EQT Ventures leads $70 million funding round for Nevis
SCHW•EQT Ventures is leading a $70 million funding round for Nevis, with Charles Schwab and QuantumLight joining as new investors. Nevis said platform assets grew from $50 billion to $700 billion in 2026, while revenue increased more than 25-fold.
1. Funding and growth
EQT Ventures is leading a $70 million funding round for Nevis, an AI platform that automates operational work for wealth advisors. Charles Schwab and QuantumLight are joining as new investors, while existing investors Sequoia Capital, ICONIQ and Ribbit Capital increased their commitments. Nevis said assets on its platform grew from $50 billion to $700 billion in 2026 and revenue increased more than 25-fold over the same period.
