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Employment Human Resources North America Recruiting SaaS Skill Assessment Software

CodeSignal Raises $50M in Series C Funding

– CodeSignal is a San Francisco, CA-based technical assessment platform to make data-driven hiring decisions in tech recruiting.
– The company raised $50M in Series C funding.
– The round was led by Index Ventures with participation from Menlo Ventures, Headline, and A Capital.
– The new investment will be used to accelerate product and go-to-market functions and launch its new Integrated Development Environment (IDE) that enables relevant assessment experiences.

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Business Information Systems Computer SaaS Software Western Europe

Skello raises $47.3 million for its employee scheduling tool

– French startup Skello has raised a $47.3m funding round.
– The company has been working on a software-as-a-service tool that lets you manage the work schedule of your company.
Partech is leading today’s funding round. Existing investors XAnge and Aglaé Ventures are also participating.

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Health Care Information Technology North America SaaS Software

Rune Labs Raises $22.8M in Series A Financing

– Rune Labs is a San Francisco, CA-based brain data company enabling the advancement and delivery of precision neuroscience therapeutics.
– The company raised $22.8m in Series A funding.
– The round was led by Eclipse Ventures with participation from current investors including DigiTx Partners and Moment Ventures.
– The new investment will be used to expand the number of patients, clinicians, and researchers using its platform.

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Australia and Oceania Event Management Events SaaS Software Video Conferencing

Online events platform Delegate Connect gets $10M AUD led by AirTree

– Delegate Connect, a virtual/hybrid events platform, raised $10m in seed funding.
– The round was led by AirTree Ventures and joined by Skip Capital, TEN13 and Australian startup founders like LinkTree’s Alex Zaccaria and Go1’s Andrew Barnes.
– The capital will be used to build Delegate Connect’s teams in Melbourne, London and Norway, which enable it to handle events around the world, increasing headcount from 45 to more than 100 by December.
– It also plans to open a United States-based office soon.

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Business Intelligence Cloud Data Services Data Integration SaaS Western Europe

Matillion raises $150M at a $1.5B valuation for its low-code approach to integrating disparate data sources

– Matillion, a startup that helps companies harness their data, raised $150m in funding.
– The round was led by General Atlantic and joined by Battery Ventures, Sapphire Ventures, Scale Venture Partners and Lightspeed Venture Partners.
– The company has hundreds of enterprise customers, including Western Union, FOX, Sony, Slack, National Grid, Peet’s Coffee and Cisco.
– The startup was founded in Manchester (it now also has a base in Denver), and this makes it one of a handful of tech startups out of the city — others we’ve recently covered include The Hut Group, Peak AI and Fractory — now hitting the big leagues and helping to put it on the innovation map as an urban center to watch.

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Artificial Intelligence Computer Internet Machine Learning North America SaaS Software

Constructor finds $55M for tech that powers search and discovery for e-commerce businesses

– Constructor, a company that powers search and product discovery tools for e-commerce businesses, raised $55m in Series A funding.
– The round was led by Silversmith Capital Partners and joined by a long list of notable individual investors.
– The company says that it powers “billions” of queries every month, with revenues growing 233% in the last year.
– Constructor is led by CEO and co-founder David Sacks, who previously co-founded Yammer and Geni.

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Information Technology Internet North America SaaS Security

SaaS data backup and recovery platform Rewind raises $65M

– Rewind, a data backup and recovery platform for software-as-a-service (SaaS) applications, has raised $65 million in a series B round of funding.
– The company is now valued at well over $1bn.
– Rewind historically offered data backup services for businesses running Shopify, BigCommerce, and Intuit QuickBooks, but earlier this year the company acquired BackHub to extend its support to GitHub and later added support for Trello.
– Gartner forecasts global “public cloud end-user spending” to grow 18% in 2021, of which SaaS remains the largest segment — it’s estimated to hit $117.7 billion this year, up from $101 billion in 2020.

