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 |
|---|---|---|---|
| Wisdom | AI-powered Dental RCM | Series A | $21M (Total $28M) |
| Develop Health | HealthTech (GenAI & BERT for insurance verification) | Series A | $14.3M |
| OneCrew | ConstructionTech (Paving contractors software) | Series A | $7.5M |
| Casca | FinTech (AI-native loan origination) | Series A | $29M (Total $33M) |
| TeamLinkt | SportsTech (Sports management software) | Series A | $6M+ |
| Drivepoint | FinTech (AI-driven strategic finance) | Series A | $7M (Total $9M+) |
| Jump | SportsTech (Unified fan engagement platform) | Series A | $23M |
| Arintra | HealthTech (GenAI medical coding) | Series A | $21M |
| Evertune | MarTech (Generative Engine Optimization & AI marketing) | Series A | $15M |
| Impactive AI | AI demand forecasting | Series A | KRW 8.2B |
| Certivity | RegTech (Regulatory compliance software) | Series A | €13.3M |
| Upstage | AI (Enterprise Generative AI solutions) | Series B Bridge | $45M |
| Seemplicity | Cybersecurity (Exposure action platform) | Series B | $50M |
| Functionize | AI-powered software testing | Series B | $41M |
| Keychain | AI-powered CPG manufacturing | Series B | $30M (Total $68M) |
| Inclined Technologies | FinTech (Life insurance lending solutions) | Series B | $8M |
| Bumper | Automotive payments SaaS | Series B Extension | £8M (Total £20M) |
| Goals | FoodTech (AI food service tools) | Pre-Series B | ¥1.33B |
| Topline Pro | Home Services AI platform | Series B | $27M |
| Plancraft | Construction SaaS | Series B | €38M (Total €50M+) |
| 1Kosmos | Identity verification & passwordless auth | Series B | $57M (Total $72M+) |
| GoodShip | Freight orchestration platform | Series B | $25M (Total $40M+) |
| Squint | Manufacturing intelligence | Series B | $40M (Total $59M+) |
| Ontic | Security intelligence | Series C | $230M |
| Overhaul | Supply chain risk management | Series C | $105M |
| BinSentry | AgriTech (AI-powered feed supply chain) | Series C | $50M |
| FieldPulse | Field service management software | Series C | $50M |
| EliseAI | AI automation (Healthcare & Housing) | Series E | $250M |
| Definite | AI-native full-stack data platform | Seed | $10M |
| BetterPic | AI Imaging | Seed | $2.5M |
| ChatBlu | AI communication solutions | Pre-Seed | $500K |
| Convoke | Biopharma AI OS | Seed | $8.6M |
Wisdom Secures $21 Million in Series A Funding
Wisdom, a dental RCM powered by AI based in New York, has raised $ 21 million in Series A finance. This raise gives it a total amount of funding of $28 million. The platform deals with assisting dental practices automate invoicing, collection, and financial operations with the help of AI. The funding will assist in product development and increase in the dental RCM area.
Develop Health Secures $14.3M in Series A Funding
Develop Health, a San Francisco healthtech company, has raised 14.3M in Series A to further develop its GenAI- and BERT- powered platform to verify benefits and prior authorization faster. This minimizes the processing time by weeks to minutes because it manages to integrate the electronic health records. The company was founded by Mel van Londen and Benjamin Easton and the goal behind its formation is to reduce delays in patient care. The investments will enable larger benefits of medical coverage, and a closer relationship with the payers and providers.
OneCrew Secures $7.5 Million in Series A Funding
OneCrew, a software company in paving contractors based out of San Francisco, closed an oversubscribed $7.5M Series A led by Stage 2 Capital. The web application substitutes that with something more modern: estimating, bidding, crew management and cost tracking tools. It is the brainchild of Ari Bleemer and has already increased the efficiency of a contractor and their respective revenues. The investment will propel its workforce, product development, and release of its subcontractor and enterprise products.
Casca Secures $29 Million in Series A Funding
Casca, a San Francisco based, AI-native loan origination platform has raised 29M in series A funding, totaling 33M. Using AI, the platform facilitates the modernisation and automation of the loan origination process. This capital will assist it increase its technological and market coverage. Casca works to make the lending more fast, intelligent, and efficient to the financial institutions.
TeamLinkt Secures Over $6 Million in Series A Funding
Saskatoon sports management software firm TeeMeeLinkt has pulled in more than 6M CDN in Series A funding. The platform aids sports organizations to schedule, communicate and handle administrative tasks conveniently. The funding will enable product-extension and expansion to additional teams. TeamLinkt is to make sports management easier by the leagues, clubs, and associations.
Drivepoint Secures $7 Million in Series A Funding
Drivepoint is a Boston based AI-driven strategic finance platform that enables consumer brands to transform the CFO suite. Drivepoint has raised $7M in a Series A financing round, bringing its total funding to over $9M. The platform assists brands to make wiser financial decisions by using AI-based insights. This investment will lead to the development of products and customer expansion. Drivepoint works towards automating the financeefunction of consumer-oriented businesses.
