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Home > News & Insights > Addepar raises $140 million so more of the ultra rich can know exactly what they’re doing with their money

Addepar raises $140 million so more of the ultra rich can know exactly what they’re doing with their money

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By Jonathan Shieber

 

Addepar, the provider of data collection and monitoring services for the financial industry (it’s Palantir’s somewhat less ethically compromised cousin), has raised a whopping $140 million in its latest round of funding.

The company’s financing, which likely makes it a unicorn if it wasn’t already (company chief executive Eric Poirier refused to comment on the valuation), will be used to continue Addepar’s expansion internationally and to fuel more moves like its acquisition of AltX earlier this month.

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