Stay updated on the latest news on SaaS: HERO Software closes $43.7 Million Series B funding round; epilot secures $10.8 million;…
Latest SaaS Funding News
HERO Software Closes $43.7 Million in Series B Funding
HERO Software, an operating platform for trade SMEs, has closed €40 million (~$43.7 million) in a Series B funding round led by Eight Roads Ventures. The company intends to use this funding to invest in its team and new talent, expand into new markets, and further enhance its SaaS offering.
Tracebit Secures $5 Million in Seed Funding
Tracebit, a cloud-based threat deception platform, has raised $5 million in a seed funding round led by Accel. The investment will empower the company to enhance its product development and expand its engineering team.
Soda Raises $14 Million Funding
Soda, an AI-enabled data quality platform, has raised a further $14 million from strategic partners and existing investors including Singular and Point Nine.
The additional funding will be used to build Soda’s global team further, significantly expanding its New York City headquarters with experienced go-to-market talent to drive growth in North America. The next step for Soda will focus on integrating AI into the workflow of data engineers, aiming to suggest and automate testing and observability for the data layer.
epilot Secures $10.8 Million in Funding
epilot, a cloud-based software powering the green energy transition, has secured €10 million (~$10.8 million) from Expedition Growth Capital. This funding will enable the company to significantly expand its team to develop new products and solutions for the platform and extend its AI capabilities.
kolum Raises $2.3 Million in Pre-seed Funding
Carbon pricing platform kolum has raised €2.1 million (~$2.3 million) in a pre-seed funding round led by FoodLabs. The investment will empower the company to accelerate its product development and support more businesses both within and outside the EU.
Listen to the Podcast
Fundraising During A Downturn, Advice for Hiring, and More
At SaaStr Europa 2024, Jason Lemkin, CEO and Founder of SaaStr addressed the audience’s most pressing questions, offering valuable insights and advice.
Watch SaaS Video
Must-Read
Top SaaS Industry Trends in 2024
Artificial intelligence is one of the top trends in the SaaS industry.
SaaS Trends Report Q1 2024
Vendr’s report analyzes new purchases, and renewals, and identify the leaders on the coveted SaaS leaderboard.
