Pave Finance has raised more than $15 million in an oversubscribed Series A at a $100 million pre-money valuation as adoption of its AI-powered portfolio management platform expands across wealth management firms overseeing more than $130 billion in assets.
The New York-based company exceeded its original fundraising target.
Participants included advisory firms, former executives and board members of major U.S. financial services companies and existing company insiders.
Pave will use the funding to expand its market-facing organization and internal engineering team while continuing to develop its technology for registered investment advisors and wealth management firms.
Advisors using Pave currently oversee more than $130 billion across over 300,000 accounts.
The platform helps financial advisors build, customize and manage portfolios at scale while automating processes that would otherwise require significant manual work.
Pave tracks more than 50,000 publicly traded securities globally.
Advisors can personalize portfolios by excluding individual assets, sectors or industries, incorporating existing holdings, accounting for tax considerations and adjusting portfolios around each client’s risk tolerance.
The platform integrates directly with custodians to streamline onboarding and ongoing portfolio management.
The Series A follows an oversubscribed $14 million seed round completed in September 2025.
Pave’s business spans portfolio management software through Pave Labs, brokerage services through Pave Securities and investment advisory services through SEC-registered Pave Investment Advisors.
Its revenue model includes SaaS licensing fees, broker-dealer revenue and investment advisory fees.
Pave was founded in 2021, and its leadership team brings experience from firms including Goldman Sachs, Morgan Stanley, Bank of America, Merrill Lynch, J.P. Morgan and Fidelity, along with technology companies including Google, Apple, Meta and Amazon.
KEY QUOTES:
“Reaching this funding stage reflects the growing demand for modernized platforms we’re witnessing within the financial advisory space.”
“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.”
Christopher Ainsworth, CEO of Pave Finance
