Feathery Secures $30M to Expand AI Wealth Management Tools

Feathery, an AI-powered operating and decisioning system for financial services, has completed its Series A funding round with $30 million in total capital, led by Portage Ventures with participation from Index Ventures, Allstate Strategic Ventures, and others. The investment follows a $4.5 million seed round in 2021 and marks a significant milestone for the company. Feathery serves over 300 firms across wealth management and insurance, processing tens of millions of monthly transactions. Key clients include Sequoia Financial, Allworth Financial, and Mission Wealth. The platform automates workflows for client onboarding, proposal generation, mergers and acquisitions, and more. Feathery's AI decisioning system analyzes business data to provide insights and recommendations, feeding results back into workflows. Co-founder Zack Khan stated, "This funding allows us to focus on products that leverage our client data network to help firms make faster, more accurate decisions." Feathery participated in the 2026 WealthStack Demos competition, showcasing its automated advisor transitioning tool.

The investment underscores the growing importance of AI integration in financial technology, positioning Feathery as a key player in the sector's digital transformation.