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Valuation

$7.5B

2024 Revenue

$115M

Funding

$1.3B

Team

2K

Founded

2013

How iCapital CEO Lawrence Calcano grew iCapital to $115M revenue with a 1969 person team in 2024.

Powering the world's alternative investment marketplace, offering a suite of tools, end-to-end enterprise solutions and an innovative operating system

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iCapital Revenue

In 2024, iCapital's revenue reached $115M. Since its launch in 2013, iCapital has shown consistent revenue growth.

iCapital Revenue GrowthReported revenue / ARR by year$0$25M$50M$75M$100M$125M2013201520172019202120232024$0$115MSource: GetLatka.com
YearMilestoneQuote
2024iCapital Hit $115m revenue in June 2024
2013Launched with $0 revenue

iCapital Valuation, Funding Rounds

iCapital reached a $7.5B valuation in 2025, set during its Series F round.

iCapital has raised $1.3B in total funding across 3 rounds, most recently a $820M Series F round in 2025.

iCapital Capital Raised & ValuationCumulative capital raised and post-money valuation by roundCapital raised (cum.)Valuation$0$2B$4B$6B$8B20132015201720192021202320252013 cumulative: $0 • 2013 Founded: $02021 cumulative: $50M • 2013 Founded: $0 • 2021 Series D: $50M2021 cumulative: $490M • 2013 Founded: $0 • 2021 Series D: $50M • 2021 Series E: $440M2025 cumulative: $1B • 2013 Founded: $0 • 2021 Series D: $50M • 2021 Series E: $440M • 2025 Series F: $820M @ $8B valuation$1B2013 Founded: $0 valuation2025 Series F: $8B valuation$8BSource: GetLatka.com
YearRoundAmountValuation% SoldQuote
2025Series F$820M$7.5B11%
2021Series E$440M--
2021Series D$50M--

Founder / CEO

Lawrence Calcano

Lawrence Calcano is listed as Founder / CEO at iCapital.

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Customers

We do not have customer count information for iCapital yet.

iCapital Employees & Team Size

iCapital employs approximately 2K people as of 2026, up from 1.6K in 2024.

iCapital Team GrowthReported headcount over time05001,0001,5002,0002,5002013201520172019202120232025001,9691,969Source: GetLatka.com
YearMilestone
2025Reached 2K employees (November 2025)
2025Reached 2K employees (November 2025)
2024Reached 1.6K employees (November 2024)

Frequently Asked Questions about iCapital

What is iCapital's revenue?

iCapital generates $115M in revenue.

Who founded iCapital?

iCapital was founded by Lawrence Calcano.

Who is the CEO of iCapital?

The CEO of iCapital is Lawrence Calcano.

How much funding does iCapital have?

iCapital raised $1.3B.

How many employees does iCapital have?

iCapital has 2K employees.

Where is iCapital headquarters?

iCapital 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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iCapital Revenue 2024: $115M ARR, $7.5B Valuation