Jump Raises US$80M Series B to Expand AI Platform for Financial Advisors

2026-02-23 - 07:53

Jump, a provider of AI solutions for financial advisors and other financial services providers, has closed a US$80 million Series B funding round led by Insight Partners. New investors include F-Prime, Allianz Life Ventures, TIAA Ventures and Peterson Partners, alongside existing investors Battery Ventures, Sorenson Capital, Pelion Venture Partners, Citi Ventures, and angel investors Hans Tung, Ryan Anderson and Aaron Skonnard. The funding brings Jump’s total capital raised to US$105 million, following a US$20 million Series A last year. Founded by repeat fintech entrepreneurs, Jump has grown rapidly, serving 27,000 advisors in under two years and adding over 2,000 new advisors each month. Its platform is used by independent advisors, enterprise RIAs such as Focus Financial Partners, Integrated Partners and Merit Financial Advisors, independent broker-dealers including LPL Financial, Osaic and Cetera, and institutions including Allianz Life and Manulife. Jump’s AI technology has processed millions of tasks for firms managing an estimated US$12 trillion in client assets. Parker Ence “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,” said Parker Ence, Co-Founder and CEO of Jump. “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.” Jump plans to expand its AI capabilities to address operational friction, organic growth and client experience, while providing enterprise-grade functionality suitable for complex firm structures. Featured image credit: Edited by Fintech News Switzerland, based on image by vishaldesignstudio via Freepik