Stay updated on the latest SaaS news: SaaS Pigment raises $145 million in Series D funding; Remote acquires Easop;…
SaaS Funding News
Scrut Automation Raises $10 Million in Funding
Scrut Automation, a security compliance platform for new-age businesses, has raised $10 million in funding. The investment comes from its current investors Lightspeed, MassMutual Ventures, and Endiya Partners.
The funding will be used to improve its platform. Additionally, the company intends to broaden its presence across both North America and Europe.
SiftHub Raises $5.5 Million in Seed Funding
SiftHub, an AI SaaS platform for sales, has raised $5.5 million in seed funding led by Matrix Partners India and Blume Ventures. The funding will empower the company to help sales and presales teams discover knowledge and generate responses to customer needs immediately.
SingleInterface Raises $30 Million in First External Fundraising Round
SingleInterface, a hyperlocal marketing-to-commerce software, has secured $30 million in its first-ever external fundraising round led by Asia Partners, with the participation of PayPal Ventures. The funding will power the company to expand its global presence and enhance its products.
Vodex Raises $2 Million in Seed Funding
Vodex, a Gen AI platform for outbound phone calls, has secured $2 million in seed funding from Unicorn India Ventures and Pentathlon Ventures. Vodex intends to utilize the funds for product development and expanding its global reach. The company aims to grow its business over the next year, with a focus on launching Vodex 3.0 version in the coming months.
Pigment Raises $145 Million in Series D Funding
Pigment, a business planning platform, has raised $145 million in a Series D funding round led by ICONIQ Growth. The funding will be used to drive innovation and promote the adoption of its planning platform. Additionally, the company intends to speed up its investments in generative AI to enhance decision-making and agility.
ikas Raises $20 Million in Series A Funding
ikas, a new-generation e-commerce platform, has secured $20 million in Series A funding led by the International Finance Corporation (IFC) of the World Bank and Re-Pie Asset Management. This funding will be used to accelerate its global expansion.
SaaS M&A
Remote Acquires Easop
Remote, a provider of a global HR platform, has acquired equity management software, Easop, aiming to automate equity compensation compliance for companies worldwide.
Aligned with their vision for simplified global employment, Remote and Easop’s integration enables Remote customers to extend equity offerings to team members regardless of location. This provides ambitious global companies with a significant advantage in attracting top talent worldwide by enhancing the attractiveness of their compensation packages.
Listen to the Podcast
Software without the subscription?
Jason Fried of 37Signals recently challenged the software subscription model, advocating for customers to buy and own software products, including the source code, with a one-time payment.
Watch SaaS Video
B2B vs B2C SaaS – Which Is More Profitable?
Must-Read
How Many SaaS Companies Are There? (2024)
As the demand for cloud computing grows, so does the SaaS market and the number of companies operating within it. This trend is expected to continue as businesses and consumers increasingly adopt cloud-based solutions, driving up SaaS spending and revenue.
Read more about our Blogs
