Savant Growth, a new, data-driven private equity firm, has had its first and final close of its inaugural fund, Savant Growth Fund I, to provide founder-led, SaaS companies with the active partnership, proprietary technology, and expansion capital needed to scale their businesses.
“Today, with the rapid pace of change, businesses that leverage Applied AI and data are innovating the high growth subscription economy,” said Savant Growth Co-Founder and Managing Partner, Eric Filipek.
Savant Growth’s inaugural, multi-vehicle fund has approximately $500M in capital availability including nine active portfolio companies.
“The executives at Savant Growth were able to help us accelerate our AI and NLP efforts with their team of developers,” said Frank Fawzi, CEO of IntelePeer. “As a result, we were able to quickly scale up our development efforts to meet business demands.”
Read more at PR Newswire
