FundedIQ
Financial Services

Savology: Funding, Investors & Team (Sep 2026)

Savology is helping American households improve their financial well-being by providing accessible and affordable financial planning online. It delivers financial planning directly to consumers and through employers as a sponsored benefit. It was launched in 2019 and is based in Orem, Utah.

savology.com LinkedIn Orem, United States 11-50 employees
Financial Services FinTech Personal Finance
Total raised
$1.2M
Rounds
2
Latest
Seed
Aug 2021

Savology has raised $1.2M across 2 funding rounds on record, the most recent a Seed of $400k announced in Aug 2021.

That round is below the $14M median round size for Financial Services companies tracked on FundedIQ over the last two years.

Savology Company Profile and Key Stats

Total funding raised
$1.2M
across 2 rounds on record
Funding rounds on record
2
Latest funding round
Seed
$400k in Aug 2021
Employees
11-50
reported band
Headquarters
Orem, United States

Latest funding round on record: Aug 2021.

Savology Funding Rounds

Date
Round
Amount
Seed
$400k
Undisclosed round
$800k

Savology raised $800k in an undisclosed round announced in Apr 2020.

1.3 years later, a Seed of $400k was announced in Aug 2021.

Savology Founders and Leadership Team

Name
Role
Contact
Spencer Barclay
CEO
Locked

Contact details for the Savology team: 1 of 1 has an email address on file.

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Savology Funding Compared to Other Financial Services Startups

Segment
Companies
Median round
29,722
$7.5M
16,485
$3.1M

Savology's latest round of $400k is below the median round in Financial Services. Medians cover the last 24 months of disclosed rounds.

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Savology Funding FAQs

What does Savology do?

Savology is helping American households improve their financial well-being by providing accessible and affordable financial planning online. It delivers financial planning directly to consumers and through employers as a sponsored benefit. It was launched in 2019 and is based in Orem, Utah.

How much funding has Savology raised?

Savology has raised $1.2M across 2 rounds on record. The most recent is a Seed of $400k announced in Aug 2021.

When did Savology last raise funding?

Savology's most recent funding round on record is a Seed of $400k, announced in Aug 2021.

Who is the CEO of Savology?

Spencer Barclay is listed as CEO at Savology.

Where is Savology headquartered?

Savology is based in Orem, Utah, United States.

How many employees does Savology have?

Savology is in the 11-50 employee band.

How does Savology's funding compare to other Financial Services startups?

Savology's latest round of $400k is below the $14M median round size for Financial Services companies on FundedIQ across 5,745 tracked companies over the last two years.

About FundedIQ's Savology Funding Data

FundedIQ tracks announced funding rounds and refreshes this profile every week. Round dates, stages and amounts are normalised to a single format, converted to US dollars, and de-duplicated: two records of the same round announced days apart are merged, and two genuinely different rounds are kept apart on the amounts they disclose. Amounts shown are the disclosed figures only — a round announced without a number is listed and excluded from the total rather than estimated.

Employee counts are reported bands, not exact headcounts. Founder and executive names carry the job title on record. Anything we do not hold for Savology is left off this page rather than filled in.

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