Ribbit Capital

Mark Swan Verified account @MarkSwan_ · Oct 26

We've raised a $70,000,000 Series B, led by @eqtventures, bringing our total funding to $110 million in just two years.

At @neviswealth we believe financial advice will always be human-led. But advisors spend far too much time on administrative work, held back by outdated and fragmented technology.

Nevis brings CRM, meeting intelligence, financial planning and custodial workflows into one AI platform. Our agents execute work end-to-end, enabling advisors to serve more clients, deliver more services and grow faster.

The past 12 months have been extraordinary:

- Revenue has grown more than 25x.
- We've partnered with 10+ leading RIAs, including Focus Financial Partners, IEQ Capital and United Capital.
- Assets on Nevis have grown from $50B to over $700B, adding $50B every month.
- Our AI agents have completed over 100,000 operational tasks.

Advisors using Nevis are already reclaiming up to 10 hours a week and taking 30% more prospect meetings.

Our ambition is to make every financial advisor a super advisor, equipped to serve more clients, deliver more personalized advice and build businesses at an entirely new scale.

This funding will allow us to grow our team, accelerate product development and build new products across the wealth management technology stack.

I'm also excited to welcome two new investors, @CharlesSchwab and Quantum Light. Schwab's strategic investment will deepen our partnership and unlock more AI-powered workflows for the 16,000+ independent RIAs they serve. QuantumLight is the venture capital firm founded by Revolut founder and CEO Nik Storonsky.

Every one of our existing investors, including @sequoia , @ICONIQCapital and @RibbitCapital, has also doubled down.

To our customers, investors and above all our team, thank you for your trust, ambition and relentless execution.

We're building the foundational AI platform for wealth management.

And we're just getting started.

Read more here: neviswealth.com/blog/nevis-rai…

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Alfred Wahlforss Verified account @itsalfredw · Sep 29

Listen Labs is joining @Salesforce!

A year and a half ago we launched Listen, an AI platform for understanding customers, and it’s been a crazy ride ever since.

Today, we work with some of the largest companies in the world, including Microsoft, Anthropic, and Sweetgreen.

What started as an AI interviewer is now a full platform for understanding customers. Listen finds the right people, interviews them, analyzes what they say, and even simulates how they'll behave.

Listen’s growth quickly accelerated and while we were raising our next round, we met @Benioff.

Marc is a hero of mine. I've taken countless ideas from Behind the Cloud and watched him framemog every AI CEO on the planet. We're honored to get framemogged next.

With Salesforce, we can bring Listen to every company in the world, much faster.

To our customers, our mission remains the same.I stay CEO, @Florian stays CTO and the same team will keep building the product you rely on, now inside Salesforce AI Labs. Thank you for believing in us early.

To our team, families, and everyone who believed in us before there was much to believe in, thank you.

These years have been the most fun years of my life, and it’s still only just the beginning for Listen.

Now back to work. 🚀

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Zach Dell Verified account @ZachBDell · Aug 3

Today, we're launching Base Core, our own battery designed & built in Texas, and announcing our $1B Series D to bring it to homes across the country.

Three years ago, we started Base with a belief that batteries were the unlock to energy abundance. We saw battery storage as the foundation of a modern energy system, and believed we could win the market with vertical integration, technology, and relentless execution (what we now call Base Pace). So we set out to build a network of distributed batteries to deliver affordable, reliable electricity to homeowners and utilities.

While the job is far from finished, the launch of Base Core is the most meaningful step in that plan. We’ve spent the last few years learning hard lessons about building a distributed battery fleet, going from 1 install per day in June of ‘24 to 100 installs per day in June of ‘26. These lessons - how the battery is shipped, installed, used, and monitored - informed the design of Core. Now, Core will be the foundation of the company's next phase of growth.

Base Core is a first-of-its-kind home battery. At ~40 kWh it is 3x the size of most home batteries, providing up to 36 hours of backup for the average home. In the event of multi-day outage, Core is equipped with a (first of its kind) generator port - pull out a small portable generator and charge the battery back up to keep your home running as long as you need. When an outage does happen, the backup is seamless - most members won't even notice the grid went down. It's built to withstand Texas summers, Chicago Winters, and everything in between. And finally, it’s manufactured by our team in Austin, at Base Factory 1, right across the street from our HQ.

This new capital will bring Core to more homes and to accelerate our ambition beyond batteries. The round is co-led by Ribbit, Addition, Valor, and JP Morgan, with participation from new major investors D1, Sands, Coatue, Layer Global, and Energy Impact Partners. All of Base’s major existing investors are re-investing, including Thrive, Altimeter, Lightspeed, a16z, CapitalG, Trust, and more. This brings our valuation to $13B.

As we enter the most important growth period in the history of the electricity industry, our mission has not changed - advance human prosperity by delivering the world's most affordable and reliable electricity. Our strategy has not changed - technology, plus vertical integration, plus relentless execution, leads to a compounding cost advantage. What has changed is the scope of our ambition - this new capital, along with the team and capabilities we've built over the last three years, positions us to build technology across the electric stack, including what it takes to serve surging demand from AI, and to deepen our partnerships with utilities as they work to meet rising demands.

Electricity is the largest and most essential industry in the world, and it does not have a defining technology company. The company that delivers the most affordable, reliable power will be one of the largest and most impactful companies in the world. We intend to build it. If you'd like to join us, reach out.

Onwards.

basepowercompany.com/core.

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Antora Energy @antoraenergy · Jul 30

Today, we're proud to announce that Antora has closed $550 million in Series C funding, co-led by @G2VPLLC and @EclipseVentures, to meet surging energy demand across industry, data centers, and the grid.

Read more in Bloomberg: bloomberg.com/news/articles/…

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Enigma Verified account @Enigma_AI · Jul 27

We put 100 real AI-powered robots online.

Anyone in the world can control them right now, from a browser.

Go make one do something:

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