Zocks, the AI platform for financial advisors that prioritizes privacy, has announced a $45 million Series B round led by Lightspeed Venture Partners and QED Investors, taking total funding to $65 million. The platform, which is already used by more than 5,000 financial organizations such as Ameritas, Carson Group, Kestra Financial, and Osaic, automates administrative work such as client onboarding, account opening, meeting preparation, and document processing, freeing up 10+ hours of an advisor’s time every week. With the new funding, Zocks aims to expand its agentic AI capabilities from efficiency tools to a business growth engine, providing insights to identify new opportunities across advisors’ books of business and actionable next-best steps.
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“Zocks stands apart because they deeply understand both the technology and our profession,” said Shannon Spotswood, CEO of RFG Advisory. CEO and Co-founder Mark Gilbert added, “Zocks is both a system of work for advisors, and now also a system of insight…to guide advisors to be more personalized and proactive across their entire book.” The investment will also strengthen integrations, enterprise security, and compliance features for broader adoption.