HomeWeekly SaaS RoundupSaaS Weekly Roundup #02 – SaaS Funding Highlights for Self Inspection, fileAI...

SaaS Weekly Roundup #02 – SaaS Funding Highlights for Self Inspection, fileAI and More.

Stay up-to-date with the latest update in the SaaS industry as we bring you the SaaS Weekly Roundup, which includes but not limited to breaking news on recent SaaS funding rounds. Discover which software-as-a-service companies are securing new investments, driving innovation, and shaping the future of cloud-based solutions.

Latest SaaS Weekly Roundup Funding News

Here we provide some SaaS Weekly Roundup Funding News List.

Product Name Category Funding Type Funding Amount
Self-Inspection AI-driven vehicle inspection platform Seed $3M
fileAI AI-powered workflow automation Series A $14M
Edgecom Energy Energy management software Seed $2.5M
TrueFoundry AI deployment and scaling platform for machine learning Series A $19M
Qsic In-house audio platform for retail media Series B $25M
Monograph Performance management platform Series B+ $20M
Nextworld Enterprise software Series F $65M
Comstruct Procurement platform for construction materials Funding €12.5M
Largo.ai AI-powered analytics for film, TV, and advertising Series A $7.5M
Riot Employee-focused cyber-protection software platform Series B $30M

Self Inspection Secures $3M in Seed Round 

Self Inspection

Self Inspection, a company based in San Diego, CA, develops AI-driven vehicle inspection technology. They recently secured $3 million in seed funding to expand their platform. Their AI helps streamline vehicle inspections, making the process faster and more accurate. This funding will support further development and growth.

fileAI Secures $14 Million in Series A 

file AI

fileAI, a Singapore-based company, specializes in AI-powered workflow automation. They have raised $14 million in Series A funding to enhance their technology. Their solutions help businesses automate tasks and improve efficiency. This investment will support their growth and innovation.

Edgecom Energy Raises $2.5M in Seed Round 

Edgecom Energy

Edgecom Energy, a company from Toronto, Canada, develops software for energy management. They have secured $2.5 million in seed funding to expand their technology. Their platform helps businesses monitor and reduce energy usage. This funding will support their growth and innovation in the energy sector.

TrueFoundry Secures $19 Million in Series A 

Truefoundry

TrueFoundry, a San Francisco-based company, builds AI tools for deploying and scaling machine learning models. They have raised $19 million in Series A funding to enhance their platform. Their technology helps businesses run AI models more efficiently. This investment will support their growth and innovation in the AI space.

Qsic Secures $25 Million in Series B 

Qsic

Qsic, an Australia-based company, offers an in-house audio platform designed for retail media. They have secured $25 million in Series B funding to expand their services. Their technology helps businesses enhance in-store experiences with smart audio solutions. This funding will support further growth and innovation in retail media.

Monograph Secures $20 Million in Series B+ 

Monograph

Monograph is a performance management platform based in San Francisco that serves architecture and engineering firms. It provides specialized tools to help these firms manage projects and track their performance. The company recently secured $20 million in Series B+ funding, reflecting strong investor confidence. This new investment will drive further growth and innovation in the architecture and engineering sector.

Nextworld Secures $65 Million in Series F 

Nextworld

Nextworld, an enterprise software company based in Denver, Colorado, has secured $65 million in Series F funding. The investment was led by the McVaney Investment Partnership, highlighting strong market confidence. This significant funding will help Nextworld expand its operations and further develop its software solutions. It marks a major milestone in the company’s ongoing growth and innovation journey.

Comstruct Raises €12.5 Million in Funding 

Comstruct

Comstruct, based in Munich, Germany, is a procurement platform that specializes in sourcing construction materials. The company has secured €12.5 million in funding, reflecting strong investor confidence in its innovative approach. This investment will help streamline the purchasing process for construction firms. With these funds, Comstruct plans to enhance its services and expand its reach in the industry.

Largo.ai Secures $7.5 Million in Series A 

Largo.ai

Largo.ai, based in Lausanne, Switzerland, offers AI-powered analytics tailored for the film, TV, and advertising industries. The company has secured $7.5 million in Series A funding, reflecting strong investor confidence in its innovative approach. This new capital will enable Largo.ai to further develop its technology and expand its reach in the creative sectors. With this investment, the firm is well-positioned to become a key player in delivering data-driven insights for media and advertising.

Riot Secures $30 Million in Series B 

Riot

Riot, a New York-based platform focused on protecting employees from cyber threats, has recently secured $30 million in Series B funding. The company offers innovative software designed to safeguard workers and help organizations secure their digital environments. This new investment will enable Riot to further enhance its technology and extend its market reach. It marks a significant step forward in providing tailored cybersecurity solutions for modern workplaces.

Read More: How to Track Your Finances Using Free Financial Tracking Tools

Lakshmi
Lakshmihttps://appszeal.com
Lakshmi a content writer with a background in engineering combines technical expertise with creative writing skills to produce engaging and informative content on topics related to engineering principles, and softwares. Her unique blend of knowledge allows her to translate complex technical concepts into accessible content for various audiences.
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