Wealthfront: Funding, Investors & Team (Oct 2026)
Wealthfront is a next-gen banking service that helps in managing the money for both the short term and long term wealth by providing a cash account with one of the highest APYs on the market, best in class automated investment management and free financial advice, anytime. Wealthfront was launched by Andy Rachleff and Dan Carroll in December 2011 and currently manages over $20 billion in total client assets.
Wealthfront has raised $69.7M across 1 funding round on record, the most recent a Convertible Note of $69.7M announced in Sep 2022.
That round is above the $15M median round size for Financial Services companies tracked on FundedIQ over the last two years.
Wealthfront Company Profile and Key Stats
Latest funding round on record: Sep 2022.
Wealthfront Funding Rounds
Wealthfront Founders and Leadership Team
No contact details are on record for this team yet.
Wealthfront Funding Compared to Other Financial Services Startups
Wealthfront's latest round of $69.7M is above the median round in Financial Services. Medians cover the last 24 months of disclosed rounds.
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Wealthfront Funding FAQs
What does Wealthfront do?
Wealthfront is a next-gen banking service that helps in managing the money for both the short term and long term wealth by providing a cash account with one of the highest APYs on the market, best in class automated investment management and free financial advice, anytime. Wealthfront was launched by Andy Rachleff and Dan Carroll in December 2011 and currently manages over $20 billion in total client assets.
How much funding has Wealthfront raised?
Wealthfront has raised $69.7M across 1 round on record. The most recent is a Convertible Note of $69.7M announced in Sep 2022.
When did Wealthfront last raise funding?
Wealthfront's most recent funding round on record is a Convertible Note of $69.7M, announced in Sep 2022.
Who is the CEO of Wealthfront?
David Fortunato is listed as CEO at Wealthfront.
Where is Wealthfront headquartered?
Wealthfront is based in Palo Alto, California, United States.
How many employees does Wealthfront have?
Wealthfront is in the 251-500 employee band.
How does Wealthfront's funding compare to other Financial Services startups?
Wealthfront's latest round of $69.7M is above the $15M median round size for Financial Services companies on FundedIQ across 5,752 tracked companies over the last two years.
About FundedIQ's Wealthfront 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 Wealthfront is left off this page rather than filled in.
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