Insider Brief
- Feathery, an AI operating and decisioning system for financial services, has raised $30 million in total funding, including its recently completed Series A, from Portage Ventures, Index Ventures, Allstate Strategic Ventures, Clocktower Ventures, Erie Strategic Ventures, and Bain Capital Ventures, and now serves more than 300 firms across insurance and wealth management.
- The platform combines an AI Operating System that structures client data across systems of record with an AI Decisioning System that surfaces insights and feeds them back into workflows, processing tens of millions of monthly submissions for clients including Sequoia Financial, Tokio Marine, and Baldwin Group.
- The company plans to use the new funding to expand products leveraging its cross-client data network, while continuing to hire across engineering and go-to-market teams.
PRESS RELEASE — Feathery, the AI operating and decisioning system for financial services, announced that it has raised $30M in total funding, including its recently completed Series A, from Portage Ventures, Index Ventures, Allstate Strategic Ventures, Clocktower Ventures, Erie Strategic Ventures, and Bain Capital Ventures. The company is one of the fastest-growing AI platforms for financial services, serving more than 300 firms across insurance and wealth management.
Feathery was built with the understanding that financial service firms don’t have one workflow problem. They have hundreds, spread across different client segments and product offerings. The market today is full of point solutions that automate a single narrow task and general-purpose AI tools that struggle with the complexities of financial service regulations and scale. Enterprises need a platform flexible and specialized enough to power the entire client and policy lifecycle while fitting seamlessly into the systems they already rely on.
Feathery’s AI Operating System collects and structures client information, synchronizes every major system of record, and normalizes data across all surfaces.
Its AI Decisioning System analyzes business data flowing through the platform, surfaces strategic insights and recommendations, and continuously feeds those learnings back into workflows to drive greater automation and efficiency. Feathery meets firms where they are today, without forcing them to replace what already works.
“Financial service firms are dealing with more client data and expectations than ever before,” said Peter Dun, co-founder and CEO of Feathery. “Feathery turns those challenges into opportunities for each firm to sharpen their competitive edge, create personalized client experiences and scale operations.”
Today, Feathery processes tens of millions of monthly submissions and powers a wide range of mission-critical workflows. The typical Feathery client launches dozens of workflows, such as:
- RIAs and broker-dealers: Client onboarding, proposal generation, M&A and transitions, account opening, and account maintenance.
- Insurance carriers: Submission intake, book roll ingestion, bordereaux intake, FNOL workflows, and portfolio analysis across all lines of business
- Insurance brokers: AMS data entry, P&C proposals, policy checks, and employee benefit guide and microsite generation.
Feathery serves industry leaders within all of these segments, including:
- RIAs and broker-dealers: Sequoia Financial, Allworth Financial, Mission Wealth
- Insurance carriers: Tokio Marine, Hiscox, Banner Life
- Insurance brokers: Baldwin Group, Hilb Group, Hylant
“Feathery has earned the trust of enterprises by solving the real operational and regulatory complexity that defines financial services,” said Stephanie Choo, General Partner and Co-Head of Portage Ventures. “Every workflow Feathery powers generates data that sharpens decision-making and automates more of the business, creating a compounding advantage that deepens over time. We’re proud to back the Feathery team as they define this category.”
That compounding advantage is central to how Feathery is putting the new capital to work.
“With this funding, we’re doubling down on products that tap our data network across clients to help firms make faster, more accurate decisions and move data seamlessly across their workflows,” said Zack Khan, co-founder of Feathery.
Feathery is currently hiring across engineering and go-to-market teams. If you’re interested in joining, take a look at feathery.io/careers.
If you’re interested to see how Feathery can help your firm, please reach out.
About Feathery
Feathery is an AI operating and decisioning system purpose-built for financial services enterprises. Insurance and wealth management firms use Feathery to automate data collection, document processing, onboarding experiences, and operational workflows while integrating seamlessly with existing systems. For more information, follow Feathery on LinkedIn or visit https://www.feathery.io/.
About Portage
Portage is a global investment platform focused on fintech and financial services with over $6.4 billion in assets under management, 130+ portfolio companies, and 25+ investment professionals. Our firm has offices in Canada, the United States, Europe, and the Middle East. Our team partners with ambitious companies across all stages, through Portage Ventures and Portage Capital Solutions. We provide flexible capital and deliver a global network of investors, commercial partners, advisors, and value creation experts. Our dedicated value creation team provides portfolio companies with hands-on support in go-to-market, tech and cyber, business acceleration and M&A, and partnerships to accelerate their paths to success. With deep industry knowledge and entrepreneurial experience, Portage is committed to supporting the leaders who are reshaping financial services. Portage is a platform within Sagard, a global multi-strategy alternative asset management firm with over $46 billion in assets under management*.
For more information, visit www.portageinvest.com.
*As of March 31, 2026. Pro-forma for the Unigestion transaction which closed in April 2026.
Contacts
Media Contact
Zack Khan
Peter Dun
support@feathery.io
