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Nevis Raises $35M in Series A Funding
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Nevis, a NYC-based provider of an AI platform for wealth management, raised $35M in Series A funding.
The round was led by Sequoia Capital, ICONIQ, and Ribbit Capital.
The raise brought the total amount to $40M, following a $5M seed round which was led by Sequoia.
As part of the round, Sequoia’s Luciana Lixandru joined the Nevis board.
The company intends to use the funds to expand operations and its development efforts.
Nevis was founded by Mark Swan (CEO), Philipp Burda (CPO), and Ivan Chalov (COO), Nevis AI tools that help financial advisors automate their administrative workflows end-to-end, helping wealth management firms serve more clients.
Customers include wealth management firms of all sizes, from national RIAs serving high-net-worth clients like United Capital and Apollon Wealth Management, to firms focused on ultra-high-net-worth families like GC Wealth.
source[FinSMEs]
The round was led by Sequoia Capital, ICONIQ, and Ribbit Capital.
The raise brought the total amount to $40M, following a $5M seed round which was led by Sequoia.
As part of the round, Sequoia’s Luciana Lixandru joined the Nevis board.
The company intends to use the funds to expand operations and its development efforts.
Nevis was founded by Mark Swan (CEO), Philipp Burda (CPO), and Ivan Chalov (COO), Nevis AI tools that help financial advisors automate their administrative workflows end-to-end, helping wealth management firms serve more clients.
Customers include wealth management firms of all sizes, from national RIAs serving high-net-worth clients like United Capital and Apollon Wealth Management, to firms focused on ultra-high-net-worth families like GC Wealth.
source[FinSMEs]
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