Sava raises $10 million in funding led by Gradient Ventures, aimed at launching Sava Trust Company, an AI-powered trust company. The funding will support its modern administrative services in the $6.5 trillion U.S. trust and estate industry.
Sava has emerged from stealth with $10 million in funding. This round was led by Gradient Ventures, with participation from notable investors including Y Combinator and SV Angel. The funds will be used to enhance their administrative trustee services through Sava Trust Company. Sava aims to simplify the creation and management of trusts with innovative software solutions.
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Company Information
Company
Sava
Location
New York, New York, United States
About
Sava is a next-generation trust company that provides administrative trustee services through its subsidiary, Sava Trust Company, an independent corporate fiduciary chartered in Nevada. The company is focused on making the creation, funding, and administration of trusts simpler and quicker for families, advisors, estate attorneys, and trust officers. By combining AI technology with regulatory foundations, Sava aims to improve the transparency and accessibility of estate planning tools that were traditionally reserved for high-net-worth individuals. Founded by experienced entrepreneurs, Sava redefines trust administration by creating modern software infrastructure.
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