Today, we're excited to announce that we have raised $10 million in funding and officially launched Sava Trust Company, an AI-native, modern trust company chartered in Nevada, open to clients and their attorneys & advisors nationwide.
Our funding was led by @GradientVC, with participation from @ycombinator, @svangel, @Max, @orangecollectv and @SurgePointCap.
For too long, trust administration has relied on manual processes, disconnected systems, and complex fee structures. Establishing a trust can take weeks or months, with limited visibility for families and their advisors over the life of the trust.
With Sava, we're building a better way.
https://t.co/QlFxbmwoMF
Legacy trust companies are often limited by bureaucracy, broken systems, outdated technology, and backwards incentive structures, preventing even the best trust officers from providing an A+ experience.
Sava was founded on the premise that families deserve a higher level of service from their trust company. Clients expect accuracy, speed, privacy, and care from their estate attorney, wealth advisor, and CPA. Why shouldn't they expect the same experience from their trustee?
Sava's Head of Trusts, Jordan Wolff, a 20-year veteran of the industry and former senior leader and administrator at firms like Hightower, First State, and Schwab, shares his perspective in our latest Sava journal entry: https://t.co/VYmyCOOXlM
💯, @edugiansante. It’s not lost on us this is a relationship business. We know a client is only as comfortable selecting a trustee as their attorney, wealth advisor, and accountant is while working with us. That’s why we’re developing close partnerships with the leading estate planning professionals in the nation to win that trust - and build a more useful product in the process.
To learn more, read CEO & Co-founder Nimit Maru's letter (https://t.co/bpgB0hVfSu) on our website and feel free to reach us at [email protected]. If you’re a talented engineer, PM, or trust administration professional interested in building a multi-generational company from the ground floor, we’re hiring!
Today, we're excited to announce that we have raised $10 million in funding and officially launched Sava Trust Company, an AI-native, modern trust company chartered in Nevada, open to clients and their attorneys & advisors nationwide.
Our funding was led by @GradientVC, with participation from @ycombinator, @svangel, @Max, @orangecollectv and @SurgePointCap.
For too long, trust administration has relied on manual processes, disconnected systems, and complex fee structures. Establishing a trust can take weeks or months, with limited visibility for families and their advisors over the life of the trust.
With Sava, we're building a better way.
https://t.co/QlFxbmwoMF
1 week left to claim our deal credit for YC founders (expires Oct. 31st) toward your trust's legal fees.
We're offering additional credit for every successful referral you make.
Our Nevada trust charter is live.
We're offering an exclusive pre-launch deal for YC founders toward setting up a trust with Sava.
DM us for details. More coming next week!
People keep asking me why I did @ycombinator again after selling Fullstack.
here's one reason
my inbox 2 hours after pre-launching @savatrust on Bookface
Sava (@savatrust) is building an Agentic Trust Company to modernize how $6.5T in U.S. trusts are administered.
Driven by how painful it was to set up trusts for his family after selling his S12 company, @nimit is back at YC to build a better way.