Savant Labs, a San Mateo, CA-based AI-driven analytics automation platform for business analysts, has raised $18.5 million in Series A funding.
Investors
The round was led by Dell Technologies Capital, with participation from Vertex Ventures, Cota Capital, Village Global, Bloomberg Beta, West Wave Capital, and Uncorrelated Ventures.
Dell Technologies Capital, the VC arm of Dell Technologies, invests in early-stage founders pushing the boundaries of enterprise and cloud infrastructure innovation. DTC provides capital, expertise, and customer connections to help companies scale.
Savant Labs Use of Funds
The company will use the funds to expand its AI automation capabilities and scale operations.
About Savant Labs
Founded in 2021, Savant Labs is an AI-powered analytics automation platform built to help business analysts access, prepare, and manage data faster and more securely. Its mission is to replace outdated, on-premise analytics tools with secure, cloud-based AI automation. Savant Lab's customers include Zynex Medical, Abzena, Million Dollar Baby Company, and Arrive Logistics.
Funding Details
Company: Savant Labs, Inc.
Raised: $18.5M
Round: Series A
Funding Date: January 2025
Lead Investor: Dell Technologies Capital
Additional Investors: Vertex Ventures, Cota Capital, Village Global, Bloomberg Beta, West Wave Capital, Uncorrelated Ventures
Company Website: https://www.savantlabs.io/
Software Category: AI Analytics Automation
Source: https://www.savantlabs.io/blog/savant-raises-18m-for-ai-analytics-automation