# Sav Technologies

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/sav-technologies

- Industry: Financial Services
- Headquarters: Dubai, United Arab Emirates
- Website: www.sav.money
- Latest round: Seed (Apr 1, 2024)
- Investors on record: 1

## About

Based in Dubai, UAE, and founded in 2022, Sav Technologies Limited operates as a financial services company that provides savings features. The company was co-founded by Purvi Munot (CEO) and Mithil Ajmera (COO). In September 2026, Sav Technologies Limited raised USD 3.5 million in pre-series A funding led by Phoenix Venture Partners, with participation from Majlis Investment Management Inc, KAUST Innovation Ventures, 394H Capital, Vestalia Investments and 500 Global. 

The company provides a smartphone application that offers automatic savings solutions such as personalized savings plans, savings tracking, and rewards for achieving savings goals. Sav is available on both App Store and Google Play.

Sav Technologies Limited generates revenue through its digital wealth management platform, offering personal finance tracking, savings management, investment products, and AI-driven financial planning tools. The company monetizes through investment-related fees, financial services partnerships, and wealth management solutions provided to users on its platform.

The company plans to use the September 2026 funding to channel primarily into Sav’s go-to-market push into Saudi Arabia, while also funding continued product development, the build-out of its AI infrastructure and user acquisition efforts across the wider GCC region.

## Funding rounds

- Seed, Apr 1, 2024 — 500 Global

## Investors

- 500 Global (https://capitalatlas.ai/funds/500-global) — Seed