The startup Nevis, which develops AI agents for automating administrative tasks in financial advisory, has raised €62 million. The investment round was led by EQT Ventures. This latest financing brings the company's total funding to €98 million, or $110 million, since its inception in 2024.
New strategic investors include The Charles Schwab Corporation and QuantumLight, a fund managed by Revolut CEO Nik Storonsky. Existing investors, such as Sequoia Capital, ICONIQ, and Ribbit Capital, also participated in the round. The company reports that its revenue has grown more than 25 times over the past year.
Nevis was founded by CEO Mark Swan, Chief Product Officer Philipp Burda, and COO Ivan Chalov. The platform integrates CRM, meeting intelligence, and financial planning workflows. Its customers currently manage over €625 billion in client assets, and the company's AI agents have completed more than 100,000 operational tasks.
The wealthtech sector in Europe has seen significant activity in 2026. Other notable funding rounds include Performativ's €11.96 million Series A and Fifth Dimension's €22 million Series A. Collectively, these and other recent industry investments total approximately €47.8 million, excluding the Nevis round.
