Pave Finance raises $14M in oversubscribed seed funding to scale AI-powered portfolio management

Wealth management startup Pave Finance has raised $14 million in an oversubscribed seed round, surpassing its initial $10 million target as investor demand poured in. The funding will accelerate the commercial rollout of its AI-powered portfolio management platform, already being adopted by advisors managing more than 60,000 accounts with $18 billion in client assets.

Advisors spend nearly half their week—about 18 hours—managing portfolios, a grind that limits their ability to scale while maintaining personalization. Pave wants to change that. Its platform combines an alpha scoring algorithm, optimization engine, and trading system to automate investment management end-to-end. The goal: free up advisors to focus on clients while delivering personalized portfolios aligned with each investor’s goals and risk tolerance.

The foundation of Pave’s technology isn’t new. For years, its investment team relied on proprietary quantitative models that steered billions in assets. Those models, sharpened with machine learning and predictive analytics, are now packaged into a self-service platform. As markets shift, the system generates buy and sell recommendations, executes trades, and builds customized portfolios. Over the past 15 years, the core model has outperformed the S&P 500 by an average of 285 basis points annually.

That momentum—and the strong investor response—has positioned Pave at the center of a fast-growing shift in wealth management.

WealthTech Startup Pave Finance Raises $14M Oversubscribed Seed to Bring Personalized Portfolio Management to Advisors at Scale

Adoption is already underway. Integrated with major custodians, Pave is being deployed to independent advisors who collectively oversee tens of billions in assets. The software tracks more than 10,000 publicly traded securities worldwide and gives advisors flexibility to exclude sectors, industries, or individual assets while factoring in tax implications and existing holdings.

“The market acceptance, acceleration of advisor adoption, and assets flowing into Pave underscores the strength of our industry-leading platform,” said Christopher Ainsworth, Chief Executive Officer of Pave. “These milestones highlight the meaningful impact we are making for advisors and their clients. Pave is transforming how portfolios are built, personalized and managed. This new injection of capital enables us to accelerate innovation, expand our capabilities, and further support advisors in delivering truly personalized investment outcomes at scale.”

The leadership team behind Pave brings together more than two centuries of experience from institutions like Goldman Sachs, Morgan Stanley, Bank of America, Merrill Lynch, J.P. Morgan, Fidelity, and several hedge funds, as well as tech companies including Google, Apple, Meta, Amazon, Wealthfront, DriveWealth, and E-Trade.

Founded in 2021 and headquartered in New York, Pave Finance operates across three business lines: its SaaS-based portfolio management platform through Pave Labs, brokerage services under Pave Securities, and advisory services via Pave Investment Advisors. Revenue streams come from software licensing, broker-dealer activity such as trading and securities lending, and advisory fees for discretionary and non-discretionary asset management.

With fresh capital in hand, Pave is betting that automating investment management can help advisors scale without losing the personal touch—and deliver better returns in the process.