Altruist Raises $152 Million in Funding - Los Angeles Business Journal

Altruist Raises $152 Million in Funding - Los Angeles Business Journal

Less than a year after raising $169 million, Altruist came in hot with another $152 million in funding at the end of April, bringing the Culver City company’s valuation to $1.9 billion. This marks the last round of funding Altruist will need for the foreseeable future, according to Chief Executive Jason Wenk, who founded the firm in 2018. Altruist aims to provide independent registered investment advisers, or RIAs, with the technology to make ad…