Feathery raises $30M for AI-powered wealth management automation. The Series A, led by Portage Ventures, will fund products that tap client data networks for faster decisions.
Alpha Score of 68 reflects moderate overall profile with strong momentum, moderate value, strong quality, moderate sentiment.
Feathery, a fintech company that automates client onboarding, proposals, and account operations for wealth management and insurance firms, has raised $30 million in total funding. The round includes a recently completed Series A led by Portage Ventures, with participation from Index Ventures, Allstate Strategic Ventures, Clocktower Ventures, Erie Strategic Ventures and Bain Capital Ventures. Feathery raised a $4.5 million seed round in 2021.
The company says it serves more than 300 firms across insurance and wealth management, including registered investment advisors, independent broker-dealers, and insurance carriers. Its platform processes tens of millions of monthly submissions. Wealth management clients include Sequoia Financial, Allworth Financial and Mission Wealth.
Feathery calls itself an artificial intelligence operating and decisioning system for financial services. The platform collects and structures client information, synchronizes systems of record, and normalizes data across platforms. Its AI decisioning system analyzes business data, surfaces recommendations, and feeds results back into workflows.
For RIAs and broker-dealers, the platform automates workflows for client onboarding, proposal generation, mergers and acquisitions, transitions, account opening and account maintenance.
“With this funding, we’re doubling down on products that tap our data network across clients to help firms make faster, more accurate decisions and move data seamlessly across their workflows,” said Zack Khan, co-founder of Feathery, in a prepared statement.
Khan co-founded Feathery with Robinhood alum Peter Dun in 2021. The company launched publicly in 2022. Feathery participated in the 2026 WealthStack Demos competition at the Wealth Management EDGE conference in Boca Raton, where company advisor Ara Coutts showcased its automated advisor transitioning tool.
Allstate Strategic Ventures participated in the round. Allstate Corporation carries an Alpha Score of 73/100, labeled Moderate, in the Financials sector.
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