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ALPACA
Alpaca
Fintech · San Mateo, California · United States · Founded · 2015 · ≈ · 200 · employees

Alpaca Funding — Last Valued at $1.1B

Private

Alpaca has raised $353M across 2 funding rounds, plus 3 undated rounds. The latest round valued Alpaca at $1.1B post-money, with Peak XV, Elefund on the lead line.

ProfileValuationFundingCompetitorsStock & IPOHow to invest
Alpaca funding · at a glance
Total raised, all rounds
$353M
sum of disclosed sizes
Funding rounds
2
plus 3 undated rounds
Latest round
$1.1B
post-money · Jul 2026
Lead on that event
Peak XV
lead investor
2026
About Alpaca

Alpaca is backed by investors including Drive Capital and Citadel Securities. In January 2026 the company raised $150 million at a $1.15 billion valuation to build what it calls the global standard for brokerage infrastructure.

Funding timeline

The Alpaca funding timeline

2 funding rounds, the latest highlighted.

2015
Alpaca founded

Alpaca was founded in 2015, United States.

UNDATED
Series C, Seed, Series D

No date is disclosed for this round.

OCT 2020
Series A

Social Leverage, Spark Capital, Fathom Capital, Abstract Ventures. $10M raised, led by Portag3.

Valuation basisAmount$10MPrice / shareLeadPortag3
JUL 2026LATEST
Series funding (July 2026) at $1.1B post-money

A primary round — the company sells new shares to investors it selects. $135M raised, led by Peak XV, Elefund.

Valuation basispost-moneyAmount$135MPrice / shareLeadPeak XV, Elefund
IPO: NOT ANNOUNCED

No filing has been made.

Funding rounds

Alpaca funding rounds in full

2 dated rounds, newest first.

Round
Date
Amount
Valuation
Price / share
Lead investors
Participation
Series funding (July 2026) LATEST
Jul 2026
$135M
$1.1Bpost-money
—
Peak XV, Elefund
—
Series A
Oct 2020
$10M
—
—
Portag3
Social Leverage, Spark Capital, Fathom Capital, Abstract Ventures
Series C
—
$52M
—
—
—
850 Management, Derayah Financial, National Investment Company, Portage Ventures, Unbound
Seed
—
$6M
—
—
—
—
Series D
—
$150M
$1.1Bpost-money
—
Drive Capital
Citadel Securities, Opera Tech Ventures, MUFG Innovation Partners, Flat Capital, DRW Venture Capital, Kraken, Altered Capital, X&KSK, Bank Muscat, Endeavor Catalyst, Portage, Horizons Ventures, Social Leverage, Unbound, Diagram, Derayah Financial
Alpaca · investors

Investors

Drive CapitalLEADPPeak XVLEADEElefundLEADPPortag3LEADCitadel SecuritiesOOpera Tech VenturesMUFG Innovation PartnersFFlat CapitalDRW Venture CapitalKKrakenAAltered CapitalPPortage VenturesHorizons VenturesSSocial LeverageUUnboundDDiagramDDerayah Financial

Frequently asked questions

What is Alpaca's valuation?›

The last valuation is $1.1B (post-money, Jul 2026).

Who has invested in Alpaca?›

Lead investors for each round are in the funding timeline.

Who are Alpaca's competitors?›

The closest fintech peers are on the competitors page.

How can I get exposure to Alpaca?›

The routes section explains what is realistically available for a company at this stage.

Is Alpaca publicly traded?›

No. Alpaca is a private company; its shares do not trade on a public exchange.

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