AI Wealth Management Platform Nevis Completes $70 Million Series B Funding
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AI wealth management platform Nevis has completed a $70 million Series B funding round, led by EQT Ventures, with participation from Charles Schwab and QuantumLight. Existing investors including Sequoia Capital, ICONIQ Capital, and Ribbit Capital also contributed additional investments. Nevis has raised a total of $110 million over the past two years, with revenue growing more than 25 times in the last 12 months, and the platform's asset scale increasing from $50 billion to over $70 billion. The company has partnered with over 10 RIAs, and the new funds will be used to expand the team and develop new products.
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