Jump’s AI assistant streamlines advisors’ workflows by automating meeting prep, note-taking, compliance records, CRM updates, and client follow-ups. Credit: Smallroombigdream/Shutterstock.

Jump, a provider of artificial intelligence (AI) solutions for financial advisors, has closed its Series A financing round, garnering $20m.

This round was led by Battery Ventures, with contributions from Citi Ventures and current investors Sorenson Capital and Pelion Venture Partners.

Go deeper with GlobalData

Data Insights

The gold standard of business intelligence.

Find out more

Related Company Profiles

View all

The company has secured $24.6m in capital so far. This fresh infusion will further its mission to empower financial advisors and their clients in the AI era.

Jump plans to expedite product innovation, expand its suite of AI workflows, and enhance sales and support to respond to market demand.

The company’s AI assistant is designed to integrate into advisors’ existing workflows seamlessly. It automates essential tasks such as meeting preparation, notetaking, compliance documentation, CRM updates, and client follow-ups.

The tool is customisable to suit individual advisor preferences and is compatible with various existing tools, including Zoom, Teams, Salesforce, Wealthbox, and Redtail.

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

Additionally, Jump offers enterprise controls for compliance teams to tailor the assistant to their policy requirements.

Jump CEO and co-founder Parker Ence said: “On our path to empower advisors and their clients to thrive in the age of AI, our easy-to-use, compliant solution is quickly becoming the standard to help advisors save massive time and enhance client engagement.

“We are incredibly grateful to our customers, partners and team members who embraced this vision early and helped spread the word, driving our growth almost entirely through word of mouth.”

Since its public launch in January 2024, Jump is said to have seen a monthly growth rate of over 35%.

Its team has expanded from three co-founders to over 40 employees since its establishment in 2023.

In November 2024, Jump entered a partnership with wealth management firm LPL Financial by joining its Vendor Affinity Programme, which recommends select vendors to LPL advisors.

This makes Jump’s AI tools available to LPL’s network of more than 23,000 advisors.