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DriveWealth

DriveWealth

Private
New York City, New YorkFinTechhttps://www.drivewealth.com/

Last Round

Series D

Aug 20, 2021

Est. Valuation

$2.85B

Total Funding Raised

$535.9M

Momentum

Top 25%

of companies Caplight tracks

Company Overview

DriveWealth is a financial technology company that provides embedded finance and API-driven brokerage infrastructure for real-time fractional trading in the U.S. equities market.

Sector

FinTech

Verticals

Investment Platforms, Wealth Management, Digital Banking

Business Model

B2B2C

Customer Profile

Payment Processing Fee, Usage-Based SaaS, Revenue Share, Services & Consulting

AI Layer

Application

Keywords

brokerage-as-a-serviceembedded financefractional tradingAPI platformembedded investingfintech infrastructurewhite-label brokeragedigital tradingclearing and executioninvestment APIfixed-income investingB2B2Cwealthtechpayment for order flowPFOF

Historical Pricing

Historical view of private secondary pricing and transaction trends.

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Caplight Momentum Score

Proprietary index based on bid/ask volume and sentiment.

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DriveWealth Comparables

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

DriveWealth comparables — related companies by embedding similarity
CompanySimilarityMarket Cap
Alpaca Securities
92%
Apex Fintech Solutions
85%
Alpaca
83%

DriveWealth Funding Rounds

Historical fundraising activity

Data table
RoundDateAmount RaisedValuationInvestorsSources
Series DAug 20, 2021
Series COct 27, 2020
Series BApr 4, 2018
Series AApr 28, 2015
SeedMar 24, 2012

Key People

Founding team and executive leadership

David Grant

Chief Executive Officer, Asia

Executive Team

Aaron Sokasian

Chief Technology Officer

Executive Team

Marcus Anthony

Chief Financial Officer

Executive Team

Anthony Ilario

Head of Operations COO

Executive Team

DriveWealth Investors

Notable investors and investment history

Market signals

Structured signals derived from secondary market and firmographic data.

  • Jul 24, 2026

    Monthly visitors increased 34% MoM to 113.6K.

  • Apr 25, 2026

    Expanding commercial presence into Mexico with new executive hire.

Recent news

Latest coverage and updates

  • has_issues_withSep 25, 2026

    DriveWealth, LLC has issues with separate impersonation case.

  • has_issues_withSep 25, 2026

    DriveWealth, LLC had issues with data breach on Sep 1st '26.

  • has_issues_withSep 24, 2026

    DriveWealth, LLC had issues with unauthorized access to its systems on Sep 4th '26.

  • has_issues_withSep 24, 2026

    DriveWealth, LLC had issues with Stake data breach exposes customer details after hack on Sep 4th '26.

  • has_issues_withSep 24, 2026

    DriveWealth, LLC had issues with social engineering attack on Sep 4th '26.

DriveWealth Filings

Explore SEC and related filing metadata, where available.

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

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Frequently Asked Questions

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

Is DriveWealth a public or private company?

DriveWealth is a private company.

What is the current stock price of DriveWealth?

DriveWealth is a private company with no public stock price. No recent secondary market data is available.

How much is DriveWealth worth (valuation)?

DriveWealth's valuation is estimated at $2.9B based on funding round data.

Can I buy DriveWealth stock?

DriveWealth 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 DriveWealth's last funding round?

DriveWealth's most recent funding round was Series D on August 20, 2021.

Who are the main investors in DriveWealth?

Key investors in DriveWealth include Steven & Alexandra Cohen Foundation, Route 66 Ventures, Insight Partners, SBI Holdings, Accel.

Will DriveWealth IPO soon?

No public IPO plans have been announced for DriveWealth.

How can I track DriveWealth secondary market activity?

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

Firmographic Details

HeadquartersNew York City, New York
Employee Range282
Year Founded2012
Last FundingAug 20, 2021

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