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DRIVEWEALTH
DriveWealth
Financial technology (B2B brokerage-as-a-service / embedded investing infrastructure) · New York, New York · United States · Founded · 2012 · ≈ · 370 · employees

DriveWealth Funding — Last Valued at $2.9B

Private

DriveWealth has raised not fully disclosed across 1 funding round. The latest round valued DriveWealth at $2.9B post-money, with Insight Partners, Accel on the lead line.

ProfileValuationFundingCompetitorsStock & IPOHow to invest
DriveWealth funding · at a glance
Total raised, all rounds
no round sizes disclosed
Funding rounds
1
priced rounds
Latest round
$2.9B
post-money · Aug 2021
Lead on that event
Insight Partners
existing holders (SoftBank, an existing backer, was also referenced in reporting)
2021
About DriveWealth

DriveWealth is backed by Insight Partners and Accel, alongside a strategic investment from Citi Ventures announced in December 2021. Citi Ventures highlighted DriveWealth's fractional-share technology, which lets retail investors build a diversified portfolio through small, dollar-based purchases.

Funding timeline

The DriveWealth funding timeline

1 funding round, the latest highlighted.

2012
DriveWealth founded

DriveWealth was founded in 2012, United States.

AUG 2021LATEST
Funding round at $2.9B post-money

Existing holders (SoftBank, an existing backer, was also referenced in reporting). Led by Insight Partners, Accel.

Valuation basispost-moneyAmountPrice / shareLeadInsight Partners, Accel
IPO: NOT ANNOUNCED

No filing has been made.

Funding rounds

DriveWealth funding rounds in full

1 dated round, newest first.

Round
Date
Amount
Valuation
Price / share
Lead investors
Participation
Funding round LATEST
Aug 2021
—
$2.9Bpost-money
—
Insight Partners, Accel
existing holders (SoftBank, an existing backer, was also referenced in reporting)
DriveWealth · investors

Investors

Insight PartnersLEADAccelLEADSSoftBank

Frequently asked questions

Is DriveWealth publicly traded?›

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

What is DriveWealth's valuation?›

The last valuation is $2.9B.

Who has invested in DriveWealth?›

Lead investors for each round are in the funding timeline.

Who are DriveWealth's competitors?›

The closest financial technology (b2b brokerage-as-a-service / embedded investing infrastructure) peers are on the competitors page.

How can I get exposure to DriveWealth?›

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

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