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Cloud Computing Enterprise Software Information Technology North America SaaS Software

SkyKick Announces $130 Million Financing to Accelerate Cloud Automation Platform Globally

– SkyKick, a global provider of no-code and low code cloud automation software for Information Technology Services Providers (ITSPs), announced that it closed a $130m financing bringing its total capital raised to over $200m.
– Demand for SkyKick’s newest product – Cloud Manager – has surged over 1,000% in the past year, underpinning rapid growth for SkyKick’s other cloud automation and data protection products.
– The market for Cloud Managed Services is estimated to grow to $116B by 2025 at an annual growth rate of 13.3%.1 SMBs are expected to adopt Cloud Managed Services at an even higher rate, driven by their need to reduce operational costs and streamline business processes.

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Financial Services FinTech Insurance North America SaaS

Peach Finance Secures $20 Million in Series A Funding Led by Canapi Ventures

– Peach Finance raised $20m in Series A funding.
Canapi Ventures led the round with participation from existing and new investors, SciFi VC, Caffeinated Capital, Nyca Partners and Moore Specialty Credit.
– The funding will support Peach’s continued expansion within the massive and growing loan management and servicing market, including through new credit product launches, customer growth initiatives and increased hiring.
Peach is the first all-in-one SaaS platform addressing the full range of evolving needs of fintech companies and established financial institutions like banks and credit unions through its loan management, servicing and Compliance Guard™ product offerings.
– Peach’s third-generation system places an emphasis on maximum configurability and superior borrower and customer service experiences, features that are increasingly demanded by digital lenders and expected by today’s consumers.

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Enterprise Software North America SaaS Unified Communications Video Conferencing VoIP

Nextiva Raises $200M from Goldman Sachs Asset Management at a $2.7B Valuation to Fuel Growth of Connected Communications

– Nextiva announced it has raised $200M in its first external funding round, from Goldman Sachs Asset Management at a $2.7B valuation.
– The funding will be used to accelerate Nextiva’s vision to help businesses and teams build stronger relationships with their customers as the only company bringing together communications, customer management, intelligence and automation into a single purpose-built solution.
– Nextiva plans to accelerate innovation for connected communications, including AI and automation development, build out new routes to market, and advance global expansion.
– Nextiva brings together communications with applications built for customer sales and service, analytics, as well as an ecosystem of integrations to third-party solutions. This allows Nextiva to uniquely manage all communications and customer engagement in one place, providing truly unified customer insight to every employee.

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Artificial Intelligence E-Learning North America SaaS

LearnExperts Raises $1.25M in Seed Funding

– LearnExperts from Ottawa, Canada develops a course creator platform.
– The company raised $1.25m in seed funding.
– Backers included Sand Hill North, MaRS IAF, Capital Angel, Maple Leaf Angel, and Georgian Angel networks, including six women investors.
– The company intends to use the funds to accelerate growth within the sector.

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Compliance Cyber Security North America SaaS

Seattle compliance automation startup Strike Graph raises $8M to fuel growth and expand services

– Seattle compliance automation startup Strike Graph has raised $8m in a Series A funding round.
– The round was led by Information Venture Partners with participation from previous investors Madrona Venture Group, Amplify.LA, Revolution’s Rise of the Rest Seed Fund and Green D Ventures.
– The startup currently has 25 employees and is hiring for remote positions for engineering, marketing, product roles and more.

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Advertising Advertising Platforms Brand Marketing Enterprise Software North America SaaS Social Media Social Media Marketing Software

CreatorIQ Raises $40 Million In New Capital To Further Accelerate Its Global Influencer Marketing Software Leadership Position

– CreatorIQ, the trusted platform used by global brands like AB InBev, Disney, Sephora and Unilever, announced a new funding round by existing investors TVC Capital, Kayne Partners Fund, Affinity Group, and Unilever Ventures. Silver Lake Waterman also joined the round as a new investor.
– The new investment brings the company’s total capital raised to over $80 million.
– CreatorIQ – the trusted platform used by global brands like AB InBev, Disney, Sephora and Unilever – will use the funding to further accelerate the leadership position of its Creator Intelligence Cloud, with a focus on e-commerce and measurement.

