Paperspace founders raise $15M for AI that replaces financial advisors

ATG emerged from stealth to build autonomous AI financial advisors that deliver private-bank-level guidance without traditional fees.

• $15M pre-seed led by YC Alumni Fund + Garry Tan
• Zero advisory fees vs 1-2% industry standard
• 15-person team from Meta, Spotify, AmEx
• iOS launch Q1 2026

How it happened:
• Sold Paperspace to DigitalOcean for $111M in 2023
• Interviewed advisors post-exit, found massive inconsistencies
• Built AI system that automates advisory layer, not just rebalancing
• Recruited top talent and secured YC network backing

Why it matters: Traditional 1-2% annual fees quietly consume massive retirement savings over decades. ATG bets software can deliver better advice at scale.

https://techstartups.com/2026/01/07/paperspace-founders-ai-startup-atg-emerges-from-stealth-with-15m-to-bring-autonomous-ai-financial-advisors-to-everyone/

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