Jump Funding, Investors & Competitors

Jump has raised $109M across 3 funding rounds, most recently a $80M Series B in February 2026.

See full Jump profile

Last Jump funding round

$80M

Series B · Feb 2026

Cumulative funding Jump raised

$109M

across 3 funding rounds

Key investors in Jump

  • Pelion Venture Partners
  • Sorenson Capital
  • Battery Ventures
  • Citi Ventures
  • Insight Partners
  • F-Prime
  • Element Ventures
  • Hans Tung

Jump Overview

About Jump

Jump is an AI platform that automates note-taking, task generation, and compliance documentation from client calls for wealth advisors. The San Francisco-headquartered company integrates seamlessly with CRM systems like Salesforce and Redtail, processing thousands of hours of advisor conversations monthly. Jump serves independent advisors and RIAs managing over $50 billion in assets under management, reducing documentation time from hours to minutes. Founded in 2022 as part of the Wealth.com ecosystem, it employs natural language processing to extract key insights on investments, goals, and risks, ensuring SEC-compliant records.


Founded

2023

HQ

United StatesSalt Lake City, UT

Website

jump.ai

Status

Privately held

Customer focus

B2B

Revenue model

Subscription

Jump Funding History

Jump has raised a total of $109M across 3 funding rounds.

Jump's first fundraising round was a $5M seed round in June 2024. The most recent completed round was a $80M Series B in February 2026.

Jump funding rounds

Jump funding rounds
DateStageInvestorsRaisedDeal Summary
Feb 2026Series BInsight Partners (lead); Allianz Life Ventures; Battery Ventures; F-Prime; Hans Tung; Peterson Partners; Sorenson Capital; TIAA Ventures; Aaron Skonnard; Ryan Anderson; Citi Ventures; Pelion Venture Partners$80MJump is a Salt Lake City-based AI solutions provider founded in 2023, offering an AI-native operating system for financial advisors and financial services professionals. The platform includes over 20 AI-powered features such as automating meeting preparation, note-taking, recaps, follow-ups, CRM updates, and surfacing growth insights, with strong compliance and enterprise-grade integrations. It serves 27,000 advisors nationwide managing $12 trillion in assets, achieving rapid scaling in under two years and demonstrating 1-2 hours saved per advisor per day plus organic growth improvements in enterprise pilots. On February 19, 2026, Jump closed an $80 million Series B funding round led by Insight Partners, bringing total capital raised to $105 million after a $20 million Series A in February 2025 led by Battery Ventures. Participants included new investors F-Prime, Allianz Life Ventures, TIAA Ventures, and Peterson Partners, plus existing backers Battery Ventures, Sorenson Capital, Pelion Venture Partners, Citi Ventures, and angels Hans Tung, Ryan Anderson, and Aaron Skonnard. The funding will accelerate product research and development to expand from an AI meeting assistant into a comprehensive intelligence and AI orchestration layer for modern advisory firms, emphasizing intuitive workflows, ease of adoption, and robust compliance. Jump has overtaken competitors like Zocks in funding scale and is recognized for defining the AI category in financial services, with strong enterprise traction and product velocity highlighted by investors.
Feb 2025Series ABattery Ventures (lead); Sorenson Capital; Citi Ventures; Pelion Venture Partners$25MJump is a Salt Lake City-based AI platform founded in 2023 that provides specialized AI solutions for financial advisors, automating tasks such as meeting preparation, compliance documentation, CRM updates, note-taking, client recap emails, and financial data extraction. The platform integrates with tools like Zoom, Teams, and Salesforce, and supports customization for compliance needs. It targets independent broker-dealers, registered investment advisors, and firms of all sizes, from solo practitioners to enterprises, helping advisors focus on client relationships amid the shift to AI in wealth management. In February 2025, Jump closed a $20 million Series A funding round led by Battery Ventures, with participation from Citi Ventures and existing investors Sorenson Capital and Pelion Venture Partners. This round brought the company's total capital raised to $24.6 million, following a prior $4.6 million round in June 2024 led by Sorenson Capital. The funds are earmarked for accelerating product development, including agentic AI workflows and customized outputs, as well as expanding sales, support teams, and industry partnerships to meet growing demand. Since its public launch from closed beta in January 2024, Jump has demonstrated rapid adoption with over 35% average monthly growth and positive customer reviews. The company has grown its team from three co-founders to over 40 employees and received industry accolades, including Wealthtech Startup of the Year by Datos and three Wealthies awards from WealthManagement.com in categories like Technology Disruptor and Advisor Choice Technologies. Jump positions itself as the leading AI assistant in a competitive wealth tech landscape, emphasizing safe, practical AI adoption for financial services.
Jun 2024SeedSorenson Capital (lead); Element Ventures; Pelion Venture Partners$5MJump is an AI software platform for financial advisors that automates administrative tasks such as meeting note-taking, data analysis from client calls, follow-up email generation, task list creation, and CRM syncing with integrations including Wealthbox, Redtail, and Salesforce. Founded in 2022 by Parker Ence, Tim Chaves, and Adam Kirk, Jump launched publicly in January 2024 after intensive R&D and a closed beta, achieving adoption by hundreds of RIA and broker-dealer advisors through organic word-of-mouth growth. On June 10, 2024, Jump raised a $4.6 million seed funding round led by Sorenson Capital, with significant participation from Pelion Venture Partners and strategic angel investors. The funding aims to enhance AI capabilities, expand reach among financial advisors, develop deeper integrations with advisor technologies, increase marketing efforts, and grow the team to advance the AI-enhanced client meeting cycle. Jump won Best in Show at WealthManagement.com’s WealthStack technology demos in May 2024. Sorenson Capital Principal Eric Hilton praised Jump's category-leading product and positive advisor feedback, positioning it to define AI-native automation for financial advisors.

