The SaaS Weekend Report delivers the present-day industry news through its coverage of SaaS investment rounds together with other essential SaaS news. The SaaS Weekly Roundup highlights how software-as-a-service entities gain fresh investments to develop innovative cloud tools that will define the future of this sector.
Latest SaaS Weekly Roundup Funding News
Here we provide some SaaS Weekly Roundup Funding News List.
| Product Name | Category | Funding Type | Funding Amount |
|---|---|---|---|
| Field Materials | Construction Procurement (AI) | Series A | $10.5M |
| Swivel | Ad Ops / Workflow Automation (AI) | Series A | $5.8M |
| Pistachio | Cybersecurity Awareness Training (AI) | Series A | $7M |
| Doppel | Social Engineering Defense (AI) | Series B | $35M |
| Windfall | People Intelligence / Workflow Automation (AI) | Series B | $65M |
| Supio | LegalTech (AI for Law Firms) | Series B | $60M |
| Plenful | Healthcare Workflow Automation (AI) | Series B | $50M |
| Cast AI | Kubernetes Automation (AI) | Series C | $108M |
| Canopy | Accounting Practice Management (AI) | Series C | $70M |
| Cloud Retail | E-commerce Platform (AI) | Seed | £2.4M |
Field Materials Secures $10.5 Million in Series A Funding
Field Materials, based in Charlotte, NC, has secured $10.5 million in Series A funding. This AI-driven platform helps construction teams streamline the purchase of materials and equipment. It aims to cut down on delays, reduce paperwork, and make procurement faster and easier. The funding will help them grow their team, improve technology, and expand their reach. It’s a big step forward for simplifying how construction jobs get the tools they need.
Swivel Secures $5.8 Million in Series A Funding
Swivel, formerly known as PilotDesk, is a New York-based no-code AI platform designed to automate ad operations and account management tasks. It recently raised $5.8 million in Series A funding. The platform helps teams save time by streamlining repetitive workflows without needing to write code. This funding will boost product development and expand customer support. It’s a smart step toward making ad management smoother and more efficient for marketing teams.
Pistachio Secures $7 Million in Series A Funding
Pistachio, an Oslo-based cybersecurity startup, has raised $7 million in Series A funding to expand its AI-driven training platform. The round was led by Walter Ventures, with participation from Idékapital, Angel Invest, MP Pensjon, and J12 Ventures. Pistachio’s platform delivers personalized, automated cybersecurity awareness training through channels like email, Slack, and Microsoft Teams, adapting to individual user behavior to enhance threat recognition and response skills. With over 600 companies across 99 countries already using its services, the company plans to use the new funds to accelerate its expansion in Europe and North America, including opening a new office in Valencia.
Doppel Secures $35 Million in Series B Funding
Doppel, a San Francisco-based AI-driven social engineering defense platform, has raised $35 million in Series B funding, bringing its valuation to $205 million. Led by Bessemer Venture Partners, the round included investors like a16z and Strategic Cyber Ventures. Doppel’s platform, Doppel Vision, uses AI and human analysis to fight phishing, impersonation, and disinformation. The funds will help enhance its products, grow its customer base, and deepen its collaboration with OpenAI. This move strengthens Doppel’s role in combating online threats across digital platforms.
Windfall Secures $65 Million in Series B Funding
Windfall, a San Francisco-based provider of people intelligence and AI-powered workflow solutions, has raised $65 million in Series B funding led by Morgan Stanley Expansion Capital. The investment will support product development, sales expansion, and deeper AI innovation. Windfall’s platform helps over 1,000 organizations—including nonprofits, financial services, and retail—leverage accurate data and predictive modeling to enhance go-to-market strategies. The company integrates with platforms like Salesforce and Snowflake to deliver real-time insights and workflow automation.
Supio Secures $60 Million in Series B
Supio, a Seattle-based legaltech company, has secured $60 million in Series B funding to advance its AI platform tailored for personal injury and mass tort law firms. The funding round was led by Sapphire Ventures, with participation from Mayfield and Thomson Reuters Ventures, bringing Supio’s total funding to $91 million. Supio’s platform combines specialized legal AI with human expert verification to help law firms streamline document analysis, improve case preparation, and achieve better outcomes for their clients.
Plenful Secures $50 Million in Series B
Plenful, a San Francisco-based AI-powered healthcare workflow automation platform, raised $50 million in Series B funding, co-led by Arena Holdings and Mitchell Rales. This brings its total funding to $76 million, with backing from investors like Notable Capital and Bessemer Venture Partners. The platform automates tasks like prior authorizations and compliance reporting, saving time and costs for clients such as Samaritan Health and Renown Health. With this funding, Plenful aims to expand into pharmacy, provider, and payor markets. The company will also invest in AI development and team growth.
Cast AI Secures $108 Million in Series C
Cast AI, a Miami-based technology company specializing in Kubernetes automation, has raised $108 million in Series C funding, elevating its valuation to $850 million. The round was led by G2 Venture Partners and SoftBank Vision Fund 2, with participation from Aglaé Ventures and existing investors. Cast AI’s platform automates cloud infrastructure management, optimizing resource utilization and reducing costs for over 2,100 global clients, including Akamai, BMW, FICO, and Hugging Face. The new funding will support the expansion of its Application Performance Automation platform, global operations, and talent acquisition.
Canopy Secures $70 Million in Series C
Canopy, a South Jordan, Utah-based accounting practice management software company, has secured $70 million in Series C funding to enhance its AI-driven platform. The round was led by Viking Global Investors, with continued support from existing backers Ten Coves Capital, Ankona Capital, Pelion Venture Partners, and Tenaya Capital. This investment follows a $35 million raise in May 2024 and aims to accelerate the automation of administrative tasks for medium and large accounting firms, such as document handling and invoicing.
Cloud Retail Secures £2.4 Million in Seed Round
Cloud Retail, a London-based e-commerce software company formerly known as Jiffy, raised £2.4 million in seed funding to expand its AI-driven platform. The round was led by Somersault Ventures with support from other investors like AltaIR Capital and Smart Partnership Capital. The company, which shifted from quick-commerce to a comprehensive retail management platform in 2022, enables retailers to launch and manage online businesses efficiently. Its AI tools reduce setup time from months to just one week. The platform serves industries such as electronics, beauty, fashion, and pharmaceuticals.
Read More: SaaS Weekly Roundup #13 – SaaS Funding Highlights for Gestalt, LayerX and More.
