# Nevis Revenue Grew More Than 25-Fold Over the Past 12 Months By John Kim Canonical URL: https://www.tokenpost.com/news/business/42532 Published: 2026-10-28T11:13:47.000Z Updated: 2026-10-28T11:13:47.000Z Section: Business > Assets overseen by advisory firms using Nevis rose from $50 billion to more than $700 billion during the same period. Nevis' revenue grew more than 25-fold over the past 12 months, a sharp rise for the AI wealth-management company as it builds software for financial advisers. Assets overseen by advisory firms using Nevis rose from $50 billion to more than $700 billion during the same period. Nevis develops [AI tools for wealth-management firms]() that automate document handling and recurring administrative work for financial advisers. Nevis works with more than 10 registered investment adviser firms, including Focus Financial Partners. Nevis plans to add staff and develop products using proceeds from its $70 million Series B. ## Links in this article - [AI tools for wealth-management firms](https://www.tokenpost.com/news/business/41235)