AI-powered assistant for financial advisors Zeplyn raises $3 million

Zeplyn, an AI-powered assistant platform tailored for financial advisors, has closed a $3 million seed funding round led by Leo Capital, with participation from Converge and several angel investors.

The new capital will fuel Zeplyn's ambitious plans to enhance and expand its AI-driven offerings, specifically aimed at automating and optimizing wealth management workflows.

The round builds on an initial $2.6 million raised in June, bringing the total to $5.6 million in this early stage of growth.

What does Zeplyn do?

Founded in 2023 by former Google engineers Divam Jain and Era Jain, Zeplyn aims to tackle common challenges in wealth management.

By reducing the administrative load on financial advisors, the startup's technology frees up valuable time, enabling advisors to focus more on client relationships and personalized service. 

"Advisors often lose significant time to manual tasks like note-taking, which disrupts client engagement and risks data accuracy," explained Zeplyn CEO Era Jain.

Zeplyn's flagship AI Meeting Assistant captures unstructured conversational data in real-time and converts it into precise, actionable notes. This automated system saves financial advisors an estimated 10-12 hours weekly, automating tasks from meeting preparation to follow-up actions while meeting strict compliance requirements.

Time savings and enhanced client experience

Zeplyn’s unique platform improves advisor efficiency by automatically updating client records and protecting sensitive personal information (PII), streamlining workflows across both virtual and in-person meetings.

It integrates seamlessly with popular CRM systems like Salesforce, Redtail, and Wealthbox, providing a platform-agnostic solution that aligns with existing advisor technology stacks.

According to Trevor Chuna, CTO at Sequoia Financial Group, the AI tool has reduced follow-up times by up to an hour for many team members. “Zeplyn is helping us deliver a level of personalized service at scale that enhances both client satisfaction and our advisors’ productivity,” said Chuna.

A Vision for growth

With this funding, Zeplyn plans to expand its team, accelerate product development, and intensify its marketing efforts.

As the wealth management industry faces increasing pressure to deliver personalized, data-driven experiences, Zeplyn positions itself as a critical enabler for advisory firms adapting to an AI-powered future.

As Jain, Zeplyn’s CTO, highlights, “We aim to help advisors prioritize client interactions over manual tasks, bringing significant productivity gains to the wealth management sector.”