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Altruist

Altruist

Private
Culver City, CaliforniaFinTechhttps://altruist.com/

Last Round

Series F

Apr 22, 2025

Est. Valuation

$1.9B

Total Funding Raised

$601.5M

Momentum

Top 50%

of companies Caplight tracks

Company Overview

Altruist is a fintech company that provides an AI-forward digital investment platform and custodial services for independent financial advisors.

Sector

FinTech

Verticals

Wealth Management, Investment Platforms, Vertical SaaS, Lending & Credit

Business Model

B2B2C

Customer Profile

Payment Processing Fee, Subscription SaaS, Marketplace Commission

AI Layer

Application

Keywords

digital brokeragecustodial platformregistered investment advisorRIAportfolio managementtax-aware investingseparately managed accountSMAwealthtechadvisor assistantAI advisor toolmargin lendingmodel marketplacepractice management softwarefintech custodianvibe coding

Historical Pricing

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Caplight Momentum Score

Proprietary index based on bid/ask volume and sentiment.

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Altruist Comparables

Compare Altruist with similar companies based on industry and business-model similarity.

Altruist comparables — related companies by embedding similarity
CompanySimilarityMarket Cap
Betterment
82%
Robinhood
80%
The Charles Schwab Corporation
75%

Altruist Funding Rounds

Historical fundraising activity

Data table
RoundDateAmount RaisedValuationInvestorsSources
Series FApr 22, 2025
Series EMay 2, 2024
Series DApr 26, 2023
Series CNov 1, 2021
Series BMay 19, 2021
Series A
Nov 25, 2019

Key People

Founding team and executive leadership

Jason Wenk

Founder CEO

Founding Team

Sumanth Sukumar

Chief Technology Officer

Executive Team

Amit Miglani

Chief Financial Officer

Executive Team

Altruist Investors

Notable investors and investment history

Altruist investors
InvestorRounds
Carson GroupSeries F
The Vanguard GroupSeries B, Series C
Geodesic CapitalSeries F
ICONIQ CapitalSeries F, Series E
ICONIQ GrowthSeries F, Series E
Salesforce VenturesSeries F
Government of SingaporeSeries F

Market signals

Structured signals derived from secondary market and firmographic data.

  • May 1, 2026

    Integrating AI-driven order management system 'Moment' into fixed income platform.

  • May 1, 2026

    Launched Altruist Advisors, an SEC-registered investment adviser.

Recent news

Latest coverage and updates

  • launchesSep 1, 2026

    Altruist launched AI financial planning agent on Aug 31st '26.

  • has_valuationAug 27, 2026

    Altruist had valuation of $1.9B on Jan 1st '25.

  • has_valuationAug 27, 2026

    Altruist had valuation of $4B on Jan 1st '26.

  • launchesJul 27, 2026

    Altruist launched high-yield cash product for advisors on Jul 1st '24.

  • signs_new_clientJul 27, 2026

    Altruist signed new client Civic Financial on Jun 12th '26.

Altruist Filings

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Altruist filings preview — column headings only; records require access
TypeDateAmount OfferedAmount SoldFilingPagesDownload

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Frequently Asked Questions

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

Is Altruist a public or private company?

Altruist is a private company.

What is the current stock price of Altruist?

Altruist is a private company with no public stock price. Caplight tracks Altruist's secondary market activity and provides MarketPrice™ estimates to Caplight users.

How much is Altruist worth (valuation)?

Altruist's valuation is estimated at $1.9B based on funding round data.

Can I buy Altruist stock?

Altruist shares may be available on secondary markets subject to transfer restrictions. Caplight facilitates secondary market transactions for accredited investors. Visit https://www.caplight.com to learn more.

When was Altruist's last funding round?

Altruist's most recent funding round was Series F on April 22, 2025.

Who are the main investors in Altruist?

Key investors in Altruist include ICONIQ Capital, ICONIQ Growth, Government of Singapore, GIC Private Limited, Declaration Partners.

Will Altruist IPO soon?

No public IPO plans have been announced for Altruist.

How can I track Altruist secondary market activity?

Caplight tracks bids, offers, and trades for private companies. Visit https://www.caplight.com to monitor Altruist's secondary market activity and sign up for updates.

Firmographic Details

HeadquartersCulver City, California
Employee Range339
Year Founded2018
Last FundingApr 22, 2025

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