Vise
Series CAI-powered wealth management
AI infrastructure platform that enables financial advisors to build, manage, and explain personalized investment portfolios at scale.
About
Vise is a B2B fintech platform that automates portfolio creation, management, and optimization for independent financial advisors and enterprise wealth management firms. Founded in 2016 by teenage entrepreneurs Samir Vasavada and Runik Mehrotra — who first met at a Northwestern University summer camp and were consulting for UBS, BCG, and Deutsche Bank before finishing college — Vise uses a custom-built nonlinear portfolio optimizer and its proprietary 'Vise Intelligence' AI engine to deliver personalized investment strategies with integrated tax-loss harvesting and direct custodian integrations. The platform has grown to over $50B in platform assets, with custodian integrations including Schwab, Fidelity, Raymond James, Pershing, and Interactive Brokers. In 2024, Vise landed a marquee partnership with NewEdge Wealth ($55B in assets), signaling its push into the enterprise RIA consolidator market.
DailyDropout Take
Vise stood out as one of the earliest startups to apply AI directly to wealth management infrastructure — not as a robo-advisor replacing humans, but as a platform empowering financial advisors with institutional-grade portfolio construction tools. Backed by Sequoia and Founders Fund at seed stage, the company's rapid ascent to unicorn status validated the thesis that advisor-tech was ripe for disruption.
Discovery signal: AI-powered wealth management platform backed by Sequoia and Founders Fund, rapid growth from seed to unicorn in under two years
What Makes Them Unique
Vise combines a custom nonlinear portfolio optimizer with a proprietary AI engine (Vise Intelligence) to deliver institutional-grade personalized portfolios at scale — enabling independent advisors to compete with large wirehouses while maintaining the human advisor relationship.
$50B+
Platform Assets
$128M+
Total Raised
$1.05B
Valuation (Series C)
Target Markets
Founders
Samir Vasavada
Co-Founder & CEO
Started building apps and consulting for major financial institutions (UBS, BCG, MassMutual, Deutsche Bank) as a teenager. Co-founded Vise at age 18.
Runik Mehrotra
Co-Founder
Met Samir at a Northwestern University summer camp at age 13. Co-founded Vise to bring AI-powered automation to wealth management.
Key People
Previously: CEO, Edelman Financial Engines
Previously: Founder, Tiburon Strategic Advisors
Previously: Head of Global Indexing, Invesco
Advisors
Former CEO
Founder, wealth management industry veteran
Former Head of Global Indexing
Funding History
Lead: Sequoia Capital
Lead: Sequoia Capital
Lead: Ribbit Capital
Valuation: $1.05B
Lead: Ribbit Capital