Jump Raises $80 Million in Series B Funding for AI Solutions in Financial Advisory
AI solutions provider Jump has successfully raised $80 million in Series B funding, led by Insight Partners. The funding round also included participation from new contributors such as F-Prime, Allianz Life Ventures—representing Allianz Life Insurance Company of North America's venture capital branch—TIAA Ventures, and Peterson Partners. Existing investors like Battery Ventures, Sorenson Capital, Pelion Venture Partners, and Citi Ventures, along with angel investors Hans Tung, Ryan Anderson, and Aaron Skonnard, also contributed.
Jump, known for offering AI-driven tools to financial advisors, has experienced rapid growth since its inception. The software has attracted over 27,000 advisors, with more than 2,000 new users joining each month from registered investment advisors, independent broker-dealers, and major financial institutions. This latest funding brings Jump's total capital raised to $105 million, following its previous $20 million Series A round led by Battery Ventures in 2025.
Jump intends to utilize the new funds to expand its platform beyond an AI meeting assistant. The company aims to develop a comprehensive AI orchestration layer tailored for modern financial advisory firms, focusing on enhancing operational efficiency and integrating compliance and workflow resources. This strategic move aligns with the ongoing shift in the wealth management industry towards AI integration.
The platform is designed to reduce manual workloads and incorporate advanced workflows, thereby better supporting contemporary financial advisory operations. The funding will facilitate Jump’s focus on proactive risk identification, growth opportunities, and recommending best actions based on client interactions and investment trends.
CEO and Co-Founder Parker Ence highlighted Jump's impactful performance, noting that an enterprise RIA ranked Jump top among over 40 AI initiatives evaluated last year. The platform reportedly enhances advisor efficiency by saving one to two hours daily and significantly boosts organic growth rates. Ence plans substantial investments in product research and development to further Jump’s goal of establishing an AI-centered operating system.
Based in Salt Lake City, Utah, Jump debuted at FinovateFall 2025 with its AI-powered meeting assistant. This technology automates essential advisor tasks such as meeting preparation and follow-up, optimizing client management duties. Designed to alleviate administrative burdens, the technology provides growth insights while adhering to enterprise scalability and compliance standards.