# Savana

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/savana

- Industry: Software
- Headquarters: Malvern, US
- Website: www.savanainc.com
- Total disclosed funding: $45M
- Latest round: Series A (Jul 22, 2022)
- Investors on record: 2

## About

Based in Pennsylvania, US, and founded in 2009 by CEO and Chairman Michael Sanchez, Savana, Inc., a.k.a. Savana operates as a financial technology company that offers a SaaS (software-as-a-service) based platform for customer-centric banking operations to deliver next-generation channel and product agnostic customer engagement, account servicing, and automated bank operations. In July 2022, Savana, Inc. LTD raised USD 45.2 million in a Series A funding led by Georgian, with participation from Fiserv, Inc. The round was part of a larger USD 105.2 million in venture financing.

The company provides a digital delivery platform that allows banks and financial companies to enhance their operational excellence to unlock digital innovation and customer engagement while launching a new bank or transforming a legacy ecosystem. Savana also offers LEAP (legacy encapsulation abstraction process), a combination of technology and sequence of projects to de-risk the transformation of core systems, which includes planning, documentation of existing conditions and future state, creating new service layer, upgrading ecosystem, unifying multi-cores, new core setup, replace the core.

Savana plans to use its proceeds from July 2022 funding to further develop the core-agnostic digital delivery platform, accelerate its go-to-market activities, and initiate its roadmap of new capabilities.

## Funding rounds

- Series A, Jul 22, 2022, $45M — Georgian, Fiserv, Inc.

## Investors

- Georgian — Series A
- Fiserv, Inc. — Series A