DriveWealth

DriveWealth

Private
New York City, New YorkFinTechhttps://www.drivewealth.com

Last Round

Series D

8/20/2021

Est. Valuation

$2.9B

Total Funding Raised

$535.9M

Company Overview

DriveWealth is a financial technology company that offers embedded finance and API-driven brokerage infrastructure for real-time fractional trading in the U.S. equities market.

Sector

FinTech

Verticals

Investment Platforms, Wealth Management, API Management, RegTech, Digital Banking

Business Model

B2B2C

Customer Profile

Usage-Based SaaS, Payment Processing Fee, Subscription SaaS, Data as a Service

AI Layer

Non-AI

Keywords

Brokerage-as-a-Servicefractional sharesembedded investinginvestment APItrading APIbrokerage infrastructureinvesting as a serviceembedded financewealthtech infrastructureclearing and executionself-clearing brokerfractional tradingUS equities tradingB2B2Csecurities lendingfixed income investingoptions trading

Historical Pricing

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Caplight Momentum Score

Proprietary index based on bid/ask volume and sentiment.

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DriveWealth Comps

Public and private peers based on sector, stage, and business model.

CompanyStatusEst. ValuationRev Multiple
OpenAIPrivate$86.0B~40x
CoherePrivate$5.0B--
Competitor 1Public$XX.XBXXx
Competitor 2Public$XX.XBXXx

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DriveWealth Funding Rounds

Historical fundraising activity

RoundDateAmount RaisedValuationInvestorsSources
Series D8/20/2021
Series C10/27/2020
Series B4/4/2018
Series A4/28/2015
Seed3/24/2012

Key People

Founding team and executive leadership

David Grant

Chief Executive Officer, Asia

Executive Team

Aaron Sokasian

Chief Technology Officer

Executive Team

Marcus Anthony

Chief Financial Officer

Executive Team

Kevin Cortright

COO

Executive Team

DriveWealth Investors

Notable investors and investment history

InvestorRounds
SenaHill PartnersSeries A
Proaltus Capital PartnersSeries D
Steven & Alexandra Cohen FoundationSeries D, Series C
Fidelity International Strategic VenturesSeries C, Series D
Citi VenturesSeries D
Vetamer Capital ManagementSeries D
SoftBank Vision Fund ISeries D

Market signals

Structured signals derived from secondary market and firmographic data.

  • Mar 11, 2026

    Launched Acciones (Stocks) with Banco Ualá for Mexican investors.

  • Mar 11, 2026

    Partnered with Banco Ualá to enable U.S. equity investments in Mexico.

DriveWealth Filings

SEC and related filings with document metadata.

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DriveWealth Filings

SEC and related filings with document metadata.

Frequently Asked Questions

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

Firmographic Details

HeadquartersNew York City, New York
Employee Range339
Year Founded2012
Last Funding8/20/2021

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DisclaimerAll investments involve risk, including the risk of loss of principal. You should carefully consider your investment objectives, risks, transaction costs and other expenses before deciding to invest in options, swaps or other investments.This does not constitute an offer by Caplight Technologies, Inc. to sell, or a solicitation of an offer to buy, any securities and may not be used or relied upon in connection with any offer or sale of securities. An offer or solicitation can be made only through the delivery of final offering document(s) and purchase agreement(s), and will be subject to the terms and conditions and risks delivered in such documents. Any securities offered are offered through Caplight Markets LLC, member FINRA/SIPC.