Jump Secures $23 Million in Series A Funding
Jump, a unified fan experience platform available to the professional sports teams, has announced a Series A funding of 23M. The platform is devoted to increasing the fan engagement by means of smooth digital interaction. Such funding will be used to grow its technologies and collaboration with the key sports organizations. Jump is a platform that serves to change the way in which teams relate with fans.
Arintra Secures $21 Million in Series A Funding
GenAI-native autonomous medical coding platform Arintra located in Austin, TX has raised a Series A funding of 21 million dollars. The solution assists healthcare practitioners to automate medical coding using Artificial intelligence. This will be used to support its expansion, product development and expansion in the healthcare sector. Rintra is expected to save administrators and make work more efficient.
Evertune Secures $15 Million in Series A Funding
Everturne, an artificial intelligences marketing platform and generative engine optimizer that is based in New York, has scored a $15 million Series A. The platform is aimed at assisting business in enhancing their marketing efforts through AI-driven actions. Through this investment, Evertune hopes to increase its technology and market presence. The aim is to furnish companies with more intelligent tools that can make campaigns more effective in terms of growth.
Impactive AI Raises KRW 8.2 Billion Series A Funding
Impactive AI is a Korea-based provider of AI-based demand forecasting solutions like Patic AI, has raised KRW 8.2 billion in Series A financing. The company applies the artificial intelligence and assists the businesses forecast demand better and make more intelligent decisions. This money will help it to extend its products and customer base. The investment helps realize this purpose, to enhance efficiency and growth of businesses across industries.
Certivity Secures €13.3 Million in Series A Funding
RegTech software solutions provider Certivity has raised a Series A of 13.3 million euro. The company develops products which aid businesses to comply and manage with complicated regulatory issues thus they are developed in a manner which helps the business people handle these regulatory procedures more easily. The finance will aid in product invention and expansion to the international markets. Certainty is all about simplifying regulated processes and increasing confidence in the regulated industries.
Upstage Secures $45 Million in Series B Funding
Upstage a San Jose, CA-based AI company and provider of enterprise generative AI solutions has secured a new bag of Series B bridge funding totaling 45 million dollars. Its products are AI-based tools that assist companies to become more productive and automate their operations. The new investment will facilitate growth of operations and increased enterprise solutions. Upstage is focused on accelerating the use of generative AI across the industries.
Seemplicity Secures $50 Million in Series B Funding
Exposure action platform, Seemplicity of Palo Alto, California that raises $50 million in a Series B funding round. The company assists organizations to simplify and automate reduction of security risks workflows. Using this financing, Seemplicity will ramp up and further expand platform capabilities. The investment is an indicator of an increased demand in smarter cybersecurity solutions.
Functionize Secures $41 Million in Series B Funding
San Francisco, CA-based AI-powered platform of intelligent software test case creation, Functionize, has closed $41 million in Series B funding round. The platform implements AI to automate and optimize software testing, as well as saving time and effort spent by development teams. The new capital funds will be used in product development and business growth. Such financing points to an increase in the popularity of AI-based testing in contemporary software engineering.
Keychain Secures $30 Million in Series B Funding
New York-based Keychain, an AI-powered platform that streamlines the process of manufacturing consumer-packaged goods (CPG), has gained $30 million in Series B funding, making the total amount raised to date be $68 million. The platform assists CPG companies in automating production and supply chain procedures with the help of AI. The new capital will be used in the product development and market expansion. This investment underlines the increasing need in AI-powered manufacturing solutions in the CPG segment.
Inclined Secures $8 Million in Series B Funding
Inclined Technologies, a Sausalito, CA based financial technology firm, has closed a Series B funding round of 8 million dollars. The company specializes in the transformation of whole life insurance so that the policyholders will have access to superior lending solutions. The finance will aid in the scale of its platform and augment its ties with financial institutions. The investment points to the emanation of rising innovation in life insurance and fintech.
Bumper Raises £8 Million in Series B Funding
Bumper, a Sheffield, UK-based automotive payments and SaaS platform has raised an extra 8 million in its Series B extension, bringing the overall fundraising to 20 million. The platform allows the customers to divide the costs of repairing and maintaining their cars into interest free installments. Through the new financing, Bumper will scale its service to more dealerships and garages in Europe. This investment is an indication of the increasing need of flexible copayment options in the automotive industry.
Goals Secures ¥1.33B in Pre-Series B Funding
Artificial Intelligence Tokyo, Japan-based Goals, the company that provides food service support tools based on AI, has completed funding of 1.33 billion yen as pre-Series B. The company creates restaurant software to enhance the efficiency and customer experience of the restaurants through AI. Goals will increase the market share and improve on its products with the new capital. Investment casts light on increasing functions of AI in changing the food service industry.
Topline Pro Secures $27 Million in Series B Funding
Topline Pro, a New York-based AI-driven platform that manages home service professionals, announced the closing of a Series B round of funding of $27 million. The platform assists contractors and service providers to develop strong online presence and thus access more customers. The new investment will enable the firm to increase its services and cover professionals in the industry. The investment is a sign of the increased demand of AI-enabled tools in the home services companies.
