New York based financial technology platform, iCapital Network raised $440 million in Series C funding round led by Temasek Holdings, valuing the startup at over $3.5 billion. The funding round also witnessed participation of new investors Owl Rock Capital, MSD Partners, Noah Holdings and Golub Capital as well as contributions from existing investors Blackrock, Hamilton Lane, Credit Suisse, Affiliated Managers Group, KKR, WestCap, Ping An Global Voyager, Blackstone Group, UBS, Pivot Investment Partners, BNY Mellon, Wells Fargo, Morgan Stanley Investment Management, Carlyle Group, J P Morgan, and Goldman Sachs Asset Management.
Founded in 2013 by Dan Vene, John Robertshaw, Nick Veronis and Phil Pool, iCapital Network is an online alternative investment management platform that connects advisors and their high net worth investors to leading alternative investment managers through best-in-class user experience.