Savvy.is
Savvy.is is a technology company.
Financial History
Savvy.is has raised $2.0M across 1 funding round.
Frequently Asked Questions
How much funding has Savvy.is raised?
Savvy.is has raised $2.0M in total across 1 funding round.
Savvy.is is a technology company.
Savvy.is has raised $2.0M across 1 funding round.
Savvy.is has raised $2.0M in total across 1 funding round.
Savvy.is has raised $2.0M in total across 1 funding round.
Savvy.is's investors include Altair Capital Management, Kevin Ding, Digital Currency Group, Garden City Companies, GreaterGoodSociety, M.G. Siegler, Harrison Metal, Hoxton Ventures, Partech Ventures, Richmond Global Ventures, Sora Ventures, Tekton Ventures.
Savvy.is does not appear to correspond to a specific, identifiable technology company based on available data; multiple entities named "Savvy" operate in tech, with the closest matches being a gift card processing platform (savvyglobal.net, founded 2004 in Ireland) and a SaaS security platform (launched 2021, stealth exit with $30M funding).[1][6] The gift card Savvy builds stored value processing and analytics tools, offering gift card program management and processing for B2C brands and affiliate partners, solving issues in stored value exchange programs.[1] The SaaS security Savvy develops a browser extension platform that prevents user-initiated vulnerabilities in SaaS apps (e.g., alerting on sensitive data submission to tools like ChatGPT), serving enterprises in tech, hospitality, and consumer goods with 100,000 users managed across 15 customers.[6]
Growth momentum varies: the gift card Savvy has operated steadily since 2004 without noted recent funding or expansion details, while the SaaS security Savvy shows strong traction post-2023 stealth launch, with Fortune 500 clients and plans for U.S. go-to-market scaling.[1][6]
The gift card processing Savvy was founded in 2004 in Dublin, Ireland, by Dave Hunter, Paul Gaffney, and Eoin Whyte, emerging to address needs in stored value processing amid rising gift card usage in retail and e-commerce.[1][5] It gained early traction by providing comprehensive analytics and management for B2C brands, evolving into a specialist without major pivots noted.[1]
The SaaS security Savvy originated in 2021 when serial entrepreneur Guy Guzner (co-founder of Fireglass, acquired by Symantec for $250M in 2017) teamed with Yoav Horman, Eldar Kleiner, and David Ben Zakai to tackle exploding SaaS vulnerabilities post-pandemic.[6] The idea stemmed from enterprise struggles with "user-initiated" risks in tools like ChatGPT; they incubated it stealthily before a $30M raise led by Canaan in 2023, marking a pivotal funding moment.[6]
| Aspect | Gift Card Savvy | SaaS Security Savvy |
|---|---|---|
| Core Tech | Processing & analytics platform[1] | Browser extension + automation[6] |
| Key Edge | B2C integration depth[1] | User-behavior prevention[6] |
| Scale | 20+ years operational[1] | 100K users, Fortune 500 clients[6] |
The gift card Savvy rides the fintech wave in digital payments and rewards, capitalizing on a $45B unspent gift card market amid e-commerce growth; its timing aligns with post-2000s retail digitization, influencing ecosystems by enabling underbanked payment alternatives via partners.[1] Market forces like rising affiliate programs favor its model.[1]
The SaaS security Savvy addresses the surge in SaaS sprawl (e.g., AI tools like ChatGPT), where user errors drive 70%+ of breaches; launched amid 2021-2023 remote work shifts, it influences enterprise security by shifting from reactive to proactive hygiene, competing in a hot cyberstarts space with tailwinds from regulatory pressures on data leaks.[6]
For gift card Savvy, expect steady refinement in analytics amid digital rewards expansion, shaped by e-commerce personalization trends; its influence may grow via API integrations in fintech stacks.[1] SaaS security Savvy eyes rapid U.S. scaling with customer success builds, propelled by AI-SaaS risks and zero-trust mandates—potentially evolving into full-stack appsec leader if adoption hits critical mass.[6] Both underscore tech's push toward secure, seamless consumer/business transactions, tying back to specialized platforms modernizing overlooked pain points in payments and productivity.
Savvy.is has raised $2.0M across 1 funding round. Most recently, it raised $2.0M Seed in May 2015.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| May 1, 2015 | $2.0M Seed | Altair Capital Management, Kevin Ding, Digital Currency Group, Garden City Companies, GreaterGoodSociety, M.G. Siegler, Harrison Metal, Hoxton Ventures, Partech Ventures, Richmond Global Ventures, Sora Ventures, Tekton Ventures, The Hit Forge, Winklevoss Capital, Y Combinator, Larry Braitman, Lawrence Braitman, MG Siegler |