Software companies rely on talented developers. But it’s not just about having the right skills—it’s about having the drive and resources to move quickly and tackle tight deadlines. DevSavant aims to support Applied AI and B2B SaaS companies by providing highly productive nearshore engineering teams at scalable costs. This means companies can stretch their R&D budgets further—achieving up to 50% more productivity at roughly half the expense.
Top talent from across LATAM, our team of developers works within U.S. time zones to ensure smooth communication and collaboration with all clients. We are an extension of your in-house team, bringing specialized knowledge in Applied AI, B2B SaaS, data warehousing and analytics, full stack development, API development, prompt engineering, and project management.
Building on the success of our parent company, Savant Growth’s inaugural investment fund, Savant Growth I, which concentrated on scaling U.S.-based B2B SaaS companies, we are excited to announce the firm has secured its second fund in collaboration with global investment partner, Kennet Partners. With €266M recently raised for AI-driven, B2B SaaS solutions, Savant Growth serves as the exclusive subadvisor, managing 30% of the new Kennet VI fund specifically targeting U.S.-based companies. Together, we are poised to lead the transformation of industries through AI-driven solutions that address real-world challenges.
“At DevSavant, we believe true innovation stems from having access to highly skilled, talented, and motivated developers who can integrate seamlessly into our clients’ teams to help them accelerate growth and achieve their goals more efficiently,” said Daniel Peña, co-founder and CEO of DevSavant. “SavantGrowth’s new fund will bring new high growth Applied AI companies into our ecosystem where we can provide the expertise needed to tackle complex challenges and deliver impactful solutions.”
The partnership with Kennet enables American portfolio companies to scale and expand into European markets, while facilitating European portfolio companies’ entry into the U.S. This strategic expansion is crucial for market leadership, as we help our portfolio companies evolve into Applied AI and data-driven enterprises.
“The significant investments in proprietary models by major players like Nvidia and OpenAI are catalyzing a new wave of emerging SaaS companies that automate tasks and digitize workflows across diverse markets. By integrating third-party models with Applied AI, we are confident that we can drive substantial business value for our entrepreneurs and investors,” said Co-Founder and Managing Partner Javier Rojas.
As we look ahead, we are eager to build on our momentum into 2025 with a focus on helping develop technologies that leverage Applied AI. In a competitive landscape, companies are increasingly seeking innovative solutions that not only streamline processes but also bolster operational efficiencies. Our software development and services help empower companies to thrive by embracing the future of cutting-edge AI technologies. Together, we are transforming how companies leverage nearshore development to deliver exceptional value to their customers!