Nevis, a New York-based startup building #AIagents for wealth management firms, says it has raised a $70 million Series B led by EQT Ventures, bringing its total funding to $110 million two years after it was founded. The Charles Schwab Corporation and QuantumLight, the fund of Revolut founder and CEO Nik Storonsky, joined as new strategic investors, and existing backers Sequoia Capital, ICONIQ and Ribbit Capital expanded their commitments, the company said. Carolina Brochado, partner and head of EQT Ventures, will join the #Nevis board. The company's announcement did not include a valuation. Nevis said its platform brings together CRM, meeting intelligence, financial planning and custodial workflows, with AI agents that handle operational work end to end. It said assets on the platform grew from $50 billion to $700 billion in 2026 and revenue grew more than 25 times, without disclosing absolute revenue, and that its agents have completed more than 100,000 operational tasks. Customers include Focus Financial Partners, IEQ Capital and United Capital. Nevis, founded by former Revolut executives Mark Swan, Philipp Burda and Ivan Chalov, said it will use the funding to expand agent capabilities, deepen integrations and grow its product and go-to-market teams. "AI should empower financial advisors, not replace them," wrote Mark Swan, Nevis' chief executive, in a blog post announcing the round. Why it matters: Swan wrote that "the true potential of AI lies in agents that execute complex workflows end-to-end, not simply assist with individual tasks." Sources: Nevis blog, "Nevis Raises $70M Series B Led by EQT Ventures," Oct. 26, 2026; Nevis press release via Business Wire, "Nevis Raises $70 Million Series B to Grow its AI Operating System for Wealth Management," Oct. 26, 2026. Image: Nevis blog, Oct. 26, 2026.

best nyc tech x cultures this Halloweek-end worth your time (10/26): wed 10/28: - @automattic dev/ai talk with @dens Dennis Crowley (founder of foursquare, dodgeball, hopscotch - who wrote amazing substack on FSQ acquisition) thu 10/29: - @EdisonSci fdes in science - Halloween @ new museum (largest art & tech museum in nyc, live jazz @ oberon) - @AllTechIsHuman responsible ai policy summit (w/ chief security office @github and other stacked speakers) fri 10/30: - @NousResearch nous con

-*- ATTENTION NYC FOUNDERS -*- “Thanks, you made me look forward to failing!” Best feedback I’ve ever gotten on a talk. Every year for 10+ years, I give the "Failure" Keynote to the @startlead NYC cohort. I told them about losing a million dollars and filing for Chapter 7 in my early twenties, my first startup. One fellow wrote back: “If you project just strength to your team, the moment you show vulnerability, they leave.” That’s the whole job. The founders in the SLP room aren’t there to take notes. They’re building. They ask what went wrong and what you’d do differently. You can’t find that anywhere else. SLP is recruiting the Class of 2027 now. Info session is TOMORROW Tuesday, Oct 27. Founders, or anyone who knows one, sign up 👇🏾

Alta, the NYC-based AI styling and avatar app, has raised $20 million in a Series A funding round led by Forerunner Ventures, with participation from returning investors Menlo Ventures, Aglaé Ventures and Benchstrength, alongside notable angel investors including Nico Rosberg and Kelvin Beachum Jr. Led by CEO Jenny Wang and CTO Joon Kim, Alta began as an AI-powered digital closet and has evolved into a platform where users generate millions of outfits daily and create at least one Alta Avatar every second. The company will use the new funding to advance its in-house computer vision models and personalized recommendation algorithms, while expanding into new commerce categories. LEADERS: Jenny Wang & Joon Kim INVESTORS: Forerunner Ventures, Menlo Ventures, Aglae Ventures, Benchstrength, Nico Rosberg, Kelvin Beachum Jr, Jasmine Tookes, Keltie Knight, Meredith Koop, Karlie Kloss, Zita D’Hauteville, Meena Harris, Paris Johnson Jr & Rylee Martell, Manish Chandra ROUND: Series A AMOUNT: $20,000,000 HQ: New York City, New York #VentureCapital #Alta #TradedPartner #TradedVC

Stand clear of the closing doors, please - next stop: Tech:NYC. Some news - I’ve joined @techNYC as Chief Marketing Officer. I’m a native New Yorker who’s spent 30+ years building media and technology companies here, from the NBA, IAC and AOL to the companies I co-founded: Patch, Confide, and Roam. Through all of it, one conviction never changed: New York is the best place in the world to build. Period. What Tech:NYC has accomplished in its first ten years is remarkable - growing from 40 founding member companies into the indispensable voice of a tech sector that now drives nearly a quarter of the city’s economy. A first decade like that isn’t just a track record - it’s a running start. I’m beyond thrilled to work with @juliepsamuels, Sarah Brown, the extraordinary Tech:NYC team, and a Board that’s a genuine murderers’ row - to take this organization to the next level and meet the moment. Both for the industry, and for New York. Let’s go - New York in 5! 🗽

We can't stop/won't stop shouting out New York tech companies! Our celebration last week at @NYSE brought together an all-star group of founders who had recently raised Series A rounds. Highlights below! Thanks to @PwCUS & @GundersonLaw for helping make the night magical. ✨