{"id":526264,"date":"2026-07-14T21:50:08","date_gmt":"2026-07-14T21:50:08","guid":{"rendered":"https:\/\/www.newsbeep.com\/nz\/526264\/"},"modified":"2026-07-14T21:50:08","modified_gmt":"2026-07-14T21:50:08","slug":"feathery-raises-30m-for-ai-wealth-management-tools","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/nz\/526264\/","title":{"rendered":"Feathery Raises $30M for AI Wealth Management Tools"},"content":{"rendered":"<p class=\"ContentParagraph ContentParagraph_align_left\" data-testid=\"content-paragraph\">Feathery, which calls itself an artificial intelligence operating and decisioning system for financial services, announced that it has raised $30 million in total funding, which includes its recently completed Series A, led by Portage Ventures, with participation from Index Ventures, Allstate Strategic Ventures, Clocktower Ventures, Erie Strategic Ventures and Bain Capital Ventures (it raised a $4.5 million seed round in 2021).<\/p>\n<p class=\"ContentParagraph ContentParagraph_align_left\" data-testid=\"content-paragraph\">According to Feathery, it serves more than 300 firms across insurance and wealth management, including registered investment advisors, independent broker\/dealers, as well as insurance carriers and brokers, processing tens of millions of monthly submissions.<\/p>\n<p class=\"ContentParagraph ContentParagraph_align_left\" data-testid=\"content-paragraph\">Its wealth management clients include Sequoia Financial, Allworth Financial and Mission Wealth.<\/p>\n<p class=\"ContentParagraph ContentParagraph_align_left\" data-testid=\"content-paragraph\">When it comes to RIAs and broker\/dealers, the platform was built to automate workflows for client onboarding, proposal generation, mergers and acquisitions, transitions, account opening and account maintenance.<\/p>\n<p data-component=\"related-article\" class=\"RelatedArticle\">Related:<a class=\"RelatedArticle-RelatedContent\" href=\"https:\/\/www.wealthmanagement.com\/artificial-intelligence\/mariner-partners-with-humanity-labs-for-ai-workforce\" target=\"_self\" data-discover=\"true\" rel=\"nofollow noopener\">Mariner Partners With Humanity Labs for AI Workforce<\/a><\/p>\n<p class=\"ContentParagraph ContentParagraph_align_left\" data-testid=\"content-paragraph\">Feathery\u2019s system is intended to collect and structure client information, synchronize systems of record and normalize data across platforms, according to the company. Its AI decisioning system is meant to analyze business data, surface insights and recommendations, and feed the analysis and results back into workflows.<\/p>\n<p class=\"ContentParagraph ContentParagraph_align_left\" data-testid=\"content-paragraph\">\u201cWith this funding, we\u2019re doubling down on products that tap our data network across clients to help firms make faster, more accurate decisions and move data seamlessly across their workflows,\u201d said Zack Khan, co-founder of Feathery, in a prepared statement.<\/p>\n<p class=\"ContentParagraph ContentParagraph_align_left\" data-testid=\"content-paragraph\">Khan co-founded Feathery with Robinhood alum Peter Dun in 2021, raising a seed round that year and <a class=\"ContentText-BodyTextChunk ContentText-BodyTextChunk_link\" rel=\"noreferrer nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.feathery.io\/blog\/feathery-founder-story\">launching the company publicly in 2022<\/a>.<\/p>\n<p class=\"ContentParagraph ContentParagraph_align_left\" data-testid=\"content-paragraph\">Feathery participated in the <a class=\"ContentText-BodyTextChunk ContentText-BodyTextChunk_link\" href=\"https:\/\/www.wealthmanagement.com\/financial-technology\/bquest-wins-best-of-show-at-wealthstack-demo\" target=\"_self\" data-discover=\"true\" rel=\"nofollow noopener\">2026 WealthStack Demos competition at the Wealth Management EDGE<\/a> conference in Boca Raton, where company advisor Ara Coutts showcased its automated advisor transitioning tool.<\/p>\n","protected":false},"excerpt":{"rendered":"Feathery, which calls itself an artificial intelligence operating and decisioning system for financial services, announced that it has&hellip;\n","protected":false},"author":2,"featured_media":526265,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[14],"tags":[138,246,111,139,69,244,245],"class_list":["post-526264","post","type-post","status-publish","format-standard","has-post-thumbnail","category-personal-finance","tag-business","tag-finance","tag-new-zealand","tag-newzealand","tag-nz","tag-personal-finance","tag-personalfinance"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts\/526264","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/comments?post=526264"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts\/526264\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/media\/526265"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/media?parent=526264"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/categories?post=526264"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/tags?post=526264"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}