About Savari
Savari is a company based in Santa Clara (United States) founded in 2008 was acquired by Harman International in February 2021. Savari has raised $20 million across 2 funding rounds from investors including Harman International, Aviva and Flex. The company has 58 employees as of April 09, 2024. Savari offers products and services including Over-the-Air (OTA) Solutions, Device Virtualization, and Intelligent Cockpit. Savari operates in a competitive market with competitors including Cradlepoint, Kapsch, Ondas Networks, Actility and Visteon, among others.
- Headquarter Santa Clara, United States
- Employees 58 as on 09 Apr, 2024
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Sectors
TechnologyTransportation, Automotive & Logistics
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Email
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Phone
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Website
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Social
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- Legal Name Savari Systems Private Limited
- Date of Incorporation 12 Nov, 2008
- Jurisdiction Bangalore, Karnataka, India
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Annual Revenue
$17.45 K (USD)-97.99as on Mar 31, 2022
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Net Profit
$16.94 K (USD)102.72as on Mar 31, 2022
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EBITDA
$6.71 K (USD)101.19as on Mar 31, 2022
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Total Equity Funding
$20 M (USD)
in 2 rounds
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Latest Funding Round
$12 M (USD), Series B
Apr 24, 2018
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Investors
Harman International
& 4 more
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Employee Count
58
as on Apr 09, 2024
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Acquired by
Harman International
(Feb 26, 2021)
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Products & Services of Savari
Savari offers a comprehensive portfolio of products and services, including Over-the-Air (OTA) Solutions, Device Virtualization, and Intelligent Cockpit.
Enables remote vehicle software updates for enhanced functionality.
Supports Android OS integration for in-vehicle systems.
Provides advanced user interfaces for safer driving experiences.
Funding Insights of Savari
Savari has successfully raised a total of $20M across 2 strategic funding rounds. The most recent funding activity was a Series B round of $12 million completed in April 2018. 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.
Investors in Savari
Savari has secured backing from 5 investors, including institutional and venture fund investors. Prominent investors backing the company include Harman International, Aviva and Flex.
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Venture capital firm focused on big data, IoT, and human machine
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Insurance and asset management services are offered in multiple regions.
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Designer and producer of intelligent products, automotive electronics manufacturing, and logistics services
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Investor details for Savari
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Investments & Acquisitions by Savari
Investment portfolio details for Savari
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- Portfolio identities
- Transaction dates
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Financial Statements - Savari
Detailed financials for Savari
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- Profit trends
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Savari Comparisons
Peer comparison for Savari
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- Named peers
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Competitors of Savari
Savari 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 Cradlepoint, Kapsch, Ondas Networks, Actility and Visteon, among others.
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Cloud-based network infrastructure for IoT applications is provided.
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SaaS-enabled traffic management solutions are offered to traffic authorities.
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Broadband communication technologies for IoT are developed and deployed.
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Platform for IoT deployments and network connectivity management is provided.
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AI and cloud-enabled solutions and electronics for connected and autonomous vehicles
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IoT connectivity and management solutions are provided for various markets.
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Detailed competitors of Savari
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Latest news on Savari
Complete news archive for Savari
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Frequently Asked Questions about Savari
Savari was founded in 2008 and raised its 1st funding round 8 years after it was founded.
Savari is headquartered in Santa Clara, United States. It is registered at Santa Clara, California, United States.
Savari is a funded company, having raised a total of $20M across 2 funding rounds to date.
As of Apr 09, 2024, the latest employee count at Savari is 58.
Annual revenue of Savari is $17.45K as on Mar 31, 2022.
Provider of automotive digital transformation solutions, in-cabin experiences, and connected car services. It offers solutions such as ready-to-deploy products, car audio systems, device virtualization, and over-the-air (OTA) solutions for commercial and electric vehicles. The company provides engineering services, including architecture advisory, cybersecurity, and software-defined vehicle practice. It delivers connected mobility solutions, including telematics control units, smart antenna technology, and connectivity services focused on safety, entertainment, and productivity.
Savari's top competitors include Cradlepoint, Kapsch and Autotalks.
Savari offers Over-the-Air (OTA) Solutions, Device Virtualization, and Intelligent Cockpit.
Savari has 5 investors. Key investors include Harman International, Aviva, Flex, Delta Electronics, and SAIC Capital.