Who has invested in Jump?

13 investors have backed Jump across its funding rounds, including Pelion Venture Partners, Sorenson Capital, Battery Ventures, Citi Ventures, Insight Partners and F-Prime.

Lead investors include Insight Partners, Battery Ventures and Sorenson Capital.


Jump Investors

Investors in Jump by funding rounds participated
InvestorHQRoundsRoleFirst check
Sorenson CapitalUnited StatesSalt Lake City, UT3LeadJun 2024
Pelion Venture PartnersUnited StatesSalt Lake City, UT3ParticipantJun 2024
Battery VenturesUnited StatesBoston, MA2LeadFeb 2025
Citi VenturesUnited StatesSan Francisco, CA2ParticipantFeb 2025
Allianz Life VenturesUnited StatesMinneapolis, MN1ParticipantFeb 2026
Element VenturesUnited StatesProvo, UT1ParticipantJun 2024
F-PrimeUnited StatesUnited States1ParticipantFeb 2026
Hans TungUnited StatesSan Francisco, CA1ParticipantFeb 2026
Peterson PartnersUnited StatesSalt Lake City, UT1ParticipantFeb 2026
TIAA VenturesUnited StatesNew York City, NY1ParticipantFeb 2026
Aaron SkonnardUnited StatesSalt Lake City, UT1ParticipantFeb 2026

This data is available for Pro users. Sign up to see all 13 Jump investors.

Start Free Trial

Benchmark 350K+ Funding Rounds and Disclosed VC Valuation Multiples

Sign up to see data on 350K+ funding rounds and disclosed revenue and EBITDA valuation multiples, from seed, through growth stage, to pre-IPO.

Start Free Trial

Acquisitions by Jump

Jump has acquired 2 companies to date.

Last acquisition by Jump was on October 21st 2025. Jump acquired Mobile Assistant for undisclosed valuation.


