Ex-Revolut trio's Nevis just scored $35M in Series A funding, led by Sequoia Capital with ICONIQ and Ribbit Capital jumping in. Total cash now hits $40M under a year old.
This London-born AI powerhouse targets wealth managers drowning in paperwork.
Ex-Revolut Brains Building Wealth AI Muscle
Nevis founders Mark Swan (CEO), Philipp Burda (CPO), and Ivan Chalov (COO) forged their chops at Revolut. Launched in 2024, they craft AI that slashes advisors' 80% admin grind—auto-summarizing meetings, prepping briefs, firing off client emails, and opening accounts.
RIAs on Nevis already juggle $50B+ in assets. Picture advisors ditching data drudgery for real client chats. That's the pitch hooking top US firms like United Capital and Apollon Wealth.
Nevis Funding Snapshot
| Round | Amount | Lead Investors | Valuation | AICurator Score |
|---|---|---|---|---|
| Seed (2024) | $5M | – | Undisclosed | 8.7/10 |
| Series A (2025) | $35M | Sequoia, ICONIQ, Ribbit | ~$150M (est.) | 9.4/10 |
Why Investors Bet Big on Nevis Now?
Sequoia sees AI as advisors' sidekick, not job-killer, amid exploding US wealth (households over $500K booming 8x faster than population). Funds fuel US expansion, product scaling, and snagging more firms.
Connect with Nevis Team
| Founder | X (Twitter) | |
|---|---|---|
| Mark Swan | Mark Swan | @markswan |
| Philipp Burda | Philipp Burda | – |
| Ivan Chalov | Ivan Chalov | – |
Investor Quick Hits
Who led Nevis' $35M Series A funding round?
Sequoia Capital led the round, with participation from ICONIQ and Ribbit Capital. This brought Nevis' total funding to $40M since emerging from stealth mode.
What will Nevis use the funding for?
The capital will scale their AI platform infrastructure, accelerate US market expansion, and onboard more RIA firms managing billions in client assets.
Do they have proven traction in the market?
Yes—Nevis already powers wealth management operations for firms managing over $50B in assets under management (AUM) across multiple registered investment advisor clients.
Nevis' Billion-Dollar Sprint Ahead
Nevis eyes SOC 2 Type II certs next, battling compliance hurdles in reg-heavy wealth world. Nail enterprise security, and they dominate as the go-to AI OS for advisors.
Watch for 10x client wins by 2026—AICurator predicts unicorn path if execution holds.
Connect with Nevis
| Platform | Link |
|---|---|
| Website | neviswealth.com |
| linkedin.com/company/neviswealth/about | |
| X (Twitter) | @neviswealth |
