Stay updated on the latest news on SaaS: Storyblok secures $80 million in Series C funding; Carv raises $10 million in seed round;…
Latest SaaS Funding News
Storyblok Secures $80 Million in Series C Funding
Storyblok, a headless content management system, has secured $80 million in Series C funding led by Brighton Park Capital. The investment will boost its expansion in the US and Europe, allowing the company to achieve its goal of developing the first end-to-end content platform, powered by AI and automation.
Carv Raises $10 Million in Seed Funding
AI-powered recruitment platform Carv has raised a $10 million seed funding round. The round included investments from Global Founders Capital (GFC) and several independent angel investors. This funding will enable the company to accelerate its growth and enhance its platform to cover more aspects of the recruitment life cycle.
Testsigma Secures $8.2 Million
Testsigma, an AI-powered, low-code test automation software, announced a $8.2 million funding led by MassMutual Ventures and a launch of a product designed for the Salesforce ecosystem.
Overcast HQ Raises $1.2 Million
Overcast HQ, a full-stack video management, has secured a $1.2 million bridging round. This funding will be used to expand the team and continue product development as the company grows its global client base.
Qargo Raises $14 Million in Series A Funding
Qargo, a transport management system, has raised £11 million (~$14 million) in Series A funding led by Balderton Capital. The new funding will be used to expand into new markets, enhance product development, and strengthen the engineering team to support its rapidly growing customer base.
Sloyd Secures $3.2 Million in Seed Funding
3D game design software Sloyd has raised a €3 Million (~$3.2 Million) in a seed round. a16z, Antler, Skyfall participated in this round. The round included a strategic investment from Autodesk.
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Which new SAAS should we build?
Simon Høiberg, an entrepreneur building a portfolio of bootstrapped SaaS products (Aidbase, FeedHive, LinkDrip), and Kyle Prinsloo, Founder of ClientManager.io (client onboarding & management tool) share 6 SaaS ideas worth trying in 2024.
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Must-Read
Is SaaS Dead?
Too much SAAS software is being sold
Nearly a third of spending by SaaS (Software as a Service) companies may be under-utilized or wasted due to an excess of software being sold, according to Zoho co-founder and CEO Sridhar Vembu. He highlighted this issue during his keynote speech at the company’s tech conclave, Zoholics.
