London/NY-based Nevis, an AI OS for wealth management, today announced its €62 million ($70 million) Series B in order to expand agent capabilities, deepen integrations across the custodian and WealthTech ecosystem, and grow its product and GTM teams.
The round was led by EQT Ventures, bringing total funding to €98 million ($110 million) in two years since founding. New strategic investors include The Charles Schwab Corporation, and QuantumLight, the fund of Revolut founder and CEO Nik Storonsky. All existing investors, including Sequoia Capital, ICONIQ and Ribbit Capital, have also expanded their commitments in this new round.
“Our customers measure Nevis in business results: more client calls, hours back every week, and accounts opened every day. Nevis agents finish the work, so every advisor can give every client the white-glove attention of a full-service team,” says Mark Swan, CEO and co-founder of Nevis. “We’re proud to have investors who see this industry from the inside backing our work to make AI agents core infrastructure for advisory firms.”
Elsewhere in Europe, 2026 funding for software serving wealth managers and financial advisers has included Copenhagen-based Performativ’s €11.96 million Series A, TODAY’s €2.8 million Seed round, and Zurich-based Aisot Technologies’ €2.13 million Seed extension.
In the UK, London’s WealthAi raised €837k for its AI-powered wealth management platform, while Glasgow-based Afternoon Finance secured €57k for financial-adviser automation software. Broader related British announcements include Fifth Dimension’s €22 million Series A and Vennre’s €8 million funding.
Together, these rounds represent approximately €47.8 million in 2026 funding, excluding Nevis’ Series B.
“Mark, Philipp and Ivan have built an exceptional AI platform at a time when wealth management faces a growing capacity gap, with advisors retiring as demand for advice rises. Nevis is helping firms serve more clients and scale efficiently. We’re excited to bring EQT’s network across wealth management and financial services to support their growth and ambition to become the foundational AI platform for the industry,” adds Carolina Brochado, Partner and Head of EQT Ventures.
Founded in 2024 by Mark Swan (CEO), Philipp Burda (Chief Product Officer), and Ivan Chalov (COO); Nevis builds AI products to automate the administrative work of financial advisors. Nevis’ customers represent more than €625 billion ($700 billion) in client assets.
By bringing CRM, meeting intelligence, financial planning, and custodial workflows together in a single AI platform, Nevis agents handle operational work end-to-end and have completed more than 100,000 operational tasks.
Across customer deployments, Nevis says they are enabling financial advisors to:
- Reclaim up to 10 hours every week
- Increase prospect meetings by 30%
- Generate personalised financial plans and prospect proposals in minutes
- Accelerate account opening from weeks to days
“We’ve built an AI ecosystem that gives advisors greater choice and access to capabilities that can help them run and grow their firms,” says Jon Beatty, head of Schwab Advisor Services. “Our investment in and partnership with Nevis expands that ecosystem, helping advisors harness AI to operate more efficiently, increase their capacity and ultimately serve more investors.”
Today’s funding coincides with a year of rapid growth, having reportedly grown revenue more than 25x. Customers include Focus Financial Partners, IEQ Capital and United Capital.
