Fundraising Fox

Range Finance, Inc.

Mclean, US · Founded 2020 · Delaware corporation · 7 known investors

Range is a McLean, Virginia AI-powered wealth management platform combining financial planning software with in-house advisers.

Also known as Range · Range.com

Founders & leadership

Range Finance, Inc. was founded in 2020 by Fahad Hassan.

FH
Fahad HassanFounder
DC
David CusatisExecutive

Board

SW
Simon WuBoard director
HMHaroon Mokhtarzada
Haroon Mokhtarzadain𝕏Board directorCEO Partner at Ardent Venture
DSDarian Shirazi
Darian Shiraziin𝕏Board directorInvestor, entrepreneur, and Managing Partner at Gradient Ventures
ANAlexander Niehenke
Alexander Niehenkein𝕏Board directorPartner at Scale Venture Partners

Investors · 7

Also in the syndicate · 4

Adrian AounDan LewisRandy ReddigSeverin Hacker

Reported raises · per SEC filings

Form D private placements

$102.1M disclosed across 3 of 4 rounds · 2022–2025

$62.3MraisedFeb 2026 · 22 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • Simon WuDirector
  • Fahad HassanExecutive Officer, Director
  • Haroon MokhtarzadaDirector
  • Darian ShiraziDirector
  • Alexander NiehenkeDirector
  • David CusatisExecutive Officer, Director
Offering amount
$63.5M
Amount sold
$62.3M
First sale
Nov 2025
Incorporated
Corporation, Delaware
Federal exemptions
06b
Full filing on SEC EDGAR ↗
$27.2MraisedFeb 2026 · 16 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • Darian ShiraziDirector
  • Simon WuDirector
  • Fahad HassanExecutive Officer, Director
  • David CusatisExecutive Officer, Director
Offering amount
$27.2M
Amount sold
$27.2M
First sale
Oct 2024
Incorporated
Corporation, Delaware
Federal exemptions
06b
Full filing on SEC EDGAR ↗
$12.7MraisedJun 2023 · 24 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • David CusatisDirector
  • Fahad HassanExecutive Officer, Director
  • Darian ShiraziDirector
Offering amount
$13M
Amount sold
$12.7M
First sale
Jul 2022
Incorporated
Corporation, Delaware, 2020
Federal exemptions
06b
Full filing on SEC EDGAR ↗

Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.

Company profile

researched Aug 2026

Range Finance, Inc., operating as Range, is a wealth management company headquartered in McLean, Virginia, with an additional office in New York City. The company offers an all-in-one platform that consolidates a household's accounts, investments, properties and goals into a single dashboard and applies proprietary AI to financial planning tasks. Its stated coverage spans investment management with tax-aware rebalancing, tax optimization, retirement projections, cash flow modeling, estate planning coordination and the treatment of real estate within an overall strategy, complemented by in-house financial advisers and insurance planning.

The consumer-facing product includes an iOS application published under the Range Finance, Inc. developer name, which features an AI assistant branded "Rai" that answers questions using context drawn from a member's connected accounts, positions and spending. App releases have added capabilities such as voice-to-text for the assistant chat, biometric authentication, an in-app inbox for messaging, and portfolio view controls. Access to these features requires a Range Pro subscription billed monthly or annually.

Range positions its service around integrating technology with human expertise and describes itself as being in a growth phase, hiring across growth marketing, product and engineering functions and offering equity, full employer-covered medical insurance for employees and a program allowing tenured staff to take leave to start their own companies."]

Founding story

According to a report on its Series A, Range was founded by Fahad Hassan and David Cusatis, with Hassan stating the company was started to help families better manage their wealth and to make advice and tools typically reserved for the wealthy broadly accessible.

Business model

Range sells a direct-to-consumer wealth management subscription. Members pay a flat monthly fee, marketed as "Range Pro" and billed monthly or annually through the mobile app, for access to the platform's planning tools, AI advisor and in-house financial advisers, with no stated account minimums.

Recurring subscription revenue from a flat monthly (or annually billed) membership fee for the Range Pro tier.

Traction

Range's iOS application held a 4.5-star average rating across 48 ratings and has shipped frequent releases since its initial versions in September 2025. The company has described itself as being in a hyper-growth phase and recruiting across functions.

