Luminary Raises $22M Series A Led by Ten Coves Capital for AI Wealth Transfer Platform

Luminary Closes $22 Million Series A

Luminary, an AI-native wealth transfer and administration platform, has raised $22 million in Series A funding. The round was led by Ten Coves Capital and included participation from Fin Capital, BNY, 8VC, Focus Financial Partners and Rockefeller Capital Management FinTech Innovation Fund. The funding date is September 10, 2026.

What Luminary Does

Luminary provides an AI-native wealth transfer and administration platform that converts static estate and ownership documents into structured, source-verified data. The platform serves financial advisors, trust companies, law firms and accounting firms that work with high-net-worth families.

Its platform combines document intelligence with tools such as:

• Luminary Insights
• Estate 360 estate overviews
• A deterministic tax engine
• Estate waterfall visualizations

These tools support scenario modeling, exemption tracking and ongoing trust administration.

Company Background

Founded in 2022 and headquartered in New York, Luminary reports more than $500 billion in client assets on its platform. Its customers include Caprock, IEQ Capital and Wealth Enhancement Group.

Who Invested

• Lead investor: Ten Coves Capital
• Additional investors: Fin Capital, BNY, 8VC, Focus Financial Partners, Rockefeller Capital Management FinTech Innovation Fund

Why This Matters for Acquisition

Luminary operates in the wealth transfer and trust administration space, a segment that is increasingly digitizing. By converting static documents into structured, source-verified data, the company addresses a key pain point for advisors, trust companies, law firms and accounting firms.

For acquirers in fintech, wealth management or legal tech, Luminary offers:

• An AI-native platform purpose-built for wealth transfer and administration
• Document intelligence capabilities that turn unstructured estate and ownership documents into usable data
• A suite of tools including Luminary Insights, Estate 360, a deterministic tax engine and estate waterfall visualizations
• A customer base that includes Caprock, IEQ Capital and Wealth Enhancement Group
• More than $500 billion in client assets on its platform

The $22 million Series A, led by Ten Coves Capital with participation from a mix of financial institutions and venture firms, provides capital to scale the platform, expand its customer base and further develop its technology.

Key Facts

• Company: Luminary
• Round: Series A
• Amount: $22,000,000 USD
• Lead investor: Ten Coves Capital
• Investors: Fin Capital, BNY, Ten Coves Capital, 8VC, Focus Financial Partners, Rockefeller Capital Management FinTech Innovation Fund
• Funding date: September 10, 2026
• Founded: 2022
• Headquarters: New York
• Client assets on platform: More than $500 billion
• Customers: Caprock, IEQ Capital, Wealth Enhancement Group

Outlook

Luminary's focus on AI-native wealth transfer and administration, combined with its growing customer base and significant client assets on platform, positions it as a notable player in the fintech and wealth management ecosystem. The Series A round led by Ten Coves Capital, with backing from BNY, Focus Financial Partners and Rockefeller Capital Management FinTech Innovation Fund, signals strong institutional interest in the company's approach to modernizing estate and trust administration.