Pave Finance Raises $14M to Accelerate AI-Driven Personalized Wealth Management for Advisors

Pave Finance Secures $14M in Oversubscribed Seed Round to Boost AI-Powered Wealth Management Platform

Pave Finance, Inc. has raised $14 million in a seed financing round that exceeded its initial $10 million target. This oversubscription reflects strong investor interest in Pave’s AI-driven software designed to help investment advisors customize and automate portfolio management with a personalized approach.

The new capital accelerates product development and supports the commercial launch of Pave’s professional-grade platform. The software combines an alpha scoring algorithm, an optimization engine, and a trading platform to create portfolios aligned with each client’s goals and risk tolerance. By automating routine investment tasks, Pave enables advisors to improve returns, reduce volatility, and save significant time.

Addressing Time Constraints for Wealth Advisors

Wealth advisors typically spend around 18 hours per week managing portfolios. This limits their ability to scale their services without compromising on personalization. Pave’s platform tackles this challenge by automating ongoing portfolio management while maintaining customization based on client-specific data.

Originally, Pave’s quantitative models managed billions in assets for its own investment team. The company has since converted these models into a self-service platform using machine learning and predictive analytics. The software continuously generates buy and sell recommendations, executes trades, and adjusts portfolios to maintain alignment with client objectives and risk benchmarks.

Proven Performance and Growing Adoption

• Over the past 15 years, Pave’s underlying model has outperformed the S&P 500 by an average of 285 basis points annually.
• The platform now integrates with major custodians, making onboarding straightforward for advisors.
• Pave is deployed with independent advisors managing over 60,000 accounts and $18 billion in assets collectively.

Christopher Ainsworth, CEO of Pave, emphasized the platform’s growing market acceptance and the capital’s role in further innovation and expanding capabilities. The company’s goal is to support advisors in delivering truly personalized investment outcomes at scale.

Platform Features and Industry Expertise

Pave tracks more than 10,000 publicly traded securities worldwide, allowing wealth advisors to manage equity and multi-asset portfolios efficiently. Advisors can exclude specific sectors or assets, account for existing holdings and tax factors, and optimize portfolios based on individual risk profiles.

The platform integrates seamlessly with custodians to enable quick onboarding and ongoing management. Pave’s leadership brings over 200 years of combined experience from top financial institutions like Goldman Sachs, Morgan Stanley, and J.P. Morgan, as well as technology leaders including Google, Apple, and Meta.

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