Alpaca

Alpaca is a Fintech startup based in San Mateo, California, United States that has raised $435M in venture capital across 1 funding round since 2015. The company reached Growth stage in July 2026 with a $435M round led by Peak XV. Alpaca's investor base includes 4 institutional funds, with Peak XV leading the most recent equity round.

Alpaca is an agent-first brokerage infrastructure platform that provides APIs for algorithmic trading, white-label brokerage, tokenized securities, and AI-native financial services. Founded in 2015, the company enables fintech developers and AI agents to access stocks, options, cryptocurrency, and tokenized real-world assets through a single regulated connection. Alpaca is FINRA and SIPC registered and operates its own self-clearing infrastructure, giving clients direct market access without intermediary dependencies. Monthly active API users grew approximately four times in the first half of 2026, driven by the rapid adoption of autonomous AI trading agents. In July 2026, the company raised $435 million — comprising $135 million in equity led by Peak XV and approximately $300 million in debt financing from Kraken and BMO — to fund product expansion and global brokerage licensing.