Range’s AI WealthTech platform secures $12m Series A led by Google’s Gradient Ventures

Range's AI WealthTech platform secures $12m Series A led by Google's Gradient Ventures

Range, the AI WealthTech platform, has recently announced a $12m funding round led by Gradient Ventures, Google’s AI-focused venture fund.

The company aims to revolutionize wealth management by providing an all-in-one platform to make financial planning accessible to everyone.

The Series A round included participation from Expa, Red Sea Ventures, 8-bit Capital, and notable individuals such as Randy Reddig, Adrian Aoun, Severin Hacker, and Dan Lewis. These investors bring valuable experience and expertise in AI and other sectors to help Range expand its offerings.

Range’s platform offers an all-in-one wealth management tool to optimize investment services, tax planning, estate planning, retirement planning, and insurance needs. The company has in-house financial advisers and uses proprietary AI technology to provide personalized guidance, financial tools, and machine-learning insights for its customers.

The newly raised funds will be primarily used to grow the product and engineering teams in order to accelerate the development and integration of AI technologies into Range’s wealth management tools. By automating aspects of wealth and tax planning, Range aims to offer greater financial control and visibility to its users.

Founded in 2021 by Fahad Hassan and David Cusatis, Range is dedicated to simplifying and democratizing access to wealth management services. With no minimums required and 24/7 support, the company is committed to revolutionizing the industry.

Gradient Ventures General Partner Darian Shirazi said, “The team at Range is determined to leverage new technologies, specifically AI and large-language models, to give families more control and visibility into their financial future. We’re thrilled to partner with Fahad, David, and the entire Range team as they pursue their noble vision to improve the financial lives of families globally.”

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