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SaaS Weekly Roundup #47 – SaaS Funding

SaaS Weekly Roundup

Stay updated the lates news: DeepL rasies $300 million; Rows secures $9 million funding;…

Latest SaaS Funding News

DeepL Secures additional $300 Million at $2 Billion Valuation

DeepL, offering AI translator and writing tools, has secured an additional $300 million led by Index Ventures and hit a $2 billion valuation. This capital will support expanded sales and marketing efforts, as well as research and development.

DeepL logo

Nory Raises $16 Million in Series A Funding

Nory, offering an AI-powered operating system for hospitality businesses, has raised $16 million in Series A funding, with Accel leading the round. This funding will be used to accelerate its product development and international expansion.

Nory logo

QA.tech Secures $3.2 Million in Seed Funding Round

AI-based software testing platform QA.tech has secured an additional €3 million (~$3.2 million) in seed funding led by PROfounders. The startup plans to used this investment to develop its product and expand its team.

QA.tech logo

Lumos Secures $35 Million in Series B Funding

Lumos (IAM software) has announced a $35 million Series B funding round led by Scale Venture Partners. This funding will empower the company to expand its app and identity platform.

Lumos logo

Also read Top 5 IAM Tools

Userfront Raises $5.3 million in seed funding

Userfront, an authentication and identity platform for SaaS companies, has raised $5.3 million in seed funding round. Its offering is now available.

Userfront logo

Rows Raises $9 Million

Spreadsheet software Rows has raised €8 million (~$9 million) in a funding round led by Indico Capital Partners. The funding will be used to develop its AI features and strengthen its presence in key markets.

Rows logo

Listen to the Podcast

How investors analyse SaaS businesses

Cameron Hay, co-founder of Finomatic Consulting and an expert in supporting private equity-backed SaaS firms, joins host Joran Hofman to discuss how investors evaluate SaaS businesses.

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Rajat Gupta

Rajat Gupta

Rajat, a CFA and seasoned SpotSaaS writer, thrives at the intersection of technology and finance. Drawing from his expertise in marketing and product management, he helps users navigate the complex software landscape to find solutions that align with their business goals. By blending his deep understanding of financial decision-making with a passion for emerging technologies, Rajat crafts insightful content that empowers businesses to choose software that drives growth, efficiency, and innovation. His work bridges the gap between technical possibilities and practical business needs, making software selection a strategic advantage for his audience.

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