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Nevis, a New York startup founded by former Revolut executives, announced Monday it raised $70 million in a Series B round. The company, valued at $500 million, uses AI to automate paperwork for financial advisors. Total funding reaches $110 million with EQT Ventures leading. Assets managed on its platform grew from $50 billion to $700 billion.
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Summary by ByteBrief
Mave Raises $28M Series A for AI Security