CAIS Raises $170 Million Series D Led by Vista Equity Partners

CAIS, a technology platform that serves independent financial advisors with an end-to-end operating system for alternative investments, closed a $170 million Series D on July 29, 2026. The round was led by Vista Equity Partners at a valuation above $2 billion, with multiple other private markets and wealth-management firms (including Carlyle, Blue Owl, Fortress, Golub Capital, Lord Abbett, AllianceBernstein, and RBC) taking minority stakes. Proceeds will be used to expand the platform, scale technology/AI capabilities, and pursue strategic opportunities, likely including acquisitions.