Savant Labs Secures $18.5M To Expand Its Platform For AI-Powered Analytics And Automation

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Savant Labs secures $18.5 million in Series A funding to enhance its AI-powered analytics and automation platform, addressing inefficiencies in traditional data tools. The investment, led by Dell Technologies Capital, will support expanded AI capabilities, improved security, and broader integrations for enterprise users. As demand for automated data solutions grows, the company aims to provide scalable, secure alternatives to outdated manual processes.

AI-Driven Analytics Just Got a Major Boost

Savant Labs has raised $18.5 million in a Series A funding round to enhance its AI-powered analytics and automation platform. Dell Technologies Capital led the investment, with participation from Vertex Ventures, Cota Capital, Village Global, Bloomberg Beta, West Wave Capital, and Uncorrelated Ventures. The company aims to replace outdated, on-premise analytics tools with cloud-based AI automation, reducing manual data processing and improving decision-making efficiency.

Businesses rely on data-driven insights to maintain a competitive edge, but traditional tools create inefficiencies that slow down workflows. The latest funding will allow Savant Labs to accelerate development and expand its reach as demand grows for AI solutions in data analytics.

Why Businesses Struggle with Traditional Analytics Tools

Many enterprises still use legacy software like Excel, Power Query, and Alteryx for data analytics. These tools come with limitations that hinder efficiency, particularly in large-scale operations.

  • Slow AI and cloud adoption limits automation and scalability.
  • Security risks increase when handling sensitive business data with outdated solutions.
  • Governance challenges make it difficult to control user access and ensure compliance.
  • Manual workflows lead to bottlenecks, reducing agility and delaying insights.

These obstacles create unnecessary reliance on IT teams and data engineers, making it harder for analysts to extract value from data efficiently.

How Savant Labs Solves Data Challenges with AI

Savant Labs provides an AI-powered platform designed to streamline data analytics while ensuring security and governance. Analysts can connect to over 300 data sources, automate workflows, and collaborate across teams without writing code.

Key features include:

  • Automated data preparation and analysis to reduce manual intervention.
  • Role-based access controls for better security and compliance.
  • Seamless integration with cloud applications, CRMs, and ERPs.
  • AI agents that automate repetitive reporting and data transformation tasks.

CEO Chitrang Shah explains that Savant Labs empowers analysts by eliminating inefficiencies in traditional tools, allowing them to work faster and with greater autonomy. The platform ensures that businesses can act on insights in real time without excessive dependence on IT support.

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Why Investors Are Betting on Savant Labs

AI-powered analytics is a rapidly expanding market, with enterprises shifting toward automated solutions to enhance efficiency. Savant Labs is positioned within a $25 billion industry where businesses seek alternatives to rigid, legacy systems.

Dell Technologies Capital led the investment after recognizing the platform’s ability to simplify complex analytics processes. Radhika Malik, a partner at Dell Technologies Capital, highlighted the company’s deep technical expertise and its vision for AI-driven analytics as key reasons for backing Savant Labs.

Investor confidence is driven by the company’s rapid growth, tripling its revenue and customer base annually since its launch in 2021. Enterprises are looking for scalable analytics solutions that reduce operational costs and increase productivity, making Savant Labs an attractive prospect.

What’s Next for Savant Labs After $18.5M in Funding?

Savant Labs plans to expand its AI automation capabilities and scale its go-to-market teams to meet growing demand. The funding will support key initiatives, including:

  • Enhancing AI-driven automation for faster and more accurate analytics.
  • Improving governance and security features to align with enterprise needs.
  • Expanding integration options to support a wider range of business applications.

The company is focusing on industries that require secure, scalable analytics, such as finance, healthcare, and logistics. As organizations prioritize AI-powered tools to streamline operations, Savant Labs is preparing to deliver solutions that align with enterprise-scale requirements.

AI-Powered Analytics Is No Longer Optional

Data analytics is evolving, and businesses that rely on slow, outdated tools risk falling behind. AI-driven solutions are becoming essential for organizations that need to process large volumes of data efficiently while maintaining security and compliance.

Savant Labs is filling a critical gap in the market by offering an AI-powered alternative to traditional analytics platforms. With a growing customer base and strong investor backing, the company is positioned to play a key role in the future of enterprise data automation.

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