Jump Raises $4.6M to Boost AI Software for Financial Advisors
Jump is committed to transforming the day-to-day operations of financial advisors through AI-driven automation.
Company Name: Jump
Location: Salt Lake City, UT
Sector: Financial Technology, Artificial Intelligence
Funding Details: Raised $4.6M in funding. The round was led by Sorenson Capital, with participation from Pelion Venture Partners and strategic angel investors.
Purpose of Investment: To expand operations and enhance development efforts.
Leadership: Founded by CEO Parker Ence, Tim Chaves, and Adam Kirk.
Product: Jump provides AI software that helps financial advisors enhance their efficiency by automating routine administrative tasks. The software focuses on notetaking, preparing for meetings by analyzing data from previous client interactions, writing follow-up emails, generating task lists, and integrating relevant data into CRMs such as Wealthbox, Redtail, and Salesforce. This allows advisors to concentrate more on their core competencies, such as advising and building client relationships.
About Company: Jump is committed to transforming the day-to-day operations of financial advisors through AI-driven automation. By reducing the time spent on administrative tasks, Jump enables advisors to focus on delivering more personalized and effective financial advice, ultimately improving client satisfaction and business outcomes.