Range Raises $60M Series C Led by Scale Venture Partners

Gunderson Dettmer represented client Range, the AI-powered wealth management platform revolutionizing how Americans plan their financial futures, in its $60 million Series C financing led by Scale Venture Partners. The funding round also included participation from Gradient Ventures and Cathay Innovation, along with several new investors including 53 Stations. 

Range delivers institutional-grade financial planning through AI at a fraction of the cost of traditional advisors, making wealth management accessible to millions of households. 

The company plans to use the new capital to expand into broker-dealer services, broadening the investment products and financial solutions available to members beyond its current RIA platform. 

In the announcement of the transaction, Range co-founder and CEO Fahad Hassan said, “The traditional wealth management model is fundamentally broken—slow, expensive, and accessible only to the ultra-wealthy. This new funding ensures we can accelerate our growth—reaching more households, expanding our capabilities, and setting a new standard for what financial advice should look like when powered with hyperfocused AI."

The Gunderson deal team was led by Nic Markman and included Anjuli Schlievert and Mark Mabry.

Companies
Range
Scale Venture Partners
Gradient Ventures
Cathay Innovation
53 Stations