Jump has secured $20 million in funding to enhance AI-driven efficiency for financial advisors.

3 February 2025
Jump, an AI-driven solution provider for financial advisors and services firms, has raised $20 million in a Series A funding round.

Battery Ventures led the round, with additional participation from Citi Ventures, Sorenson Capital, and Pelion Ventures Partners.

Founded by FinTech entrepreneurs, Jump focuses on improving productivity for advisory firms, including independent broker-dealers (IBDs), registered investment advisors (RIAs), and solo practitioners. With a total of $24.6 million raised to date, this new funding will fuel the company’s growth and innovation.

The capital will be used to further Jump’s goal of enhancing advisor workflows by automating tasks like meeting preparation, notetaking, compliance documentation, CRM updates, and financial planning data management. The company plans to accelerate product development, expand its AI-powered solutions, and scale its sales and support teams to meet growing demand.

Jump has quickly gained traction within the financial services industry, partnering with notable IBDs and RIAs, including LPL Financial, Sanctuary Wealth, Integrated Partners, and Mission Wealth. Since emerging from closed beta in January 2024, the company has experienced a monthly growth rate of over 35%.

Dharmesh Thakker, general partner at Battery Ventures, commented, “We’re excited to partner with Jump and lead this Series A round. The company’s strong product, rapid growth, and positive customer feedback show it’s well-positioned to be a leader in the AI-driven wealth industry. Jump is quickly becoming the go-to choice for financial advisors and enterprise leaders looking to integrate AI in a practical and secure way.”

According to a recent survey, Jump’s AI solutions save financial advisors an average of one hour per workday, with some users experiencing even higher efficiency gains. The platform integrates with popular tools like Zoom, Teams, Salesforce, Wealthbox, and Redtail, while also providing enterprise-level compliance controls.

Jump CEO and co-founder Parker Ence stated, “Our mission to empower advisors and clients in the AI era is gaining momentum. We’re thrilled to see Jump becoming the standard tool for saving time and boosting client engagement. We’re deeply grateful to our customers and partners who have supported us along the way and helped drive our growth through word-of-mouth.”