Range, a McLean, VA–based AI-powered wealth management platform, has raised $60 million in Series C funding, bringing its total capital raised to over $100 million.
Investors
The round was led by Scale Venture Partners, with participation from Gradient Ventures, Cathay Innovation, and new investors including 53 Stations.
Scale Venture Partners is an early-stage venture capital firm founded in 2000 and headquartered in Foster City, California, with approximately $2.8 billion in assets under management. The firm specializes in leading Series A and Series B investment rounds for enterprise software companies, focusing on the “Cognitive Applications” megatrend driven by cloud, AI, and data innovations. Scale invests in markets such as AI applications, fintech, security, DevOps, and vertical SaaS.
Range Use of Funds
The company plans to use the new funding to accelerate hiring across AI, product, and go-to-market teams, expand enterprise partnerships, and enhance the capabilities of its AI wealth advisor, Rai, including predictive financial planning and proactive tax optimization.
About Range
Range is a company offers an AI-powered wealth management platform that provides financial planning and investment advice. Its AI advisor, Rai, handles thousands of financial inquiries each month. It leverages proprietary data and cutting-edge artificial intelligence to provide comprehensive, expert-level financial planning. Headquartered in McLean, Virginia, Range is now building specialized AI agents for compliance, tax optimization, and investment guidance. Currently, Range manages $400 million in assets under management (AUM) and $9.5 billion in assets under advisement (AUA), serving over 5,000 high-net-worth customers across all 50 states.
Funding Details
Company: Range Advisory, LLC
Raised: $60.0M
Round: Series C
Funding Date: November 2025
Lead Investor: Scale Venture Partners
Additional Investors: Gradient Ventures, Cathay Innovation, 53 Stations
Company Website: https://www.range.com/
Software Category: AI Wealth Management / FinTech / Financial Advisory
Source: https://www.range.com/blog/range-raises-60m