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Zocks Raises $45 Million Series B Led by Lightspeed and QED to Scale Advisor-Focused AI

The company says the financing will accelerate its push to make its privacy-first assistant a core system for large advisory firms.

Overview

  • The $45 million round was co-led by Lightspeed Venture Partners and QED Investors, included participation from existing backers and Illuminate Financial, and lifts total funding to $65 million after a $13.8 million Series A in March 2025.
  • Zocks’ platform converts client conversations into structured data and automates workflows such as onboarding, account openings, meeting preparation, follow-ups, and document handling across integrated CRM, planning, tax, and portfolio tools.
  • The company reports usage at more than 5,000 financial firms, with enterprise customers that include Ameritas, Carson Group, Kestra Financial, and Osaic.
  • New capital will go to expanding agentic AI capabilities, deepening enterprise integrations, and strengthening security and compliance as Zocks positions itself as an operating and insight layer for advisory firms.
  • Zocks operates primarily in the U.S. and Canada with plans to expand to Europe, and it has recently added integrations such as Document Intelligence with eMoney Advisor and a bidirectional connection with Orion.