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