Dispatch announced the close of an $18 million Series A funding round led by Brewer Lane Ventures, following earlier investments led by Twelve Below and F-Prime.
A Fragmented Industry
The wealth management industry has long struggled with a fundamental problem: disconnected systems that can’t share data. Advisory firms juggle separate platforms for client onboarding, portfolio management, billing and more. This fragmentation creates repetitive manual tasks, error-prone reconciliation and blind trust in AI models fed with inconsistent data.
Wealth advisors relying on these tools spend less time with clients and more time on administrative work. The problem has worsened as demands for personalization and specialization lead firms to adopt more software solutions that produce still more incompatible data.
Solution for Wealth Managers
Dispatch was built to solve this problem. Its platform automates client onboarding, syncs data in real-time across every major system and feeds AI-driven workflows with clean, normalized information.
Instead of forcing advisors to connect, map and maintain multiple systems manually, Dispatch handles bi-directional integrations across a firm’s entire tech stack. Its proprietary Form Builder completes every field on custodial forms automatically, while its integrations reconcile thousands of data points across CRM, billing, reporting, document storage and custodial platforms.
Series A and Market Momentum
This month, Dispatch announced the close of an $18 million Series A funding round led by Brewer Lane Ventures, bringing the company’s total capital raised to $30 million. Twelve Below, which led Dispatch’s pre-seed round in 2022, sees this milestone as proof that the financial services industry needs foundational data infrastructure.
The Series A round included participation from New York Life Ventures, MassMutual Ventures, Perceptive Ventures, F-Prime, Flyover Capital, Fika Ventures and CoFound.
Over the past year Dispatch has also secured partnerships with several prominent wealth management firms — including Mariner, Sanctuary Wealth and Choreo — that collectively oversee more than $1 trillion in assets under advisement. The platform has helped firms save thousands of hours in manual workflows while cutting error rates by over 90%.
Our Early Conviction
When we first met co-founders Rob Nance and Madalyn Armijo, their vision was clear: don’t replace human advisors, amplify their impact. That clarity came from experience. Rob and Madalyn started their careers in investment management and are intimately familiar with the pain points advisors face. That domain expertise, combined with their entrepreneurial experience in fintech, offered a unique vantage point to modernize the RIA industry.
We recognized early that the RIA market was ripe for infrastructure innovation. With over 30,000 registered advisors managing $114 trillion in assets, the fragmentation was acute: roughly 80% are independent firms managing their own complex tech stacks, with advisors spending nearly half their day on back-office tasks rather than serving clients. Dispatch’s data orchestration layer addresses a fundamental need in a massive, underserved market.
Looking Forward
The $18M Series A is a strong signal that the financial services industry is ready for a critical layer of data integrity, orchestration and automation.
The funding will accelerate Dispatch’s investment in agentic workflows and AI-driven data orchestration while expanding integration coverage to support every major platform in the advisory tech stack.
The companies that address fundamental challenges — not just build new applications — will shape the next generation of financial services. As advisory firms navigate rising client expectations and accelerating technological change, data orchestration will determine who thrives and who falls behind.