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Phoenix Venture Partners leads Sav's $3.5M Pre-Series A round to accelerate expansion into Saudi Arabia and strengthen its AI-powered fintech platform.
PRIVATESep 07, 2026•about 15 hours ago
Amount Raised
$3.5 Million
Round Type
Series A
Software
Investors
Phoenix Venture Partners Innovation Fund Ceic LimitedPhoenix Venture Partners
Description
Sav, an autonomous consumer fintech platform, has secured $3.5 million in Pre-Series A funding led by Phoenix Venture Partners. The round also included participation from co-investors from Phoenix Venture Partners Innovation Fund CEIC Limited. Founded by Purvi Munot and Mithil Ajmera, Sav aggregates financial accounts and automates decisions through its proprietary AI infrastructure, SavCore. The company is expanding across the GCC, with Saudi Arabia as a key strategic growth market.
Company Information
Company
SAV
About
SAV is focused on developing innovative solutions for heat network management. The company has introduced the RavenWatch monitoring platform to enhance the operation of UK heat networks. This platform enables real-time performance monitoring and compliance with regulatory standards.
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