Nevis, an AI platform for wealth management, raised a $70 million Series B. EQT Ventures led the round. Charles Schwab and QuantumLight joined as new strategic investors.
Funding details
The Series B brings Nevis's total funding to $110 million since its late 2024 launch. Sequoia Capital, ICONIQ, and Ribbit Capital also expanded their commitments. EQT Ventures partner Carolina Brochado joined the company's board.
Company momentum
Nevis reports revenue grew more than 25x in 2026. It says assets on its platform rose from $50 billion to $700 billion over the same period. Customers include Focus Financial Partners, IEQ Capital, and United Capital.
What the platform does
Nevis brings CRM, meeting intelligence, financial planning, and custodial workflows into a single platform. Its AI agents handle operational tasks such as paperwork and account opening. The company says its agents have completed more than 100,000 operational tasks.
The company plans to use the funding to expand agent capabilities and deepen integrations. It will also grow its product and go-to-market teams. Nevis reports new assets are being added at a run rate of $75 billion each month.