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Corporation
INTERNET | Internet Software & Services / Business Intelligence, Analytics & Performance Mgmt
sas.com

Investments

2

Portfolio Exits

1

Partners & Customers

10

About SAS

SAS provides software and solutions for business analytics, data management, and AI, used to gather, manage, and analyze corporate information. It offers business analytics SaaS for a range of industries that include agriculture, banking, education, healthcare, insurance, life sciences, manufacturing, retail and consumer goods, public sector, sports, telecommunications and utility industries. The company was founded in 1976 and is based in Cary, North Carolina.

Headquarters Location

100 SAS Campus Drive

Cary, North Carolina, 27513,

United States

919-677-8000

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Expert Collections containing SAS

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

Find SAS in 7 Expert Collections, including Supply Chain & Logistics Tech.

S

Supply Chain & Logistics Tech

4,671 items

Companies offering technology-driven solutions that serve the supply chain & logistics space (e.g. shipping, inventory mgmt, last mile, trucking).

M

Market Research & Consumer Insights

717 items

This collection is comprised of companies using tech to better identify emerging trends and improve product development. It also includes companies helping brands and retailers conduct market research to learn about target shoppers, like their preferences, habits, and behaviors.

C

Conference Exhibitors

5,302 items

F

Fintech

7,985 items

US-based companies

A

Advanced Manufacturing

2,736 items

Companies focused on the technologies to increase manufacturing productivity, ranging from automation & robotics to AR/VR to factory analytics & AI, plus many more.

S

Store tech (In-store retail tech)

301 items

This collection looks at the tech-enabled companies helping brands and retailers promote their products and compel customers to buy.

Research containing SAS

Get data-driven expert analysis from the CB Insights Intelligence Unit.

CB Insights Intelligence Analysts have mentioned SAS in 2 CB Insights research briefs, most recently on Mar 31, 2023.

Latest SAS News

SAS accelerates responsible innovation efforts with new collaborations and a focus on trustworthy AI

