Altruist: Funding, Investors & Team (Sep 2026)
Altruist's aim is to enhance the quality, affordability, and availability of autonomous financial advice. Their technology enhances the productivity of consultants while allowing them to charge lower fees. This leads to lower expenses for clients, higher profits for them, and increased financial assurance. They aspire to empower numerous individuals to have a remarkable experience with their finances by offering support to several financial experts. Altruist was established in 2018 and is based in Venice Beach, California.
Altruist has raised $162M across 2 funding rounds on record, the most recent a Series C of $112M announced in Apr 2023.
That round is above the $14M median round size for Financial Services companies tracked on FundedIQ over the last two years.
Altruist Company Profile and Key Stats
Latest funding round on record: Apr 2023.
Altruist Funding Rounds
Altruist raised $50.0M in an undisclosed round announced in May 2021.
1.9 years later, a Series C of $112M was announced in Apr 2023.
Altruist Founders and Leadership Team
Contact details for the Altruist team: 1 of 1 has an email address on file.
Start 14-day free trial →Altruist Funding Compared to Other Financial Services Startups
Altruist's latest round of $112M is above the median round in Financial Services. Medians cover the last 24 months of disclosed rounds.
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Altruist Funding FAQs
What does Altruist do?
Altruist's aim is to enhance the quality, affordability, and availability of autonomous financial advice. Their technology enhances the productivity of consultants while allowing them to charge lower fees. This leads to lower expenses for clients, higher profits for them, and increased financial assurance. They aspire to empower numerous individuals to have a remarkable experience with their finances by offering support to several financial experts. Altruist was established in 2018 and is based in Venice Beach, California.
How much funding has Altruist raised?
Altruist has raised $162M across 2 rounds on record. The most recent is a Series C of $112M announced in Apr 2023.
When did Altruist last raise funding?
Altruist's most recent funding round on record is a Series C of $112M, announced in Apr 2023.
Who is the CEO of Altruist?
Jason Wenk is listed as CEO at Altruist.
Where is Altruist headquartered?
Altruist is based in Culver City, California, United States.
How many employees does Altruist have?
Altruist is in the 251-500 employee band.
How does Altruist's funding compare to other Financial Services startups?
Altruist's latest round of $112M is above the $14M median round size for Financial Services companies on FundedIQ across 5,746 tracked companies over the last two years.
About FundedIQ's Altruist Funding Data
FundedIQ tracks announced funding rounds and refreshes this profile every week. Round dates, stages and amounts are normalised to a single format, converted to US dollars, and de-duplicated: two records of the same round announced days apart are merged, and two genuinely different rounds are kept apart on the amounts they disclose. Amounts shown are the disclosed figures only — a round announced without a number is listed and excluded from the total rather than estimated.
Employee counts are reported bands, not exact headcounts. Founder and executive names carry the job title on record. Anything we do not hold for Altruist is left off this page rather than filled in.
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