About
PortfolioPilot is an AI-powered financial advisor with $30B+ in tracked assets and 40K+ users (2025). Raised $4M total including $2M seed (2024) from Morado Ventures, NEA Angel Fund, and Unpopular Ventures. Targets $100K-$5M investable assets. Does not take custody—provides portfolio recommendations. Received $175K SEC fine (2024) over AI marketing claims as part of first 'AI washing' enforcement action.
Key Facts
- [1]Funding: Total funding: $4M. Last round: Aug 2024. Stage: Seed.
- [2]Employees: Employee count: 1-10.
- [3]Website: Official website: portfoliopilot.com.
- [4]AI Technology: Core AI/ML technologies: Predictive ML.
- [5]Region: Region: Americas (United States).
Founder
Alexander Harmsen
Co-founder & CEO
AI Technology
Predictive ML
Traditional ML algorithms for classification, regression, and scoring models
Classification
Market Segments
Tech Stack Layers
Details
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Frequently Asked Questions
What is PortfolioPilot?
PortfolioPilot is an AI-powered financial advisor with $30B+ in tracked assets and 40K+ users (2025). Raised $4M total including $2M seed (2024) from Morado Ventures, NEA Angel Fund, and Unpopular Ventures. Targets $100K-$5M investable assets. Does not take custody—provides portfolio recommendations. Received $175K SEC fine (2024) over AI marketing claims as part of first 'AI washing' enforcement action. PortfolioPilot is classified in the Wealth Management segment at the Applications layer of the financial AI stack.
Who founded PortfolioPilot?
PortfolioPilot was founded by Alexander Harmsen (Co-founder & CEO).
How much funding has PortfolioPilot raised?
PortfolioPilot has raised $4M in total funding, placing the company at the Seed stage. The most recent round closed in Aug 2024. Among 31 funded Wealth Management companies, PortfolioPilot ranks #29 by total capital raised. (Source: AIFI Map directory.)
What AI technology does PortfolioPilot use?
PortfolioPilot primarily leverages Predictive ML technology. Traditional ML algorithms for classification, regression, and scoring models. Within the Wealth Management segment, 14 companies use this technology.
What market segment does PortfolioPilot operate in?
PortfolioPilot operates in the Wealth Management market segment. AI wealth management companies are transforming how individuals and institutions invest, plan financially, and manage assets. This segment spans robo-advisors, portfolio optimization engines, financial planning tools, and institutional asset management platforms.
Where is PortfolioPilot headquartered?
PortfolioPilot is headquartered in San Francisco, United States. The company operates in the Americas region. The team consists of 1-10 employees. United States is home to 324 financial AI companies tracked by AIFI Map.
Who are PortfolioPilot's competitors?
Companies similar to PortfolioPilot in the Wealth Management space include Unit21 ($92M raised), Kaaj ($4M raised), Lendbuzz ($310M raised), Ramp ($2.3B raised), Brex ($1.5B raised). These companies operate in related areas of financial AI: Unit21 focuses on ai-powered fraud and aml platform. Kaaj focuses on agentic ai for small-business lending automation. Lendbuzz focuses on ai auto financing for underserved populations. (Based on AIFI Map classification data.)
What products does PortfolioPilot offer?
PortfolioPilot builds applications-layer solutions for the financial services industry. The company's core offering: Fully automated AI financial advisor. The platform is powered by Predictive ML technology.