- Founded
- 2024
- Headquarters
- London, UK
- Latest Round
- Series A
- Est. Valuation
- ~$200M
Investment Thesis
Nevis builds AI-powered tools for wealth management, freeing financial advisors from time-consuming administrative tasks like compliance documentation, client reporting, and portfolio analysis. The platform already supports advisors managing more than $50 billion in client assets across some of the fastest-growing wealth management firms in the US.
Founded in 2024 by Mark Swan (CEO), Philipp Burda (CPO), and Ivan Chalov (COO) — all former executives at Revolut — Nevis emerged from stealth in December 2025 with $40M in total funding. The $35M Series A was led by Sequoia Capital, with participation from ICONIQ and Ribbit Capital, at a $200M valuation.
Wealth management is stuck in a model where $30T+ in assets sits behind human advisors who charge 1% AUM fees, deliver generic portfolio allocation, and are economically incentivized to serve only the ultra-wealthy.
Nevis builds AI-native wealth management that delivers personalized, tax-optimized financial planning at the quality of a top-tier private banker but accessible to the mass affluent and at a fraction of traditional fees.
Robo-advisors proved demand for low-cost investing but failed on personalization; Nevis represents the next generation that combines LLM-powered advice with sophisticated financial engineering.
The largest intergenerational wealth transfer in history is underway, and younger inheritors want digital-first, AI-powered financial tools — not quarterly calls with a human advisor they didn't choose.