About Wealthfront
Wealthfront is a company based in Palo Alto (United States) founded in 2008 by Daniel Carroll. It operates as a FinTech, and Subscription Services. Wealthfront has raised $204.67 million across 6 funding rounds from investors including Social Capital, Ribbit Capital and Tiger Global. Wealthfront has completed 1 acquisition, including Grove. Wealthfront offers products and services including Cash Account, Automated Investing Account, and S&P 500 Direct. Wealthfront operates in a competitive market with competitors including Betterment, Stash, Wealthsimple, Wahed and SigFig, among others.
- Headquarter Palo Alto, United States
- Founders Daniel Carroll
- Stage Public
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Sectors
Technology
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Email
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Phone
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Website
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Social
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- Legal Name Wealthfront Corporation
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$204.67 M (USD)
in 6 rounds
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Latest Funding Round
$75 M (USD), Series E
Jan 04, 2018
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Investors
Social Capital
& 22 more
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Employee Count
Employee Count
- Investments & Acquisitions
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IPO & Listings of Wealthfront
Wealthfront is a publicly listed company on the NASDAQ with ticker symbol WLTH in USA, operating in the Technology services sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
Products & Services of Wealthfront
Wealthfront offers a comprehensive portfolio of products and services, including Cash Account, Automated Investing Account, and S&P 500 Direct. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
High-yield cash account with easy access provided.
Automated portfolios are managed for optimal returns.
Direct S&P 500 stock investment is offered.
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Product Management Team
20 people
Software Development Team
20 people
Legal and Compliance
13 people
Operations Team
10 people
Human Resources and Administration
4 people
Finance and Accounting
4 people
Data Analysis and Operations Team
3 people
Leadership Team
2 people
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Funding Insights of Wealthfront
Wealthfront has successfully raised a total of $204.67M across 6 strategic funding rounds. The most recent funding activity was a Series E round of $75 million completed in January 2018. 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.
- Total Funding Total Funding
- Total Rounds 6
- Last Round Series E — $75.0M
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First Round
First Round
(01 Jun 2008)
- Investors Count 23
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jan, 2018 | Amount | Series E - Wealthfront | Valuation | Tiger Global Management | |
| Oct, 2014 | Amount | Series D - Wealthfront | Valuation | Spark Capital | |
| Apr, 2014 | Amount | Series C - Wealthfront | Valuation | Index Ventures , Ribbit Capital |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
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Investors in Wealthfront
Wealthfront has secured backing from 23 investors, including venture fund and angel investors. Prominent investors backing the company include Social Capital, Ribbit Capital and Tiger Global. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Venture and private equity investments are managed with global diversification.
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Founded Year | Domain | Location | |
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Venture capital investments are offered to promising startups.
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Founded Year | Domain | Location | |
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Mid-stage venture capital investments and support for tech entrepreneurs.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Wealthfront
Wealthfront has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Grove. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Personalized financial advisory services are delivered via an online platform.
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2015 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Wealthfront
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Wealthfront Comparisons
Competitors of Wealthfront
Wealthfront 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 Betterment, Stash, Wealthsimple, Wahed and SigFig, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
App-based automated investment and retirement planning platform
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| domain | founded_year | HQ Location |
Automated investment and robo-advisory services are offered to individuals.
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| domain | founded_year | HQ Location |
Online robo advisory and stock trading services are provided.
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| domain | founded_year | HQ Location |
Shariah-compliant investments and savings are offered to individuals.
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| domain | founded_year | HQ Location |
Investment accounts are linked and portfolios managed online.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Wealthfront
Frequently Asked Questions about Wealthfront
When was Wealthfront founded?
Wealthfront was founded in 2008.
Where is Wealthfront located?
Wealthfront is headquartered in Palo Alto, United States. It is registered at Palo Alto, California, United States.
Is Wealthfront a funded company?
Wealthfront is a funded company, having raised a total of $204.67M across 6 funding rounds to date. The company's 1st funding round was a Series C of $35M, raised on Jun 01, 2008.
What does Wealthfront do?
Wealthfront is established as a prominent robo-advisor platform offering automated investment solutions. Services are provided in cash management, personalized investment portfolios, and direct SP 500 stock investments. Tax optimization strategies like Tax-Loss Harvesting are integrated to enhance client returns. The platform caters to individual investors seeking low-fee, technology-driven financial management across diverse risk profiles. Operations have been sustained since 2011, focusing on simplifying personal finance.
Who are the top competitors of Wealthfront?
Wealthfront's top competitors include Betterment, Wealthsimple and Stash.
What products or services does Wealthfront offer?
Wealthfront offers Cash Account, Automated Investing Account, and S&P 500 Direct.
Is Wealthfront publicly traded?
Yes, Wealthfront is publicly traded on NASDAQ under the ticker symbol WLTH.
How many acquisitions has Wealthfront made?
Wealthfront has made 1 acquisition, including Grove.
Who are Wealthfront's investors?
Wealthfront has 23 investors. Key investors include Social Capital, Ribbit Capital, Tiger Global, Benchmark, and DAG Ventures.
What is Wealthfront's ticker symbol?
The ticker symbol of Wealthfront is WLTH on NASDAQ.
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