Sav Raises $3.5M Pre-Series A
Sav raises $3.5M in a Pre-Series A round led by Phoenix Venture Partners to fuel its expansion into Saudi Arabia and advance its AI-driven financial platform.
Sav Raises $3.5M Pre-Series A
Sav, an Abu Dhabi-based autonomous consumer fintech platform, has raised $3.5 million in a Pre-Series A financing round. The company provides an AI-powered financial operating system to help users save, invest, and manage credit.
Investors
The funding round was led by Phoenix Venture Partners Limited (PVP), an Abu Dhabi-based venture capital fund manager. The round also included participation from several co-investors associated with the Phoenix Venture Partners Innovation Fund.
Sav Use of Funds
Sav plans to use the new capital to accelerate its go-to-market expansion into Saudi Arabia. Additionally, the funds will support product development, further investment in its proprietary AI infrastructure known as SavCore, and user acquisition efforts across the GCC region.
About Sav
Founded in 2022 by Purvi Munot and Mithil Ajmera, Sav is a consumer fintech company focused on building a financial operating system for globally mobile professionals. The company's platform integrates savings, investments, gold, payments, and commerce into a unified ecosystem, enabling consumers to aggregate financial accounts and automate key financial decisions through AI.
Funding Details
Company Website: https://sav.money
Company: Sav
Raised: $3.5M
Round: Pre-Series A
Funding Date: September 7, 2026
Lead Investor: Phoenix Venture Partners
Additional Investors: Phoenix Venture Partners Innovation Fund co-investors
Company Website: https://sav.money
Software Category: Fintech
Source: https://www.zawya.com/en/press-release/companies-news/phoenix-venture-partners-leads-savs-3.5mln-pre-series-a-round-to-accelerate-expansion-into-saudi-arabia-480243