Nevis (Nevis Wealth) is a unified AI platform for the wealth management industry. It gives Registered Investment Advisors (RIAs) and wealth firms an end-to-end workspace that automates the administrative grunt work historically scattered across CRMs, custodian portals, and document drives — client onboarding, account opening, multi-custodian data reconciliation, meeting preparation, follow-ups, and compliance tasks. The goal is to free advisors from operational drag so they can spend more time with clients.
The New York-based company was founded in 2025 by three former Revolut executives: Mark Swan (CEO), Philipp Burda (CPO), and Ivan Chalov (COO). The trio brought a consumer-fintech velocity mindset into the historically slow wealth-management category. Nevis emerged from stealth in December 2025 already serving some of the fastest-growing RIAs in the US, supporting firms that collectively manage more than $50B in client assets.
Nevis has announced $40M in total funding, anchored by a $35M Series A at a $200M valuation led by Sequoia Capital, with ICONIQ and Ribbit Capital participating, less than a year after a $5M Sequoia-led seed. Sequoia's Luciana Lixandru joined the Nevis board as part of the Series A round.
Unlike traditional wealthtech platforms such as Orion, Black Diamond, or Addepar — which focus on portfolio accounting and reporting — Nevis attacks the operations layer with AI agents, and unlike consumer apps like Range or Facet, it is strictly B2B for advisory firms rather than direct-to-investor.