Alt Investment Platform iCapital Raises $820M At $7.5B Valuation With An Eye Toward Acquisitions
iCapital, a fintech platform for alternative investments and investors, has raised more than $820 million in a funding round that takes its valuation to over $7.5 billion, the company announced on Thursday.
That’s up from the just over $6 billion it was valued at in 2021 after raising $50 million in a round led by WestCap. Founded in 2013, New York-based iCapital has raised over $1.5 billion in total funding to date, per Crunchbase data.
SurgoCap Partners and accounts advised by T. Rowe Price As...
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