Altruist is on a mission to make independent financial advice better, more affordable, and accessible.
We’ve built an all-in-one platform that reduces barriers for financial advisors to deliver great advice.
Advisors using Altruist can work more efficiently and substantially lower operating costs, enabling them to grow on their own terms and help more people.
At Altruist, we value kindness, brilliance, and grit.
CEO Jason Wenk founded Altruist in 2018, and our platform launched in late 2020. Altruist has raised $58.5M in funding from top investors, including Venrock, Vanguard, and Insight Partners.
Altruist Financial LLC, Member FINRA/SIPC
We’ve built an all-in-one platform that reduces barriers for financial advisors to deliver great advice.
Advisors using Altruist can work more efficiently and substantially lower operating costs, enabling them to grow on their own terms and help more people.
At Altruist, we value kindness, brilliance, and grit.
CEO Jason Wenk founded Altruist in 2018, and our platform launched in late 2020. Altruist has raised $58.5M in funding from top investors, including Venrock, Vanguard, and Insight Partners.
Altruist Financial LLC, Member FINRA/SIPC
Location: United States, California, Los Angeles
Employees: 201-500
Total raised: $339.5M
Founded date: 2018
Investors 1
| Date | Name | Website |
| 20.05.2021 | Insight Pa... | insightpar... |
Funding Rounds 4
| Date | Series | Amount | Investors |
| 02.05.2024 | Series E | $169M | - |
| 13.04.2023 | Series D | $112M | - |
| 28.05.2021 | Series B | $50M | - |
| 25.11.2019 | Series A | $8.5M | - |
Mentions in press and media 21
| Date | Title | Description |
| 20.08.2024 | Navigating the Future: Snappy Kraken and ModelOp Propel Growth in Financial Services and AI Governance | In the fast-paced world of technology, two companies are making waves: Snappy Kraken and ModelOp. Both are carving out their niches in the financial services and AI governance sectors, respectively. Their recent developments signal a shift ... |
| 16.08.2024 | Snappy Kraken Releases Snappy Kraken Enterprise | Snappy Kraken, the martech innovator powering simpler, smarter advisor marketing, today announced the official rollout of Snappy Kraken Enterprise, a complete marketing technology solution tailored for mid-market and enterprise firms, inclu... |
| 07.05.2024 | Inside Mercury’s competitive push into software and Ramp’s potential M&A targets | Welcome to TechCrunch Fintech! This week, we’re looking at Mercury’s latest expansions, wallet-as-a-service startup Ansa’s raise and more! To get a roundup of TechCrunch’s biggest and most important fintech stories delivered to your inbox e... |
| 02.05.2024 | Altruist Raises $169M in Series E Funding | Altruist, a Los Angeles, CA-based custodian for independent RIAs, raised $169M in Series E funding. The round, which valued the company north of $1.5B, was led by ICONIQ Growth with participation from new investor Granite Capital Management... |
| 13.04.2023 | Altruist Raises $112M | Los Angeles-based Altruist, which develops software for registered investment advisors (RIA), has raised $112M in a Series D funding, the company said on Wednesday. The funding was led by Insight Partners, and also included Adam Street Part... |
| 13.04.2023 | Altruist Raises $112M in Series D Funding | Altruist, a Los Angeles, CA-based provider of a custodian for independent RIAs, raised $112M in Series D funding. The round, which brought the total amount to $290, was led by Insight Partners, new investor Adams Street Partners, with parti... |
| 16.03.2023 | Altruist Acquires Shareholders Service Group | Altruist, a Los Angeles, CA-based custodian for independent registered investment advisors (RIAs), acquired Shareholders Service Group (SSG), a San Diego, CA-based brokerage and custodial platform across the US. The amount of the deal – sub... |
| 18.11.2022 | Altruist’s Model Marketplace Launches Cornerstone Partnership with ESG Pioneer HIP Investor | Following Altruist’s recent expansion of its Model Marketplace and release of unified managed accounts (UMA) capabilities, the RIA fintech firm announces its partnership with ESG pioneer and long-time innovator HIP Investor, providing advis... |
| 29.01.2022 | Lessons from a fintech founder: Solving for C by going B2B | Jason Wenk Contributor Share on Twitter Jason Wenk is CEO and founder of Altruist. Fintech founders that set out to solve big problems for consumers almost always begin with the best intentions — they want to help people. But they often mis... |
| 21.05.2021 | Altruist Raises $50M in Series B Funding | Altruist, a Los Angeles CA-based provider of platform for modern financial advisors, raised $50M in Series B funding. The round was led by Insight Partners, with follow-on participation from Series A investor Venrock, as well as Vanguard. I... |
Show more