Zocks, an AI assistant and meeting automation application for financial advisors, has successfully secured $45 million in Series B funding, co-led by Lightspeed Venture Partners and QED Investors, elevating its total funding to $65 million. This significant investment aims to enhance Zocks’ agentic AI capabilities, providing financial advisors with insights and planning opportunities while reinforcing automation, privacy controls, and security. Participating in this round were Illuminate Financial and existing investors, including Motive Partners and Expanse Venture Partners. Zocks integrates seamlessly with various advisor technologies, such as CRM systems and financial planning tools, thereby streamlining workflows for client onboarding, account management, and document processing. The platform utilizes conversation and platform data to uncover potential opportunities for advisors, like identifying families without college savings plans. Currently, Zocks collaborates with over 5,000 financial firms, including major names like Ameritas and Carson Group, illustrating its growing influence in the financial advisory sector.
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