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Sequoia Bets AI Startup Will Help, Not Replace, Wealth . . . So the former Revolut executive built a startup, Nevis, that’s attracted $40 million in funding from the likes of Sequoia Capital to use AI to streamline a wealth adviser’s operational workload
Nevis, which develops AI agents to automate wealth advisers . . . Nevis, which develops AI agents to automate wealth advisers' grunt work, raised a $35M Series A from Sequoia and others at a $200M valuation, after a $5M seed — Many companies are trying to replace wealth advisers with artificial intelligence, but Mark Swan's bet is that humans are here to stay
Nevis - AI Platform for Wealth Management Nevis is an AI platform for wealth management that helps financial advisors and their teams automate core workflows — like meeting prep and account opening — supercharging teams to spend more time with clients and less time on admin
Sequoia Sees Bigger Money in AI-Linked Software Than Models (Bloomberg) -- Venture capital giant Sequoia Capital believes the bulk of billion-dollar companies created in artificial intelligence will come from making applications rather than building models