Plancraft Secures €38 Million in Series B Funding
Plancarft an Hamburg-based SaaS company Lancraft which deals with the construction industry has secured Series B funding of 38 million Euros bringing their total funds raised to be in excess of 50 million Euros. The platform has digital tools that make project management, documentation, and workflow easier to construction business. Such investment will assist the company to enable it to scale its product offering and enter new markets. The financing underlines the increasing interest in digital solutions in the construction sector.
1Kosmos Secures $57 Million in Series B Funding
1Kosmos, an Iselin, NJ based identity verification and passwordless authentication platform has secured a Series B financing of $57 million, taking the total beyond $72 million. The platform improves security by the performance of identity proofing without using the traditional passwords. The amount will be used to fund growth, expansion to customers and product development. This illustrates the increasing need of digital identity using security.
GoodShip Secures $25 Million in Series B Funding
GoodShip, a Bellevue, WA, freight orchestration and procurement Platform has raised is B round of $25 million to bring its total funding to over $40 million. The platform assists shippers with streamlining of the procurement and optimization of operations in their freight. This investment will help GoodShip to scale its services and increase the number of its customers. The investment is an indicator of the increased demand toward making freight management less dumb.
Squint Secures $40 Million in Series B Funding
Squint, a manufacturing intelligence platform out of San Francisco, CA has raised $40 million in Series B funding, bringing their current total to over $59 million. The platform increases manufacturing efficiency, training, and knowledge share using AI. The capital will finance the product development and the growth of the business. This financing shows the increased demand in digitalizing the manufacturing industry.
Ontic Secures $230 Million in Series C Funding
Ontic, an Austin, Texas-based connected security intelligence platform, has closed a $230 million Series C funding round. The platform assists organizations to spot, evaluate, and take care of potential threats in real time. This will be invested in innovation of new products, and expansion across the globe. The funding is indicative of the rising needs of sophisticated security intelligence products.
Overhaul Secures $105 Million in Series C Funding
Overhaul, an Austin, TX-based supply chain risk management platform, has raised $105 million in Series C funding. The platform provides real-time visibility and risk monitoring to secure global supply chains. This funding will support product development, customer growth, and global reach. It highlights the increasing need for advanced supply chain security solutions.
BinSentry Secures $50 Million in Series C Funding
It has closed a Series C round of $50 million, BinSentry, a Kitchener, Canada-based company that offers an AI-powered feed supply chain platform. The company assists the feed producers and farmers to enhance their productivity through smart sensors and information. The financing will assist in the product innovation, growing customer base and entering into a global market. This underscores the increased demand of technology driven solutions in agriculture.
FieldPulse Raises $50 Million Series C Funding
FieldPulse, a Dallas, TX-based field service management software provider, has raised $50 million in Series C funding. The platform helps contractors and service businesses manage scheduling, invoicing, and customer communications. The funding will be used to accelerate product development, expand its customer base, and scale operations. This reflects strong demand for digital tools in the field service industry.
EliseAI Secures $250 Million in Series E Funding
New York Headquartered AI company, EliseAI has raised a Series E funding round valued at $250 million to extend its automation offerings. The company is involved in simplification of any complex processes in health care and housing with the help of modern AI technologies. The new financing is to facilitate product innovation, expansion in the market and scale up in operations. This demonstrates the increasing influence of AI in reshaping the key industries.
Definite Secures $10 Million in Seed Round Funding
Good News AI-native full-stack data platform Definite, headquartered in Wilmington, DE, has raised a $10 million seed funding round. The platform ensures business manages and analyzes data intelligently with AI efficiency. The capital will be utilized to speed up the product development process and increase the market base. The move is driven by the increased demand of data solutions powered using AI.
BetterPic Secures $2.5 Million in Seed Round Funding
BetterPic, a Belgian based AI company specialized in AI imaging has closed a seed round of 2.5 million. The company produces innovative imaging applications, which use artificial intelligence. This investment is an investment that will support product innovation and international expansion. It points to the sound growth in using AI-based image technologies.
ChatBlu Secures $500K Pre-Seed Funding
ChatBlu, an artificial intelligence startup based in London, UK has secured a pre-seed funding of 500,000. The company is specialized in developing AI-based solutions to improve communication and customer interaction. New funds will be employed to increase product development and in establishing its early market presence. This investment provides a significant milestone in the series of developing ChatBlu as an AI startup.
Convoke Secures $8.6 Million in Seed Round Funding
Convoke, an AI-native operating system developed in South San Francisco, CA has bagged seed investment worth 8.6 Million dollars. The platform will assist biopharma companies streamline the research, develop and decision-making based on AI-based insights. The new finance will be utilized in product innovation and expansion of the operations in line with the rising industry demands. This milestone reflects the position of Convoke in the revolutionization of the biopharma ecosystem using AI.
Read More: SaaS Weekly Roundup #28 – SaaS Funding Highlights for Ostra Security, Casap and More.
