The problem
Traditional advisors charge ~1% of assets, are slow and opaque, and most households never get comprehensive financial advice
What they do
AI-powered, flat-fee wealth management (investments, tax, retirement, estate) for high-income households, with AI advisor Rai
Traction Crossed $1B AUM in Sep 2026 (from $400M at Nov 2025 raise); 300% YoY revenue growth; 6,000+ clients
Hiring trend
- Open roles
- 65
- Ops roles
- 5
- Headcount
- ~240
Aggressive hiring: 64 open roles across McLean VA, NYC and Bellevue WA (engineering, planners, sales, ops); LinkedIn headcount up ~65% YoY
Hiring in
- McLean
- New York
- Bellevue
Latest news
Sep 2026
Partnered with Apex Fintech Solutions (AscendOS) for custody, self-directed accounts and direct indexing, laying groundwork for broker-dealer services ↗Funding
- Last round
- $60M
- Stage
- Series C
- Date
- Nov 2025
Led by Scale Venture Partners
- Hiring+265 open roles on the live job board (30+ roles = +2)
- Funding recency+1Series C · $60M, Nov 2025 (11 months ago): 6–12 months = +1
- Traction+1.5Strong growth: Crossed $1B AUM in Sep 2026 (from $400M at Nov 2025 raise); 300% YoY revenue growth; 6,000+ clients
- Red flags0None found in the last 24 months
- Total4.52 + 1 + 1.5 − 0 = 4.5 → Race (4.25–4.74)
Distance (10K) is a separate read on how long the lead can last. It doesn't change the score.
Distance
10K · edge: hard to leave
Growing fast, but $1B AUM is small next to established wealth managers and robo-advisors.
Last checked Oct 25, 2026