AI Wealth Management Startup Range Raises $60 Million to Expand Financial Planning Services
Summary
AI-powered wealth management startup Range secures $60 million in Series C funding to expand flat-fee financial planning services targeting mass affluent Americans who currently lack professional financial advice, using artificial intelligence to guide complex retirement, tax, and equity compensation decisions.
Key Points
- Range, an AI-powered wealth management startup offering flat-fee financial planning services to mass affluent households, raises $60 million in Series C funding
- CEO Fahad Hassan confirms the funding round as the company targets Americans who lack professional financial advice
- The startup uses artificial intelligence to help clients navigate complex decisions around retirement, taxes, and equity compensation