Pave Finance $14mm Seed Funding

Pave Finance, a New York–based WealthTech specializing in portfolio management software, announced the close of a $14 million oversubscribed seed round, exceeding its initial $10 million target. The financing will accelerate the commercial rollout of its AI-powered, institutional-grade wealth management platform, which is designed to bring sophisticated quantitative tools—once reserved for hedge funds and asset managers—directly to financial advisors and their clients.

Pave’s platform integrates machine learning, predictive analytics, and direct trading capabilities to deliver customized portfolios tailored to individual client goals. Its approach combines alpha scoring, optimization, and automated execution, enabling advisors to manage client portfolios with a level of precision previously available only to large institutions. According to back-tested data, its strategies have outperformed the S&P 500 by 285 basis points annually over the past 15 years, showcasing its potential to add meaningful value to client outcomes.

The company has already integrated with major custodians, allowing seamless adoption by advisory firms. Today, Pave’s technology supports advisors managing more than 60,000 client accounts representing $18 billion in assets, so they are still early in their journey, but the funding is a vote of confidence. With the new capital, Pave aims to expand its engineering and client-success teams, deepen product innovation, and continue democratizing access to high-quality, AI-driven investment management.

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