When was Altruist founded?

Altruist was founded in 2018 and became a unicorn in 2024, reaching the milestone in 6 years. It raised its 1st funding round 1 year after its incorporation.

Where is Altruist located?

Altruist is headquartered in Culver City, United States. It is registered at Venice, California.

Who is the current CEO of Altruist?

Jason Wenk of Altruist. They have also founded 1 company and are angel investors in 3 startups.

How many employees does Altruist have?

As of Apr 30, 2026, the latest employee count at Altruist is 897.

Is Altruist a funded company?

Altruist is a funded company, having raised a total of $602M across 7 funding rounds to date. The company's 1st funding round was a $8.5M Series A round, raised on Nov 25, 2019.

How much is Altruist worth?

The latest valuation of Altruist is $1.9B as of Apr 22, 2025.

When was the latest funding round of Altruist?

Altruist's latest funding was a $152M Series F round on Apr 22, 2025, with participation from 6 investors. Its primary sector is Investment Tech. In United States, the Investment Tech sector has seen $3.49B in funding in 2026 to date.

Is Altruist a Investment Tech company?

The primary sector of Altruist is Investment Tech.

Where does Altruist rank among its competitors?

Altruist ranks 7th amongst 687 active competitors, of which 104 are funded. It stands 3rd in terms of total funding among its competitors. The most recent competitor to raise funding was FNZ, which secured $650M in Nov, 2025.

Who are the top competitors of Altruist?

Altruist's top competitors include Addepar, KFin Technologies and FNZ. Among them, FNZ secured the most recent funding round in November, 2025.

Altruist - 2026 Company Profile, Team, Funding & Competitors

Altruist is a series F company based in Culver City (United States), founded in 2018 by Jason Wenk. It operates as a Portfolio management software for financial advisors. Altruist has raised $602M in funding from investors like Insight Partners, Venrock and Adams Street Partners, with a current valuation of $1.9B. The company has 687 active competitors, including 104 funded and 104 that have exited. Its top competitors include companies like Addepar, KFin Technologies and FNZ.

Sectors and market segments that Altruist operate in

Altruist serves in the FinTech market segments.The primary business model of Altruist is:

FinTech > Investment Tech > ***** **** > ***** ******

Company Details

Portfolio management software for financial advisors. It features AI-based tools for research, problem identification, and workflow management. It offers an integrated digital brokerage platform. It helps in goal-based saving, tax management, expense management, and more.

Website: altruist.com
Social
Email ID: *****@altruist.com
Registered Address: Venice, California

Key Metrics

Founded Year

2018

Location

Culver City, United States

Stage

Series F

Total Funding

$602M in 7 rounds

Latest Funding Round

Series F, Apr 22, 2025, $152M

Post Money Valuation

$1.9B as on Apr 22, 2025

Investors

Insight Partners & 17 more

Ranked

7^th among 687 active competitors

Employee Count

897 as on Apr 30, 2026

Investment & Acquisitions

Shareholders Service Group & 1 more

Similar Companies

Addepar & 748 more

View Altruist's full profile

Altruist is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
ALTRUIST CORP CIN: 831886435 , United States, Active	Dec 26, 999	-	375 (As on Dec 31, 2024)	-

Altruist has raised a total funding of $602M over 7 rounds. Its first funding round was on Nov 25, 2019. Its latest funding round was a Series F round on Apr 22, 2025 for $152M. 6 investors participated in its latest round. Altruist has 15 institutional investors and 3 angel investors.

Here is the list of recent funding rounds of Altruist:

Filter this list

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Apr 22, 2025	$152M	Series F	$1.9B	-	GIC	Salesforce Ventures, Geodesic Capital, Baillie Gifford, Iconiq Capital, Carson Family Office
May 02, 2024	$169M	Series E	$1.5B	-	ICONIQ Growth	Granite Capital Management, Adams Street Partners, Sound Ventures
Apr 12, 2023	$112M	Series D	-	-	Insight Partners, Adams Street Partners	Bill McNabb, Ron Carson, Marty Bicknell

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View details of Altruist's funding rounds and investors

The founders of Altruist is Jason Wenk. Jason Wenk is the CEO of Altruist.

Here are the details of Altruist's key team members:

Jason Wenk: Founder / CEO of Altruist. They are also an angel investor in 3 startups.

View details of Altruist's Founder profiles and Board Members

Altruist's employee count trend

Altruist has 897 employees as of Apr 26. Here is Altruist's employee count trend over the years:

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Top competitors of Altruist include Addepar, KFin Technologies and FNZ. Here is the list of Top 10 competitors of Altruist, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Addepar 2009, Mountain View (United States), Series G	Wealth management solutions for advisors	$759M	WestCap, Valor Equity Partners & 57 others	78/100
2nd	KFin Technologies 2017, Hyderabad (India), Public	App-based platform for investments in mutual funds	$42.1M	Compar Estates and Agencies, Kotak Mahindra Bank ... & 11 others	75/100
3rd	FNZ 2003, London (United Kingdom), Acquired	Provider of wealth management platforms for financial institutions and advisors	$2.55B	Temasek, General Atlantic & 13 others	74/100
4th	Broadridge 2007, United States, Public	Provider of tech solution for financial service and customer communication	-	Back Bay Group, Zühlke & 3 others	72/100
5th	SEI 1968, Oaks (United States), Public	Wealth and investment management solutions for institutional investors	-	UBS, Capitala Group	72/100
6th	AdvisorEngine 2014, New York City (United States), Acquired	Wealth management software platform empowering financial advisors with technology and services	$60.1M	WisdomTree, Kirenaga Partners	71/100
7th	Altruist 2018, Culver City (United States), Series F	Portfolio management software for financial advisors	$602M	Adams Street Partners, GIC & 16 others	70/100
8th	Avaloq 1985, Zurich (Switzerland), Acquired	Cloud-based solutions for financial institutions	$301M	BlackRock, Warburg Pincus & 2 others	70/100
9th	Centricity 2022, Gurugram (India), Seed	Digital private wealth management platform for individuals	$24M	Burman Family, Play Holdings & 34 others	68/100
10th	ZILO 2020, London (United Kingdom), Series A	Software-enabled transfer agency system	$58.7M	Portage, Fidelity International Strategic Ventures ... & 4 others	65/100