# Hugosave

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/hugosave

- Industry: Financial Services
- Headquarters: Singapore, Singapore
- Website: www.hugosave.com
- Total disclosed funding: $18M
- Latest round: Series B (Aug 26, 2025)
- Investors on record: 3

## About

Hugosave is a financial technology company that empowers users to automate their savings and investments through innovative tools such as Money Pots and Roundups, enhancing their financial wellness effectively.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. In August 2025, Hugosave raised USD 18.1 million in series B funding led by new investor Tin Men Capital, with participation from returning investors Getz's Inc. 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. The company primarily targets consumers in Singapore, providing them with a tailored experience that combines financial education with practical tools to manage and grow their wealth effectively.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. In August 2025, Hugosave raised USD 18.1 million in series B funding led by new investor Tin Men Capital, with participation from returning investors Getz's Inc. 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. The company will use the August 2025 funding to support its expansion plans initiatives.

## Funding rounds

- Series B, Aug 26, 2025, $18M — Woodside Holdings Investment Management, Tin Men Capital, Getz's Inc.

## Investors

- Woodside Holdings Investment Management — Series B
- Tin Men Capital (https://capitalatlas.ai/funds/tin-men-capital) — Series B
- Getz's Inc. — Series B