About SAVVYY
SAVVYY is a company based in Toronto (Canada) founded in 2017.. SAVVYY has raised $2.49 million across 1 funding round from investors including Joe Canavan, Michael Zych and Kevin Walton. The company has 49 employees as of December 31, 2024. SAVVYY offers products and services including SAVVYY Platform. SAVVYY operates in a competitive market with competitors including Stavvy, FirstClose, Staircase, Black Knight and mTrade, among others.
- Headquarter Toronto, Canada
- Employees 49 as on 31 Dec, 2024
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Sectors
Financial Services
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Savvyy Technologies Inc.
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$2.49 M (USD)
in 1 rounds
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Latest Funding Round
$2.49 M (USD), Seed
Nov 09, 2021
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Investors
ScaleUP Ventures
& 4 more
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Employee Count
49
as on Dec 31, 2024
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Products & Services of SAVVYY
SAVVYY offers a comprehensive portfolio of products and services, including SAVVYY Platform. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Automates end-to-end mortgage lending for efficient risk management.
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Funding Insights of SAVVYY
SAVVYY has successfully raised a total of $2.49M through 1 strategic funding round. The most recent funding activity was a Seed round of $2.49 million completed in November 2021. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 1
- Last Round Seed — $2.5M
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First Round
First Round
(09 Nov 2021)
- Investors Count 5
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov, 2021 | Amount | Seed - SAVVYY | Valuation | ScaleUP Ventures |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in SAVVYY
SAVVYY has secured backing from 5 investors, including angel and venture fund investors. Prominent investors backing the company include Joe Canavan, Michael Zych and Kevin Walton. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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ScaleUP Ventures is focused on early-stage technology investments.
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Founded Year | Domain | Location | |
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JC
Joe Canavan |
Angel investor and entrepreneur, founder of Airblack, focused on Indian startups
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Founded Year | Domain | Location |
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MZ
Michael Zych |
Angel investor focusing on Indian startups, experienced in tech and innovation.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by SAVVYY
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - SAVVYY
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Savvyy Comparisons
Competitors of SAVVYY
SAVVYY operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Stavvy, FirstClose, Staircase, Black Knight and mTrade, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Digital platform for real estate transactions is provided.
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| domain | founded_year | HQ Location |
Mortgage settlement solutions and home equity tools are provided.
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| domain | founded_year | HQ Location |
A comprehensive suite for mortgage loan lifecycle management is offered.
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| domain | founded_year | HQ Location |
Provider of an AI-based cloud platform offering loan life cycle management solutions to lenders
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| domain | founded_year | HQ Location |
End-to-end solution for buying & selling loans
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| domain | founded_year | HQ Location |
Large-scale solar power plants and energy storage solutions are developed.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about SAVVYY
When was SAVVYY founded?
SAVVYY was founded in 2017 and raised its 1st funding round 4 years after it was founded.
Where is SAVVYY located?
SAVVYY is headquartered in Toronto, Canada. It is registered at Toronto, Ontario, Canada.
Is SAVVYY a funded company?
SAVVYY is a funded company, having raised a total of $2.49M across 1 funding round to date. The company's 1st funding round was a Seed of $2.49M, raised on Nov 09, 2021.
How many employees does SAVVYY have?
As of Dec 31, 2024, the latest employee count at SAVVYY is 49.
What does SAVVYY do?
SAVVYY was founded in 2017 in Toronto, Canada, within the fintech sector. Loan life cycle management software is provided to banks and financial institutions for underwriting and servicing loans. Key operations encompass loan origination, closing processes, document management, AI-driven generation of offers and conditions, analytics integration, and ongoing loan servicing. The domain savvyy.ai supports these digital solutions.
Who are the top competitors of SAVVYY?
SAVVYY's top competitors include Burrow, Stavvy and FirstClose.
What products or services does SAVVYY offer?
SAVVYY offers SAVVYY Platform.
Who are SAVVYY's investors?
SAVVYY has 5 investors. Key investors include Joe Canavan, Michael Zych, Kevin Walton, Michael Vanderkaden, and ScaleUP Ventures.