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# Ridgeline raises $250M Series E at a $1.425B valuation
- URL: https://www.enterprisey.com/ridgeline-raises-250m-series-e-at-a-1-425b-valuation/
- Published: 2026-09-16T21:45:00.000Z
- Updated: 2026-10-26T04:18:29.000Z
- Description: Ridgeline, which sells an AI-based cloud platform for investment managers covering trading, portfolio accounting and compliance, raised a $250M Series E led by its founder and chairman Dave Duffield, who also founded PeopleSoft and co-founded Workday.
- Author: Enterprisey Admin
- Tags: News, Funding, Finance ops

Ridgeline, which sells an AI-based cloud platform for investment managers covering trading, portfolio accounting and compliance, raised a $250M Series E led by its founder and chairman Dave Duffield, who also founded PeopleSoft and co-founded Workday. ([GlobeNewswire release via TechDogs](https://www.techdogs.com/tech-news/globe-newswire/ridgeline-raises-250m-series-e-valuing-ai-native-fintech-at-1425-billion?ref=enterprisey.com); [FinTech Futures](https://www.fintechfutures.com/venture-capital-funding/ridgeline-raises-250m-series-e?ref=enterprisey.com))

Motley Fool Ventures, associates of Smead Capital Management and Patrick O'Shaughnessy also invested. The company says more than $750B in assets is committed to the platform and plans to use the money for AI features, managed services and expansion into Canada and Europe. ([GlobeNewswire release via TechDogs](https://www.techdogs.com/tech-news/globe-newswire/ridgeline-raises-250m-series-e-valuing-ai-native-fintech-at-1425-billion?ref=enterprisey.com); [FinTech Futures](https://www.fintechfutures.com/venture-capital-funding/ridgeline-raises-250m-series-e?ref=enterprisey.com))