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ICAPITAL
iCapital
Fintech / alternative-investment platforms · United States · Founded · 2013 · ≈ · 1,510 · employees

iCapital Valuation: $7.5B After the 2025 round

Private

iCapital was last valued at $7.5B (post-money). It comes from the $820M 2025 round of Jul 2025. The company is private, so there is no listed share price.

ProfileValuationFundingCompetitorsStock & IPOHow to invest
iCapital valuation · at a glance
Last valuation
$7.5B
POST-MONEY
Lead investors
10
across 10 rounds
Raised across rounds
$1.1B
10 rounds
Date of last round
Jul 2025
closed 10 Jul 2025
Valuation history

How the iCapital valuation has moved

2 valuations. The latest, $7.5B post-money, was set by the 2025 round in Jul 2025.

$7.5B
Jun 2022
$6B
Bank of America investment round · post-money
Jul 2025
$7.5BLATEST
2025 round · post-money
+25% vs prior valuation
Latest valuation
$7.5Bpost-money
Set by the 2025 round · 10 Jul 2025
×1.2since the $6B Bank of America investment round in Jun 2022
Valuations
2
Priced rounds with a valuation
Event type
Primary round
The 2025 round · $820M raised
Undated: Seed at —; Series D extension at —.
Funding rounds

iCapital rounds and the valuation each one set

10 rounds
Round
Date
Amount
Valuation
Basis
2025 round LATEST
10 Jul 2025
$820M
$7.5B
POST-MONEY
Bank of America investment round
23 Jun 2022
—
$6B
POST-MONEY
Series C
1 Mar 2020
$146M
—
—
Series B extension
1 Aug 2018
$25.7M
—
—
Series B extension
1 Dec 2017
$11.8M
—
—
Series B
1 Dec 2016
$14.8M
—
—
Series A extension
1 Jun 2015
$10M
—
—
Series A
1 Oct 2014
$9.2M
—
—
Seed
—
$3M
—
—
Series D extension
—
$50M
—
—
Lead investors
Leads: Bank of America, BlackRock, Blackstone, Credit Suisse, JPMorgan Chase, Ping An Global Voyager Fund, SurgoCap Partners, T. Rowe Price, The Carlyle Group, WestCap.
Full funding history — iCapital profile ›
What the valuation means

What the $7.5B actually measures

A private valuation is the price agreed in one transaction. The iCapital valuation of $7.5B is a post-money figure from the 2025 round dated 10 Jul 2025 — the whole company measured after the $820M raised in that round was already inside it. Subtract the round and the pre-money view of the same deal is $6.7B .

The valuation holds until the next priced round or secondary sale. A private company founded in 2013 with roughly 1,510 people has no daily price and no order book between rounds.

Where the $7.5B comes from
Event2025 round, dated 10 Jul 2025
Basispost-money
Round size$820M
LeadT. Rowe Price, SurgoCap Partners

Frequently asked questions

What is iCapital's valuation?›

The last valuation is $7.5B.

Who has invested in iCapital?›

Lead investors for each round are in the funding timeline.

Who are iCapital's competitors?›

The closest fintech / alternative-investment platforms peers are on the competitors page.

How can I get exposure to iCapital?›

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

Is iCapital publicly traded?›

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

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