Zocks Secures $45 Million to Advance Agentic AI for Financial Advisors

The privacy-first AI platform Zocks has secured $45 million in Series B funding to expand its capabilities for wealth management professionals. Co-led by Lightspeed Venture Partners and QED Investors, the round brings the company's total funding to $65 million since its launch in 2024. Zocks provides a specialized assistant that automates administrative tasks by turning unstructured client conversations into structured data and actionable insights. 

The platform is designed to serve as a system of work that integrates with existing CRMs, financial planning tools, and portfolio management systems. By automating note-taking, document processing, and meeting preparation, the solution reportedly saves advisors more than 10 hours of manual work per week. This automation addresses the "Good" uses of artificial intelligence by leveraging large data sets to improve content creation, client engagement, and operational efficiency. 

With the new capital, Zocks plans to transition from basic task automation toward agentic AI that surfaces specific planning opportunities across an advisor's entire book of business. These advancements will help firms identify client needs—such as missing college savings plans or held-away assets—and carry out suggested next steps with one click. The expansion also includes deepened enterprise integrations and enhanced security features to meet the rigorous compliance standards of the wealth management industry.

Knote: The notetakers are growing up fast! Notetaking is now just table stakes and the smarter firms are building additional functionality fast and furiously. It’s definitely a “sprint or die” situation but the prize is probably worth it, at least as far as Lightspeed and QED are concerned and they usually have good insights on that sort of thing.  

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