May 22, 2023

Novel ethical AI health lab and expansion of data ethics team highlight investments Press Release Dubai, UAE – The world has seen unprecedented artificial intelligence (AI) advances since AI and analytics company SAS launched its responsible innovation efforts one year ago. Amid this rapid disruption, SAS has increased efforts to bring trustworthy AI to customers, including a first-of-its-kind ethical AI health care lab in the Netherlands. SAS also expanded its Data Ethics Practice by integrating its successful Data for Good program, allowing the company to consider not just the risks of AI but also its potential to improve the world. Ethical health care partnership sparks innovative AI health care lab As part of its commitment to responsible innovation, SAS partners with organizations globally to explore ways to implement ethical AI within industries. A recent example is a SAS collaboration with two Dutch organizations: Erasmus University Medical Center (Erasmus MC), one of Europe’s leading academic hospitals; and Delft University of Technology (TU Delft), home of the TU Delft Digital Ethics Centre. The three organizations jointly launched the first Responsible and Ethical AI in Healthcare Lab (REAHL). The REAHL aims to address the ethical concerns and challenges related to developing and implementing AI technologies in health care. With the rapid advancements in AI, there is a need to ensure that these technologies are designed and used in a safe, transparent and ethical way. The REAHL brings together multidisciplinary teams of experts in AI, medicine and ethics with policymakers to collaborate on developing and implementing AI technologies that prioritize patient safety, privacy and autonomy. This includes ensuring that AI systems are unbiased, transparent and accountable, and used in ways that respect patients’ rights and values. The REAHL seeks to create a framework for ethical AI in health care that will serve as a model for medical centers and regions around the world. The REAHL was just named an official lab by the Netherlands’ National Innovation Center for Artificial Intelligence (ICAI). An ICAI lab is a research collaboration between industrial, governmental or not-for-profit partners and knowledge institutes. ICAI labs must meet requirements for data, expertise and capacity, and have the expectation that outcomes will be operationalized in the real world. “Together, we are not only building AI technologies, but also shaping the future of health care with a steadfast commitment to upholding ethical principles and prioritizing the well-being of patients in every innovation,” said Assistant Professor Michel van Genderen, MD PhD, Attending Intensivist and Initiator and Co-Founder of Datahub at Erasmus MC in Rotterdam. “With our pioneering work in establishing the first ethical AI lab in health care, we pave the way for a new era of patient care, where the deployment of AI technology is governed by transparency, safety and equity as fundamental pillars.” Dr. van Genderen joined Reggie Townsend, Vice President of the SAS Data Ethics Practice, on the SAS Innovate main stage during the opening session in Orlando, Florida. SAS is also a founding member of the Coalition for Health AI (CHAI), a community of academic health systems, organizations, and expert practitioners of AI and data science. CHAI recently released a blueprint for trustworthy AI for health care, a result of coordination led by CHAI and the National Academy of Medicine with AI experts from academic medical centers and health care, technology and other industry sectors. In addition, SAS and fellow CHAI member Duke Health, a world-renowned academic medical center, recently announced they will explore innovative and collaborative health care solutions with data and analytics. Also, learn more about how SAS and Microsoft have partnered with Erasmus MC to develop, implement and monitor data-driven applications across the entire hospital to improve patient care and capacity and to optimize the use of operating rooms, intensive care units and bed capacity. Expanded SAS Data Ethics Practice to explore promise of AI The explosion of generative AI in the form of ChatGPT, Google Bard and others has taken to new levels the fierce debate around AI in society. To explore positive AI applications, SAS recently expanded the Data Ethics Practice by integrating the company’s Data for Good team. “With the swift advancement of AI, we must remain diligent in keeping humans at the center of everything we do,” said Townsend. “But it’s not just protecting the vulnerable, it’s seeking out opportunities to use AI to make peoples’ lives better.” The SAS Data for Good team will seek out opportunities to partner with organizations to apply AI to causes that improve society. For instance, the team has previously collaborated with nonprofits to fight rainforest destruction in Brazil and explore housing discrimination in New York City. Additionally, announced today, SAS will work with the UNC Center for Galapagos Studies to apply crowd-driven AI and machine learning to help protect endangered sea turtles. Townsend led audience-driven roundtable discussions on “Navigating the Ethical Minefield: Building Responsible and Trustworthy AI for the Future” at the SAS Innovate. Putting responsible innovation into practice inside and outside SAS Some of the many responsible innovation activities at SAS in the past year include: The company continues to innovate and improve SAS® Viya®, the company’s flagship trustworthy AI platform. SAS Viya includes trustworthy AI capabilities like bias detection, explainability, decision auditability, model monitoring, governance and accountability, increasing confidence in government agencies’ responsible AI efforts. The Data Ethics Practice has fulfilled more than 200 requests for counsel on responsible innovation questions from around the company. SAS launched internal training for responsible innovation that teaches data analytics practitioners what it means to innovate responsibly. Attendees learn the principles of responsible innovation and how SAS software helps enable analysts to provide a duty of care in working with data. The training will be offered externally later this year. At its world headquarters in Cary, NC, SAS hosted a meeting of the National Artificial Intelligence Advisory Committee, on which Townsend serves. He also serves on the board of EqualAI. SAS contributed to the Business Roundtable’s Roadmap for Responsible Artificial Intelligence, which guides American businesses, policymakers and regulators on their shared journey toward responsible AI. Today’s announcement was made at SAS Innovate, the AI and analytics business conference from analytics leader SAS. To keep up with the latest news from SAS, follow @SASsoftwareNews on Twitter. SAS is the leader in analytics. Through innovative software and services, SAS empowers and inspires customers around the world to transform data into intelligence. SAS gives you THE POWER TO KNOW®. SAS and all other SAS Institute Inc. product or service names are registered trademarks or trademarks of SAS Institute Inc. in the USA and other countries. ® indicates USA registration. Other brand and product names are trademarks of their respective companies. Copyright © 2023 SAS Institute Inc. All rights reserved.

