Empowering Growth in the AI-Driven SaaS Landscape: Announcing Savant Growth's New Fund

October 21, 2024

October 21, 2024

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4

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News

At SG, we love what we do and there has never been a better time to realize our mission: to help founders of B2B Saas companies achieve high value outcomes through an Applied AI product strategy and capital efficient growth.  

 

We collaborate closely with founders to leverage Applied AI's benefits that drive efficiencies, streamline operations, improve decision-making, and accelerate growth to establish them as category leaders in horizontal and vertical markets. Positioned uniquely in the private equity market, our approach to rapidly adopting Applied AI technologies makes us a pivotal investment partner and advisor in this emerging landscape. 

 

Building on the success of our inaugural fund, Savant Growth, in which we’ve focused on scaling U.S.-based B2B SaaS companies, we’re thrilled to announce our second fund in collaboration with investment partner, Kennet Partners. With a recent €266M raised for AI-driven SaaS solutions, Savant Growth is the exclusive subadvisor to manage 30% of the new Kennet VI fund specifically targeting U.S.-based companies. Together, we are poised to lead the charge in transforming industries through AI-driven solutions that solve real-world problems and enhance business operations across various industries. 

 

“With the close of Kennet VI, Savant Growth is actively pursuing new investment opportunities,” said Co-Founder and Managing Partner Eric Filipek. “We’re proudly supporting Kennet in its first Fund VI investment, Fluid Topics, a French/US content AI business, and are particularly excited about the promising deals in our pipeline."

 

Savant Growth will continue to support the growth of engineering teams with capital-efficient, in-house nearshore resources through DevSavant, and implement data-driven programs for cost-effective customer acquisition with SaleSavant. Our partnership with Kennet enables American portfolio companies to scale and expand into European markets while facilitating the firm’s European portfolio companies entry into the U.S. This strategic expansion is crucial for market leadership, as we help our portfolio companies evolve into Applied AI and data-driven enterprises. 

 

“The significant investments in proprietary models by major players like Nvidia and OpenAI are catalyzing a new wave of emerging SaaS companies optimized for automating tasks and digitizing workflows across vertical and horizontal markets. By integrating third-party models with Applied AI, we are confident we can drive substantial business value for our entrepreneurs and investors,” said Co-Founder and Managing Partner Javier Rojas.

 

As we look ahead, we are excited to build on our momentum into 2025 with an investment thesis centered around Applied AI. As companies increasingly seek innovative solutions to stay competitive, Applied AI has become a vital component in transforming how companies operate and deliver value to their customers.

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