Savvy Wealth Secures $100M, Valuation Soars to $600M

Savvy Wealth, a registered investment advisor leveraging artificial intelligence, has announced the closure of a $100 million Series C funding round. This significant capital infusion brings the company's valuation to $600 million, marking a substantial increase since its founding in July 2021. The round was spearheaded by Halo Fund, with participation from existing investors.

The newly acquired funds are designated for the enhancement and expansion of Savvy's AI-driven software solutions. A key focus will be on developing Savvy Intelligence, a product designed to consolidate client data and streamline financial advisory services. The company is also training AI agents using large language models to manage tasks like financial planning and tax analysis.

Additionally, Savvy Wealth plans to broaden advisor access to investments, including proprietary alternative investment strategies and private market access. The firm is deepening integrations with major custodians like Fidelity and Schwab. A portion of the capital will also support sales and marketing efforts to onboard more advisors.