SAS Investments

2 Investments

SAS has made 2 investments. Their latest investment was in Combient MIX as part of their Corporate Minority on July 7, 2019.

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SAS Investments Activity

investments chart

Date

Round

Company

Amount

New?

Co-Investors

Sources

7/10/2019

Corporate Minority

Combient MIX

$2.75M

Yes

SAS, and SEB

1

2/16/2000

Unattributed VC

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$99M

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0

Date

7/10/2019

2/16/2000

Round

Corporate Minority

Unattributed VC

Company

Combient MIX

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Amount

$2.75M

$99M

New?

Yes

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Co-Investors

SAS, and SEB

Sources

1

0

SAS Portfolio Exits

1 Portfolio Exit

SAS has 1 portfolio exit. Their latest portfolio exit was CarClub.com on July 13, 2001.

Date

Exit

Companies

Valuation
Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model.

Acquirer

Sources

7/13/2001

Acquired

$99M

Date

7/13/2001

Exit

Acquired

Companies

Valuation

$99M

Acquirer

Sources

SAS Acquisitions

12 Acquisitions

SAS acquired 12 companies. Their latest acquisition was Kamakura on June 27, 2022.

Date

Investment Stage

Companies

Valuation
Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model.

Total Funding

Note

Sources

6/27/2022

$99M

Acquired

4

1/7/2021

$99M

Acquired

8

11/28/2012

Series D

$99M

$32.5M

Acquired

1

2/22/2012

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$99M

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0

2/27/2011

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$99M

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0

Date

6/27/2022

1/7/2021

11/28/2012

2/22/2012

2/27/2011

Investment Stage

Series D

Companies

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Valuation

$99M

$99M

$99M

$99M

$99M

Total Funding

$32.5M

Note

Acquired

Acquired

Acquired

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Sources

4

8

1

0

0

SAS Partners & Customers

10 Partners and customers

SAS has 10 strategic partners and customers. SAS recently partnered with Duke Health on April 4, 2023.

Date

Type

Business Partner

Country

News Snippet

Sources

4/11/2023

Partner

United States

11:30 EDT SAS & Duke Health announce intended collaboration to build the AI-driven digital health care system of the future

Duke Health 's innovative whole-person care model matches SAS Institute Inc. ' industry-leading expertise in the integration of clinical , claims , genomic and social data .

5

2/21/2023

Client

Taiwan

AUO : SAS Partners with AUO to Build Strategic Alliance for Strengthening Local Green Energy Supply Chain

To seize the immense possibilities of the global Net Zero pledges as well as the renewable energy policy launched by Taiwan government , SAS and AUO have joined hands to enter into a long-term cell supply agreement .

2

2/21/2023

Partner

Denmark

DSV partners with SAS

The partnership between DSV and SAS leads the way with the aim to inspire other companies to join .

2

1/26/2023

Licensor

Austria

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10

1/11/2023

Vendor

Ireland

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10

Date

4/11/2023

2/21/2023

2/21/2023

1/26/2023

1/11/2023

Type

Partner

Client

Partner

Licensor

Vendor

Business Partner

Country

United States

Taiwan

Denmark

Austria

Ireland

News Snippet

11:30 EDT SAS & Duke Health announce intended collaboration to build the AI-driven digital health care system of the future

Duke Health 's innovative whole-person care model matches SAS Institute Inc. ' industry-leading expertise in the integration of clinical , claims , genomic and social data .

AUO : SAS Partners with AUO to Build Strategic Alliance for Strengthening Local Green Energy Supply Chain

To seize the immense possibilities of the global Net Zero pledges as well as the renewable energy policy launched by Taiwan government , SAS and AUO have joined hands to enter into a long-term cell supply agreement .

DSV partners with SAS

The partnership between DSV and SAS leads the way with the aim to inspire other companies to join .

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Sources

5

2

2

10

10

SAS Team

49 Team Members

SAS has 49 team members, including , .

Name

Work History

Title

Status

George Abraham

Founder

Current

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Name

George Abraham

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Work History

Title

Founder

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Status

Current

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