Jump, an AI platform built for financial advisors and other financial services professionals, announced it has closed an $80 million Series B funding round led by Insight Partners. The round included participation from new investors F-Prime, Allianz Life Ventures, TIAA Ventures and Peterson Partners, along with existing backers Battery Ventures, Sorenson Capital, Pelion Venture Partners and Citi Ventures, as well as several angel investors. The financing brings Jump’s total capital raised to $105 million, following a $20 million Series A round led by Battery Ventures last year.
Founded in 2023 by repeat fintech entrepreneurs, Jump has scaled from zero to 27,000 advisors in less than two years, adding more than 2,000 new advisors per month. The company says nearly one in ten U.S. financial advisors now uses its platform. Its customer base spans independent advisors and enterprise registered investment advisors such as Focus Financial Partners, Integrated Partners and Merit Financial Advisors, as well as independent broker-dealers including LPL Financial, Osaic and Cetera. Financial institutions such as Allianz Life and Manulife also use the platform.
Jump’s AI-native technology has processed what the company describes as a cumulative 183 continuous years’ worth of client meetings, completing millions of tasks for advisory, insurance and financial services firms that collectively manage an estimated $12 trillion in client assets.
The company plans to use the new capital to accelerate product research and development as it builds toward what it describes as an AI-native operating system for advisory firms. Building on its AI meeting assistant, Jump is expanding into a broader intelligence and AI orchestration layer designed to support modern advisory workflows. The platform emphasizes integrations, configurability and enterprise-grade compliance controls to support large-scale deployments.
Over the next year, Jump plans to expand into additional high-impact workflows aimed at addressing operational friction, organic growth and client experience. The company is also advancing beyond automation into agentic, insight-driven AI capabilities designed to proactively identify opportunities, risks and next best actions for advisors, supported by enhanced enterprise functionality for complex firm structures.
Jump recently published its inaugural Insights Report highlighting how advisors are leveraging AI to save time, improve client engagement and scale their practices. The company says it offers more than 20 AI-powered features that automate meeting preparation, note-taking, recaps, follow-ups and CRM updates while surfacing growth insights and embedding compliance.
KEY QUOTES
“An enterprise RIA recently shared that Jump ranked number one among more than 40 AI pilots they ran last year in terms of delivering real advisor impact and measurable ROI for the firm. They saw not only Jump’s usual one to two hours saved per advisor per day, but also a meaningful increase in their overall organic growth rate. This new funding will allow us to invest aggressively in product research and development as we accelerate our vision for an AI-native operating system. We are grateful for the trust our customers, partners and investors have placed in us, and we are excited about the days, months and years ahead.”
Parker Ence, Co-Founder And Chief Executive Officer Of Jump
“We believe Jump is defining the category for AI in financial services. The team has demonstrated exceptional product velocity, strong enterprise traction and a clear product vision for where AI is headed in wealth management and beyond. We believe Jump’s clarity of purpose, as well as its focus on real advisor needs, well position the company to shape what comes next for the industry.”
Crissy Behrens, Managing Director At Insight Partners
“The power of AI presents an opportunity for financial professionals to enhance their operations to better serve their clients. Jump is focused on the type of practical, advisor-first innovation that can help financial professionals today and in the years ahead.”
Eric Thomes, Chief Distribution Officer At Allianz Life
