About Wealthfront
Wealthfront integrates investing and saving products to help young professionals build long-term wealth in any market condition.
Headquarters
Wealthfront, Palo Alto
Founded
2008-01-01
Industry
Finance, Financial Services, FinTech, Personal Finance, Wealth Management
Last Funding Type
Convertible Note
Valuation
28
Total Funding
$274.20 million dollars
IPO Status
Private
Financial
Wealthfront has launched an Automated Bond Ladder, a new tool designed to help investors maximize returns on U.S. Treasuries with tax efficiency and low risk. This innovative product aims to attract more business by offering state tax advantages and higher yields. Wealthfront continues to be recognized as a leading robo-advisor, providing low-cost automated portfolio management and investing in ESG funds.
Funding Rounds
7
Number of Lead Investors
6
Total Funding Amount
$274.20 million dollars
Number of Investors
39
Wealthfront vs. Other Decacorns
| Company | Valuation | Total Funding | Funding Rounds |
|---|---|---|---|
| Wealthfront | $28B | $274.20M | 7 |
| Klarna | $20B | $4.55B | 34 |
| FTX | $33B | $1.83B | 7 |
| BitPanda | $4B | $554.01M | 7 |
| N26 | $9B | $1.72B | 12 |
| Indigo Agriculture | $4B | - | - |
| MoonPay | $31B | $650.68M | 8 |
| Circle (Financial Software) | $9B | $1.12B | 14 |
| Sila | $10B | $20.70M | 4 |
| CloudWalk | $2B | $345.06M | 6 |
| Wave (Financial Software) | $2B | $79.75M | 10 |
| Enya (Software Development Applications) | $3B | $1.50M | 2 |
| AvidXchange | $4.9B | $1.13B | 10 |
| Adyen | $8.3B | $266.00M | 3 |
| CoinTracker | $4B | $101.62M | 3 |
| 0x | $1B | $109.00M | 8 |
| bolttech | $2B | $543.20M | 7 |
| Acorns | $4B | $510.01M | 13 |
| NerdWallet | $4B | $105.00M | 6 |
| Bakkt | $2.1B | $857.50M | 4 |
| Jeeves | $14B | $443.00M | 6 |
| TaxBit | $3B | $253.36M | 8 |
| Revolut | $99B | $1.74B | 20 |
| ZenBusiness | $2B | $276.96M | 7 |
| Pipe | $14B | $423.12M | 11 |
| AngelList | $287B | $170.20M | 8 |
| Tradeshift | $8B | $1.13B | 14 |
| Wrapbook | $1B | $150.60M | 4 |
| Qualia | $2B | $160.00M | 6 |
| Payoneer | $3.3B | $570.00M | 15 |
| Figure (Financial Software) | $6B | $1.55B | 10 |
| Compass | $14B | $3.00M | 1 |
| Younited Credit | $1B | - | 1 |
| Alan | $3B | $751.56M | 8 |
| MX | $2B | $450.00M | 4 |
| Trumid | $5B | $458.25M | 7 |
| Cedar | $3B | $419.36M | 6 |
| MobileCoin | $6B | $107.35M | 4 |
| Marqeta | $30B | $530.11M | 16 |
| Paxos | $7B | $543.48M | 7 |
| Satispay | $1B | $533.14M | 11 |
| Pilot | $9B | $172.10M | 6 |
| Divvy | $7B | $417.50M | 5 |
| Unit | $1B | $169.60M | 5 |
| Aspiration | $13B | $250.00M | 5 |
| Titan | $12B | $73.00M | 4 |
| CRED | $12B | $801.49M | 8 |
| Monzo Bank | $9B | $1.84B | 22 |
| Deposit Solutions | $1B | $198.87M | 6 |
| Remitly | $6.9B | $526.74M | 15 |
| Privateer Holdings | $2B | $228.00M | 4 |
| Ramp | $41B | $1.82B | 10 |
| Gusto | $547B | $746.10M | 15 |
| Ava Labs | $11B | $290.00M | 6 |
| Dave | $4B | $646.30M | 10 |
| Avant (Online Lending Firm) | $6B | $2.08B | 13 |
| Dapper Labs | $76B | $612.51M | 7 |
| Clearco | $6B | $858.64M | 9 |
| Stripe | $559B | $9.44B | 20 |
| Happy Money | $5B | $337.15M | 8 |
| LendingClub | $5.4B | $392.23M | 15 |
| Brex | $123B | $1.46B | 12 |
| Hippo Enterprises | $5B | $1.26B | 10 |
| Kraken | $32B | $30.55M | 20 |
| Upstart | $10B | $944.05M | 9 |
| CleanCapital | $2B | $1.21B | 8 |
| Roofstock | $6B | $365.25M | 11 |
| Nubank | $41B | $4.17B | 15 |
| Fundbox | $8B | $553.50M | 9 |
| Handshake | $4B | $700.00K | 1 |
| Plaid | $40B | $734.30M | 6 |
| Mercury | $37B | $152.21M | 7 |
| Forge Global | $2B | $357.00M | 11 |
| Chainalysis | $9B | $536.62M | 13 |
| SumUp | $16B | $4.02B | 17 |
| Divvy Homes | $4B | $1.23B | 7 |
| Addepar | $11B | $531.36M | 7 |
| Coda Payments | $3B | $715.25M | 8 |
| Uala | $3B | $844.00M | 7 |
| Signifyd | $4B | $409.00M | 7 |
| Spendesk | $3B | $311.85M | 6 |
| Pilot.com | $1B | $172.10M | 6 |
| TradingView | $6B | $388.75M | 11 |
| Razorpay | $47B | $816.31M | 10 |
| Skrill | $1B | - | - |
| Merama | $1B | $525.00M | 6 |
| Lendable | $19B | $1.61B | 10 |
| Funding Circle | $2B | $746.45M | 10 |
| Flywire | $8B | $583.30M | 10 |
| Chipper Cash | $2B | $337.20M | 7 |
| Blockstream | $3B | $634.00M | 7 |
| Xoom. | $0.5B | $104.35M | 7 |
| smava | $2B | $188.68M | 7 |
| PayPal Holdings | $46.6B | $5.22B | 6 |
| eToro | $20B | $692.70M | 18 |
| Credit Karma | $7B | $868.00M | 8 |
| Tipalti | $25B | $715.00M | 10 |
| Wise (Financial Software) | $11B | $1.67B | 13 |
| Wyre | $5B | $29.15M | 9 |
| Expensify | $2.2B | $138.20M | 9 |
| Public.com | $10B | $443.50M | 10 |
Growth Trends & Market Impact
Wealthfront's revenue reached $200 million, and the company became profitable for the first time in 14 years.
Investment history
| Round number | date | Post-round evaluation | investors |
|---|---|---|---|
| №1 | 02.09.2022 | $69.70 million dollars |
UBS |
| №2 | 04.01.2018 | $75.00 million dollars |
Tiger Global Management |
| №3 | 27.10.2014 | $64.00 million dollars |
Spark Capital |
| №4 | 02.04.2014 | $35.00 million dollars |
Index Ventures |
| №5 | 20.03.2013 | $20.00 million dollars |
Greylock Index Ventures |
| №6 | 15.12.2009 | $7.50 million dollars |
DAG Ventures |
| №7 | 16.12.2008 | $3.00 million dollars |