Hugosave
Latest round
- Series B
Last raised
- Aug 2025
Total raised
- $18M
Investors
- 3
About Hugosave
Hugosave specializes in providing automated savings and investment solutions. Founded in 2019 in Singapore, the company has undergone no significant strategic pivots. The founders include Ben Davies, Braham Djidjelli, David Fergusson, and Surya Tamada, with David Fergusson serving as CEO. and Woodside Holdings Investment Management. Hugosave offers a comprehensive suite of financial services designed to enhance the financial well-being of its users. The core product is the Hugosave Account, which facilitates automated savings and investment opportunities through features such as Money Pots and Roundups. These tools allow customers to set personalized savings goals, automate their savings schedules, and invest as they spend, thereby turning everyday transactions into opportunities for wealth accumulation. Hugosave’s diversified portfolios, which leverage a mix of ETFs covering five asset classes, cater to various investment personalities, enabling users to invest for the long term according to their individual preferences.Hugosave generated revenue of USD 761,892 in the most recent year, 2023, despite an EBITDA of USD -5,189,872. The company’s revenue model is centered around its Hugosave Account, which integrates spending and saving while offering unique services like Roundups that allow users to invest spare change automatically. Users engage directly with the platform, benefiting from offers and rewards that enhance their financial involvement, including the ability to hold physical assets such as gold, silver, and platinum. and Woodside Holdings Investment Management. The company aims to enhance its offerings and explore broader geographical reach, with specific plans to target additional regions following the successful deployment of their services in Singapore.
Who invested in Hugosave
3 investors across 1 round
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Funding rounds
Series B
Aug 26, 2025
Amount
$18M
Investors
Questions about Hugosave
Who invested in Hugosave?
Hugosave has 3 investors on record across 1 venture round. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Hugosave raised?
Hugosave has raised 1 venture round. Sign up free to see how much each round raised and the total.
When did Hugosave last raise money?
Hugosave's most recent round on record is a Series B, in Aug 2025.
What does Hugosave do?
Hugosave specializes in providing automated savings and investment solutions.
Where is Hugosave headquartered?
Hugosave is headquartered in Singapore, Singapore.
Which VCs invest in companies like Hugosave?
Among active investors with capital left to deploy, ICBC Capital Management, China Life Capital, GoHigh Capital and ABQH Shenzhen Investment Fund Management back financial services companies at Hugosave's stage. Their profiles are linked below.
VCs backing financial services startups at Series B
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