Savvy Wealth Secures $72 Million Series B Funding Led By Industry Ventures

Savvy Wealth has raised $72 million in Series B funding, led by Industry Ventures with participation from Vestigo Ventures, Euclidean Capital, Canvas Ventures, Thrive Capital, The House Fund, Brewer Lane Ventures, and Vamsi Yadlapati.

Summary of transaction details:

• Deal Type: Series B
• Transaction Amount: $72,000,000
• Company Assets Under Management: Over $2 billion
• Key Investors: Industry Ventures, Vestigo Ventures, Euclidean Capital, Canvas Ventures, Thrive Capital, The House Fund, Brewer Lane Ventures, Vamsi Yadlapati

Founded by CEO Ritik Malhotra, Savvy Wealth is a New York City-based startup that focuses on providing a digital-first platform for financial advisors. The company offers tools for modernizing and scaling human financial advice, including technology integration, sales and marketing automation, personalized investment management, tax preparation, and estate planning.