Range lands $60M Series C led by Scale Venture Partners

Range, the AI-driven wealth platform, has secured a $60 million Series C round led by Scale Venture Partners, boosting total funding to over $100 million.

The round also brings in strategic support from Gradient Ventures, Cathay Innovation, and 53 Stations, underscoring a growing appetite for AI-enabled wealth solutions. The company also announced the addition of Haroon Mokhtarzada, CEO of Rocket Money, to its board of advisors, signaling a closer alignment with consumer-centric fintech leadership.

In a climate where AI-powered wealth management is moving from niche to mainstream, Range is positioned to scale beyond its existing footprint. The new capital will accelerate Rai, Range’s AI wealth advisor, while enabling accelerated West Coast expansion and expanded broker-dealer services to broaden distribution and regulatory readiness across advisory networks.

Range’s strategy centers on marrying automated, data-driven advice with scalable distribution. The funding supports continued product development, risk analytics, and integrations that help RIAs and independent brokers offer sophisticated guidance at scale. The fundraising round reinforces the broader fintech trend of large venture ecosystems backing AI-enabled, consumer-grade financial tooling.

The participation of Scale Venture Partners alongside Gradient Ventures, Cathay Innovation, and 53 Stations highlights a diversified investor base that spans traditional VC, enterprise AI, and strategic fintech blocs. With Range’s Rai at the core and a strengthened governance slate, the company aims to accelerate product-market fit and capture additional share in a rapidly evolving wealth-tech market.

Looking ahead, Range’s combination of AI-enabled guidance, broker-dealer capabilities, and a high-caliber investor syndicate positions it to compete for a larger slice of the wealth management stack as financial advice becomes increasingly automated and accessible.