• Slice of Finance
  • Posts
  • Jump Secures $20M Series A to Expand AI Solutions for Financial Advisors

Jump Secures $20M Series A to Expand AI Solutions for Financial Advisors

Author

Slice of Finance Team
11 Feb

Key Highlights:

  • Jump raises $20M Series A funding, led by Battery Ventures, with participation from Citi Ventures, Sorenson Capital, and Pelion Ventures Partners.

  • AI-driven meeting assistant automates key tasks like meeting prep, CRM updates, and compliance documentation.

  • Jump’s rapid growth: 35% average monthly growth since January 2024, with adoption by LPL Financial, Sanctuary Wealth, and others.

  • Advisors save an average of one hour per workday, improving efficiency and client relationships.

  • Recognized as Wealthtech Startup of the Year and recipient of multiple WealthManagement.com “Wealthies” Industry Awards.

Notable Quotes:

❝

“We were impressed by Jump’s leading product and market position, the quality of their team, their rapid growth, and the positive reviews they’ve received from their customers.”

Dharmesh Thakker, General Partner at Battery Ventures
❝

“Jump is helping advisors reclaim their time and focus on building stronger client relationships. As the clear leader in this space, they are redefining what’s possible for advisors while meeting enterprise compliance requirements for safe AI implementation.”

Jelena Zec, Director, Venture Investing at Citi Ventures
❝

“On our path to empower advisors and their clients to thrive in the age of AI, our easy-to-use, compliant solution is quickly becoming the standard to help advisors save massive time and enhance client engagement.”

Parker Ence, CEO & Co-Founder at Jump

Why This Matters:

Jump’s $20M Series A funding highlights the increasing demand for AI-driven solutions in financial services, helping advisors streamline workflows while ensuring compliance. With a focus on customization, automation, and deep industry integration, Jump is transforming the advisor experience—freeing up time for advisors to focus on client relationships and financial strategy. This investment signals continued growth in AI adoption within wealth management, making it clear that AI-powered advisory tools are here to stay.