This Week In The SaaS Universe- Updates & Highlights With spotSaaS Weekly Roundup
Table of Contents
Latest Funding News
Kojo, a firm in construction technology, secured $39M in Series C funding
| Company Name | Kojo |
| About the company | Construction technology |
| Founder Name | Maria Rioumine |
| Fund raised | $39M |
| Investors | Battery Ventures |
| How will the company use the money | To assist its clients in reducing the amount of trash they create on projects so they may use far less material. |
Chameleon raised $13 million.
| Company Name | Chameleon |
| About the company | Low- and no-code tools |
| Founder Name | Pulkit Agrawal |
| Fund raised | $13 million |
| Investors | Matrix Partners and True Ventures |
| How will the company use the money | To expand the platform and increase headcount from 30 to about 45 by the end of the year. |
Netradyne, a SaaS business, raises $65 million from Silicon Valley Bank to provide secure transportation solutions
| Company Name | Netradyne |
| About the company | Fleet Management |
| Founder Name | Avneesh Agrawal |
| Fund raised | $65 million |
| Investors | Silicon Valley Bank |
| How will the company use the money | To provide secure transportation solutions |
Healthcare SaaS startup CoverSelf raises $4.8 million led by Beenext and 3one4 Capital
| Company Name | CoverSelf |
| About the company | Collaborative software-as-a-service (SaaS) platform for healthcare claims and payment integrity |
| Founder Name | Rajasekhar Maddireddy and Raghavendra Pawar |
| Fund raised | $4.8 million |
| Investors | Beenext and 3one4 Capital |
| How will the company use the money | To scale the company operations as well as grow the sales, product, and technology teams. |
Mergers & Acquisitions
Altair Announces Completion of Acquisition of RapidMiner
In terms of simulation, high-performance computing (HPC), data analytics, and artificial intelligence (AI), Altair is a leader in computational science and the cloud. With the help of Altair, businesses in every sector can compete more successfully and make wiser decisions in a connected world while also building a greener, more sustainable future.
Enverus’ Acquisition of RatedPower
Enverus, an energy SaaS company, recently announced the acquisition of RatedPower, a SaaS company based in Madrid that creates solutions to automate and optimize the feasibility study, analysis, design, and engineering of solar power plants and electrical infrastructure. This acquisition will help photovoltaic plants reach their full potential and lower their Levelized cost of energy.
Planful Announces Acquisition of Plannuh, A Leading Marketing Performance Management SaaS Vendor
Plannuh, a top provider of cloud-based marketing performance management software, has been acquired by Planful Inc., the inventor of cloud-based financial performance management software. Planful now offers smooth cooperation between the marketing and finance departments as well as other business users thanks to the acquisition of Plannuh. These capabilities give innovative CFOs and CMOs the resources they need to expand business growth prospects across the enterprise.
SaaS News of the Week
US food-tech platform, Culinary Digital, launches advanced SaaS platform for the..
Instabox and Budbee join hands to give an extra push to last-mile delivery
Listen to Podcast
Growing Customer Demand For Definitive Healthcare’s SaaS Platform
Saas Learning Section
How to choose the Best Help Desk Software
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Chameleon raised $13 million.
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