Altruist Raises $152M Series F Led by GIC to Accelerate Innovation for Growth-Oriented RIAs

Altruist Raises $152M Series F Led by GIC to Accelerate Innovation for Growth-Oriented RIAs

LOS ANGELES--(BUSINESS WIRE)--Apr 22, 2025-

Singapore's GIC leads $152M Series F in U.S. custodian Altruist

Altruist, a US-based custodian for registered investment advisors (RIAs), announced Tuesday that it has raised $152 million in Series F funding led by GIC, a Singapore-based institutional investor. Salesforce Ventures, Geodesic Capital, Baillie Gifford, Carson Family Office, ICONIQ Growth, and a select group of additional partners also participated, Altruist said in a statement. The round values the company at approximately $1.9 billion. “Altrui…

WealthTech custodian Altruist secures $152m Series F to scale RIA platform

Altruist, a modern WealthTech company serving independent registered investment advisors (RIAs), has raised $152m in a Series F funding round.

Altruist secures $152m in Series F round at nearly $1.9bn valuation

RIA custodian Altruist has raised $152m in a Series F financing round, led by Singapore’s sovereign wealth fund GIC. The company will use the capital to speed up “innovation” for growth focused RIAs. This funding round also saw participation from Salesforce Ventures, Geodesic Capital, Baillie Gifford, Carson Family Office, ICONIQ Growth, and a select group of additional partners, valuing Altruist at around $1.9bn. It follows a significant year f…

GIC Leads US$152 Million Series F in U.S. Custodian Altruist - Fintech Singapore

Altruist, a US-based custodian platform for registered investment advisors (RIAs), has raised US$152 million in a Series F funding round led by Singapore’s sovereign wealth fund GIC. The latest round values the company at approximately US$1.9 billion. Other investors include Salesforce Ventures, Geodesic Capital, Baillie Gifford, Carson Family Office, ICONIQ Growth, and select additional backers. The funding comes on the heels of what the compan…

Altruist Raises $152M in Series F

Altruist, a Los Angeles, CA-based modern custodian for RIAs, raised $152m in Series F funding. The round, which valued the company at approximately $1.9 billion, was led by GIC with participation from Salesforce Ventures, Geodesic Capital, Baillie Gifford, Carson Family Office, ICONIQ Growth, and a select group of additional partners. Led by CEO Jason Wenk, […] The post Altruist Raises $152M in Series F appeared first on FinSMEs.