𝗥𝗮𝗻𝗴𝗲 𝗥𝗮𝗶𝘀𝗲𝘀 $𝟲𝟬𝗠 𝗦𝗲𝗿𝗶𝗲𝘀 𝗖 𝘁𝗼 𝗦𝗰𝗮𝗹𝗲 𝗜𝘁𝘀 𝗔𝗜-𝗣𝗼𝘄𝗲𝗿𝗲𝗱 𝗪𝗲𝗮𝗹𝘁𝗵 𝗠𝗮𝗻𝗮𝗴𝗲𝗺𝗲𝗻𝘁 𝗣𝗹𝗮𝘁𝗳𝗼𝗿𝗺

Range has raised a $60 million Series C round led by Scale Venture Partners, with participation from Gradient Ventures, Cathay Innovation, and several new investors including 53 Stations. The financing brings the company’s total capital raised to more than $100 million. As part of the round, Rocket Money CEO Haroon Mokhtarzada and Scale Venture Partners’ Alex Niehenke will join the company’s board of advisors, adding experience in consumer finance, product scaling, and venture-backed operational growth. 

The company plans to use the new capital to expand hiring across AI, product, and go-to-market functions while advancing its AI wealth manager, Rai, to deliver predictive planning and proactive tax optimization. Range also intends to grow its enterprise partnerships and broaden its investment solutions by adding broker-dealer services. The platform currently oversees $400 million in AUM and $9.5 billion in AUA, serving more than 5,000 high-net-worth customers across all 50 states. 

Range reports 300 percent year-over-year revenue growth, citing demand from households priced out of traditional advisory models. Its AI-driven advisor handles thousands of financial inquiries monthly and has reduced messaging to human advisors by half. With its latest funding, Range aims to expand its national footprint, particularly on the West Coast, and continue redefining wealth management accessibility through technology.