SavvyFi
Facilitates students and employees by providing student loans, employee benefits, savings, and financial services.
| Date | Investors | Amount | Round |
|---|---|---|---|
| - | investor | €0.0 | round |
| investor | €0.0 | round | |
* | N/A | $35.0k Valuation: $24.5m | Early VC |
| Total Funding | 000k | ||
| USD | 2021 | 2022 | 2023 |
|---|---|---|---|
| Revenues | 0000 | 0000 | 0000 |
| % growth | - | - | 100 % |
| EBITDA | 0000 | 0000 | 0000 |
| Profit | 0000 | 0000 | 0000 |
| EV | 0000 | 0000 | 0000 |
| EV / revenue | 00.0x | 00.0x | 00.0x |
| EV / EBITDA | 00.0x | 00.0x | 00.0x |
| R&D budget | 0000 | 0000 | 0000 |
Source: Dealroom estimates
Related Content
SavvyFi is a digital investment platform designed to address the college savings challenge. The platform is tailored for families looking to save for their children's higher education expenses. Operating in the financial technology sector, SavvyFi offers a user-friendly interface that allows parents to set up and manage college savings accounts with ease. Key features include family gifting options, where friends and relatives can contribute to the savings, and cash back rewards that add to the savings pool. The business model is based on providing a seamless and intuitive experience for users, making it simple to track and grow their investments over time. SavvyFi generates revenue through management fees and partnerships with financial institutions like my529 and Vanguard. The primary clients are parents and guardians of young children who are planning for future educational expenses. The market is primarily focused on the United States, where the cost of higher education continues to rise, making college savings a critical financial goal for many families.
Keywords: college savings, digital investment, family gifting, cash back rewards, financial technology, user-friendly, management fees, my529, Vanguard, higher education.