SaaS Weekly Roundup #48
Stay updated on the latest funding, as well as insights on SaaS.
Latest SaaS Funding News
FintechOS Secures $60 Million in Series B+ Funding
Financial product management platform FintechOS has closed a $60 million Series B+ funding round led by Molten Ventures, Cipio Partners, and BlackRock. The investment empowers the company to accelerate global expansion, making core modernization more accessible to the financial services industry.
![FintechOS logo](https://www.spotsaas.com/blog/wp-content/uploads/2024/05/fintechOS-1024x576.png)
Product Fruits Raises $1.6 Million
AI-powered client onboarding platform Product Fruits has successfully raised a second $1.6 million in funding led by Reflex Capital in less than a year. In addition to funding AI development, the company plans to use this latest investment to expand its team by at least ten people.
![Product Fruits logo](https://www.spotsaas.com/blog/wp-content/uploads/2024/06/logo-1024x576.png)
ZeFi Secures $1.7 Million in Pre-seed Funding
AI-powered feedback analytics platform ZeFi has raised €1.6 million (~ $1.7 million) in a pre-seed fund round led by 360 Capital and 14Peaks Capital. The startup plans to use the funding to attract the best tech talent across Europe and provide its customers with a product of unparalleled excellence.
![Zefi AI logo](https://www.spotsaas.com/blog/wp-content/uploads/2024/06/zefi-1024x576.png)
Kintsugi Secures a $6 Million Series A Funding Round
Kintsugi, a sales tax compliance software, has secured $6 million in Series A funding at around $40 million valuation led by Link Ventures. The company plans to use the investment to expand its presence into Canada, the UK, and the rest of Europe.
![Kintsugi logo](https://www.spotsaas.com/blog/wp-content/uploads/2024/06/Ban-sao-cua-hot-news-9-1024x576.png)
StructureFlow Raises $6 Million in Series A Funding
Data visualization platform StructureFlow has closed a $6 million Series A funding round led by FINTOP Capital, bringing its total funding to $15 million. The investment will empower StructureFlow to leverage AI further to accelerate its product development and grow its international presence.
![SaaS StructureFlow logo](https://www.spotsaas.com/blog/wp-content/uploads/2024/06/imge-1024x576.png)
EthonAI Secures $16.5 Million in Series A Funding
Manufacturing analytics system EthonAI has raised CHF 15 million (~ $16.5 million) in Series A funding led by Index Ventures. The funding will enable the company to accelerate its enterprise expansion and enhance its AI capabilities.
![EthonAI LOGO](https://www.spotsaas.com/blog/wp-content/uploads/2024/06/ethonai-1024x576.png)
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Founder and CEO of SaaStr Jason Lemkin shared valuable insights into the common mistakes founders make in their go-to-market (GTM) strategies. Also, he provides tips and tricks to overcome these challenges and achieve success.
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Must-Read
Saas Startup Funding Falls
Interest in SaaS has cooled recently, despite a slight rebound in overall U.S. venture funding. So far in 2024, SaaS and enterprise software companies have raised $4.7 billion, well below last year’s $17.4 billion, which was the lowest in years, according to Crunchbase.
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