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Announced

Completed

Insight Partners led a $32m Series A funding round in Sanas.

Financials

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Transaction Value£26m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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United States

Venture Capital

Completed

Minority

Software

Private Equity

text-matching software

Acquisition

Cross Border

Private

Friendly

Synopsis

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Insight Partners, a venture capital and private equity firm, led a $32m Series A funding round in Sanas, a developer of an accent matching software, with participation from GV, Assurant Ventures, Gokul Rajaram, Human Capital, General Catalyst, Quiet Capital and DN Capital. "The goal of Sanas has always been to bring people closer together and allow people to have a choice when it comes to their communication style – something that was previously only possible through extensive speech language pathology. Similar to how social media platforms allow users to control the way they physically appear online, this technology enables anyone to have that same control in a digital setting – but for the way they sound. With this funding, we'll be able to further our mission and build on our AI, which is taking advantage of a cutting-edge space in machine learning untapped until Sanas," Maxim Serebryakov, Sanas CEO.

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