AltExchange

New York, United States Founded: 2013 • Age: 13 yrs Acquired By iCapital
Fintech platform that provides alternative investment reporting and management solutions
Annual revenue - Latest available
Total funding $3.0M 1 rounds
Employees - Tracked headcount
Investors 4 Known backers
Products 2 Services tracked
Competitors 11 Brand Intelligence

About AltExchange

AltExchange is a company based in New York (United States) founded in 2013 by Kareem Hamady was acquired by iCapital in November 2024. AltExchange has raised $3 million across 1 funding round from investors including iCapital, Motley Fool Ventures and Broadhaven Ventures. AltExchange offers products and services including AltExchange Platform and AI-Driven Reporting Tool. AltExchange operates in a competitive market with competitors including Addepar, Altruist, InvestCloud, sei and Avaloq, among others.

  • Headquarter New York, United States
  • Founders Kareem Hamady
  • Sectors
    Technology
  • Email
    Locked
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
  • Legal Name Altexchange, Inc.
Operational Areas
Technology → Marketing, Adtech & Commerce Technology Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $3 M (USD)

    in 1 rounds

  • Latest Funding Round
    $3 M (USD), Seed

    Jun 26, 2024

  • Investors
    iCapital

    & 3 more

  • Employee Count
    Not available
  • Acquired by
    iCapital

    (Nov 01, 2024)

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Products & Services of AltExchange

AltExchange offers a comprehensive portfolio of products and services, including AltExchange Platform and AI-Driven Reporting Tool.

Product name locked
Category locked
Primary

Automates alternative investment reporting and data syncing for advisors.

Product name locked
Category locked
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Provides advanced reporting on alternative investments to enhance decision-making.

People of AltExchange

Headcount 1-10
Employee Profiles 7
Employee Profiles
People
Zak Boca
CEO
People
Jonathan Barney
Solutions Architect
People
Clayton Brown
Lead Architect
People
Kareem Hamady
COO

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Funding Insights of AltExchange

AltExchange has successfully raised a total of $3M through 1 strategic funding round. The most recent funding activity was a Seed round of $3 million completed in June 2024. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

Investors in AltExchange

AltExchange has secured backing from 4 investors, including venture fund and institutional investors. Prominent investors backing the company include iCapital, Motley Fool Ventures and Broadhaven Ventures.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Venture capital funding is provided to early-stage companies and entrepreneurs.
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Venture capital investment in fintech startups
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Offers personalized investment advice, financial planning, and wealth management solutions.
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Investor details for AltExchange

Investor domains, locations, round participation, and complete history require an active premium plan.

  • Investor domains
  • Investor locations
  • Funding rounds
  • Participation history

Verified entity values are shown only after access is granted.

Investments & Acquisitions by AltExchange

Investments
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Investment portfolio details for AltExchange

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  • Portfolio identities
  • Transaction dates
  • Round details
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Financial Statements - AltExchange

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Detailed financials for AltExchange

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  • Profit trends
  • Statement rows
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Altexchange Comparisons

AltExchange Primary company
Description
Fintech platform that provides alternative investment report...
Location
New York, United States
Founded Year
2013
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
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Peer comparison for AltExchange

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Competitors of AltExchange

AltExchange operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Addepar, Altruist, InvestCloud, sei and Avaloq, among others.

Company Name Domain Founded year HQ Location Description
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Wealth management solutions are delivered for investment advisors.
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Portfolio management software for financial advisors
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Investment management software is provided for advisors and institutions.
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Wealth and investment management solutions are offered to institutional investors.
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Cloud-based solutions for financial institutions are provided by Avaloq.
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Asset and wealth management software is provided for businesses.
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Detailed competitors of AltExchange

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  • Domains and locations
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Latest news on Altexchange

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Complete news archive for AltExchange

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  • Source and publication date
  • Older coverage
  • Brand-specific news history

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Frequently Asked Questions about AltExchange

AltExchange was founded in 2013 and raised its 1st funding round 11 years after it was founded.

AltExchange is headquartered in New York, United States. It is registered at New York, New York, United States.

Kareem Hamady is the current CEO of AltExchange. They have also founded this company.

AltExchange is a funded company, having raised a total of $3M across 1 funding round to date.

Founded in 2013 and based in New York, United States, AltExchange operates in the fintech sector, focusing on alternative investments. A data standard is provided for investment management, allowing financial advisors, asset managers, and investors to streamline reporting processes and consolidate data. AI is utilized by the platform to aggregate performance metrics and deliver real-time visibility into alternative investment portfolios.

AltExchange's top competitors include Addepar, Altruist and sei.

AltExchange offers AltExchange Platform and AI-Driven Reporting Tool.

AltExchange has 4 investors. Key investors include iCapital, Motley Fool Ventures, Broadhaven Ventures, and Ritholtz Wealth Management.

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