wealth-management-ai
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Damián Scavo Is Teaching AI to Do the Homework of Money
Before financial AI became a category, Scavo had already spent two decades moving between code, markets and data. Streetbeat is his attempt to turn that unusual apprenticeship into an agent that can make financial work less manual - without pretending judgment has disappeared.
Streetbeat
Streetbeat is a Palo Alto-based AI company building what it calls the most secure AI platform for regulated financial services. Its flagship product, StreetbeatPRO, gives wealth managers, banks and brokerages a set of agentic AI tools for investing, risk management, portfolio analysis and client engagement - built with compliance guardrails like audit trails, hallucination prevention and automated MiFID suitability checks. Founded in 2021 by serial entrepreneur Damian Scavo, the company says its platform is used by more than 4,000 advisors across 15 countries and raised a $15 million Series A in October 2025.
Sam Scherl
Sam Scherl is a Founder's Associate in the CEO Office at Nevis, a New York-based AI platform automating administrative work for wealth advisors that has raised $40M from backers including Sequoia. A Harvard computer science graduate, he was a three-time national champion and undefeated First-Team All-American captain of the Harvard men's squash team, then worked in venture capital at Insight Partners before joining Nevis to work alongside its founders on its most strategic bets.