What is Savant Systems?
Founded in 2005 and headquartered in Hyannis, Massachusetts, Savant Systems specializes in the design, development, and manufacturing of sophisticated home automation control systems. The company is a key innovator in the Internet of Things (IoT) space, providing integrated solutions that enhance convenience, security, and energy efficiency for residential properties. Savant Systems' commitment to cutting-edge technology positions it as a leader in the rapidly evolving smart home market, catering to an enterprise-level demand for seamless integration of various home functions.
How much funding has Savant Systems raised?
Savant Systems has raised a total of $92M across 2 funding rounds:
Private Equity
$90M
Debt
$2M
Private Equity (2014): $90M with participation from Kohlberg Kravis Roberts & Co. L.P.
Debt (2020): $2M led by PPP
Key Investors in Savant Systems
Kohlberg Kravis Roberts & Co. L.P.
KKR is a global investment firm specializing in private markets across all asset classes. They focus on fortifying companies and communities, aiming for shared success with their portfolio companies.
PPP
Public-Private Partnership
What's next for Savant Systems?
With the recent major strategic investment, Savant Systems is poised for significant advancements in its product offerings and market reach. The company is likely to focus on expanding its technological capabilities, potentially exploring new integrations with emerging smart home devices and platforms. This strategic financing will also enable Savant Systems to bolster its research and development efforts, further solidifying its competitive edge in the enterprise-level home automation landscape. Future growth may involve deeper penetration into global markets and enhanced software solutions for a more connected living experience.
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