Fundz

Savvy Exits Stealth With $30M In Funding To Enable Safe Use Of Saas Applications At Scale

PRIVATEJul 11, 2023

Round Type

Convertible Note

Financial ServicesSoftware

Description

SAVVY, a cybersecurity pioneer that eliminates workforce-initiated security incidents involving software-as-a-service (SaaS) applications, including generative AI, announced today that it exited stealth and raised a total of $30 million. Canaan led the most recent Series A funding round with key investors Cyberstarts and Lightspeed. Cyberstarts also led the initial seed round with Lightspeed.

Quick answer

Savvy raised an undisclosed amount in a Convertible Note round, dated July 11, 2023.

How much did Savvy raise?
Savvy raised an undisclosed amount in a Convertible Note round on July 11, 2023.
What does Savvy do?
Savvy is the next-generation wealth management firm that supercharges its wealth managers with enhanced software, sales and marketing automation, and back office servicing.
Who are the decision-makers at Savvy?
Fundz holds 1 contact at Savvy, including the Co-Founder & CEO . Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Financial Services and Software around the same time

Companies in the same sectors as Savvy that raised within 45 days of this round, from Fundz verified event records.

  • Translucent raised $6.3M (Seed) on August 23, 2023.
  • Persefoni AI raised $53M on August 18, 2023.
  • Teamshares raised $245M (Funding Round) on August 18, 2023.
  • Quility raised an undisclosed amount on August 10, 2023.
  • Emtech Solutions raised $4M (Seed) on August 4, 2023.
  • Traction raised $6M (Seed) on August 1, 2023.

Who to call at Savvy, and when

A new round usually means Savvy is about to hire and buy. The teams that reach out first get the meeting.

  • An alert the day Savvy raises, hires an executive or expands, scored against what you sell
  • The decision-makers there, with verified emails
  • Who you already know at Savvy, from your own LinkedIn network

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Company Information

Company

Savvy

About

Savvy is the next-generation wealth management firm that supercharges its wealth managers with enhanced software, sales and marketing automation, and back office servicing. Its team is dedicated to providing growth opportunities for wealth managers by building software that drives automation and efficiency so wealth managers can have greater bandwidth to focus on client services and growing revenue. Savvy was founded by Ritik Malhotra and Muller Zhang who bring over a decade of experience starting, growing, and selling technology companies. For more information, please visit https://www.savvywealth.com.

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Related People

1 contact
Verified contactsGuy G., Co-Founder & CEO See plans and pricing
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Savvy raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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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 Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.