About SAVO
SAVO is a company based in Chicago (United States) founded in 1999 was acquired by Seismic in May 2018.. SAVO has raised $83.1 million across 5 funding rounds from investors including Seismic, Goldman Sachs and NXT Capital. The company has 121 employees as of December 31, 2017. SAVO has completed 1 acquisition, including KnowledgeTree. SAVO operates in a competitive market with competitors including Seismic, Showpad, Bigtincan, Mediafly and Tiled, among others.
- Headquarter Chicago, United States
- Employees 121 as on 31 Dec, 2017
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Sectors
Technology
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Phone
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Website
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Social
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- Legal Name The Savo Group, Ltd.
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Funding Insights of SAVO
SAVO has successfully raised a total of $83.1M across 5 strategic funding rounds. The most recent funding activity was a Series D round of $49.1 million completed in June 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 5
- Last Round Series D — $49.1M
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First Round
First Round
(01 Sep 2005)
- Investors Count 5
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jun, 2014 | Amount | Series D - SAVO | Valuation |
investors |
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| Jun, 2013 | Amount | Debt – Conventional - SAVO | Valuation |
investors |
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| Jun, 2011 | Amount | Series B - SAVO | Valuation | Sapphire Ventures |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| 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 SAVO
SAVO has secured backing from 6 investors, including venture fund and institutional investors. Prominent investors backing the company include Seismic, Goldman Sachs and NXT Capital. 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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Venture capital firm partnering with enterprise software companies and early-stage funds.
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Founded Year | Domain | Location | |
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Private equity firm
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Founded Year | Domain | Location | |
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Investment banking services are delivered across multiple financial sectors.
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Founded Year | Domain | Location |
| Investor | Description | 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 SAVO
SAVO has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include KnowledgeTree. 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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Marketing content analyzer for sales enablement
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2006 |
| 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 - SAVO
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| 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 |
Savo Comparisons
Competitors of SAVO
SAVO 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 Seismic, Showpad, Bigtincan, Mediafly and Tiled, 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 |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Cloud and AI-based sales enablement platforms are provided for teams.
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| domain | founded_year | HQ Location |
Provider of Mobile Sales Enablement platform
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| domain | founded_year | HQ Location |
Mobile based content enablement system for sales teams
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| domain | founded_year | HQ Location |
SaaS content management solutions are delivered for sales teams.
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| domain | founded_year | HQ Location |
Interactive content experiences are provided by Tiled for businesses.
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| domain | founded_year | HQ Location |
Cloud-based platform for sales enablement and communication analytics.
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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 Savo
Frequently Asked Questions about SAVO
When was SAVO founded?
SAVO was founded in 1999 and raised its 1st funding round 6 years after it was founded.
Where is SAVO located?
SAVO is headquartered in Chicago, United States. It is registered at Chicago, Illinois, United States.
Is SAVO a funded company?
SAVO is a funded company, having raised a total of $83.1M across 5 funding rounds to date. The company's 1st funding round was a Series B of $14M, raised on Sep 01, 2005.
How many employees does SAVO have?
As of Dec 31, 2017, the latest employee count at SAVO is 121.
What does SAVO do?
Founded in 1999 and based in Chicago, United States, SAVO operates in the sales enablement sector. On-demand solutions are provided to facilitate collaboration among sales teams by delivering content, insights, and expertise at appropriate times. Feedback mechanisms, including ratings and usage data, are incorporated to assess resource effectiveness. Major clients such as Morgan Stanley, Citigroup, and FedEx have been served, with the company now acquired by Seismic.
How many acquisitions has SAVO made?
SAVO has made 1 acquisition, including KnowledgeTree.
Who are SAVO's investors?
SAVO has 6 investors. Key investors include Seismic, Goldman Sachs, NXT Capital, Sapphire Ventures, and Sterling Partners.
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