Alpaca, a self-clearing broker-dealer and brokerage infrastructure API, announced its $52 million Series C funding round today from its new office in Manhattan, New York. This significant milestone further accelerates Alpaca’s global expansion and development of its industry-leading product offerings.
This round saw participation from both new and returning investors, including Derayah Financial, 850 Management, National Investments Company (NIC), Unbound, and Portage Ventures. The participation of returning investors underscores their continued confidence in Alpaca's vision and execution.
With this raise, Alpaca sets its sights on continued global expansion, serving both enterprise institutions and fintechs across key regions like the US, the Middle East, and Asia. This will add to the 200+ global partners from 40+ countries already supported by Alpaca’s institutional-grade APIs and self-clearing custody—actively powering over 5 million brokerage accounts today.
The company remains committed to building the global de facto standard infrastructure for investing. Alpaca currently offers global access to stocks, ETFs, options, crypto, and fixed income with imminent plans to launch 24/5 trading driven by the company’s underlying vision and growing global investor appetite for continuous access to financial markets. As of Q4 2024, overseas investors owned $16.5 trillion, or 18%, of US equities—the highest share on record, according to US Federal Reserve data. Plans to launch Fully Paid Securities Lending are also just around the corner.
Alpaca had a landmark year in 2024, launching key products like US options trading, instant funding support, FIX API, and High-Yield Cash and IRA accounts. They also delivered multiple enhancements to their current offerings, including Local Currency Trading API, fractional share trading, and entity account onboarding. With the Series C announcement, Alpaca will continue to build upon its robust API infrastructure, accelerating product development across both global regions and asset classes.
“We have always been focused on enabling access and opportunity for everyone on the planet. This new chapter allows us to expand our efforts globally, supporting our partners and customers with the tools and infrastructure they need to thrive in modern financial markets,” said Yoshi Yokokawa, Alpaca’s Co-Founder & CEO. “This funding round is a testament to the hard work and dedication of our team and the strong partnerships we have built. We are excited to embark on this next phase of growth and deliver even more value to our customers globally.”
About Alpaca
Alpaca is a US-headquartered self-clearing broker-dealer and brokerage infrastructure for stocks, ETFs, options, and crypto– raising over USD170 million in funding. Alpaca is backed by top-tier investors globally, including Portage Ventures, Spark Capital, Tribe Capital, Social Leverage, Horizons Ventures, Unbound, SBI Group, Derayah Financial, Elefund, and Y Combinator.
Alpaca Securities LLC and the entities referenced in this article are not affiliated and are not responsible for the liabilities of the other.
The testimonials, statements, and opinions presented on the website are applicable to the specific individuals. It is important to note that individual circumstances may vary, and may not be representative of the experience of others. There are no guarantees of future performance or success. The testimonials are voluntarily provided and are not paid, nor were they provided with free products, services or any other benefit in exchange for said statements.
Options trading is not suitable for all investors due to its inherent high risk, which can potentially result in significant losses. Please read Characteristics and Risks of Standardized Options before investing in options.
Fractional share trading allows a customer to buy and sell fractional share quantities and dollar amounts of certain securities. Fractional share trading presents unique risks and is subject to particular limitations that you should be aware of before engaging in such activity. See the Alpaca Customer Agreement at https://alpaca.markets/disclosures for more details.
High-Yield Cash API is subject to, among other things, Alpaca’s API terms and conditions. In addition, customer access to the FDIC Bank Sweep is subject to, among other things, the Alpaca Customer Agreement, Alpaca Terms and Conditions, and the Alpaca FDIC Bank Sweep Program Terms and Conditions. Please see alpaca.markets/disclosures for further information and important disclosures.
Orders placed outside regular trading hours (9:30 a.m. – 4:00 p.m. ET) may experience price fluctuations, partial executions, or delays due to lower liquidity and higher volatility.
Orders not designated for extended hours execution will be queued for the next trading session.
Additionally, fractional trading may be limited during extended hours. For more details, please review Alpaca’s Extended Hours Trading Risk Disclosure.
Please read Important Risk Disclosures With Respect To Participating In Fully Paid Securities Lending Transactions carefully before deciding whether to participate in lending Fully Paid Securities or agreeing to enter into a Master Securities Lending Agreement with Alpaca Securities LLC. These disclosures describe important characteristics of, and risks associated with engaging in, securities-lending transactions.
Please review important Retirement Account Disclosures at https://alpaca.markets/disclosures before deciding to open an individual retirement account.
Please note that this article is for general informational purposes only and is believed to be accurate as of the posting date but may be subject to change. Alpaca Crypto LLC does not recommend any specific cryptocurrencies. Alpaca does not provide investment, tax, or legal advice. Please consult your own independent advisor as to any investment, tax, or legal statements made herein.
All investments involve risk and the past performance of a security, or financial product does not guarantee future results or returns. There is no guarantee that any investment strategy will achieve its objectives. Keep in mind that while diversification may help spread risk, it does not assure a profit, or protect against loss. There is always the potential of losing money when you invest in securities, or other financial products. Investors should consider their investment objectives and risks carefully before investing.
Cryptocurrency is highly speculative in nature, involves a high degree of risks, such as volatile market price swings, market manipulation, flash crashes, and cybersecurity risks. Cryptocurrency regulations are continuously evolving, and it is your responsibility to understand and abide by them. Cryptocurrency trading can lead to large, immediate and permanent loss of financial value. You should have appropriate knowledge and experience before engaging in cryptocurrency trading. For additional information, please click here.
Securities brokerage services are provided by Alpaca Securities LLC ("Alpaca Securities"), member FINRA/SIPC, a wholly-owned subsidiary of AlpacaDB, Inc. Technology and services are offered by AlpacaDB, Inc.
Cryptocurrency services are made available by Alpaca Crypto LLC ("Alpaca Crypto"), a FinCEN registered money services business (NMLS # 2160858), and a wholly-owned subsidiary of AlpacaDB, Inc. Alpaca Crypto is not a member of SIPC or FINRA. Cryptocurrencies are not stocks and your cryptocurrency investments are not protected by either FDIC or SIPC. Please see the Disclosure Library for more information.
This is not an offer, solicitation of an offer, or advice to buy or sell securities or cryptocurrencies or open a brokerage account or cryptocurrency account in any jurisdiction where Alpaca Securities or Alpaca Crypto, respectively, are not registered or licensed, as applicable.
