Fundz
Funding, M&A and exec moves matched to your market, from $49/mo billed annually, or $79/mo quarterly. See plans and pricing.See plans →

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, 2026about 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.

Don't miss SAV's next move

Get an email the moment SAV raises, hires an exec, or expands, usually minutes after it happens.

One email per event. Unsubscribe anytime.

Predictive Intelligence
Strategic

ML-powered predictions for SAV's next move

See what Strategic adds

Funding Insights

Based on industry data
Typical timeline to Series B
Series A companies typically raise their next round in 10-18 months
Monthly burn rate benchmark
47% of Series A startups spend $400k or more per month on operations
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers

SAV raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

145 of these a day, filtered to the companies you pick. $29 a month, billed annually, and if it does not pay for itself in a year we refund it.

Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include FundzWatch™ for automated website change detection, Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 200,000+ companies. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.