Nevis Raises $40 Million to Accelerate AI Innovation in Wealth Management

Nevis, the first unified AI platform built for wealth management, led by Mark Swan, Philipp Burda, and Ivan Chalov, has secured $35 million in Series A from Sequoia Capital, ICONIQ, and Ribbit Capital, bringing the total funding to $40 million in under a year.

Nevis enables advisors to complete operational work end to end, covering meeting preparation, client follow-ups, account openings, and ongoing service. The goal is straightforward: remove administrative burden so advisors can focus fully on growth and client relationships. Nevis already supports RIAs overseeing more than $50 billion in assets and is onboarding new firms at a rapid pace.

Nevis automates advisor operations end to end, meeting prep, client follow-ups, account openings, and ongoing service. By removing the administrative load, we help firms focus on growth and delivering exceptional client experiences. Today, Nevis supports RIAs managing more than $50B in assets and is rapidly expanding.

Nevis customers include some of the fastest-growing wealth management firms in the United States, from national RIAs with hundreds of advisors to multi-family offices serving ultra-high-net-worth households. Despite their differences, all share a common priority: scaling efficiently without compromising the quality of their service.

What customers say about Nevis

“Every so-called ‘AI wealth tech’ has been evaluated, but Nevis stood apart as the only purpose-built, modern platform reimagining the advisor experience from the ground up. Instead of attaching AI to legacy systems, it uses AI to transform how the firm operates.”

 — Dave Breslin, EVP, GC Wealth

“Nevis will reshape our technology stack with AI-enabled capabilities that materially enhance daily work and client service. The platform’s ability to unify systems delivers true ease of use and efficiency, giving teams more time with clients.”

 — Jim Rivers, President, United Capital

“Nevis approaches the industry’s hardest problems from a completely different angle. Deep global experience informs solutions to real, firm-specific operational challenges. The leadership team’s track record managing complex, multinational operations is a breath of fresh air.”

 — Brad Goodman, COO, Apollon Wealth Management

“Nevis represents a genuine partnership for forward-thinking RIAs. The platform’s depth and workflow automation are exactly what the industry needs. After meeting Nevis early in its journey, the product vision clearly exceeded that of competitors, particularly given the challenges created by managing client data across 30+ systems.”

 — Michael Dodds, President, Dodds Wealth