“Can an AI knowledge assistant become the primary interface through which enterprise employees access and act on all internal information — and ultimately the AI layer Workday's workforce platform is built on?”
Founded in 2016 as Sana Labs, an AI-powered personalized learning platform, the company evolved from pure LMS/e-learning into a broader enterprise 'knowledge assistant' that indexes company information and enables employees to search, chat, and automate workflows via AI agents. After raising $130M in total venture funding — including a $55M Series C in late 2024 — Sana was acquired by Workday, integrating its AI knowledge infrastructure into Workday's HR and enterprise software suite. The embedded finance footprint is limited primarily to treasury/ledger operations (via Modern Treasury) supporting the SaaS business itself, rather than financial products sold to end users.
Sana runs its ledger on Modern Treasury.
The Embedded Finance Index 2026 maps 2 layers in Sana's stack: Ledger (Modern Treasury); Treasury (Modern Treasury).
Sana was founded by Joel Hellermark and is founded in 2016, headquartered in Stockholm, Sweden.
Sana has raised $130M in total (latest round: Series C, October 2024; valuation: $500M post-money (2024)).
Sana's acquisitions include CTRL (2024).
Get a read on where your own stack stands against Sana and the rest of its category — what they built versus bought, which providers they use, and where the gaps in your own strategy and competitive set actually are.