Savant Growth Advises on 30% of Kennet V €266M Fund for U.S.-based AI Investments
Savant Growth Announces Second Fund with Kennet Partners for Investments in AI-Driven B2B SaaS Solutions
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Savant Growth, one of the leading data-driven private equity firms for capital-efficient B2B SaaS companies, today announced its investment partner, Kennet Partners, has successfully raised Kennet VI with over €266M in commitments, 30% of which will be dedicated to U.S. investments. Savant Growth serves as the exclusive U.S. sub-adviser to Kennet VI and Kennet V where the firm manages sourcing, recommending, and monitoring of U.S. portfolio companies while directly managing Savant Growth Fund I and related sidecar investments.
Savant Growth offers its portfolio companies a comprehensive solution designed to accelerate the growth of B2B SaaS businesses. The firm partners with founders to build high value outcomes using its proprietary approach built on four key pillars:
- Scaling SaaS companies to attain market leadership
- Helping portfolio companies morph to AppliedAI, analytics-driven businesses, combining data, content, and LLMs to automate work streams
- Growing engineering teams with capital-efficient, inhouse near-shore resources with DevSavant
- Building ICPs and data-driven outreach programs for cost-effective customer acquisitions with SaleSavant
“We’re excited to launch our latest fund with Kennet Partners at a time when our long-standing thesis about AppliedAI is gaining unprecedented momentum, driven by innovations in LLM technologies,” said Javier Rojas, Co-Founder and Managing Partner of Savant Growth. “The significant investments in proprietary models by major players like Nvidia and OpenAI are catalyzing a new wave of emerging SaaS companies, optimized for automating tasks and digitizing work streams across vertical and horizontal markets. By integrating third-party models with AppliedAI, we are confident we can drive substantial business value with our entrepreneurs and investors,” Rojas added.
Savant Growth's inaugural fund, Savant Growth I, and affiliated funds have approximately $500M under management or advisement including nine active portfolio companies and two exits. This builds on the team’s 30-year track record of investing in and advising high-growth software and SaaS companies.
“Savant Growth parallels our deep market knowledge and operational expertise to empower B2B software founders to successfully grow their organizations and realize their vision,” said Hillel Zidel, Managing Director of Kennet Partners. “Our longstanding investment partnership with the Savant Growth team streamlines expansion into U.S. and European markets for early global leadership. We believe that are at the beginning of a new tech cycle with generative AI and are looking to back tomorrow's leaders,” added Zidel.
Kennet VI Fund was raised as part of Kennet's partnership with Edmond de Rothschild Private Equity (EdRPE) which began in 2017.
“With the close of Kennet VI, Savant Growth is actively pursuing new investment opportunities,” said Co-Founder and Managing Partner Eric Filipek. “We supported Kennet on its first Fund VI investment, Fluid Topics, a French/US content AI business, and are particularly excited about the compelling deals in our pipeline.”
About Savant Growth
Savant Growth is a private equity firm that focuses on investing in bootstrapped, founder-led B2B SaaS and tech-enabled services businesses. Leveraging over 30 years of investment experience, the firm adopts a data-driven, entrepreneurial approach to unite talent, companies, and capital, resulting in transformative outcomes within large, high-growth markets. The firm’s investment thesis revolves around the digitization of workstreams by blending SaaS, data, content, predictive analytics, and AI to automate both blue- and white-collar work.
For additional information, please visit: www.savantgrowth.com.
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