Sana, a Stockholm, Sweden-based company which specializes in applying AI to enterprise knowledge, raised $55M in funding.
The round, which brings Sana’s total funding to over $130M, was led by NEA with participation from Menlo Ventures and other investors.
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.
Sana aims to improve the way humans access knowledge with AI. Its large language model and platform agnostic, integrating with a tech stack, allow assistants and agents to make more informed decisions by drawing on all structured and unstructured data. Its products are used by enterprises like Merck, Hinge Health, Electrolux, and Svea Solar.
Alongside the raise, Sana is announcing new features for organizations to build custom AI agents for any team or workflow, with no coding required. Empowered by its RAG and its agent solution A-4, these agents will collaborate to solve complex multi-step problems, complete tasks in other apps, and self-critique their output until they’ve resolved the task at hand.
Customers include Merck, Hinge Health, Electrolux, and Svea Solar.
FinSMEs
30/10/2024