Jump, a Salt Lake City, UT-based provider of AI solutions for financial advisors and other financial services providers, has raised $20 million in Series A funding.
Investors
The round was led by Battery Ventures, with participation from Citi Ventures, Sorenson Capital, and Pelion Ventures Partners. This brings Jump’s total funding to $24.6 million.
Battery Ventures is a global, technology-focused investment firm. Founded in 1983, the firm backs companies at stages ranging from seed to growth and private equity and invests globally from offices in Boston, Silicon Valley, San Francisco, Israel, and London.
Jump Use of Funds
The company will use the funds to accelerate product innovation further and expand its market reach.
About Jump
Founded in 2023 by Parker Ence, Tim Chaves, and Adam Kirk, Jump is an advisor AI assistant specifically designed for financial advisors and financial services professionals. It automates meeting preparation, note-taking, compliance documentation, CRM updates, financial planning data handling, and client follow-ups. Jump’s mission is to empower financial advisors and their clients to thrive in the age of AI.
Funding Details
Company: Jump
Raised: $20.0M
Round: Series A
Funding Date: February 2025
Lead Investor: Battery Ventures
Additional Investors: Citi Ventures, Sorenson Capital, Pelion Ventures Partners
Company Website: https://jumpapp.com/
Software Category: AI Assistant
Source: https://www.businesswire.com/news/home/20250203578881/en/