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Pave Finance has raised $5 million in a Series A extension to enhance its AI-powered portfolio management tools. The funds will support hiring over 40 new team members.
Amount Raised
$5 Million
Round Type
Series A
Description
Pave Finance, based in New York City, has raised $5 million in a Series A extension, totaling $20 million in funding. The firm focuses on AI-powered portfolio management tools for financial advisors. The new capital will help expand its team, enhancing its engineering and market-facing departments. Founded in 2021, Pave Finance is dedicated to helping financial advisors customize and automate portfolio management.
Fundz sees it the moment Pave Finance raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.
Funding Insights
What this usually meansPave Finance raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
145 of these a day, filtered to the companies you pick, with the decision-maker attached.
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