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. 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.
- Total Equity Funding$2.49M (USD)
in 1 rounds
- Latest Funding Round$2.49M (USD), Seed
Nov 2021
- InvestorsScaleUP Ventures
& 4 more
- Employee Count49
Products & Services of SAVVYY
SAVVYY offers a comprehensive portfolio of products and services, including SAVVYY Platform.
Automates end-to-end mortgage lending for efficient risk management.
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 $2.49M
- Total Rounds 1
- Last Round Seed β $2.49M
- First Round $2.49M
(Nov 2021)
- Investors Count 5
All 1 funding rounds of SAVVYY with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov 2021 | $2.49M | Seed | β | ScaleUP Ventures |
5 investors in total: 1 institutional and 4 angel.
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.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
ScaleUP Ventures is focused on early-stage technology investments. | 2016 | suv.vc | Toronto, Canada | |
JC Joe Canavan | Angel investor and entrepreneur, founder of Airblack, focused on Indian startups | – | unknown_2218103fd4e248f08 | - |
MZ Michael Zych | Angel investor focusing on Indian startups, experienced in tech and innovation. | – | unknown_9ac61bbb901646c4b | - |
KW Kevin Walton | - | – | unknown_3d0436f7ac9d4ea29 | - |
MV Michael Vanderkaden | - | – | unknown_82439fc194f348eea | - |
Investor details for SAVVYY
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
People of SAVVYY
4 people are tracked at SAVVYY (2 in leadership, 2 in team); the tracked headcount is 49.
| Name | Role | Group |
|---|---|---|
Elvina Kang | COO and Co-founder | Leadership |
Natalia Caceres | Head front end engineer | Leadership |
Arif Janmohamed | Product Owner | Team |
Clement Kwong | Product Owner | Team |
Complete people profiles for SAVVYY
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
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Timeline of SAVVYY
2 dated milestones of SAVVYY across 4 years, from founding to its latest funding, stage changes and deals.
- Founded SAVVYY is founded.
- Funding First funding round of $2.5M.
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.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| stavvy.com | 2017 | Boston, United States | $41.5M | 15 | Digital platform for real estate transactions is provided. | |
| firstclose.com | 2000 | Austin, United States | $39.7M | 47 | Mortgage settlement solutions and home equity tools are provided. | |
| staircase.co | 2012 | New York, United States | $18M | – | A comprehensive suite for mortgage loan lifecycle management is offered. | |
| blackknightinc.com | 1962 | Jacksonville, United States | – | – | Provider of an AI-based cloud platform offering loan life cycle management solutions to lenders | |
| mtrade.com | 2016 | Oxford, United States | $1.18M | – | End-to-end solution for buying & selling loans | |
| avantus.com | 2009 | West Haven, United States | – | – | Large-scale solar power plants and energy storage solutions are developed. | |
| burrow.com | 2016 | New York, United States | $52.52M | 55 | Home improvement products are provided via an internet-first brand. | |
| elynx.com | 1994 | Cincinnati, United States | $59M | 88 | Document automation platform is offered for financial institutions. |
Detailed competitors of SAVVYY
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Similar companies to SAVVYY
10 companies that operate in the same segment as SAVVYY (Banking & FinTech Platforms), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Online business banking and financial workflow tools are provided. | 2010 | San Francisco, California, United States | USD 546 M | – | – | |
Tide is recognized as a digital banking platform for businesses. | 2015 | London, England, United Kingdom | USD 221.42 M | – | – | |
Digital banking services are offered to individuals via mobile apps. | 2012 | San Francisco, California, United States | USD 3.16 B | USD 1.96 B | 1,440 | |
Banking solutions are provided for retail customers and businesses. | 2015 | London, England, United Kingdom | USD 1.99 B | – | – | |
Internet first bank for individuals and businesses | 2015 | London, England, United Kingdom | USD 1.9 B | – | – | |
Digital sustainable banking services are offered to consumers. | 2013 | Los Angeles, California, United States | USD 865 M | – | 237 | |
Digital banking services are offered to consumers and businesses. | 2014 | London, England, United Kingdom | USD 1.06 B | USD 813.42 M | 3,231 | |
Payment and banking solutions are provided to users and banks. | 2015 | San Ramon, California, United States | USD 390 M | USD 532.2 K | 3 | |
SaaS-driven credit card and spend management solutions platform for businesses | 2017 | Draper, Utah, United States | USD 1.16 B | – | 1 | |
Digital banking services are provided for individuals and businesses. | 2014 | Blyth, United Kingdom | USD 852.48 M | – | – |
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Frequently Asked Questions about SAVVYY
SAVVYY was founded in 2017 and raised its 1st funding round 4 years after it was founded.
SAVVYY is headquartered in Toronto, Canada. It is registered at Toronto, Ontario, Canada.
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 2021.
SAVVYY has 49 employees.
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.
SAVVYY's top competitors include Burrow, Stavvy and FirstClose.
SAVVYY offers SAVVYY Platform.
SAVVYY has 5 investors. Key investors include Joe Canavan, Michael Zych, Kevin Walton, Michael Vanderkaden, and ScaleUP Ventures.
SAVVYY operates through Savvyy Technologies Inc..
