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DriveWealth

DriveWealth

Private
New York City, New YorkFinTechhttps://www.drivewealth.com/

Last Round

Series D

Aug 20, 2021

Est. Valuation

$2.85B

Total Funding Raised

$535.9M

Momentum

Top 25%

of companies Caplight tracks

Company Overview

DriveWealth is a financial technology company that provides embedded finance and API-driven brokerage infrastructure for real-time fractional trading in the U.S. equities market.

Sector

FinTech

Verticals

Investment Platforms, Wealth Management, Digital Banking, API Management

Business Model

B2B2C

Customer Profile

Payment Processing Fee, Usage-Based SaaS

AI Layer

Application

Keywords

brokerage-as-a-serviceembedded investingfractional tradingAPI-driven brokerageembedded financefixed-income investingwhite-label investingstock trading APIdigital private bankingwealth management toolsneobank infrastructurefintech infrastructureinvestment APItrading infrastructureB2B2C

Historical Pricing

Historical view of private secondary pricing and transaction trends.

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Caplight Momentum Score

Proprietary index based on bid/ask volume and sentiment.

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Track how buyer interest and sentiment changes over time.

DriveWealth Comparables

Compare DriveWealth with similar companies based on industry and business-model similarity.

DriveWealth comparables — related companies by embedding similarity
CompanySimilarityMarket Cap
Alpaca
85%
Apex Fintech Solutions
84%
Alpaca
81%

DriveWealth Funding Rounds

Historical fundraising activity

Data table
RoundDateAmount RaisedValuationInvestorsSources
Series DAug 20, 2021
Series COct 27, 2020
Series BApr 4, 2018
Series AApr 28, 2015
SeedMar 24, 2012

Key People

Founding team and executive leadership

David Grant

Chief Executive Officer, Asia

Executive Team

Aaron Sokasian

Chief Technology Officer

Executive Team

Marcus Anthony

Chief Financial Officer

Executive Team

Anthony Ilario

Head of Operations COO

Executive Team

DriveWealth Investors

Notable investors and investment history

Market signals

Structured signals derived from secondary market and firmographic data.

  • Jul 24, 2026

    Monthly visitors increased 34% MoM to 113.6K.

  • Apr 25, 2026

    Expanding commercial presence into Mexico with new executive hire.

Recent news

Latest coverage and updates

  • partners_withOct 16, 2026

    DriveWealth, LLC partners with Ascend Money Group to offer U.S. equities inside the TrueMoney app through Webull Securities (Thailand), including fractional investing from 30 baht.

  • launchesOct 15, 2026

    DriveWealth, LLC plans to introduce RLUSD settlement and cross-border payments through a global brokerage network, beginning in Europe before a planned United States expansion, as announced on Oct 14th '26.

  • partners_withOct 15, 2026

    DriveWealth, LLC and Truemoney are partnering to offer U.S. equities through Truemoney's digital wallet, which the companies say serves more than 30 million users, with Webull Securities Thailand providing the licensed investment service and DriveWealth, LLC supplying brokerage infrastructure.

  • expands_offices_inOct 15, 2026

    DriveWealth, LLC expands its presence in Thailand through a partnership with TrueMoney, bringing investment opportunities to more users across the country.

  • partners_withOct 15, 2026

    On Oct 15th '26, DriveWealth, LLC and Ripple announce a partnership to modernize how money moves, settles, and is managed across DriveWealth, LLC's global investing infrastructure and accelerate its move to digital financial rails.

DriveWealth Filings

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DriveWealth filings preview — column headings only; records require access
TypeDateAmount OfferedAmount SoldFilingPagesDownload

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Frequently Asked Questions

Common questions about DriveWealth's valuation, stock price, and market status.

Is DriveWealth a public or private company?

DriveWealth is a private company.

What is the current stock price of DriveWealth?

DriveWealth is a private company, so its shares have no public market price. Caplight tracks DriveWealth's secondary market activity and provides MarketPrice™ estimates of its share price to Caplight users.

How much is DriveWealth worth (valuation)?

DriveWealth's valuation is estimated at $2.9B based on funding round data.

Can I buy DriveWealth stock?

DriveWealth shares may be available on secondary markets subject to transfer restrictions. Caplight facilitates secondary market transactions for accredited investors.

When was DriveWealth's last funding round?

DriveWealth's most recent funding round was Series D on August 20, 2021.

Who are the main investors in DriveWealth?

Key investors in DriveWealth include Steven & Alexandra Cohen Foundation, Route 66 Ventures, Insight Partners, SBI Holdings, Accel.

Will DriveWealth IPO soon?

No public IPO plans have been announced for DriveWealth.

How can I track DriveWealth secondary market activity?

Caplight tracks bids, offers, and trades in DriveWealth's shares on secondary markets.

Firmographic Details

HeadquartersNew York City, New York
Employee Range286
Year Founded2012
Last FundingAug 20, 2021

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