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Billing Cloud Computing Enterprise Software SaaS Software Western Europe

Billogram, provider of a payments platform specifically for recurring billing, raises $45M

– Billogram, a recurring billing platform, raised $45m in funding.
– The round was led by Partech and will be used to help the Stockholm-based startup expand from its current base in Sweden to six more markets, including Germany, Norway, Finland, Ireland, France, Spain and Italy.
– The company got its start working with SMBs in 2011 but pivoted some years later to working with larger enterprises, which make up the majority of its business today.
– It’s not surprising to see Stripe and others wanting to move in the area of more complex, recurring billing services.

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B2B Insurance InsurTech North Africa and the Middle East Productivity Tools SaaS

Insuretech Innovator, Five Sigma, Raises $12 Million to Accelerate Growth and Expansion Plans

– Five Sigma, an industry leading claims platform provider, has raised $12M in a Series A round led by 83North and featuring existing investors F2 Venture Capital and Pipeline Capital.
– New investors include Eyal Ofer’s O.G. Tech, Xceedance and iGlobe Partners.
– This brings the company’s total funding to date to $18M.
– Five Sigma delivers a cloud-native, data-driven claims management platform with embedded AI/ML capabilities that enables insurance firms to handle customers’ claims better and faster.
– The insurance space is going through major changes with new products, new and evolving business and risk models, and new consumer expectations.
– Five Sigma’s approach to claims management process and claims data addresses these rapid changes and new requirements.

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Computer Enterprise Software Information Technology North America SaaS Security Software

Cloud directory service JumpCloud raises $159M as remote work booms

– JumpCloud, a cloud-based directory service used by enterprises such as Splunk, Square, and Matterport, has raised $159 million in a series F round of funding at a $2.56 billion valuation.
– In the IT sphere, directory services are a core component of network operating systems and are chiefly concerned with mapping, storing, locating, retrieving, and managing items across a network — including devices, user identities, accounts, files and folders, and more.
– The directory service enables companies to connect their workforce with the IT resources needed to execute their jobs.
– The market is largely dominated by Microsoft’s Active Directory, given that most endpoints have historically been Windows-based PCs, which remains the case when it comes to on-premise installations.

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Data Integration Employment Human Resources North America Recruiting SaaS

Papaya Global Raises $250 Million in Series D Funding at $3.7 Billion Valuation

– Papaya Global announced a $250m Series D funding round.
– The round was led by New York-based global private equity and venture capital firm Insight Partners and joined by Tiger Global, with participation from existing investors Greenoaks Capital, IVP, Scale Venture Partners, Bessemer Venture Partners, Alkeon Capital, Workday Ventures, Access Industries and Group 11.
– Funding will be used to continue Papaya’s rapid expansion and accelerate the recruitment of rapidly growing companies (pre/post IPO) and Fortune 5000 clients.
– Papaya, the global people management platform for the remote work era – which tripled its revenue in 2020 – provides a radically simple solution for managing and paying all types of global workers in full compliance, from onboarding to payments, in over 140 countries.

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Artificial Intelligence Machine Learning North America Predictive Analytics Procurement SaaS Software Supply Chain Management

LevaData Raises $47M in Series C Funding

– LevaData announced a $47m Series C funding round.
– The round was led by Banneker Partners with participation from Tola Capital.
– The investment comes after the company experienced significant global revenue growth during the first half of 2021.
– LevaData offers supply management teams the predictive insights needed to act before cost and events negatively impact margins or speed to market.
– Many of the world’s largest brands rely on LevaData.
– The investment and partnership will help LevaData accelerate its growth strategies at a time when its customers and primary markets are most vulnerable and need them most.
– Areas of investment priorities include the continuous improvement of their integrated platform capabilities, a deeper physical presence in key global markets, and the creation of hundreds of new jobs.

