iCapital Network

company

About

iCapital Network is a fintech platform for alternative investments and investors.

  • 501 - 1000

Details

Last Funding Type
Series Unknown
Last Funding Money Raised
$50M
Industries
Asset Management,Banking,Financial Services,FinTech
Founded date
Jan 1, 2013
Number Of Employee
501 - 1000
Operating Status
Active

iCapital Network is a fintech platform for alternative investments and investors. It has transformed the way the wealth management, banking, and asset management industries facilitate access to private markets investments for their high-net-worth clients by providing intuitive, end-to-end technology and service solutions. Wealth management firms use iCapital’s solutions to provide clients with quality funds at lower minimums and simplified digital workflows. Asset managers, RIAs, and banks leverage iCapital’s technology to streamline and scale their alternative investments operational infrastructure. Additionally, the iCapital ‘flagship’ platform offers wealth advisors and their high-net-worth client's access to a curated menu of private equity, private credit, hedge funds, structured investments, and other alternatives to help meet their investing needs for return and diversification. iCapital’s research and diligence team offers robust analysis alongside the firm’s extensive suite of advisor education, compliance, portfolio management, and portfolio analytics tools and services.

iCapital has been recognized on the Forbes FinTech 50 list each year from 2018 through 2002, the Forbes America’s Best Startup Employers in 2021 and 2022, and MMI/Barron’s Industry Awards as Solutions Provider of the Year in 2020 and 2021. As of May 31, 2022, iCapital services more than US$130 billion in global client assets, of which more than US$30 billion are from international investors (non-US Domestic), across more than 1,035 funds. Employing more than 800 people globally, iCapital is headquartered in NYC and has offices worldwide including in Zurich, London, Lisbon, Hong Kong, Singapore, and Toronto.

Funding Rounds

Number of Funding Rounds
Total Funding Amount
9
$685.31M
iCapital Network has raised a total of $685.31M in funding over 2 rounds. Their latest funding was raised on Jun 23, 2022 from a Corporate Round round.
Announced Date Round Money Raised Number of Investors Lead Investors Post Valuation
Jun 23, 2022 Corporate Round 1 Bank of America Detail
Dec 23, 2021 Series Unknown $50M 4 Detail
Jul 27, 2021 Series C $440M 4 Detail
Jul 26, 2021 Series B 1 Detail
Mar 23, 2020 Series Unknown $146M 3 Detail

Investors

Number of Lead Investors
Number of Investors
2
6
iCapital Network is funded by 6 investors. Bank of America and UBS are the most recent investors.
Investor Name Lead Investor Funding Round
Bank of America Yes Corporate Round
UBS Series Unknown
JP Morgan Chase Series Unknown
BNY Mellon Series Unknown
Kohlberg Kravis Roberts Series Unknown
Blackstone Innovations Investments Series B