Zeplyn, a cutting-edge platform designed to optimize wealth management workflows, has successfully raised $3 million in seed funding. The round was led by Leo Capital, with additional participation from several angel investors and VC firm Converge. This fresh injection of capital comes shortly after the company secured $2.6 million in a similar round earlier this year, demonstrating strong investor confidence in its business model and growth potential.
The newly raised funds will be used by Zeplyn to expand its team, accelerate product development, and enhance its sales and marketing initiatives.
Founded in 2023 by Era Jain and Divam Jain, Zeplyn aims to reduce the administrative burden on financial advisors by leveraging automation and artificial intelligence. The platform is specifically designed to improve the advisor-client experience by automating time-consuming tasks, such as meeting preparation, note-taking, and post-meeting workflows, while ensuring compliance with industry regulations.
At the core of Zeplyn’s offering is its AI-powered Meeting Assistant. This tool takes unstructured conversational data and transforms it into accurate, actionable notes. It helps streamline financial advisors’ daily processes, allowing them to focus on providing better service to clients rather than managing administrative tasks. The platform also offers compliance-driven features, ensuring that meeting notes and client interactions adhere to the necessary industry standards.
Zeplyn is designed to be platform-agnostic, offering seamless integrations with a variety of tools, including Salesforce and specialized wealth management CRMs like Redtail and Wealthbox. This ensures that Zeplyn can easily plug into existing tech stacks, enhancing the advisor’s workflow without disrupting current systems.
The startup claims that its solution reduces manual administrative work by over 90%, saving financial advisors an average of 10-12 hours each week. This significant time-saving allows wealth management professionals to focus more on their clients and less on time-consuming administrative tasks.
As the wealth management industry continues to evolve, Zeplyn’s innovative AI-driven platform is positioned to become a key tool in the digital transformation of financial advisory services.