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E-Commerce Food and Beverage Marketing Automation North America Payments Restaurants Retail SaaS Small and Medium Businesses Software Transaction Processing

SpotOn Raises $300 Million in Series E Funding Led by Andreessen Horowitz; Transaction Values Company at $3.15 Billion

– SpotOn, one of the fastest-growing software and payments companies with comprehensive solutions for restaurants and retail businesses, announced $300m in Series E funding, raising its valuation to $3.15bn.
– The funding will be used to acquire Appetize, a leading digital and mobile commerce platform for enterprise businesses, such as sports and entertainment venues, theme parks, zoos, college campuses, and more.

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AgTech North America SaaS Software

Smartwyre Secures $10.5M Series A to Connect Agricultural Inputs Industry

– Smartwyre secured $10.5M in Series A funding.
– The funding was supported by High Alpha Capital, Anterra Capital, Fall Line Capital, Revolution’s Rise of the Rest fund and Cavallo Ventures.
– For the agricultural inputs industry, Smartwyre is the first platform to provide end-to-end insights from cost management to commercial pricing, improving industry profitability and preventing mismatches between production levels and the actual farmer demand.
– In 2021, companies delivering more than 35% of the agricultural inputs supplied to US farmers use Smartwyre’s platform to manage their product information, pricing or rebate operations.

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Analytics Artificial Intelligence Big Data Insurance InsurTech Machine Learning North America SaaS Software

Kalepa Raises $14M In Series A Funding

– Kalepa is a NYC-based commercial insurance platform provider.
– Company raised $14m in Series A funding.
– The round was led by Inspired Capital, with participation from previous investor IA Ventures, as well as Gokul Rajaram of Doordash, Coinbase, and formerly of Google, Jackie Reses, formerly of Square, and Henry Ward of Carta.
– The new investment will be used to grow the team four-fold over the next year, with an emphasis on engineering, data science, and insurance talent.

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Analytics Digital Marketing Marketing SaaS Western Europe

Customer data platform Zeotap raises $11M more

– Zeotap, a customer data platform (CDP) headquartered in Berlin, Germany, announced that it closed a $11 million extension to its series C round, bringing its total capital raised to $90 million.
– Participating investors included Liberty Global Ventures, which CEO Daniel Heer says will support Zeotap as it invests in product R&D and workforce expansion.
– The adoption of CDPs is expected to grow as companies look to better use data to improve customer experiences. While some research suggests that CDP uptake has been hampered by data immaturity, the global CDP market is anticipated to reach $15.3 billion in value by 2026.

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Analytics Artificial Intelligence Machine Learning North America Product Design Quality Assurance SaaS Software

UnitQ raises $30M in Accel-led round to help companies improve product quality

– Burlingame, California-based startup using a data-driven approach to product quality, unitQ, raised $30m in Series B funding.
– The round was led by Accel.
– Existing backers Creandum — the early-stage Swedish fund which also backed Shopify — and Gradient Ventures, Google’s AI-focused venture fund, also put money in the round
– The company plans to use the funding to expand its sales and marketing efforts.

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Computer Software SaaS Western Europe

Corti.ai Raises $27 Million in Series A Funding to Transform Patient Consultations With Artificial Intelligence

– Corti.ai, one of the leading SaaS companies in the fast-growing category of Artificial Intelligence for healthcare, announces a $27 Million Series A round.
– The company was founded by Lars Maaløe and Andreas Cleve in 2016.
– Unlike the majority of Artificial Intelligence startups that are pursuing image recognition use cases, Corti has focused on improving the workflow around patient consultations.
– Corti’s machine learning platform can listen in during patient consultations and help to document, code, and quality assure the interaction in real-time, saving time and reducing risk.

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Analytics Logistics Machine Learning SaaS Southeast Asia

Portcast gets $3.2M to create more transparent and sustainable supply chains

– Portcast, a logistics operating system, raised $3.2m in pre-Series A funding.
– The round was led by Newtown Partners, with participation from Wavemaker Partners, TMV, Innoport and SGInnovate.
– Based in Singapore, Portcast serves clients in Asia and Europe.

