iCapital

Active#59 in United States

Estimated valuation · Alternative investments platform · United States

Provides a technology platform that lets wealth managers, banks and asset managers distribute, buy, administer and report on alternative investments such as private equity, private credit and hedge funds.

Fintech›alternative investments platform icapital.com

Founded2013

HQNew York

RaisedUSD 1.5bn+

Last roundFunding round · Jul 2025

Country of originUnited StatesListed in the United States ranking

Where would you invest?United StatesJurisdiction as cited by the ranking

Estimated valuation

AI · United States ranking

≈ USD 7.5bnUSD 3.75–15bn · Unicorn

Hundreds of k$

Millions $

Tens of M$

Hundreds of M$

Unicorn

Decacorn

Hectocorn

Anchor: Last known equity round: Funding round · USD 820M · Jul 2025
Published valuation: USD 7.5bn · Jul 2025
AI adjustment: None

An indicative editorial estimate produced by AI, imperfect by nature: neither a financial valuation nor investment advice. Only the market sets a company’s value. Method

Uback rankings

How the AI ranks →

Ranking	Tier	Rank	Edition	Next update
United States · all sectors	Top 100	#59	Edition 0 · October 2026	1 Jan 2027

Rank historyOct 2026 · #59First edition: no movements yet.

Funding history

USD 1.5bn+ raised in total

Date	Round	Amount	Type	Investors
Jul 2025	Funding round	USD 820M	Equity	T. Rowe Price, SurgoCap Partners

Rounds as cited by Uback’s rankings. Equity, debt and grants are shown separately; only equity rounds count towards the valuation anchor.

Independent analyses

By industry professionals & analysts

Industry professionals and financial analysts can publish their own analysis of iCapital as a PDF. It must answer at least one of these four questions, and stick to them:

AI valuation: $7.5BUndervalued or overvalued?

Versus competitorsHow does it compare?

Who should acquire itStrategic buyers, and why

Who should it acquireAcquisition targets, and why

Publish an analysisName, role and LinkedIn shown · public sources only

Analyses are the opinion of their authors, not of Uback. They are checked before publication.

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Back iCapital whether or not it has agreed: your intention joins the pool on iCapital, passed to the Fundraising Desk of its country once it reaches critical mass. Backing on Uback (pronounced “you back”) means declaring an Interest (free) or an Intention (coming soon). Backing does not mean that this company is raising funds or that a shareholder is selling shares, and it is not a commitment to invest. Any deal, through a funding round or a sale by an existing shareholder, is handled by a partner desk: the Fundraising Desk of the country for a round, the Secondary Sales Desk assigned to the company for a sale.

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What the AI reads

Read by the AI at the next edition.

Comparable companies in United States

Full United States ranking →

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Last updated: Oct 2026Report an error

Uback is a content publisher and an aggregator of non-binding expressions of interest. It provides no investment advice, receives no mandate and takes part in no transaction. Rankings, ranges and brackets are editorial estimates produced by AI, purely indicative.