- Companies
- Moonfare
Moonfare Valuation, Funding & Investors
Moonfare is valued at $600M as of March 2022.
Last Moonfare valuation
$600M
Series C · Mar 2022
Last Moonfare funding round
$15M
Series C · Feb 2023
Cumulative funding Moonfare raised
$175M
across 4 funding rounds
Key investors in Moonfare
Insight Partners
Vitruvian Partners
Fidelity International Strategic Ventures
7GC & Co
About Moonfare
Moonfare is a Berlin-based fintech, founded in 2016, that gives high-net-worth and accredited individual investors direct access to private equity and venture capital funds, with entry points as low as around $125,000. The platform partners with more than 75 fund managers, including KKR, Carlyle, Permira, and EQT, after a due-diligence process that selects fewer than 5% of funds it reviews. Moonfare operates in 13 countries and also runs a digital secondary market, launched in 2021 with Lexington Partners, to give investors liquidity on their fund holdings.
Founded
2016
HQ
Website
Status
Privately held
Customer focus
B2C
Revenue model
Commission
Valuation
$600M (Mar 2022)
Moonfare Valuation
Moonfare is currently valued at $600M, based on its Series C in March 2022.
The $35M round was led by Vitruvian Partners.
Moonfare valuation by funding round
| Date | Stage | Valuation |
|---|---|---|
| Mar 2022 | Series C | $600M |
Moonfare Funding History
Moonfare has raised a total of $175M across 4 funding rounds.
Moonfare's first fundraising round was a Series B in March 2021. The most recent completed round was a $15M Series C in February 2023.
Moonfare funding rounds
| Date | Stage | Investors | Raised | Valuation | Deal Summary |
|---|---|---|---|---|---|
| Feb 2023 | Series C | 7GC & Co | $15M | - | Moonfare is a direct-to-consumer platform providing access to top-tier private equity and venture capital funds for accredited investors. It partners with 75 leading funds including Khosla, Permira, EQT, and Carlyle, serving a community of 50,000 members and over 3,500 accredited investors. In February 2023, 7GC & Co participated in a $15 million extension to Moonfare's Series C round, which totaled $140 million overall, with 40 investors independently confirming the valuation. 7GC's investment represented less than 10% of the extension and less than 1% of the full Series C. The extension aimed to meet growing demand from individual investors and advisors for private equity investments. |
| Mar 2022 | Series C | Vitruvian Partners (lead) | $35M | $600M | Moonfare is a Berlin-based fintech platform founded in 2016 that democratizes access to private equity and alternative assets for high-net-worth individuals, offering curated funds from top managers like KKR, Carlyle, Permira, and EQT with a low entry point of around $125,000. The platform conducts rigorous due diligence, selecting less than 5% of funds, and has expanded into new asset classes like impact and philanthropy. In March 2022, Moonfare closed a Series C extension raising $35 million led by Vitruvian Partners, following a $125 million Series C in November 2021 led by Insight Partners; other participants included Bordier & Cie, with some reports noting $15 million in fresh investments at close. The round valued Moonfare at over $600 million, described as a record and slightly higher than the prior Series C, to fund US expansion after launches in Europe, Hong Kong, and Singapore, aiming for global scale amid trends in retail private equity and digitization. As of March 2022, Moonfare reported €1.6 billion in assets under management (up 150% YoY), over 3,000 clients (up 40%), 3,393 investors, and a registered user community exceeding 48,000, with funds offered growing 73% to 69. |
| Nov 2021 | Series C | Insight Partners (lead) | $125M | - | Moonfare is a digital private equity investment platform that provides individual investors with access to top-tier private equity and venture capital funds at low minimums through a seamless digital experience. The platform operates in 13 countries, offers customized solutions for different regulatory requirements, and includes a digital secondary market for liquidity launched in January 2021 with Lexington Partners. By September 2021, Moonfare reached €1 billion in assets under management, doubling from €500 million in just eight months. On November 2, 2021, Moonfare announced a $125 million Series C funding round led by Insight Partners, bringing total funding raised to $185 million across prior rounds. The capital is earmarked for developing innovative investment solutions and accelerating international expansion, leveraging Insight Partners' operational support and network. This round positions Moonfare as an international leader in democratizing private market access for individuals, family offices, banks, and advisors. Insight Partners highlighted Moonfare's rapid establishment in the expanding private markets sector, praising its curated fund selection and scalable platform. The company expanded its fund offerings from 40 to 69 by late 2021, adding impact investing and other asset classes. |
| Mar 2021 | Series B | Fidelity International Strategic Ventures (lead) | - | - | Moonfare raised a Series B round led by Fidelity International Strategic Ventures, the venture arm of Fidelity International, which took a minority equity stake in the Berlin-based private markets platform. The investment came with an exclusive distribution partnership under which Moonfare gives Fidelity's professional and wholesale clients across Europe access to private markets funds, starting in April 2021 in Germany, Switzerland, Italy, France and Austria. Christian Staub, managing director for Europe at Fidelity International, joined Moonfare's advisory board. The size of the round was not disclosed. |
Who has invested in Moonfare?
