Who are iCapital's investors?

iCapital's investors include Activant Capital, Cota Capital, Goldman Sachs, Hamilton Lane, Ping An, SurgoCap Partners, T. Rowe Price.

How much funding has iCapital raised?

iCapital has disclosed $820M raised across 1 of its 2 known rounds.

iCapital

7 known investors

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iCapital operates a platform that provides wealth managers and financial advisors access to structured investments, annuities, and defined outcome ETF solutions through integrated marketplaces, educational resources, and portfolio management tools. The platform serves financial professionals seeking to incorporate risk-managed investment products into client portfolios.

Enterprise Software Fintech SaaS

Founders & leadership

Lawrence Calcano Lawrence Calcano is Chairman and CEO of iCapital, a fintech platform providing wealth managers and financial advisors access to structured investments and portfolio management tools. He previously held the position of Partner and Managing Director at Goldman Sachs leading the Global Technology Banking Group, and earlier worked at Morgan Stanley. He holds a BA from Holy Cross and an MBA from Dartmouth's Tuck School.

Investors · 7

Activant Capitallisted by Activant CapitalNew York · $3M – $40M

How we know: the VCSheet dataset · Not right? Tell us

Cota Capitallisted by Cota CapitalSan Francisco

Goldman SachsreportedNew York

How we know: funding news · Not right? Tell us

Hamilton LanereportedConshohocken

How we know: funding news · Not right? Tell us

Ping AnreportedShenzhen

How we know: funding news · Not right? Tell us

SurgoCap PartnersreportedNew York

How we know: icapital.com · Not right? Tell us

T. Rowe PricereportedBaltimore

How we know: funding news · icapital.com · Not right? Tell us

Funding

SEC filings, press & company announcements

$820M disclosed across 1 of 2 rounds · 2021–2025

$820MraisedJul 2025 · 2 sources
SurgoCap Partners (lead), T. Rowe Price Investment Management, Inc. (lead)
Source ↗

Source: company announcements and press reports — follow each round's link for the claim.

In the news

iCapital Review 2026: Fees, Access & Conflicts Explainedangelinvestorsnetwork.com · Aug 2026

iCapital® Completes Over $820 Million Capital Raise, Valuation Surpasses $7.5 Billion - iCapitalicapital.com · Jul 2025

iCapital Network® Raises $440 Million in Latest Funding Round to Enhance Client Offerings - iCapitalicapital.com · Jul 2021

Frequently asked questions

What does iCapital do?: iCapital operates a platform that provides wealth managers and financial advisors access to structured investments, annuities, and defined outcome ETF solutions through integrated marketplaces, educational resources, and portfolio management tools. The platform serves financial professionals seeking to incorporate risk-managed investment products into client portfolios.
Who are iCapital's investors?: iCapital's investors include Activant Capital, Cota Capital, Goldman Sachs, Hamilton Lane, Ping An, SurgoCap Partners, T. Rowe Price.
How much funding has iCapital raised?: iCapital has disclosed $820M raised across 1 of its 2 known rounds.