Sava Raises $10M Seed to Automate Trust Administration with AI
Image
New York – October 29, 2026 -- Sava, a New York-based trust company, emerged from stealth with $10 million in seed funding led by Gradient Ventures. It is targeting the $6.5+ trillion U.S. trust and estate industry with AI agents orchestrated by human trust officers.
Y Combinator, SV Angel and Instacart's Max Mullen join Gradient in Sava's round
Other participants include Orange Collective and SurgePoint Capital. Strategic operators Tomer London, co-founder of Gusto, and Eleonora Sharef, former Head of Private Wealth at McKinsey, also joined the round.
Sava was founded by Nimit Maru, who founded Fullstack Academy (acquired in 2019) and Bloomspot (acquired in 2012 by JPMorgan Chase Bank), and by Rush Sadiwala, a repeat founder of VC-backed startups. Maru serves as CEO.