Savvy Wealth Series A

Savvy Wealth, a digital-first financial advisory platform, has successfully raised an additional $15.5 million, completing its Series A funding round at a total of $26.5 million. The round was led by Canvas Ventures, with participation from existing investors like Thrive Capital and new contributor Alumni Ventures. Founded in 2021 by Ritik Malhotra, Savvy Wealth aims to provide financial advisors with AI-powered technology that streamlines operations and enhances client relationships. The startup has grown rapidly, now managing over $700 million in client assets and poised to surpass $1 billion in the near future. Malhotra's vision is to empower advisors with modern tools, allowing them to focus on high-value client interactions. This latest funding will be used to further develop their technology platform and expand their team of advisors.