Savvy Wealth Raises $100M to Expand AI Wealth Platform
Savvy Wealth Raises Major Series C Funding Savvy Wealth has raised $100 million in Series C funding. The AI-native registered investment adviser is focused on independent financial advisors. Halo Fund The post Savvy Wealth Raises $100M to Expand AI Wealth Platform appeared first on Ventureburn .
Savvy Wealth has secured $100 million in Series C funding for its AI-driven registered investment adviser, aimed at independent financial advisors. The oversubscribed round was led by Halo Fund, co-founded by Qualtrics founder Ryan Smith and Accel partner Ryan Sweeney. Existing investors such as Thrive Capital, Goldman Sachs' Industry Ventures, and Index Ventures participated, along with Canvas Prime, House Fund, Euclidean Capital, Alumni Ventures, and Vestigo Ventures.
This brings Savvy's total funding to over $200 million since its 2021 inception. The company is challenging the consolidation of independent wealth management firms by providing advisors with institutional technology while maintaining their independence. Savvy's platform, Savvy Intelligence, integrates client data from investments, tax, and financial planning, with AI agents automating repetitive tasks and allowing advisors to focus on client service and business development.
Organic growth has been three times faster than the industry average, with the advisory network now exceeding 150 advisors and assets under management growing to $9 billion. Savvy aims to use the new capital to further develop its AI-powered workflows, strengthen its technical team, expand investment capabilities, and deepen integrations with major custodial platforms like Fidelity and Schwab.
Written by urgent.news from Ventureburn's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
