AI Wealth Management Company Savvy Wealth Closes $100 Million Series C Funding Round, Valuation Rises to $600 Million

TechFlow reports that on September 9, according to WealthManagement, AI wealth management firm Savvy Wealth announced the completion of a $100 million Series C funding round, increasing its valuation to $600 million. Halo Fund led the round, with existing investors Thrive Capital, Industry Ventures, and Index Ventures also participating, bringing its cumulative funding past $200 million.

Savvy Wealth's AI wealth management platform, Savvy Intelligence, employs large language models from OpenAI and Anthropic to train AI agents capable of consolidating investment, tax, and financial planning data, thereby simplifying wealth management processes through AI. The newly raised funds will be primarily dedicated to expanding the development of software products aimed at wealth advisors.