FINNY, the AI-powered prospecting and marketing platform built for financial advisors, has closed a $17 million Series A funding round led by Venrock. The investment validates the market demand for automated solutions tackling the wealth management industry’s persistent organic growth problem.
FINNY, the AI platform aiming to automate the tedious process of client acquisition for financial advisors, has secured $17 million in Series A funding. The round, led by venture capital firm Venrock, follows a $4.3 million seed raise announced in late 2024, bringing the company’s total funding to over $20 million in less than a year.
The significant FINNY funding injection signals investor confidence in the platform’s ability to solve what has become a critical bottleneck in wealth management: advisor time constraints. According to industry research, the vast majority of Registered Investment Advisors (RIAs) cite insufficient time and support as major barriers to growth. As the industry pivots away from a decade dominated by merger and acquisition activity, the focus is shifting back to scalable organic growth—a process FINNY is designed to fully automate.
Founded by AI engineers Eden Ovadia, Victoria Toli, and Theo Janson, FINNY leverages advanced machine learning to identify and prioritize high-intent prospects. Its proprietary "F-Score" matching engine analyzes thousands of data points, including career changes and liquidity events, to pinpoint individuals experiencing "money-in-motion" signals.
Scaling Automation in Wealth Management
The new capital will be immediately directed toward expanding FINNY’s engineering and product teams, accelerating the development of its core AI capabilities, and strengthening go-to-market efforts. The goal is to deepen automation across the entire prospecting workflow, integrating outreach across email, LinkedIn, and other engagement channels.
FINNY’s rapid adoption suggests its approach is resonating. The company claims to have achieved 50x revenue growth since January 2025 and reports that its platform generates an average of $7.7 million in new client assets per advisor annually at near-zero customer acquisition cost. More than 400 firms are currently using the latest version of the platform.
The FINNY funding round included participation from strategic investors such as former Vanguard chairman and CEO William McNabb, Activant, and Altruist’s Jason Wenk, alongside continued support from existing backers Y Combinator and Maple VC.
