SaaS Weekly Roundup #63
Stay updated on the latest news on SaaS: AI startup Sierra raises $175 million; Thryv acquires Keap.
Latest SaaS Funding News
Sierra Raises $175 Million at a $4.5 Billion Valuation
Sierra, a conversational AI platform, has secured $175 million in a new funding round led by Greenoaks Capital. With this funding, the AI startup hit a $4.5 billion valuation.
Infraspeak Raises €18 Million in Series B Funding
Infraspeak, a facility management platform, has closed an €18 million Series B funding round led by Endeit Capital.
Semble Secures £12 Million in Series B funding
Healthcare software Semble has raised £12 million in a Series B funding round led by Mercia Ventures. The investment will help the company strengthen its position in the UK and grow in France. The funding will also support Semble in boosting automation and integration features to meet the needs of both small and large operators.
Kanpla Raises €8 Million in Series A Funding
Catering software company Kanpla has closed an €8 million Series A funding round led by HenQ. The funding will enable Kanpla to accelerate international expansion across Europe and the United States.
Wobby Secures €1.1 Million in Seed Funding
Wobby, an AI-powered information platform, has secured €1.1 million in a seed funding round from Belgian and Shaping Impact Group’s SI3 fund, V-Ventures, and imec.istart.
The funding will help Wobby enter new markets in Europe and start its first business activities in the United States.
Emidat Raises €4 Million in Seed Funding
Emidat, a provider of environmental data solutions for the construction industry, has raised €4 million in seed funding led by General Catalyst.
Latest SaaS M&A
Thryv Holdings Acquires Keap
Thryv Holdings, Inc., a SaaS provider for SMBs, has completed its acquisition of Infusion Software, Inc. (Keap), a CRM and marketing automation provider for SMBs, for $80 million in cash, pending adjustments.
This acquisition reflects Thryv’s commitment to expanding its software offerings and strengthening its role as a leader in the SMB SaaS market.
Listen to the Podcast
Top Marketing Strategies for 2025 Growth
CMO of Snowflake, Denise Persson, CMO of Carta Nicole Baer, and the VP of Marketing at LinkedIn for Sales, Gail Moody-Byrd share insights with Carilu Dietrick, former CMO at Atlassian, on growth strategies for 2025.
Watch SaaS Video
Must-Read
When Should a SaaS Firm Allow Month-to-Month Contracts vs. Requiring Annual?
Annual contracts with prepaid cash are ideal for reducing churn and boosting cash flow, especially when larger companies seek discounts for long-term commitments. But small businesses often like monthly plans, as they hesitate to pay for a full year upfront.
Top 50 SaaS Companies in 2024
A list includes Microsoft, Salesforce, Shopify, Miro, etc.