SaaS Weekly Roundup #53 – Funding; M&A
Stay updated on the latest news on SaaS: One Data closes $34.9 million in series B extension round; Lemonado secures $1.4 million in seed funding;…
Latest SaaS Funding News
One Data Closes $34.9 Million in Series B Extension Round
One Data, a data management software, announced the completion of its EUR 32 million (~$34.9 million) Series B extension round, co-led by Vsquared Ventures, Molten Ventures, and HV Capital. The company will use the additional investment to strengthen its leading position in data product management, expand into international markets, build strategic partnerships, and offer access to its product to an even larger customer base.
![One Data](https://www.spotsaas.com/blog/wp-content/uploads/2024/07/design-11-1024x576.png)
CultureAI Closes $10 Million in Series A Funding
Human risk management platform CultureAI has closed a $10 million Series A funding round. co-led by Mercia Ventures and Smedvig Ventures. This investment will help CultureAI advance its mission to improve how organizations detect and manage cyber risks amid the rise of SaaS apps, collaboration tools, and generative AI.
![CultureAI logo](https://www.spotsaas.com/blog/wp-content/uploads/2024/07/hot-news-8-1024x576.png)
Lemonado Secures $1.4 Million in Seed Funding
No-code platform Lemonado has secured $1.4 million in a seed funding round led by node.vc. The funding will help the company grow internationally by enhancing technology, expanding services, and strengthening community engagement.
![Lemonado logo](https://www.spotsaas.com/blog/wp-content/uploads/2024/07/hot-news-9-1024x576.png)
OnRamp Raises $14.2 Million in Funding
OnRamp, a customer onboarding software, has raised $14.2 million in funding led by Javelin Venture Partners and Contour Venture Partners. The funding will empower the company to enhance its product and expand its team.
![OnRamp logo](https://www.spotsaas.com/blog/wp-content/uploads/2024/07/hot-news-46-1024x576.png)
Instinct Digital Closes $6.5 Million in Series A Funding
Instinct Digital, an investment reporting and communication platform, has closed a £5 million (~$6.5 million) Series A funding round led by AlbionVC. The funding will enable the company to onboard and support new clients, strengthen partner integrations, and expand into new regions, including the US.
![Instinct Digital logo](https://www.spotsaas.com/blog/wp-content/uploads/2024/07/hot-news-11-1024x576.png)
Latest SaaS M&A
Semrush Acquires Ryte
Visibility management SaaS platform Semrush has acquired Ryte, a website user experience (WUX) platform. This aims to leverage the strengths of both companies’ technology and expertise, allowing them to deliver even stronger solutions for their customers.
![Semrush Acquires Ryte](https://www.spotsaas.com/blog/wp-content/uploads/2024/07/hot-news-45-1024x576.png)
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