Responsive provides a hybrid wealth-advisor solution for banks and private managers, offering productivity and insight tools for advisor-led businesses that collectively manage over $10B AUM. Its Prioritize tool helps advisors focus on the most valuable actions and conversations to grow client wealth and trust. The company offers APIs and data tools to enable institutions to innovate rapidly while preserving platform flexibility and regulatory defensibility. Chief Science Officer Logan Grosenick leads development of Responsive’s machine learning–powered personalization engine. In April 2022 Responsive closed a CAD3.5M Series A to commercialize its integrations and further advances in AI-supported wealth-management technology. The funding will also support expansion into US and European markets. Responsive builds a platform that applies brain and behavioral science together with contemporary machine learning to predict client behaviour and personality for banks and private wealth managers. The company says its platform can identify traits such as discipline with saving and life transitions like marriage or having children, enabling advisors to act when it matters. Responsive has been operating in stealth for the past year with a handful of private wealth managers in Canada. Leadership cited in the article includes CEO Davyde Wachell and VP of research Logan Grosenick, a Stanford Ph.D. whose work spans identifying anxiety and depression from brain activity and modelling behaviour in mice. The company emphasizes augmenting human advisors rather than building a robo-advisor, describing its product as cognitive assistance. The recent funding will be used to integrate Grosenick’s research into the platform and advance product development.

Total raised

$4M

Funding rounds

2

Latest round

Series A

Latest activity

Apr 2022