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B2B Business Information Systems Employee Benefits Human Resources Productivity Tools SaaS Small and Medium Businesses Software Western Europe

Factorial Closes a Series B Funding Round with $80 Million

– Factorial, a Barcelona-based HR software company that streamlines people management, has closed an $80m Series B funding round led by Tiger Global Management, with participation from previous investors CRV, Creandum, Point Nine, K Fund, and Columbia Lake Partners bringing the total funding amount to $100m.
– Factorial, which serves thousands of clients in more than 65 countries, has been ranked among the Top 10 most promising startups in Europe. With the new funds, Factorial will expand to new markets, opening offices in the USA and Brazil.

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Analytics Big Data Education North America SaaS

Panorama raises $60M in General Atlantic-led Series C to help schools better understand students

– Panorama Education, a K-12 education software platform, raised $60m in a Series C round of funding.
– The round was led by General Atlantic and joined by existing backers Owl Ventures, Emerson Collective, Uncork Capital, the Chan Zuckerberg Initiative and Tao Capital Partners.
– The company now serves 13 million students in 23,000 schools across the United States.
– It has more than 1,500 school districts among its customers.

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E-Commerce Marketplace North America SaaS Software Subscription Service

Prive Raises $1.7M in Pre-Seed Funding

– Prive is a San Francisco, CA-based eCommerce subscriptions platform.
– The company raised $1.7M in pre-seed financing.
– The round was led by Xfund and Bling Capital, with participation from Defy Partners, Halogen Ventures, Base Case Capital, and current senior Uber executives.

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Artificial Intelligence Call Center Customer Service Internet Internet of Things Machine Learning Natural Language Processing SaaS Software South Asia Speech Recognition

Skit raises $23M Series B round to accelerate its growth

– Bengaluru-based artificial intelligence SaaS voice automation company Skit, formerly known as Vernacular.ai, developed its AI-based voice automation platform VIVA, short for Vernacular Intelligent Voice Assistant, which enables corporations to automate 90% of their call center operations powered by Natural Language Understanding (NLU) technology. VIVA covers more than 16 languages and 160 dialects.
– The company announced it has closed a $23 million Series B round to accelerate its growth in domestic and global markets, including the U.S. and Southeast Asia and enhance its voice automation platform.

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E-Commerce North America SaaS SEO Software

SEO optimization platform Botify lands $55M

– Botify, provider of search engine optimization tools and apps, announced that it raised $55 million, bringing its total raised to date to $82 million.
– The funding — a series C, led by InfraVia Growth with participation from Bpifrance, Eurazeo, and Ventech — will enable the company to grow its platform, develop its partner ecosystem, and expand its global footprint as it focuses on product R&D.
– With an increasing number of businesses shifting to online as their primary channel, ensuring high placement in web searches has become a priority. There are 80,000 searches done per second, driving 53% of web traffic today. But it’s a moving target. Google alone made 4,500 algorithm updates and changes last year to Google Search.

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Augmented Reality North America SaaS Software

Xerox-backed field service startup CareAR raises $10M

– CareAR, a startup that combines AR with content management system DocuShare and multichannel marketing service XMPie, has raised $10m in a funding led by ServiceNow.
– The round values CareAR at $700m post-money.
– CareAR’s platform lets agents see what users see for real-time troubleshooting.

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Computer Enterprise Software Knowledge Management SaaS Software Western Europe

Stravito raises $14.6M to create a ‘Netflix for enterprise market research’

– Stravito, a market research and insights company, raised €12.4m in Series A funding.
– The round was led by Endeit Capital and joined by existing investors HenQ, Inventure and Creades.
– To date, Stravito has raised €20.1m.
– The company appointed Elaine Rodrigo, chief insights & analytics officer at Reckitt Benckiser, to its board of directors.

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Collaboration Consulting Data Integration Enterprise Applications Enterprise Resource Planning (ERP) Enterprise Software Marketing North America SaaS Sales Automation Software

Revenue Grid Lands $20M in Series A Financing

– Revenue Grid, a sales platform that provides businesses with AI-driven deal guidance, announced $20M in a Series A financing led by W3 Capital.
ICU Ventures also participated in this financing.
– Revenue Grid was originally founded as Invisible and rebranded in 2020.

