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Sana Labs

Stockholm, Sweden Artificial Intelligence Acquired

Sana Labs develops AI-native learning and knowledge management platforms, including Sana Learn (an adaptive learning management system) and Sana Agents (for workflow automation). The company specializes in personalizing knowledge access and learning for enterprise organizations, combining AI-powered search, chat, and agents with organizational context.

Acquired

Sana Labs has been acquired

Acquired by Workday Nov 4, 2025 $1.1B

This company is no longer available on our private secondary market.

Overview

Company data and valuation marks are estimates and may be incomplete, stale, erroneous, or revised.

Founded

2016

Total Funding

$190M

5 rounds

Latest Valuation

$0.5B

Jan 1, 2025

Secondary Signals (Note: SetterVC does not verify the accuracy of these)

1 signal
M&A Recent amount $1.1B (acquisition price, cash) 2025-09-16

Signed definitive agreement for Workday to acquire Sana for approximately $1.1 billion

Exit realized above last priced valuation; no further secondary-market upside remains

Funding

Funding data and valuation marks are estimates and may be incomplete, stale, erroneous, or revised.

Total raised $190M across 5 rounds

Last updated 08-29-2026

DateRoundAmount RaisedValuationLead Investors
2025 Series C $55M $0.5B NEA
2023 Series B (second close) $28M — NEA, Workday Ventures
Dec 13, 2022 Series B (initial) $34M — Menlo Ventures

Prominent Investors

Menlo Ventures EQT Ventures

Leadership

  • Joel Hellermark

    Founder and CEO

    LinkedIn

Competitors

Competitor list is illustrative and may be incomplete, stale, or erroneous.

  • Cornerstone OnDemand

    Enterprise learning and talent management platform

  • LinkedIn Learning

    Learning platform by LinkedIn, acquired by Microsoft

  • Udemy for Business

    Enterprise online learning platform

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