MilestoneAltruist·April 22, 2025
Altruist Raises $152M Series F Led by GIC, Valued at $1.9B to Expand RIA Custodian Platform
1.9B
Post-round company valuation in USD
Key figure from this development
AI Summary
- →Additional participants include Salesforce Ventures, Geodesic Capital, Baillie Gifford, Carson Family Office, and ICONIQ Growth.
- →25% per the 2025 T3 Software Survey.
- →In 2024, Altruist launched new products including a high-yield cash account, automated tax management tools, and a digital fixed-income trading experience, achieving triple-digit growth in revenue, brokerage accounts, and advisors served.
- →The funding will support continued innovation, enterprise market expansion, and third-party trading integration enhancements.
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Source
Business Wire↗USria independentadvisor productivitycustodian technologyria infrastructureventure fundingplatform expansion