Savant Labs, a San Mateo, CA-based company that provides an automation platform for data analysts, announced that it raised $11 million in seed funding.
The round was led by Cota Capital, with participation from WestWave Capital, Bloomberg Beta, Uncorrelated Ventures, Handshake Ventures, and several angel investors.
The funding allows Savant Labs to continue to scale their teams and innovate on delivering the simplest drag-and-drop analytics automation experience for business analysts to answer questions from data captured in the modern data stack and modern SaaS applications.
"We believe deeply in the combined power of automation technologies and analytics to transform modern businesses," said Chitrang Shah, founder & CEO of Savant Labs. "This unique approach is finally making it possible to automate repetitive manual analytic tasks and reach insights at business speed. With Savant, analysts can have hundreds of data sources at their fingertips, create and automate analytics workflows in minutes and publish insights to the dashboard or business application of their choice."
Savant's end-to-end analytics automation lets users easily create dataflows, and analytics workflows and leverage analytics bots to automate repetitive tasks.
Modern leaders at companies like MariaDB, Arrive Logistics, Moogsoft, and F5000s that can't be named publicly are using Savant to automate data-driven workflows and eliminate thousands of hours of manual work.
The Savant Analytics Automation Platform supports bot-driven access to 200+ data platforms, cloud data warehouses, and business applications, 300+ drag-and-drop analytics widgets to speed automating analytics and bot-driven delivery of insights to 100+ business applications and dashboards.
Company: Savant Labs Inc.
Raised: $11.0M
Round: Seed Round
Funding Month: March 2023
Lead Investors: Cota Capital
Additional Investors: WestWave Capital, Bloomberg Beta, Uncorrelated Ventures, and Handshake Ventures
Company Website: https://www.savantlabs.io/
Software Category: Analytics Automation
About the Company: Founded in 2021, Savant Labs empowers analysts to expedite answers from modern data sources and modern SaaS applications with drag-and-drop no-code, low-code analytics automation. The analytics automation is visualized in an intuitive workflow that combines dataflows and analytics flows and uniquely combines analytics bots. Organizations can leverage Savant's pre-build analytics automation apps or build their own. Savant Labs is based in San Mateo, California.
Source: https://www.prnewswire.com/news-releases/savant-labs-secures-11m-funding-to-ease-operational-analytics-with-drag-and-drop-no-code-low-code-analytics-automation-301758474.html