Savvy Wealth, a platform dedicated to modernising financial advice, has secured $72m in a Series B funding round.
This round was led by Industry Ventures, and the investment brings Savvy’s total funding to over $100m.
New investors, including Vestigo Ventures and Euclidean Capital, participated alongside existing backers such as Canvas Ventures and Thrive Capital. Mark Casady from Vestigo Ventures will join Savvy’s board of directors.
Casady said: “Savvy is driven by a deep commitment to helping advisers deliver better, personalised, more impactful advice, which is why I believe the firm is already a defining leader in the future of wealth management.”
Savvy plans to use the additional capital to enhance its core technology, recruit skilled technical staff, and expand its network of independent financial advisers under its registered investment adviser arm, Savvy Advisors.
A key focus will be on developing artificial intelligence (AI) solutions that offer predictive and personalised financial advice tailored to individual client profiles.
Since the completion of its Series A funding in August 2024, Savvy is said to have seen rapid growth. The firm reported a 500% increase in assets under management since early 2024, now exceeding $2bn.
Savvy’s current offerings are aimed at high-net-worth clients, providing services like personalised investment management, estate planning, tax preparation, and more. The company aims to expand these services into a comprehensive wealth management platform.
Savvy founder and CEO Ritik Malhotra said: “AI is disrupting financial advice, but not in the way that many have predicted. Rather than replacing advisors, it’s amplifying their ability to deliver highly personalised and deeply human client experiences.
“At Savvy, we’re embedding AI inside the core of our CRM and adviser-facing tech stack to ‘10x’ their capabilities – unlocking predictive, real-time insights that strengthen human relationships.”
In May 2025, Savvy announced a strategic partnership with Vestwell. This collaboration allows advisers within Savvy’s network to manage business clients’ 401(k) plans efficiently.
With Vestwell acting as the recordkeeper and service provider, Savvy’s advisors can integrate plan management with payroll and HR systems for a streamlined experience.
