Pave Finance, the AI-powered portfolio management platform built for financial advisors, has closed a Series A funding round worth more than $15m, surpassing its original target and lifting the business to a $100m pre-money valuation.
The oversubscribed round arrives as advisory firms grapple with time-intensive manual processes and search for technology capable of delivering more personalised portfolios across a growing client base.
Backers in the round included advisory firms, former executives and board members from major US financial services companies, alongside existing company insiders. Pave said the fresh capital will go toward growing its headcount, with particular focus on expanding its market-facing and internal engineering teams as it deepens its footprint across the wealth management sector.
Advisors already using Pave’s platform collectively manage more than $130bn in assets spread across upwards of 300,000 accounts, a figure the company points to as evidence of rising adoption of its automation and portfolio management tools.
Pave Finance provides an AI-driven portfolio management platform that allows registered investment advisers (RIAs) and wealth management firms to build, personalise and manage client portfolios at scale, while cutting down on the time, cost and operational load placed on advisors.
The Series A builds on Pave’s $14m oversubscribed seed round, which closed in September 2025, and represents the company’s next step in scaling its technology and market presence within wealth management.
The platform tracks more than 50,000 publicly traded securities worldwide, giving US wealth advisors the tools to manage both equity and multi-asset portfolios. Advisors can exclude particular sectors, industries or assets, factor in existing holdings and tax considerations, and tailor portfolios to each client’s risk appetite, with the platform designed to integrate directly with custodians for faster onboarding.
Pave Finance chief executive officer Christopher Ainsworth said, “Reaching this funding stage reflects the growing demand for modernized platforms we’re witnessing within the financial advisory space. As advisory businesses grow, firms must now find efficient ways to manage a larger volume of clients who are simultaneously demanding greater personalization in their portfolios.
“This funding gives us additional resources to grow our team and continue investing in the technology that saves advisors time and resources, ultimately translating to lower fees and more tailored client experiences.”
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