--- title: Nevis raises $70M to expand its AI platform for wealth... description: Nevis has raised $70M in a Series B round led by EQT Ventures to expand its AI platform for wealth advisers. Charles Schwab and QuantumLight joined as new... canonical: https://daily.dev/posts/nevis-raises-70m-to-expand-its-ai-platform-for-wealth-advisers-qk2aglw9o twitter:card: summary_large_image twitter:site: @dailydotdev og:type: website og:site_name: daily.dev og:title: Nevis raises $70M to expand its AI platform for wealth advisers | daily.dev og:description: Nevis has raised $70M in a Series B round led by EQT Ventures to expand its AI platform for wealth advisers. Charles Schwab and QuantumLight joined as new... og:url: https://daily.dev/posts/nevis-raises-70m-to-expand-its-ai-platform-for-wealth-advisers-qk2aglw9o og:image: https://api.daily.dev/og/posts/QK2AgLW9o.png og:image:alt: Nevis raises $70M to expand its AI platform for wealth advisers og:image:width: 1200 og:image:height: 630 og:locale: en --- > ## Documentation Index > Fetch the complete documentation index at: https://daily.dev/llms.txt > Use this file to discover all available pages before exploring further. # Nevis raises $70M to expand its AI platform for wealth advisers **[The Next Web](https://daily.dev/sources/tnw)** · 2 min read · 0 upvotes · 0 comments ## Summary Nevis has raised $70M in a Series B round led by EQT Ventures to expand its AI platform for wealth advisers. Charles Schwab and QuantumLight joined as new backers, bringing the startup's total funding to $110M. Nevis's AI agents handle routine adviser tasks like preparing plans and opening accounts, and have completed over 100,000 jobs so far. The company says client assets managed through its platform grew from $50bn to $700bn this year, with revenue up more than 25 times. ## Full article daily.dev links to this article rather than hosting it. Read it at the original source: ## Questions this post answers ### How much funding has Nevis raised for its AI wealth management platform? Nevis has raised $110M total, including a new $70M Series B led by EQT Ventures with Charles Schwab and QuantumLight as new investors. The earlier round was a $35M Series A led by Sequoia Capital, part of a $40M stealth-exit raise in December 2025. Existing investors Sequoia, ICONIQ and Ribbit Capital also added to the new round. _daily.dev tracks AI wealth-tech funding rounds for anyone following how fintech startups scale agent-based products._ ### What does Nevis's AI platform actually do for financial advisers? It combines customer records, meeting notes, financial planning and account paperwork in one place, with AI agents handling routine tasks like preparing plans and opening client accounts. The company says its agents have completed over 100,000 such jobs, and advisers using it save up to 10 hours a week and hold 30% more client meetings. _Developers building adviser-facing agent tools can follow similar AI agent case studies on daily.dev._ ### Why is Charles Schwab investing in Nevis after blocking other AI agents? Schwab invested in Nevis's $70M Series B even though it recently blocked outside AI agents, including Meta's Muse, from moving client money. Jon Beatty, who heads Schwab's adviser services business, said the Nevis deal widens the range of AI tools Schwab offers advisers, suggesting Schwab distinguishes between agents it controls through partnership and unapproved third-party agents. _Those building fintech integrations can follow how incumbents like Schwab vet and selectively approve AI agents on daily.dev._ ## Similar posts on daily.dev - [Prime Intellect raises $130M Series A to help enterprises build their own AI agents](https://daily.dev/posts/prime-intellect-raises-130m-series-a-to-help-enterprises-build-their-own-ai-agents-obnk2m77j) · TechCrunch · 0 upvotes · 0 comments - [Nebius acquires 20-person Eigen AI for $643M as inference optimisation becomes AI infrastructure's most valuable layer](https://daily.dev/posts/nebius-acquires-20-person-eigen-ai-for-643m-as-inference-optimisation-becomes-ai-infrastructure-s-m-lyczd6thm) · The Next Web · 0 upvotes · 0 comments - [AI chip startups soak up $1.1B in VC funding this week](https://daily.dev/posts/ai-chip-startups-soak-up-1-1b-in-vc-funding-this-week-sbcfggett) · The Register · 0 upvotes · 0 comments --- Tags: [#ai-agents](https://daily.dev/tags/ai-agents), [#venture-capital](https://daily.dev/tags/venture-capital), [#fintech](https://daily.dev/tags/fintech) [View this post on daily.dev](https://daily.dev/posts/nevis-raises-70m-to-expand-its-ai-platform-for-wealth-advisers-qk2aglw9o) ```json {"@context":"https://schema.org","@graph":[{"@type":"Organization","@id":"https://daily.dev/#organization","name":"daily.dev","url":"https://daily.dev","logo":{"@type":"ImageObject","url":"https://daily.dev/apple-touch-icon.png","width":180,"height":180},"sameAs":["https://twitter.com/dailydotdev","https://github.com/dailydotdev","https://www.linkedin.com/company/daily-dev-ltd"]},{"@type":"WebSite","@id":"https://daily.dev/#website","url":"https://daily.dev","name":"daily.dev","publisher":{"@id":"https://daily.dev/#organization"},"potentialAction":{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https://daily.dev/search?q={search_term_string}"},"query-input":"required name=search_term_string"}}]} {"@context":"https://schema.org","@type":"TechArticle","headline":"Nevis raises $70M to expand its AI platform for wealth advisers","url":"https://daily.dev/posts/nevis-raises-70m-to-expand-its-ai-platform-for-wealth-advisers-qk2aglw9o","mainEntityOfPage":{"@type":"WebPage","@id":"https://daily.dev/posts/nevis-raises-70m-to-expand-its-ai-platform-for-wealth-advisers-qk2aglw9o"},"datePublished":"2026-10-26T15:08:30.254Z","dateModified":"2026-10-26T15:08:56.848Z","description":"Nevis has raised $70M in a Series B round led by EQT Ventures to expand its AI platform for wealth advisers. 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The earlier round was a $35M Series A led by Sequoia Capital, part of a $40M stealth-exit raise in December 2025. Existing investors Sequoia, ICONIQ and Ribbit Capital also added to the new round. daily.dev tracks AI wealth-tech funding rounds for anyone following how fintech startups scale agent-based products."}},{"@type":"Question","name":"What does Nevis's AI platform actually do for financial advisers?","acceptedAnswer":{"@type":"Answer","text":"It combines customer records, meeting notes, financial planning and account paperwork in one place, with AI agents handling routine tasks like preparing plans and opening client accounts. The company says its agents have completed over 100,000 such jobs, and advisers using it save up to 10 hours a week and hold 30% more client meetings. Developers building adviser-facing agent tools can follow similar AI agent case studies on daily.dev."}},{"@type":"Question","name":"Why is Charles Schwab investing in Nevis after blocking other AI agents?","acceptedAnswer":{"@type":"Answer","text":"Schwab invested in Nevis's $70M Series B even though it recently blocked outside AI agents, including Meta's Muse, from moving client money. Jon Beatty, who heads Schwab's adviser services business, said the Nevis deal widens the range of AI tools Schwab offers advisers, suggesting Schwab distinguishes between agents it controls through partnership and unapproved third-party agents. Those building fintech integrations can follow how incumbents like Schwab vet and selectively approve AI agents on daily.dev."}}]} ```