Savvy Wealth Closes $11M Capital Raise

Savvy Wealth

Savvy Wealth, a New York-based digital platform for financial advisors, raised $11M in Series A-1 funding.

The round was led by The House Fund with participation from Index Ventures, Thrive Capital, and Brewer Lane Ventures.

The company intends to use the funds to focus on developing software to streamline and simplify marketing, compliance, and back-office operations for growth-minded financial advisors seeking to increase AUM, and expand operations and business reach.

Led by CEO Ritik Malhotra, Savvy Wealth provides a digital platform for financial advisors centered around modernizing human financial advice. Financial advisors who partner with it leverage its integrated technology platform to charge organic growth with software, and sales and marketing automation. Its proprietary technology empowers advisors to scale revenue faster and spend more time focused on growth.

FinSMEs

10/11/2022