R&D investment underscores its dedication to maintaining a strong competitive advantage and enhancing client engagement through continuous technological innovation.
Addepar stands as a leading innovation-driven company within the financial technology industry. By continuously enhancing its platform capabilities and expanding its global reach, it has solidified its role as a critical player in facilitating data-driven decision-making for wealth management professionals. Moving forward, Addepar is poised to leverage its strong technological foundations and strategic partnerships to further expand its influence across global markets, potentially reshaping the dynamics of fintech-driven wealth management.