Stay updated on the latest news on SaaS: osapiens closes a $120 million Series B funding round; Canva acquires Leonardo.AI.
Latest SaaS Funding News
osapiens Closes $120 Million in Series B Funding
ESG platform osapiens has closed a $120 million Series B financing round led by Growth Equity at Goldman Sachs Alternatives. The investment will drive international expansion and enhance the technology platform, improving business operations to be more compliant, resilient, and efficient.
Rillet Secures $13.5 Million in Funding
Rillet, an ERP platform that automates accounting for high-growth companies, has raised $13.5 million led by First Round Capital, Creandum, and Susa Ventures. The company plans to use the new funding to enhance product development and expand into new verticals, including e-commerce and fintech, to better support its customers.
Checkly Raises $20 Million in Series B Funding
Checkly, a code-first synthetic monitoring platform powered by Monitoring as Code (MaC) and Playwright, has raised $20 million in a Series B funding round led by Balderton Capital, bringing its total funding to $32.25 million. The company plans to use this investment to enhance its product development and expand its team.
Streamkap Secures $3.3 Million in Seed and Pre-seed Funding
Streamkap, a real-time data streaming platform, has raised $3.3 million in seed and pre-seed funding led by InReach Ventures. Streamkap will utilize the new funding to grow its engineering and go-to-market teams. Also, the company will invest in advanced stream processing capabilities to further reduce latency
Tset Closes $13.8 Million in Series A Funding
Tset, a cost & carbon management platform for the manufacturing industry, has closed a €12.7 million (~$13.8 million) Series A funding round. This funding will accelerate its product development, broaden its partner ecosystem, and drive strategic growth.
Latest SaaS M&A News
Canva Acquires Leonardo.AI
Canva has acquired Leonardo.AI, a generative AI content and research platform. The acquisition complements Canva’s offerings and advances its vision to create a world-class suite of visual AI tools. Leonardo.ai is its second acquisition this year after Canva bought design company Affinity.
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Must-Read
Microsoft now lists OpenAI as a competitor
Despite investing $13 billion and being OpenAI’s exclusive cloud provider, Microsoft now lists OpenAI, along with Anthropic, Amazon, Meta, and Google, as competitors in AI and search.
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