Savana Médica closed a €3.8M funding round led by Seaya Ventures

Savana, a Madrid, Spain-based developer of Big Data and AI software for the healthcare industry, announced that it closed a €3.8M ($4.4M) funding round.

The round was led by Seaya Ventures with participation from existing angel investors.

Savana, founded in 2014 by CEO Jorge Tello Guijarro, helps hospitals to extract insights from doctor’s notes for the first time to optimise their operations and boost research and innovation in clinical practice. Pharmaceutical companies use Savana’s technology solution to make clinical research faster and more accurate. Savana is also currently developing Savana Predict, an analytics tool for hospitals that enables predictive medicine.

Savana's client base included 9 of the top 20 pharmaceutical companies in the world and more than 43 private and public hospitals in Spain. The company is currently localising its platform for other European markets in response to client demand for international projects. The team consists of medical practitioners, computer engineers, computational linguists and mathematicians.