Latest developments

The company continued regular iOS app releases, with version 1.2.8 shipped in August adding bug fixes following earlier updates that introduced inbox messaging, biometric login and voice-to-text for its AI assistant. It was also recruiting a VP of Growth / Marketing for its McLean and New York offices.

Full profile — market position, technology, go-to-market, geography, history, risks & controversies

Market position

Range operates in the wealth management software category, positioning an integrated platform against the combination of separate budgeting, investment tracking and tax tools that consumers otherwise assemble themselves. It cites backing from Google's Gradient Ventures and Cathay Innovation.

The company emphasizes consolidating investments, taxes, retirement and estate planning in one system rather than across multiple apps, pairing proprietary AI with in-house human advisers, charging a flat fee with no asset minimums, and providing 24/7 support.

Technology

The platform aggregates a user's financial accounts, investments, property and goals and layers proprietary AI and machine-learning insights across them. Its AI advisor, "Rai," answers member questions using cross-account context, and the company has said it plans to integrate its wealth management tools with additional AI technologies to automate parts of wealth and tax planning. The iOS app supports institution account connections via OAuth, biometric authentication and voice-to-text interaction with the assistant.

Go-to-market

Range acquires members directly through its consumer web and iOS products, and has recruited senior growth marketing leadership to run paid search, paid social, content, referral, email, programmatic and influencer channels supported by attribution and marketing-mix modeling. Roles are based in-office in McLean, VA and New York City.

Households earning $250,000 or more per year — described as successful individuals managing complexity such as RSUs, multiple properties and education planning — rather than only high-net-worth clients, as the service carries no minimums.

Geography

United States; headquarters in McLean, Virginia, with a second office in New York City.

History

Range raised a $12 million Series A led by Gradient Ventures, Google's AI-focused venture fund, announced in May 2023, with proceeds directed to growing its product and engineering teams. It later cited Cathay Innovation among its backers. Range published its consumer iOS app, issuing its first listed releases in September 2025 and shipping regular updates through version 1.2.8 in August.

Risks & controversies

User reviews of the mobile app are mixed; while several reviewers praised the AI assistant's use of full account context, at least one reviewer posted a negative assessment of the service.", "company_history_note": "

Compiled by commissioned research from 5 cited public sources — announcements, filings, and press listed under research sources below.

Key figures

latest reported
IOS app average ratingJan 20254.5 stars
IOS app ratings countJan 202548 ratings
Target member household incomeJan 2025Designed for households earning $250K+ per year

Company-reported or press-reported figures, each dated to when it was claimed — not independently audited.

Timeline · 2

launches, deals, and filings
Sep 2025
Range iOS app released

Range Finance, Inc. published its iPhone application on the Apple App Store, offering account aggregation, an AI advisor and planning tools under a paid Range Pro subscription; the earliest listed release is version 1.0.1 on 2025-09-13.

source ↗

May 2023
Range raises $12M Series A led by Gradient Ventures

Range announced a $12 million round led by Gradient Ventures, Google's AI-focused venture fund, with participation from Expa, Red Sea Ventures, 8-bit Capital and angel investors. Proceeds were earmarked for growing product and engineering teams and integrating AI into wealth and tax planning.

$12M source ↗

Dated company events from announcements, filings, and press; legal rows summarize public dockets and regulator releases.

Legal entities · 1

corporate structure
Range Finance, Inc.Delaware

Research sources · 5

primary sources listed

5 public sources were cited for this profile; the first-party ones are listed here.

Frequently asked questions

What does Range Finance, Inc. do?
Range is a McLean, Virginia AI-powered wealth management platform combining financial planning software with in-house advisers.
Who founded Range Finance, Inc.?
Range Finance, Inc. was founded by Fahad Hassan in 2020.
Who are Range Finance, Inc.'s investors?
Range Finance, Inc.'s investors include Ardent Venture, Gradient Ventures, Scale Venture Partners.
How much funding has Range Finance, Inc. raised?
Range Finance, Inc. has disclosed $102.1M raised across 3 of its 4 known rounds.
Where is Range Finance, Inc. headquartered?
Range Finance, Inc. is headquartered in Mclean, US.