Jump, a prominent artificial intelligence provider for the financial services sector, has successfully closed an $80 million Series B funding round. Led by global software investor Insight Partners, the financing brings the company's total capital raised to $105 million. This new investment is set to accelerate Jump's mission to develop an intelligence and action layer that redefines productivity and growth for modern advisory firms.
Unprecedented Market Adoption
In less than two years since its launch, Jump has demonstrated remarkable growth, scaling its user base from zero to 27,000 financial advisors. The company continues to add more than 2,000 new advisors each month, a trajectory that establishes it as the fastest-growing software application in wealthtech history. This rapid adoption underscores the significant demand for effective AI solutions within the financial advisory community.
The platform's influence now extends to nearly one in ten U.S. financial advisors, making it a core technology for a diverse range of firms. Its client roster includes independent broker-dealers like LPL Financial and Cetera, as well as major institutions such as Allianz Life. Jump's technology has processed a cumulative 183 continuous years of client meetings for firms managing an estimated $12 trillion in assets.
Strategic Vision for Expansion
This new capital infusion is earmarked to fuel Jump's next evolutionary phase, expanding beyond its acclaimed AI meeting assistant. The company aims to build a comprehensive intelligence and AI orchestration layer tailored for modern advisory firms. This strategic pivot is designed to create an AI-native operating system that addresses fundamental industry challenges like operational friction and organic growth.
Looking ahead, Jump is accelerating product innovation to deliver more sophisticated, agentic AI capabilities that move beyond simple automation. These features will proactively identify opportunities, risks, and the next best actions for advisors to take. This development will be backed by enhanced enterprise-grade functionality designed to support complex firm structures and facilitate large-scale deployments.
Investor Confidence and Industry Validation
Investor confidence is high, with lead investor Insight Partners positioning Jump as a category-defining company in financial services AI. Crissy Behrens, a managing director at the firm, praised Jump’s exceptional product velocity, strong enterprise traction, and clear vision. This endorsement underscores the market's belief in Jump's potential to shape the industry's future with its innovative platform.
The sentiment is echoed by key industry partners, including Allianz Life, whose venture arm participated in the round. Eric Thomes, chief distribution officer at Allianz Life, highlighted the power of AI to enhance operations and client service. He commended Jump’s focus on practical, advisor-first innovation that delivers immediate and future value to financial professionals navigating the digital transformation.
The $80 million funding round marks a significant milestone for Jump, solidifying its leadership in the wealthtech AI landscape. This investment not only validates its current success but also equips it to pursue an ambitious vision for the future of financial advice. As the industry continues to embrace artificial intelligence, Jump is well-positioned to drive the next era of advisor productivity, insight, and client engagement.