Altruist Raises $152M Series F Led by GIC to Accelerate Innovation for Growth-Oriented RIAs

Altruist Raises $152M Series F Led by GIC to Accelerate Innovation for Growth-Oriented RIAs

LOS ANGELES--(BUSINESS WIRE)--Apr 22, 2025-

GIC Leads US$152 Million Series F in U.S. Custodian Altruist - Fintech Singapore

Altruist, a US-based custodian platform for registered investment advisors (RIAs), has raised US$152 million in a Series F funding round led by Singapore’s sovereign wealth fund GIC. The latest round values the company at approximately US$1.9 billion. Other investors include Salesforce Ventures, Geodesic Capital, Baillie Gifford, Carson Family Office, ICONIQ Growth, and select additional backers. The funding comes on the heels of what the compan…

Altruist Raises $152M in Series F

Altruist, a Los Angeles, CA-based modern custodian for RIAs, raised $152m in Series F funding. The round, which valued the company at approximately $1.9 billion, was led by GIC with participation from Salesforce Ventures, Geodesic Capital, Baillie Gifford, Carson Family Office, ICONIQ Growth, and a select group of additional partners. Led by CEO Jason Wenk, […] The post Altruist Raises $152M in Series F appeared first on FinSMEs.

Altruist Raises $152M Led by Singapore Wealth Fund

The tech-focused custodian Altruist secures a Series F fundraising round led by GIC, Singapore’s sovereign wealth fund, to fuel product launches and executive hires.