About Savant Systems
Savant Systems is a company based in Barnstable (United States) founded in 2005 by Robert Madonna.. Savant Systems has raised $90 million across 1 funding round from investors including KKR. Savant Systems has completed 5 acquisitions, including GE Lighting, J Geiger Shading and LiteTouch. Savant Systems offers products and services including Savant Power, Savant Home, and Savant App. Savant Systems operates in a competitive market with competitors including MRI Software, Tibber, SmartThings, Span.IO and Resideo, among others.
- Headquarter Barnstable, United States
- Founders Robert Madonna
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Sectors
Business ServicesEnergy & Utilities Real Estate & Construction Technology
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Phone
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Website
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Social
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- Legal Name Savant Systems, Inc
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$90 M (USD)
in 1 rounds
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Latest Funding Round
$90 M (USD), Private Equity Round
Sep 03, 2014
- Investors
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Employee Count
Employee Count
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Investments & Acquisitions
GE Lighting
& 4 more
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Products & Services of Savant Systems
Savant Systems offers a comprehensive portfolio of products and services, including Savant Power, Savant Home, and Savant App. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
System for monitoring circuits and handling power outages in homes.
Platform automating lighting, music, and video for smart living.
App for controlling and optimizing home automation features.
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Software Development Team
34 people
Sales and Marketing
20 people
Leadership Team
8 people
Product Management Team
5 people
Creative and Marketing Team
5 people
Finance and Accounting
4 people
Lead Team
3 people
Human Resources and Administration
2 people
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Funding Insights of Savant Systems
Savant Systems has successfully raised a total of $90M through 1 strategic funding round. The most recent funding activity was a Private Equity Round round of $90 million completed in September 2014. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 1
- Last Round Private Equity Round — $90.0M
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First Round
First Round
(03 Sep 2014)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Sep, 2014 | Amount | Private Equity Round - Savant Systems | Valuation | KKR |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Savant Systems
Savant Systems has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include KKR. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Multiple sectors are invested in by this private equity firm.
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Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Savant Systems
Savant Systems has strategically engaged in corporate development activities, having acquired 5 companies. Notable acquisitions include GE Lighting, J Geiger Shading and LiteTouch. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Provider of load management and micro grid solutions
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2015 | ||||
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Energy storage systems for homes are manufactured with integrated batteries.
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2014 | ||||
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Provider of window shades and design services
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2011 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Savant Systems
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Savant Systems Comparisons
Competitors of Savant Systems
Savant Systems operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as MRI Software, Tibber, SmartThings, Span.IO and Resideo, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Property management software is provided for residential and commercial properties.
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| domain | founded_year | HQ Location |
Provider of solutions for energy monitoring for residential building
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| domain | founded_year | HQ Location |
Home automation is enabled through internet-connected devices and sensors.
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| domain | founded_year | HQ Location |
Smart panels for home energy management are provided by Span.IO.
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| domain | founded_year | HQ Location |
Smart home products for security and energy efficiency are provided.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Savant Systems
Frequently Asked Questions about Savant Systems
When was Savant Systems founded?
Savant Systems was founded in 2005 and raised its 1st funding round 9 years after it was founded.
Where is Savant Systems located?
Savant Systems is headquartered in Barnstable, United States. It is registered at Barnstable, Massachusetts, United States.
Who is the current CEO of Savant Systems?
Robert Madonna is the current CEO of Savant Systems. They have also founded this company.
Is Savant Systems a funded company?
Savant Systems is a funded company, having raised a total of $90M across 1 funding round to date. The company's 1st funding round was a Private Equity Round of $90M, raised on Sep 03, 2014.
What does Savant Systems do?
Savant Systems was founded in 2005 and is based in Barnstable, United States. Operations focus on the smart home sector, where an app and hub are provided for coordinating and controlling connected products. Automation is enabled through smart plugs for appliances, alongside scheduling for onoff times and climate management. Integration with streaming services such as Netflix is supported, with partnerships including Sonos, Honeywell, Sony, and Lutron.
Who are the top competitors of Savant Systems?
Savant Systems's top competitors include Span.IO, Resideo and Smart Joules.
What products or services does Savant Systems offer?
Savant Systems offers Savant Power, Savant Home, and Savant App.
How many acquisitions has Savant Systems made?
Savant Systems has made 5 acquisitions, including GE Lighting, J Geiger Shading, and LiteTouch.
Who are Savant Systems's investors?
Savant Systems has 1 investor. Key investors include KKR.
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