San Francisco-based Zocks has raised $45 million in a Series B round to expand the role of AI in how financial advisors operate and grow their businesses.
The round was co-led by Lightspeed Venture Partners and QED Investors, with participation from Illuminate Financial and existing backers Motive Partners, Expanse Venture Partners, Entrée Capital, and 14Peaks Capital. This funding brings Zox’s total funding to $65 million, following the $13.8 million Series A raised in March 2025.
Privacy-first AI platform for financial advisors
Zocks, led by Mark Gilbert, offers a privacy-first AI platform designed specifically for financial advisors. Until now, the company has primarily focused on automating time-consuming office tasks.
Zocks integrates directly with core advisor tools such as CRM systems, financial planning software, tax platforms, and portfolio management tools. This allows you to automate workflows such as client onboarding, account opening, meeting preparation, follow-up, and document processing.
The company’s platform already saves advisors more than 10 hours a week by turning client conversations into structured data. By combining conversation data with information from these systems, the company can uncover insights across an advisor’s work.
Advisors can use the platform to identify clients who don’t have a college savings plan, have assets held out of control, or are approaching the required minimum distribution age, and receive recommendations for next steps that can be completed with one click.
Zox says more than 5,000 financial companies are currently using its platform. Corporate customers include Ameritas, Carson Group, Kestra Financial, and Osaic.
“Zocks is emerging as more than just an AI conferencing tool, but a work system for advisors and agents. We’re very impressed with the depth of its workflow automation and ability to operate core systems, data sources, and compliance environments at enterprise scale. Zocks will become an essential infrastructure as companies look to scale personalized services and compete on customer experiences across wealth, banking, and insurance,” said Laura Bock, Partner at QED Investors. “
What’s next?
With the new funding, the US company plans to position its AI platform as the central operating layer for modern financial advisory firms and further expand its enterprise capabilities, including integration, security and compliance capabilities.
“This past year has shown us how rapidly AI is advancing, and how quickly customer expectations are changing with it. Customers want highly personalized service where advisors anticipate their needs. Zocks was a system of work for advisors, and now it’s an insight system for advisors and businesses. We aggregate data and intelligence to identify revenue-generating activities and guide advisors to be more personalized and proactive across the board,” Gilbert said.
