PANews
PANews|Oct 28, 2026 10:00
[AI Wealth Management Platform Nevis Raises $70 Million in Series B Funding, Led by EQT Ventures] Mark Swan, CEO of AI wealth management platform Nevis, announced that the company has raised $70 million in Series B funding. The round was led by EQT Ventures, with new investors Charles Schwab and QuantumLight (founded by Revolut founder Nik Storonsky), and existing investors Sequoia Capital, ICONIQ Capital, and Ribbit Capital also participating. Nevis has raised a total of $110 million in the past two years. In the past 12 months, its revenue has grown more than 25 times, and its platform assets have increased from $50 billion to over $700 billion.
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