Alpaca

Financial Software · San Mateo, CA · Founded 2013 · Privately Held (backing)

Developer of a modern brokerage platform designed to access financial markets with a developer-friendly application programming interface. Alpaca is based in San Mateo, CA and was founded in 2013. It was valued at $1.1 billion at its later-stage round in Jan 2026, the last priced event on record. It has raised $344 million across 1 recorded round; the latest was a $50 million Series B in Aug 2021.

PMV mark · valuation
$1.1B
Oct 2026
Priced at
its later-stage round
Jan 2026
Total raised
$343.8M
Last round
Later Stage VC (Series B)
Aug 2021
What is Alpaca worth?
$1.1BPrivateMarketView mark · Oct 2026

Valued at $1.1B at its later-stage round, Jan 2026. Nothing has traded since.

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Valuation timeline

0 priced rounds · 32 daily marks since · Sep 2026 – Oct 2026
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Markrounds hold their value until the next priced eventMark, today
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Alpaca funding history

1 rounds
DateRoundRaisedPost-money
Aug 2021Later Stage VC (Series B)$50.0M▮
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Alpaca valuation

Alpaca was valued at $1.1 billion at its later-stage round in Jan 2026. That is the last priced event on record: no secondary trade or institutional fund mark has moved the figure since.

How much has Alpaca raised?

Alpaca has raised $344 million in total; 1 of its rounds is on record. The largest on record was a $50 million Series B in Aug 2021.

Comparable companies

Comparable financial software names by valuation on PrivateMarketView: Mesh (San Francisco) ($1 billion), Mintifi ($850 million) and Zama ($840 million).

How Alpaca's valuation is determined

Private company valuations aren’t quoted on an exchange — they’re established in moments: a priced funding round sets a post-money valuation, secondary trades print at a price per share, and SEC-registered funds holding the stock report fair-value marks in their N-PORT filings.

For Alpaca, the most current credible signal sets the number and the older ones confirm it: a live secondary-market price first, then three or more recent prints, then institutional fund marks, and otherwise the last priced round, which never decays. The valuation is the last round’s post-money moved by the price change since that round, so no share count is assumed. Today it is set by its last priced round. Question about this number? Full methodology →

Frequently asked about Alpaca

What is Alpaca worth?
Alpaca is valued at $1.1B as of Oct 2026. Valued at $1.1B at its later-stage round, Jan 2026. Nothing has traded since.
How much has Alpaca raised?
Alpaca has raised $343.8M in total funding across 1 recorded rounds.
When did Alpaca last raise?
Alpaca last raised in Aug 2021 (Later Stage VC (Series B)), raising $50.0M.