Focal, an AI platform for financial advisers, raised US$5 million in seed funding led by Distributed Ventures and Wischoff Ventures. The capital will accelerate its expansion into workflow automation and AI-powered client meeting tools. Focal’s system converts meeting notes and client conversations into structured actions such as CRM updates, compliance tasks, and onboarding workflows, integrating with more than 130 adviser tools including Salesforce, Redtail, and Wealthbox.

According to the firm, early users report saving up to 50 hours monthly and increasing client capacity by 30%. The company’s Azure-native framework ensures no personal data retention, addressing rising compliance scrutiny around AI use in wealth management.

For advisers and platforms, Focal’s model highlights the measurable ROI of AI adoption in back-office automation, offering a benchmark for efficiency gains across the industry.

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