Tech Company Financing Transactions
Sana Funding Round
Sana closed a $55 million funding round on 10/30/2024. Backers included New Enterprise Associates, Menlo Ventures and private investors.
Transaction Overview
Company Name
Announced On
10/30/2024
Transaction Type
Venture Equity
Amount
$55,000,000
Round
Undisclosed
Investors
New Enterprise Associates (Lead Investor)
Proceeds Purpose
The company intends to use the funds to accelerate its global go-to-market expansion and accelerate both its AI and experience design R&D. To that end, the company also acquired CTRL, an AI workflow automation startup backed by LocalGlobe and Earlybird and trusted by Stripe, Airtable, and Snowflake.
Company Information
Company Status
Private & Independent
Industry
Software
Mailing Address
Riddargatan 32
Stockholm, 114 57
Sweden
Stockholm, 114 57
Sweden
Phone
Undisclosed
Website
Email Address
Not Recorded
Overview
Sana is an AI company building the next generation of knowledge tools. We believe advancing human knowledge is the world's most important problem to solve. From writing and the printing press to the internet and Google, the tools that have accelerated access to knowledge have catalyzed human progress. Yet our workplace software hasn't kept up.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Joel Hellermark
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Where The Data Comes From
We report on funding rounds that are announced publicly. All VC database entries reported here are sourced from news reports and company announcements. The data is sourced from VentureDeal.com, an affiliated venture.
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