4 investors have backed Moonfare across its funding rounds, including Insight Partners, Vitruvian Partners, Fidelity International Strategic Ventures and 7GC & Co.
Lead investors include Vitruvian Partners, Insight Partners and Fidelity International Strategic Ventures.
Moonfare Investors
| Investor | HQ | Rounds | Role | First check |
|---|---|---|---|---|
| 1 | Lead | Mar 2021 | ||
| 1 | Lead | Nov 2021 | ||
This data is available for Pro users. Sign up to see all 4 Moonfare investors. Start Free Trial | ||||
Benchmark 350K+ Funding Rounds and Disclosed VC Valuation Multiples
Sign up to see data on 350K+ funding rounds and disclosed revenue and EBITDA valuation multiples, from seed, through growth stage, to pre-IPO.
Start Free TrialInvestments by Moonfare
Moonfare has invested in 1 company to date.
Latest investment by Moonfare was on December 1st 2025. Moonfare invested in Altura in their $4M Seed round.
Latest Investments by Moonfare
| Description | - |
| HQ Country | - |
| HQ City | - |
| Deal Date | 1 Dec 2025 |
| Round | Seed |
| Raised | $4M |
| Investors | InnoFinCon; Ascension |
| Valuation | undisclosed |
| EV/Revenue | |
| EV/EBITDA | |
This data is available for Pro users. Sign up to see all Moonfare investments and their VC round multiples. Start Free Trial | |
Moonfare Competitors
Moonfare competitors include listed companies like Nuveen Churchill Direct and Grenke, and private ones like Kast, Progcap, Savvy Wealth and Thetanuts Finance.
| Company | HQ | Status | Revenue | EBITDA | Valuation | Revenue Multiple |
|---|---|---|---|---|---|---|
| Private | $100M | - | $600M | - | ||
| Private | - | - | $600M | - | ||
| Private | $100M | - | $600M | 6.0x | ||
| Publicly listed | $180M | - | $606M | 8.8x | ||
| Private | - | - | $586M | - | ||
| Publicly listed | $1.1B | $218M | $574M | 7.3x |
Moonfare Public Comps
Moonfare is still privately-owned, but its public comps include Nuveen Churchill Direct, Grenke, Jana Small Finance Bank, Velocity Financial, Credit Corp, BFF Bank, Heartland Group, Patria Renda Urbana FII, eGuarantee and Foresight Group Holdings.
| Last FY | EV/Revenue | EV/EBITDA | ||||||
|---|---|---|---|---|---|---|---|---|
| Revenue | EBITDA | Last FY | LTM | 2027E | Last FY | LTM | 2027E | |
| $180M | - | 9.1x | 8.8x | - | - | |||
| $1.1B | $218M | 5.3x | 7.3x | 27.3x | 41.2x | |||
| $350M | - | 2.3x | 1.9x | - | - | |||
| $312M | - | 22.8x | 23.9x | - | - | |||
| $416M | $140M | 2.3x | 2.3x | 6.9x | 6.8x | |||
| $436M | - | 2.5x | 2.4x | - | - | |||
| $187M | $36M | 4.3x | 3.6x | 22.4x | - | |||
| $46M | - | 11.1x | - | - | - | |||
This data is available for Pro users. Sign up to see all Moonfare competitors and their valuation data. Start Free Trial | ||||||||
Common questions about Moonfare
| When was Moonfare founded? | Moonfare was founded in 2016. |
| Where is Moonfare headquartered? | Moonfare is headquartered in Germany. |
| Is Moonfare publicly listed? | No, Moonfare is a private, VC-backed company. |
| What is Moonfare's valuation? | Moonfare was last valued at $600M in its Series C in March 2022. |
| How much funding has Moonfare raised? | Moonfare has raised $175M across 4 funding rounds. |
| What was Moonfare's last funding round? | Moonfare's last funding round was a $15M Series C in February 2023. |
| Who are Moonfare's investors? | Moonfare's investors include Fidelity International Strategic Ventures, Insight Partners, Vitruvian Partners and 7GC & Co. |
| Which companies are comparable to Moonfare? | Companies comparable to Moonfare include Kast, Progcap, Savvy Wealth, Nuveen Churchill Direct, Thetanuts Finance and Grenke. |
| How many companies has Moonfare invested in? | Moonfare has invested in 1 company, including Altura. |
| What was Moonfare's last investment? | In December 2025, Moonfare invested in Altura's $4M seed round alongside InnoFinCon and Ascension. |
See companies similar to Moonfare
Start Your
Free Trial Today
Try Multiples for free for 3 days. Got questions or need a demo? Schedule a call with us below.




