# Nevis raises $70M with Schwab joining wealth software investors

_Published Monday, October 26, 2026 at 12:13 PM EDT · Capital, AI, Products · Latest · Tier 2 — Notable_

![Nevis raises $70M with Schwab joining wealth software investors — Primary](https://media.thenextweb.com/2026/10/nevis-70m-funding-graphic-investor-logos.jpg)

Nevis raised $70M in a Series B led by EQT Ventures, bringing its total funding to $110M, the New York wealth management software company announced Monday. Charles Schwab and QuantumLight joined existing investors Sequoia Capital, ICONIQ and Ribbit Capital.

Its platform combines customer records, meeting notes, financial planning and account paperwork, with AI agents performing tasks such as preparing plans and opening accounts. Nevis plans to add agent features, connect with more custodians and wealth software, and hire product and sales staff. Schwab's investment follows its decision to block outside agents, including Meta's Muse, from moving client money.

## Sources

- [The Next Web](https://thenextweb.com/news/nevis-70m-series-b-ai-wealth-management)

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Canonical: https://techandbusiness.org/newswire/6EajkpQIi0YveBaprXct6l
Published: 2026-10-26T16:13:11.537Z
Story chronology: 2026-10-26T14:56:16.000Z
Retrieved: 2026-10-26T18:56:01.042Z
Publisher: Tech & Business (techandbusiness.org)