Tech Company Financing Transactions

Savvy Wealth Funding Round

Canvas Ventures, Alumni Ventures and Brewer Lane Ventures joined a $26.5 million Series A funding round for Savvy Wealth. The financing was announced on 8/5/2024.

Transaction Overview

Company Name
Announced On
8/5/2024
Transaction Type
Venture Equity
Amount
$26,500,000
Round
Series A
Proceeds Purpose
The company intends to use the funds to accelerate the development of its artificial intelligence (AI)-powered technology platform, expand its product and engineering teams, and recruit entrepreneurial advisors to its national affiliate registered investment advisor (RIA), Savvy Advisors.

Company Information

Company Status
Private & Independent
Industry
FinTech
Mailing Address
Undisclosed
New York, NY Undisclosed
USA
Phone
Undisclosed
Email Address
Overview
Savvy is a technology-driven wealth management firm with an emphasis on building software to drive automation and efficiency for wealth managers so they can focus on what truly matters ?-- quality time with clients. We are able to grow rapidly by acquiring traditional wealth management firms and supercharging them with our software to make them dramatically more efficient and support more clients without adding additional headcount.
Profile
Savvy Wealth LinkedIn Company Profile
Social Media
Savvy Wealth Company Twitter Account
Company News
Savvy Wealth News
Facebook
Savvy Wealth on Facebook
YouTube
Savvy Wealth on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Ritik Malhotra
  Ritik Malhotra LinkedIn Profile  Ritik Malhotra Twitter Account  Ritik Malhotra News  Ritik Malhotra on Facebook
Chief Technical Officer
Muller Zhang
  Muller Zhang LinkedIn Profile  Muller Zhang Twitter Account  Muller Zhang News  Muller Zhang on Facebook


 

 

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About Our Venture Capital Transactions Database

Our team works diligently to report on funding rounds that are announced publicly. All VC database entries reported here are sourced from news reports and company announcements. The information comes to us via our partnership with VentureDeal.com, an affiliated venture.

 


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