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Altruist

Altruist

Private
Culver City, CaliforniaFinTechhttps://altruist.com/

Last Round

Series F

Apr 22, 2025

Est. Valuation

$1.9B

Total Funding Raised

$601.5M

Momentum

Top 50%

of companies Caplight tracks

Company Overview

Altruist is a fintech company that provides an AI-forward digital investment platform and custodial services for independent financial advisors.

Sector

FinTech

Verticals

Wealth Management, Investment Platforms, Vertical SaaS, Lending & Credit

Business Model

B2B2C

Customer Profile

Payment Processing Fee, Subscription SaaS, Marketplace Commission

AI Layer

Application

Keywords

digital brokeragecustodial platformregistered investment advisorRIAportfolio managementtax-aware investingseparately managed accountSMAwealthtechadvisor assistantAI advisor toolmargin lendingmodel marketplacepractice management softwarefintech custodianvibe coding

Historical Pricing

Historical view of private secondary pricing and transaction trends.

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Caplight Momentum Score

Proprietary index based on bid/ask volume and sentiment.

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Track how buyer interest and sentiment changes over time.

Altruist Comparables

Compare Altruist with similar companies based on industry and business-model similarity.

Altruist comparables — related companies by embedding similarity
CompanySimilarityMarket Cap
Betterment
82%
Robinhood
80%
The Charles Schwab Corporation
75%

Altruist Funding Rounds

Historical fundraising activity

Data table
RoundDateAmount RaisedValuationInvestorsSources
Series FApr 22, 2025
Series EMay 2, 2024
Series DApr 26, 2023
Series CNov 1, 2021
Series BMay 19, 2021
Series A
Nov 25, 2019

Secondary Market Activity

Bids, offers, and trades by month

Data table
OperationDatePriceSizeShare ClassStructure
BID

Key People

Founding team and executive leadership

Jason Wenk

Founder CEO

Founding Team

Sumanth Sukumar

Chief Technology Officer

Executive Team

Amit Miglani

Chief Financial Officer

Executive Team

Altruist Investors

Notable investors and investment history

Altruist investors
InvestorRounds
Carson GroupSeries F
The Vanguard GroupSeries B, Series C
Geodesic CapitalSeries F
ICONIQ CapitalSeries F, Series E
ICONIQ GrowthSeries F, Series E
Salesforce VenturesSeries F
Government of SingaporeSeries F

Market signals

Structured signals derived from secondary market and firmographic data.

  • May 1, 2026

    Integrating AI-driven order management system 'Moment' into fixed income platform.

  • May 1, 2026

    Launched Altruist Advisors, an SEC-registered investment adviser.

Altruist Filings

SEC and related filings with document metadata.

Data table
TypedDateAmount OfferedAmount SoldFillingPagesDownload
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Altruist Filings

SEC and related filings with document metadata.

Frequently Asked Questions

Common questions about Altruist's valuation, stock price, and market status.

Firmographic Details

HeadquartersCulver City, California
Employee Range339
Year Founded2018
Last FundingApr 22, 2025

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