Zocks
Overview
Zocks is an AI platform that serves as a meeting assistant specifically for financial advisors, facilitating detailed note-taking, automating follow-ups, and integrating seamlessly with customer relationship management (CRM) systems. Founded in 2022 and headquartered in San Francisco, California, Zocks emphasizes privacy-first practices by not recording client conversations and maintaining data security and compliance. The company was co-founded by Mark Gilbert, who serves as the CEO. Zocks successfully completed a Series A funding round, securing $19.5 million, contributing significantly to its product development and expansion plans.
Recent Developments
- March 2025: Zocks announced a partnership with Practifi, a CRM provider for wealth management, to enhance workflows with AI-driven insights, allowing seamless data synchronization between platforms. This strategic collaboration aims to streamline operations by automating client engagement and improving task management.
- March 2025: Zocks secured $13.8 million in Series A funding led by Motive Ventures, with additional participation from Lightspeed Venture Partners and several other investors. This investment is intended to boost AI development, enhance product offerings, and support market expansion, particularly in Europe.
- March 2025: Zocks was featured in AI-focused financial discussions highlighting its role in transforming client intelligence by enabling real-time data application through advanced analytics and AI agents.
- February 2025: The company enhanced its AI capabilities by introducing advancements such as contextual email replies based on past client interactions and improved synchronization with partners like Wealthbox.
- January 2025: Zocks emphasized its ongoing efforts to strengthen data privacy by planning the establishment of Canadian data centers, in alignment with regional compliance norms.
Company Information
| Attribute | Information |
|---|---|
| Founding Date | 2022 |
| Headquarters | San Francisco, CA, USA |
| Founders | Mark Gilbert |
| Revenue | Not disclosed |
| Profits | Not disclosed |
| Key Investors | Lightspeed Venture Partners, Motive Ventures, Expanse Venture Partners, Entrée Capital, 14Peaks |
| Industry | AI for Financial Services |
| Number of Employees | 11-50 |
Early History
Zocks was established in 2022 by Mark Gilbert, inspired by the growing demand for tech solutions in financial advisory services. Initially, the company focused on developing a platform that could automate the manual and time-consuming aspects of client meetings. By prioritizing data privacy and seamless integration with existing systems, Zocks differentiated itself from other solutions that relied on audio or video recordings. The early products captured and organized client interaction data efficiently, setting a foundational user base among financial advisors looking to enhance client relationships and increase operational efficiency.
Company Profile and Achievements
Zocks positions itself as a pioneering platform in the fintech industry by focusing on automating routine tasks associated with financial advisory meetings. Key Achievements:
- Comprehensive CRM Integration: Integration with major CRM platforms such as Wealthbox and Redtail has been instrumental in Zocks's success, enabling bi-directional data flow that enhances advisor productivity.
- Privacy-First Innovations: The company's approach to privacy, opting not to record meetings, has garnered trust within the industry, addressing critical compliance concerns.
- Unique AI Adoption: Zocks offers AI agents that automate complex workflows like email drafting and client task management, adding substantial value for advisory firms.
- Market Expansion: Since its launch, Zocks has quickly onboarded over 1,000 advisory firms and partnered with firms like Carson Group and Cambridge Financial Group, marking significant milestones in market growth.
- Noteworthy Funding: The Series A funding of $13.8 million in March 2025 highlights confidence from major venture capitalists and is aimed at accelerating product development and market reach.
Current Operations and Market Position
Zocks currently operates within the financial advisory sector, delivering tools that improve meeting efficiency and client communication through advanced data capture and workflow automation. The company's AI technologies provide competitive advantages, such as reducing average meeting time by 45 minutes and offering actionable client intelligence. Zocks's strategic partnerships with leading CRMs and financial advisory firms further cement its position as a central player in advisory technology.
Conclusion
Zocks has established itself as an influential figure in the fintech industry by advancing the use of AI in financial advisory services. Their focus on privacy, seamless data integration, and workflow automation has revolutionized how advisors prepare and follow up on client meetings. With significant funding and ongoing partnerships, Zocks is poised for further growth, potentially expanding its influence in international markets, particularly in Europe. Looking forward, Zocks aims to continue enhancing its platform to better serve the evolving needs of advisory professionals, strengthening its foothold in the global financial technology landscape.