Feathery Raises $30M for AI Wealth Management Tools
Fezzery, a self-proclaimed artificial intelligence operating and financial decision-making system, announced that it has secured a total of $30 million in funding, which recently closed a Series A led by Portage Ventures with Index Ventures, Allstate Strategic Ventures, Clocktower Ventures, Erie Strategic Ventures and Bain Capital. Ventures (raised $12 million in $12 million).
According to Feathery, it serves tens of millions of monthly entries to more than 300 firms in insurance and wealth management, including registered investment advisors, independent broker/dealers, as well as insurance carriers and brokers.
Its wealth management clients include Sequoia Financial, Allworth Financial and Mission Wealth.
When it comes to RIAs and broker/dealers, the platform is built to automate customer onboarding, proposal generation, mergers and acquisitions, transitions, account opening and account maintenance.
Feathery’s system is intended to collect and organize customer data, synchronize systems of record and standardize data across platforms, the company said. Its AI decision-making system is designed to analyze business data, feature insights and recommendations, and feed the analysis and results back into workflows.
“With this funding, we’re doubling down on data networking products for our customers to help organizations make faster, more accurate decisions and move data across their workflows,” said Zach Kahn, founder of Fesery, in a prepared statement.
Khan in 2011 He co-founded Feathery with Robinhood alum Peter Dunn in 2021, seeding the same year and Official launch of the company in 2022.
Participated in Feathery 2026 WealthStack Demos Contest at Wealth Management EDGE At a conference in Boca Raton where the company’s consultant, Ara Coutts, demonstrated its automated advisor transition tool.
