Jump raises $80M Series B led by Insight Partners

Jump raises $80M Series B led by Insight Partners

Jump Secures $80 Million Series B Funding to Expand AI Solutions for Financial Advisors

Salt Lake City-based fintech firm Jump has closed an $80 million Series B funding round led by Insight Partners, a global software investor. The round includes participation from new investors such as F-Prime, Allianz Life Ventures, TIAA Ventures, and Peterson Partners, alongside existing backers like Battery Ventures and Citi Ventures. This brings Jump's total capital raised to $105 million, following its $20 million Series A round in 2025.

Jump, founded in 2023, provides AI-driven tools designed to streamline workflows for financial advisors. Its platform automates tasks such as meeting preparation, note-taking, and CRM updates while embedding compliance features. The company has experienced rapid adoption, scaling to 27,000 advisors in under two years, with over 2,000 new users added monthly. Nearly 10% of U.S. financial advisors now use Jump, including enterprise clients like Focus Financial Partners and LPL Financial.

The funding will accelerate development of Jump's "intelligence and action layer," expanding its AI capabilities beyond automation to include proactive insights for advisors. Parker Ence, Jump's co-founder and CEO, highlighted that an enterprise RIA reported significant ROI from Jump's tools, including a 1–2 hour daily time savings per advisor and increased organic growth rates.

Insight Partners' managing director, Crissy Behrens, emphasized Jump's "exceptional product velocity" and its potential to redefine AI applications in wealth management. The company also plans to address key challenges for financial firms, including operational efficiency, client engagement, and scalability, through enhanced AI-driven workflows.

With $12 trillion in assets managed by its users, Jump's technology has processed 183 continuous years of client meetings to date. The firm aims to further integrate its solutions into complex firm structures while maintaining compliance rigor.

This investment underscores growing interest in AI-driven financial services tools, as firms seek to balance productivity gains with regulatory requirements.

BusinessWire, February 19, 2026.