Jump Raises $20M Series A to Expand AI Solutions for Financial Advisors

Company Name: Jump
Location: Salt Lake City, UT
Industry: AI for Financial Services & Wealth Management

Funding Details

• Amount: $20M (Series A)
• Investors:
  • Lead: Battery Ventures
  • Participants: Citi Ventures, Sorenson Capital, Pelion Ventures Partners (existing investors)

Purpose of Investment

• Accelerate product innovation to enhance AI workflows for financial advisors.
• Build out advanced agentic AI work outputs tailored to the financial services industry.

Leadership

• CEO: Parker Ence

Product

Jump provides an AI assistant platform designed to optimize the workflows of financial advisors and financial services providers, automating routine yet critical tasks.

Key Features

• Workflow Automation: Automates meeting preparation, note-taking, compliance documentation, CRM updates, financial planning data management, and client follow-ups.
• Customizable AI Workflows: Deeply adaptable based on advisor preferences and business needs.
• Seamless Integration: Connects with tools like Zoom, Microsoft Teams, Salesforce, Wealthbox, Redtail, and more.
• Enterprise-Grade Compliance Controls: Allows compliance teams to configure workflows in line with specific policy requirements.

About the Company

Jump is transforming the way financial advisors work by leveraging AI to eliminate manual administrative tasks, enabling advisors to focus on client relationships and strategic decision-making. Its highly customizable platform integrates seamlessly into existing tech stacks, supporting productivity while maintaining compliance with financial regulations.

Future Plans

With this funding, Jump will enhance its AI capabilities, expand its suite of advisor-specific workflows, and strengthen enterprise controls to meet the evolving demands of financial services organizations.