Latest Acquisitions by Jump

Mobile Assistant
Bearport Publishing
Description
Mobile Assistant is a dictation service blending AI technology with human transcription for the financial and insurance industries. It processes voice recordings into accurate documents, supporting compliance-heavy sectors with secure, HIPAA-compliant workflows and rapid turnaround for reports, notes, and legal filings.
Bearport Publishing is a New York City-based publisher of nonfiction children's books on science, history, and sports. Its titles feature high-interest topics like sharks, space exploration, and extreme sports, with series such as Xtreme Night Creatures. Distributed by Lerner Publishing Group, Bearport sells to U.S. school libraries and bookstores. Founded in 2006, the publisher releases 100 new titles annually.
HQ CountryUnited StatesUnited States
HQ City
Madison, WI
Minneapolis, MN
Deal Date21 Oct 202510 Apr 2019
Valuationundisclosedundisclosed
EV/Revenue
EV/EBITDA

This data is available for Pro users. Sign up to see all Jump acquisitions and their M&A valuation multiples.

Start Free Trial

Jump Competitors

Jump competitors include listed companies like SAP, Snowflake and Nebius Group, and private ones like Anthropic, OpenAI and Databricks.

Public and private companies comparable to Jump
CompanyHQStatusRevenueEBITDAValuationRevenue Multiple
AnthropicUnited StatesSan Francisco, CAPrivate$47B-$965B20.5x
OpenAIUnited StatesSan Francisco, CAPrivate$25B-$852B34.1x
SAPGermanyGermanyPublicly listed$42B$13B$248B5.4x
DatabricksUnited StatesSan Francisco, CAPrivate$7B-$190B27.1x
SnowflakeUnited StatesUnited StatesPublicly listed$4.7B($1.3B)$119B21.0x
Nebius GroupNetherlandsNetherlandsPublicly listed$530M$512M$59B24.2x

Jump Public Comps

Jump is still privately-owned, but its public comps include CrowdStrike, SAP, Salesforce, ServiceNow, Snowflake, Adobe, Datadog, Moody's, Generali and Nebius Group.

Last FYEV/RevenueEV/EBITDA
RevenueEBITDALast FYLTM2027ELast FYLTM2027E
CrowdStrike$4.8B($12M)51.4x44.5x(19816.2x)151.0x
SAP$42B$13B5.8x5.4x18.4x17.1x
Salesforce$42B$13B5.5x5.2x17.8x12.2x
ServiceNow$13B$2.6B11.1x9.6x57.2x25.0x
Snowflake$4.7B($1.3B)25.6x21.0x(94.1x)121.7x
Adobe$24B$9.3B4.3x3.9x10.9x8.2x
Datadog$3.4B($588K)23.6x19.4x(137813.0x)77.6x
Moody's$7.7B$3.8B11.2x10.6x22.5x20.1x

This data is available for Pro users. Sign up to see all Jump competitors and their valuation data.

Start Free Trial

Common questions about Jump

When was Jump founded?Jump was founded in 2023.
Where is Jump headquartered?Jump is headquartered in Salt Lake City, UT, United States.
Is Jump publicly listed?No, Jump is a private, VC-backed company.
How much funding has Jump raised?Jump has raised $109M across 3 funding rounds.
What was Jump's last funding round?Jump's last funding round was a $80M Series B in February 2026, led by Insight Partners.
Who are Jump's investors?Jump's investors include Sorenson Capital, Pelion Venture Partners, Battery Ventures, Citi Ventures, Allianz Life Ventures, Element Ventures, F-Prime, Hans Tung, Peterson Partners, TIAA Ventures and 3 others.
Which companies are comparable to Jump?Companies comparable to Jump include Anthropic, OpenAI, SAP, Databricks, Snowflake and Nebius Group.
How many companies has Jump acquired?Jump has acquired 2 companies, including Mobile Assistant and Bearport Publishing.

See companies similar to Jump

Start Your
Free Trial Today

Try Multiples for free for 3 days. Got questions or need a demo? Schedule a call with us below.

Start Trial