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Zocks, the privacy-first AI platform built specifically for financial advisors, has closed a $45 million Series B funding round co-led by Lightspeed Venture Partners and QED Investors, with participation from Illuminate Financial and all existing investors including Motive Partners, Expanse Venture Partners, Entrée Capital, and 14Peaks Capital. The new capital brings Zocks’ total funding to $65 million following its $13.8 million Series A in March 2025. The investment will accelerate the evolution of Zocks’ agentic AI from an administrative efficiency tool into a powerful engine for identifying growth opportunities and driving personalized client engagement across advisors’ entire books of business.
With this funding, Zocks will enhance its agentic AI to go beyond task automation. The platform now combines conversation data with connected systems to deliver actionable intelligence—allowing advisors to query for underserved opportunities (such as families without college savings plans, outdated 401(k)s, or clients nearing required minimum distributions), receive tailored next steps, and act immediately. This shift positions Zocks as both a system of work and a system of insight, helping advisors anticipate client needs and proactively drive revenue.
Investments will strengthen enterprise capabilities through expanded integrations, advanced security controls, and robust compliance features. This enables large firms to deploy agentic AI confidently while maintaining privacy-first standards and regulatory adherence, supporting scalable, personalized service delivery across wealth management, banking, and insurance.
"Zocks stands apart because they deeply understand both the technology and our profession," said Shannon Spotswood, CEO of RFG Advisory. "They've built that expertise into an AI product that solves real problems for advisors and their teams, from eliminating operational bottlenecks to surfacing insights we could not access any other way. With Zocks, our advisors can maximize their time and run a better business without compromising the independence that defines who we are."
"This past year has shown just how fast AI is advancing and, with it, how quickly client expectations are changing,” said Mark Gilbert, CEO and Co-founder of Zocks. “Clients want highly personalized service where advisors are anticipating their needs. Zocks is both a system of work for advisors, and now also a system of insight for advisors and firms. We’re aggregating data and intelligence to identify revenue-producing activities, and to guide advisors to be more personalized and proactive across their entire book."
Backers emphasized Zocks’ rapid product velocity, native AI architecture, deep workflow coverage, and enterprise-scale performance in regulated environments.
"Zocks has demonstrated exceptional velocity since Lightspeed initially led their Seed round in 2024, building a comprehensive AI platform that addresses the full spectrum of advisor workflows," said Arif Janmohamed, Partner at Lightspeed. "Their product-first culture, native AI architecture, and integration depth give them a clear advantage in capturing a huge market. We’re excited to continue to re-invest and co-lead this latest round."
“Zocks isn’t just another AI meeting tool, it’s emerging as the system of work for advisors and agents,” said Laura Bock, Partner at QED Investors. “We were super impressed by the depth of workflow automation and the ability to operate across core systems, data sources, and compliance environments at enterprise scale. As firms look to scale personalized service and compete on client experience across wealth, banking, and insurance, Zocks will become essential infrastructure.”
About Zocks
Zocks is the AI Assistant for financial services. Its privacy-first platform saves financial advisors 10+ hours a week by automating administrative tasks like meeting preparation and notes, intake and account opening forms, tailored client emails, document processing, and more. With powerful integrations and enterprise-ready controls, Zocks turns every client conversation into structured, accurate data and insights that strengthen relationships and fuel business growth.
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