AI-based wealth management platform Range has raised $28 million in Series B funding, led by Cathay Innovation and Gradient Ventures, bringing its total funding to $40 million. The platform uses its proprietary AI engine, Rai, to provide comprehensive financial services—covering investments, taxes, estate, retirement, and insurance—at a fraction of the cost and time compared to traditional advisors. With over 1,000 high-net-worth clients and $3 billion in assets under management, Range plans to use the funding to scale operations, enhance its AI capabilities, and expand its reach in a wealth management industry ripe for disruption.
AI-Based Wealth Tech Company Range Raises $28 Million Series B
