# Sav funding: rounds and investors

> Sav has raised $5.5M across 2 rounds since 2024. Investors include Phoenix VC, 500 Global and Google for Startups. Every round with its source.

Source: https://millionrounds.com/company/sav (Millionrounds; every figure on the page links to its filing or article)

United Arab Emirates · [Series A startup](https://millionrounds.com/companies)

# Who invested in *Sav*

2 rounds we have observed, with the 4 investors named in them. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

AI Financial Services Fintech

Raised 2 months ago

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Funding summary Updated 5 Nov 2026

**$5.5M** raised across 2 rounds since 2024, from 2 sources

**$2.0M** Seed **$3.5M** Series A

- **Latest round:** Series A, $3.5M Sept 2026
- **Led by:** Phoenix VC
- **Step-up i:** 1.8×
- **Investors:** 4 (1 led)

See who backed them

## The funding story

Each circle is a round, placed by date and sized by amount. The line above is the running total.

2025 2026

**$2.0M** Seed

**$3.5M** Series A

- **First round:** Seed, $2.0M
- **Biggest round:** $3.5M
- **Between rounds:** 2.4 years

## The rounds

- **Sept 2026** Series A **$3.5M** *1 new* [Phoenix VC](https://millionrounds.com/fund/phoenix-venture-partners) Lead Reported by Wamda
- **Apr 2024** Seed **$2.0M** *3 new* [500 Global](https://millionrounds.com/fund/500-startups) [Google for Startups](https://millionrounds.com/fund/google-for-startups) [Village Capital](https://millionrounds.com/fund/village-capital) Source recorded

## Founders and team

From Sav's own website: 1 founder, 5 on the team.

**Mithil Ajmera** Co-Founder & COO

- **Purvi Munot** CEO, Sav
- **Abdul Husein** CTO
- **Karim Shariff** Chairman, Sav
- **Sandeep Chouhan** Board Member
- **Stewart Bromley** Board Member

## Who was in which round

The busiest backers across the latest rounds. A filled square is a round they joined; a dark one, a round they led.

**Seed** 2024 **Series A** 2026 [Phoenix VC](https://millionrounds.com/fund/phoenix-venture-partners) L [500 Global](https://millionrounds.com/fund/500-startups) [Google for Startups](https://millionrounds.com/fund/google-for-startups) [Village Capital](https://millionrounds.com/fund/village-capital)

## Everyone who backed them

[Phoenix VC](https://millionrounds.com/fund/phoenix-venture-partners) VC firm **1** round, led 1

[500 Global](https://millionrounds.com/fund/500-startups) Angel **1** round

[Google for Startups](https://millionrounds.com/fund/google-for-startups) Accelerator **1** round

[Village Capital](https://millionrounds.com/fund/village-capital) Accelerator **1** round

Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=sav).

## Quick answers about Sav

### Who invested in Sav?

Sav's investors include Phoenix VC, 500 Global, Google for Startups and Village Capital. Phoenix VC led its latest round.

### How much has Sav raised?

Sav has raised $5.5M across 2 rounds since 2024.

### When did Sav last raise?

Sav's most recent round was a Series A of $3.5M in Sept 2026, led by Phoenix VC.

### What was Sav's biggest round?

Its most recent round, $3.5M in Sept 2026, is also its largest on record.

### Who backed Sav first?

Sav's first round on record, in Apr 2024, was backed by 500 Global, Google for Startups and Village Capital.

### What stage is Sav at?

Sav's latest named round is a Series A, in Sept 2026.

### Where is Sav based?

Sav is based in the United Arab Emirates.

### Who led Sav's rounds?

Phoenix VC led the Series A in 2026.

## Companies like Sav

In the same sector, and raised in the last eighteen months.

[**Vitals** $1.5M · Oct 2026](https://millionrounds.com/company/vitals)[**Nabta Health** $3.0M · Oct 2026](https://millionrounds.com/company/nabta-health)[**Ayan** $102M · Oct 2026](https://millionrounds.com/company/ayan)[**Synapse Analytics** $13M · Sept 2026](https://millionrounds.com/company/synapse-analytics)[**Keep Converting** $2.0M · Sept 2026](https://millionrounds.com/company/keep-converting)[**Oro** $16M · Aug 2026](https://millionrounds.com/company/oro)

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