{"id":680536,"date":"2026-09-09T15:47:17","date_gmt":"2026-09-09T15:47:17","guid":{"rendered":"https:\/\/www.europesays.com\/ie\/680536\/"},"modified":"2026-09-09T15:47:17","modified_gmt":"2026-09-09T15:47:17","slug":"savvy-wealth-raises-100m-with-valuation-at-600m","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/ie\/680536\/","title":{"rendered":"Savvy Wealth Raises $100M With Valuation at $600M"},"content":{"rendered":"

Savvy Wealth, an AI-native registered investment advisor managing $9 billion in client assets, has raised $100 million in Series C funding, with its valuation hitting $600 million, a 6.6-fold increase over the past 15 months.<\/p>\n

This round was led by Halo Fund, a growth-stage venture firm run by Qualtrics founder and Utah Jazz owner Ryan Smith and Accel general partner Ryan Sweeney.<\/p>\n

The round included existing investors Thrive Capital, Industry Ventures from Goldman Sachs, Canvas Prime, Index Ventures, House Fund, Euclidean Capital, Alumni Ventures and Vestigo Ventures, the venture firm run by former LPL CEO Mark Casady, who is also on Savvy\u2019s board of directors.<\/p>\n

\u201cThe reason we did this now versus waiting and thinking about it later was the quality of investors who wanted to put money in and the amount of conviction they had,\u201d said Ritik Malhotra, founder and CEO of Savvy. \u201cWe are only limited by how much we are willing to invest into the growth of the platform and all the products and services we want to develop for the advisors.\u201d<\/p>\n

Related:Deals & Moves: NewEdge Wealth, LPL, Osaic Poach From Rivals<\/a><\/p>\n

This brings Savvy to over $200 million in total funding since its founding by tech entrepreneur Malhotra in July 2021. The company closed a $72 million Series B funding round<\/a> in July 2025. That was preceded by a $26.5 million Series A funding round in August 2024<\/a> and an $11 million Series A-1 round in mid-2022<\/a>.<\/p>\n

Malhotra said the funds will be used to expand the software the firm provides to its advisors. Savvy has built a proprietary AI-driven technology platform for advisors to offload administrative work, improve client interactions and provide investment management tools.<\/p>\n

The company said the new investment will go toward developing Savvy Intelligence<\/a>, the firm\u2019s AI-driven product designed to unify client data and streamline financial advisory services. Savvy Intelligence integrates investments, tax and financial planning data into a single platform.<\/p>\n

Savvy is training AI agents to work on tasks such as financial planning, tax analysis and investment performance, using large language models from OpenAI and Anthropic.<\/p>\n

The funds will also be used to provide advisors broader access to investments, the firm said. In June, Savvy said it plans to offer proprietary alternative investment strategy options<\/a> on its platform. Chief Investment Officer Anshul Sharma said he was working with his team to provide \u201cinstitutional quality\u201d alternative investments, likely including private market access, and to deepen integrations into Fidelity and Schwab, its primary custodians.<\/p>\n

Related:Can the \u2018Vanguard Effect\u2019 Extend to Wealth Management?<\/a><\/p>\n

Malhotra said a small portion of the capital will go toward sales and marketing to bring on new advisors. Savvy Advisors, the firm\u2019s RIA, has brought in more than $4 billion in recruited assets in 2026, with the firm\u2019s advisor force growing to 150, double over the last year.<\/p>\n","protected":false},"excerpt":{"rendered":"Savvy Wealth, an AI-native registered investment advisor managing $9 billion in client assets, has raised $100 million in…\n","protected":false},"author":2,"featured_media":680537,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","_share_on_mastodon":"0"},"categories":[177],"tags":[79,18,19,17,234,235],"class_list":["post-680536","post","type-post","status-publish","format-standard","has-post-thumbnail","category-personal-finance","tag-business","tag-eire","tag-ie","tag-ireland","tag-personal-finance","tag-personalfinance"],"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@ie\/117241868760823330","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/posts\/680536","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/comments?post=680536"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/posts\/680536\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/media\/680537"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/media?parent=680536"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/categories?post=680536"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/tags?post=680536"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}