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Swedish AI tech Sana Labs raises $28M in Series B, bringing total funding to $62M

Sana Labs Founder
Photo credits: Sana Labs

Sana Labs, a Stockholm, Sweden-based company that uses artificial intelligence (AI) to personalise online training for professionals has recently announced the successful completion of its Series B funding round with an additional $28 million investment. The round was co-led by DoorDash, Uber, Robinhood backer New Enterprise Associates (NEA) that recently backed Magenta Medical and California-based VC Workday Ventures, bringing the total funding raised in Series B to $62 million.

As part of the investment, Scott Sandell and Philip Chopin, renowned industry experts, will join Sana’s board, further bolstering the company’s mission to revolutionise knowledge creation, sharing, and access through AI technology.

Deploys AI to enhance human intelligence

Sana’s core purpose is to enhance human intelligence with the power of AI. With a strong focus on design and leveraging the latest advancements in machine learning, Sana has dedicated seven years to perfecting this vision. The recent progress made in the past six months has exceeded all expectations and sets the stage for even greater achievements.

Companies such as PepsiCo, Novartis, Amgen and Mount Sinai use Sana Labs’ platform to reskill and upskill their employees across a range of sectors.

The company firmly believes that augmenting human intelligence is the key to driving global progress. Sana aims to empower organisations worldwide by enabling employees to learn at an accelerated pace and be exponentially more productive. With this fundamental belief in mind, Sana embarked on a mission two years ago to build a superior learning management system. Today, it proudly unveils its next milestone: Sana AI.

Sana AI serves as an intelligent co-pilot, seamlessly integrating with a company’s knowledge base. This omnipresent assistant offers an array of functionalities, including cross-app searches, real-time meeting summaries, natural language command responses, and the ability to create comprehensive learning courses from scratch.

The capabilities of generative AI models are directly influenced by the context they receive. By integrating Sana with an organisation’s suite of applications, users can unlock the full potential of AI assistance, maximising productivity and saving valuable time.

Founded in 2016 by Joel Hellermark, the edtech startup has benefited from the surge in remote working as companies move corporate reskilling online. During the pandemic, more than 80,000 healthcare workers across 2,000 hospitals have used Sana’s platform for upskilling and to learn more about Covid-19 treatment and prevention.

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