Clove Raises $14 Million for AI Financial Advice Platform

AI financial advice platform Clove has secured $14 million in a pre-seed round led by Accel to make personalized financial guidance more accessible.

By StartupHub.ai Staff, reviewed by Daniel Singer, Editor

Oct 15, 20251 min read

Clove Raises $14 Million for AI Financial Advice Platform

AI financial advice platform Clove has secured $14 million in a pre-seed round led by Accel to make personalized financial guidance more accessible.

Clove has raised $14 million in a pre-seed funding round. The fintech startup is developing an AI financial advice platform. Accel led the investment. Kindred and Air Street also participated in the round. Clove aims to make financial advice more accessible. The company states that only 9% of UK adults currently receive professional financial advice. It also notes that many advisers are no longer serving less wealthy clients. The platform will combine human advisers with artificial intelligence. The AI will manage administrative tasks. This frees up advisers to focus on providing guidance to clients. Clove's goal is to deliver personalized advice at a larger scale. The new funding will support product development. It will also be used to grow the company's team of advisers, engineers, and designers. Clove is not yet authorized by the Financial Conduct Authority.

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TopicsAccel AI Air Street Capital Clove Fintech Funding Kindred Pre-Seed Funding

Written by

StartupHub.ai Staff

Editorial team

The staff writers of StartupHub.ai, ranging from investment analysts to avid AI tool users, early adopters and critical enthusiasts. Backgrounds span engineering, business and the arts. We hold every piece to rigorous standards of research and review.