Nevis, a New York-based AI platform for wealth management, has secured $35 million in a Series A funding round. 

Investors 

The round was led by Sequoia Capital, with participation from ICONIQ and Ribbit Capital. 

Sequoia Capital is a venture capital firm headquartered in Menlo Park, California. The firm specializes in seed-stage, early-stage, and growth-stage investments across the technology sector. It focuses on helping founders build legendary companies from inception to IPO and beyond. 

As part of the round, Sequoia’s Luciana Lixandru will join the Nevis board. 

Nevis Use of Funds 

The company will use the funding to support product development, platform expansion, and the onboarding of wealth management firms to scale AI-driven automation for advisor workflows. 

About Nevis 

Founded in 2024 by Mark Swan, Philipp Burda, and Ivan Chalov, Nevis builds AI products to automate the administrative work that financial advisors handle every day, helping wealth management firms serve more clients, scale faster, and deliver a superior client experience. The platform’s services include AI-powered tools for generating meeting summaries, creating actionable tasks, preparing intelligent client briefs, unifying data search, and automating personalized client emails. Today, Nevis’ customers include some of the largest and fastest-growing wealth management firms in the U.S., representing more than $50 billion in client assets. 

Funding Details 

Company: Nevis 

Raised: $35.0M 

Round: Series A 

Funding Date: December 2025 

Lead Investor: Sequoia Capital 

Additional Investors: ICONIQ, Ribbit Capital 

Company Website: https://www.neviswealth.com/  

Software Category: Fintech / AI-Powered Wealth Management Platform 

Source: https://www.businesswire.com/news/home/20251201734348/en/