Pave’s AI-powered platform automates portfolio construction, optimization and trade execution for advisors.
New York, September 5, 2025
Pave Finance closed a $14 million seed round that exceeded its initial target, securing additional capital to accelerate development and commercial rollout of its AI-powered portfolio management platform for wealth advisors. The funding will support enhanced AI and optimization capabilities, expanded trading and custody integrations, and scaling of operations and onboarding. Pave’s cloud platform converts institutional quantitative models into advisor-facing tools that generate trade recommendations, optimize customized portfolios across 10,000+ securities, and automate routine management. The company reports deployment across advisors overseeing tens of thousands of accounts and billions in client assets.
Pave Finance, Inc. announced on September 5, 2025 that it closed a seed financing round at $14 million, surpassing its initial $10 million target thanks to high demand from investors. The round’s supporters included former executive officers and board members from leading U.S. financial services firms; some coverage noted that backers were not disclosed in all disclosures.
Proceeds from the round will be used to accelerate product development, support the commercial rollout of Pave’s AI-powered portfolio management platform for professional advisers, and expand capabilities to fuel ongoing growth. The capital will also back broader innovation and the company’s continued commercial expansion, including expanding operations and development efforts.
Pave positions itself as a leading provider of wealth management software that enables investment advisers to customize, personalize and automate portfolio construction and management. The platform is described as an AI-powered portfolio management tool with a set of professional software components designed for advisors.
Core components cited for the platform include a alpha scoring algorithm, an optimization engine, and a trading platform/infrastructure, forming an integrated system that supports end-to-end portfolio management.
The project relies on forms of artificial intelligence—specifically machine learning and predictive analytics—to translate quantitative models into a self-service platform for advisers. The software’s original provenance lies in the quantitative models that drove billions in asset management for Pave’s investment team.
In terms of functionality, the platform generates buy and sell recommendations as markets shift, executes trades directly, and builds customized portfolios aligned with client objectives while keeping risk in line with chosen benchmarks; it also automates ongoing investment management.
A key problem the platform targets is the advisor time-savings challenge: wealth advisers reportedly spend an average of 18 hours a week managing portfolios, which constrains scale and client customization. By streamlining these processes, the platform aims to enhance returns, minimize volatility, save advisors’ time, and enable personalization at scale.
Historical performance discussions note that, over the last 15 years, the standard model behind Pave’s software has outperformed the S&P 500 by about 2.85 percentage points per year on average. The platform is deployed to independent investment advisers who, in aggregate, manage more than 60,000 accounts with over $18 billion in client assets. Pave tracks more than 10,000+ publicly traded securities globally and supports equity and multi-asset portfolios.
Advisors on the platform can tailor portfolios by excluding sectors, industries or assets, accounting for existing holdings and tax considerations, and optimizing for each client’s risk tolerance. The platform is designed for integration with major custodians and is described as enabling fast onboarding.
Pave is NYC-based, with Christopher Ainsworth serving as Chief Executive Officer. The company’s leadership team is framed as bringing over 200 years of combined experience from a mix of financial institutions and technology firms, including a number of prominent names across both sectors.
The company notes that the market acceptance and advisor adoption of its platform are accelerating, with the capital infusion expected to accelerate innovation, expand capabilities, and further support advisors in delivering truly personalized investment outcomes at scale.
In related coverage, industry observers highlighted that the funding round was oversubscribed, with ongoing discussion about the platform’s potential to transform portfolio construction and management for advisers and their clients.
Pave Finance is a New York City–based provider of wealth management software that delivers AI-powered portfolio management tools for investment advisers.
The company raised $14 million in a seed financing round that was oversubscribed beyond its initial $10 million target.
The funds will accelerate product development, support the commercial rollout of the professional software platform, accelerate innovation, expand capabilities, and support ongoing commercial expansion and operations.
The platform is an AI-powered portfolio management tool featuring an alpha scoring algorithm, an optimization engine, and trading infrastructure to generate buy/sell ideas, execute trades, and build customized portfolios while managing risk.
The platform is designed to save advisers time, potentially improve returns, reduce volatility, and enable personalization at scale for a broad client base.
It tracks more than 10,000 publicly traded securities globally and supports equity and multi-asset portfolios for more than 60,000 accounts totaling over $18 billion in client assets.
| Feature | Description |
|---|---|
| Seed round size | $14 million, oversubscribed above the $10 million target |
| Product type | AI-powered portfolio management platform for investment advisers |
| Core components | Alpha scoring algorithm; optimization engine; trading platform |
| AI technologies | Machine learning; predictive analytics |
| Origin | Based on quantitative models that drove billions in asset management |
| Advisor benefits | Time savings; improved returns; reduced volatility; personalization at scale |
| Client base | More than 60,000 accounts; over $18 billion in client assets |
| Market coverage | Tracks 10,000+ securities globally |
| Portfolio types | Equity and multi-asset portfolios |
| Onboarding/integration | Integrates with major custodians; fast onboarding |
| Location/Leadership | New York City-based; CEO Christopher Ainsworth |
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