Pomegra
Sava emerged from stealth on October 28, 2026, with a $10 million seed round led by Gradient Ventures and a Nevada-chartered trust company that pairs AI software with human trustees.
Key Takeaways
- Sava raised a $10M seed round led by Gradient Ventures and launched Sava Trust Company in Nevada.
- Y Combinator, SV Angel, Orange Collective and SurgePoint Capital also participated; valuation is undisclosed.
- Customers pay a flat annual fee per trust, while human trust officers keep fiduciary liability.
Lead
Sava, a startup building AI-driven trust administration, announced a $10 million seed round on October 28, 2026, and introduced Sava Trust Company, an independent corporate fiduciary chartered in Nevada. Gradient Ventures led the round. Y Combinator, SV Angel, Orange Collective and SurgePoint Capital joined, along with angels including Instacart co-founder Max Mullen, Gusto co-founder Tomer London and Eleonora Sharef, a former head of McKinsey's private wealth practice. The company did not disclose a valuation.
The target is the administrative layer of a U.S. trust and estate industry that the company puts at more than $6.5 trillion. Sava says it can onboard a trust in days rather than the weeks or months common today.
What Does Sava Actually Do?
Sava acts as an administrative trustee. It handles ongoing compliance, reporting, distributions and related duties across the life of a trust, while clients keep their existing estate attorneys and financial advisors.
Software agents do the first pass on onboarding, document extraction, KYC checks, custodian data syncing, accounting and distributions. Human trust officers review that work and carry fiduciary liability for decisions. The company is regulated by the Nevada Financial Institutions Division, and it plans to release API infrastructure so fintech platforms can embed trust services.
Pricing is a flat annual fee per trust, a contrast with the asset-based fees many incumbent trustees charge. Sava has not published the fee level.
Who Is Behind the Company?
CEO Nimit Maru previously founded Fullstack Academy, acquired in 2019, and co-founded Bloomspot, acquired by JPMorgan Chase in 2012. Co-founder Rush Sadiwala is a repeat venture-backed founder and private investor who built the creator platform Framework.so.
Jordan Wolff leads trusts. He has more than 20 years of industry experience and previously ran trust and estate administration at Hightower Advisors, a firm with more than $340 billion in assets under management. That hire matters more than the investor list: a trust company lives or dies on its fiduciary operations, and a software team without a seasoned trust officer would struggle to win over estate attorneys.
Why Does a Chartered Trust Company Matter?
A charter lets Sava act as the trustee itself rather than selling software to someone who is one. Most legal-tech and estate-planning startups stop at document generation, leaving the administration work to banks, wealth managers or family members. Sava is taking on the regulated liability, which is slower to build and harder to copy.
The structure also carries cost. Capital requirements, examinations and fiduciary exposure are heavier than in a pure software business, and a $10 million seed round leaves limited room for errors. Investors are betting that automation will lower the cost of serving smaller trusts enough to make a flat-fee model profitable.
How Crowded Is the Field?
The category is filling up. Trust & Will, the estate-planning platform, has launched its own Nevada-chartered trust company, and Axiom Trust has raised $11.8 million. Large banks and independent trust companies hold most existing trust assets and have deep client relationships.
Sava's differentiation rests on speed, price transparency and a workflow that leaves the client's advisor in place. Whether advisors treat a new trustee as a partner or a competitor for the household relationship will shape adoption. Funding data cited alongside the announcement placed the round in roughly the top 5% of U.S. fintech seed deals by size, which says as much about seed inflation as about Sava.
What Comes Next for Sava?
The company will use the funding to expand its team, build out the platform and develop the API for third-party integrations. Early traction figures, such as trusts under administration or assets held, were not disclosed.
The first tests will be operational. Estate attorneys and advisors will watch error rates, response times and how human review scales as trust volume grows. A regulator-supervised fiduciary that makes a visible mistake faces consequences a typical software startup does not.
Outlook
Sava enters a market where trust administration remains manual and relationship-driven, backed by Gradient Ventures and a roster of operator angels. Its charter and fixed pricing set it apart from document-focused rivals, but competition from Trust & Will and Axiom Trust is already visible. With no disclosed valuation or customer numbers, the next signals will be assets under administration and whether advisors route client trusts to it.
