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Valuation

$2.9B

2024 Revenue

$75M

Funding

$0

Team · 2025

346

Founded

2012

DriveWealth Revenue & Valuation (2024)

Providing brokerage as a service, with an end-to-end embedded investing solution reinventing brokerage

Last updated

DriveWealth Revenue

In 2024, DriveWealth's revenue reached $75M. The company previously reported $100M in 2024. Since its launch in 2012, DriveWealth has shown consistent revenue growth.

DriveWealth Revenue GrowthReported revenue / ARR over time$0$20M$40M$60M$80M2012201420162018202020222024$0$75MSource: GetLatka.com
YearMilestoneSource
2024DriveWealth Hit $75m revenue in November 2024
2012Launched with $0 revenue

DriveWealth Valuation, Funding Rounds

DriveWealth's most recent disclosed valuation is $2.9B.

DriveWealth Capital Raised & ValuationCumulative capital raised and post-money valuation by roundCapital raised (cum.)Valuation$0$0$0.2$0.2$0.4$0.4$0.6$0.6$0.8$0.8$1$12012Source: GetLatka.com
YearRoundAmountValuation% SoldSource

Founder / CEO

Michael Blaugrund

CEO

Michael Blaugrund is listed as CEO at DriveWealth.

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Customers

We do not have customer count information for DriveWealth yet.

DriveWealth Employees & Team Size

DriveWealth employs approximately 346 people as of 2026, up from 297 in 2024.

DriveWealth Team GrowthReported headcount over time0751502253003752012201420162018202020222024202500298298346346Source: GetLatka.com
YearMilestoneSource
2025Reached 346 employees (November 2025)
2025Reached 298 employees (January 2025)
2024Reached 297 employees (November 2024)

Frequently Asked Questions about DriveWealth

What is DriveWealth's revenue?

DriveWealth generates $75M in revenue.

Who founded DriveWealth?

DriveWealth was founded by Michael Blaugrund.

Who is the CEO of DriveWealth?

The CEO of DriveWealth is Michael Blaugrund.

How much funding does DriveWealth have?

DriveWealth raised $0.

How many employees does DriveWealth have?

DriveWealth has 346 employees.

Where is DriveWealth headquarters?

DriveWealth is headquartered in New York, New York, United States.

Data and Sources

All figures on this page are taken directly from interviews or are estimates from public sources and proprietary models. Not financial advice. Read full disclaimer.

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