Savvy Wealth Raises $100 Million Series C at $600 Million Valuation

AI wealth management company Savvy Wealth said it has raised $100 million in a Series C round, lifting its valuation to $600 million. According to ChainCatcher, Halo Fund led the round, with participation from existing investors including Thrive Capital, Industry Ventures, and Index Ventures. The company said its total funding has now exceeded $200 million. Savvy Wealth said the new capital will mainly be used to expand software product development for wealth advisers. Savvy Wealth's AI wealth management platform, Savvy Intelligence, uses large language models from OpenAI and Anthropic to train AI agents that help integrate investment, tax, and financial planning data and streamline wealth management workflows.