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B2B SaaS Software Western Europe

Trengo Platform Raises $36M ln Series A Funding

– Trengo is the Dutch omnichannel communications platform.
– The company announced raising $36m in a Series A funding.
– The funding was led by Insight Partners and Peak.
– Trengo is aimed to accelerate international expansion, attracting talent and fueling further development of the technology-driven omnichannel communication platform.

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CRM Information Technology North America SaaS Software

Walnut Raises $15M in Series A Funding

– Walnut is a NYC-based sales experience platform provider.
– The company raised $15m in Series A funding.
– The round was led by Eight Roads Ventures.
– The new funding will be used to expand the team, develop the technology and platform.

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Delivery Service Freight Service Last Mile Transportation Logistics North America SaaS

OneRail Raises $9M Series A Round Led by Ironspring Ventures to Leverage Record 10x YoY Revenue Growth in Final Mile Delivery Fulfillment

– OneRail has closed a $9m Series A investment led by Ironspring Ventures.
– The round was joined by new investors Gaingels and the company’s current investors, including Chicago Ventures, Bullpen Capital, Las Olas Venture Capital, CreativeCo Capital and Alpine Meridian Ventures.
– OneRail solves final mile delivery logistics more comprehensively than any other offering in the space, with a 3-in-1 approach firmly establishing them as the top-tier solution for Retailers, Healthcare Networks and Product Distributors, as well as the Construction and Materials ecosystem.
– The new capital investment in OneRail will accelerate the company’s rapid growth in the final mile logistics market that contributes $417 billion annually to GDP in the United States alone.

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North America SaaS Sales Software

Rattle raises $2.8M from Lightspeed and Sequoia to modernize enterprise sales stack

– Rattle is building a real-time and collaborative “connectivity tissue” to address the siloed nature of modern record-keeping and intelligence platforms.
– The startup announced that it has raised a seed round of $2.8 million from Lightspeed and Sequoia Capital India.
Amy Chang (EVP at Cisco & Disney board member), Ellen Levy (early investor in Outreach), Jake Seid (early investor in Brex & Carta), and Krish & Raman (the founders of unicorn SaaS firm Chargebee) also participated in the round.
– The startup, which launched its offering in March, is already seeing over 70% conversion rate among enterprises that have given it a try.
– Rattle has amassed over 50 customers, including Terminus, Olive, Litmus, Imply and Parse.ly.

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Harri Raises $30M
Harri Raises $30M
UN

Unicorn Nest news

Hospitality Hotel Human Resources Information Technology North America Recruiting Restaurants SaaS Software

Harri Raises $30M

– Harri, a platform for enterprise Employee Experience has received a $30m.
– The company has received a significant round of growth financing from Golub Capital.
– The financing will be used to capitalize on the strong momentum in the large enterprise market, accelerate growth into new verticals, and further amplify Harri’s position as the leader in verticalized human capital and workforce management technology space.

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Apps Developer Platform Information Technology Internet North America PaaS SaaS Software

Rafay Systems Raises $25M in Series B Funding

– Rafay Systems from Sunnyvale develops a platform for Kubernetes Operations.
– Series B funding $25m brings company valuation to more than $100m.
– The round was led by ForgePoint Capital with participation from existing investors Ridge Ventures, Costanoa Ventures and Moment Ventures.
– The new investment will be aimed at hiring engineers and growing sales, marketing and customer success teams.

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Artificial Intelligence Corporate Training Personal Development SaaS Software Training Western Europe

CoachHub Raises $80M in Series B2 Funding

– CoachHub is a Berlin, Germany-based digital coaching platform.
– The company raised $80m in Series B2 funding.
– The round was led by Draper Esprit, RTP Global, HV Capital, Signals Venture Capital, Partech, and Speedinvest.
– The new investment will be used to fund the company’s global expansion.

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B2B Information Technology Insurance InsurTech Life Insurance North America SaaS Software

Slope Software Raises $2M in Funding

– Slope Software is an insurtech startup based in Atlanta, GA.
– The company raised $2.0m in funding.
– The round was led by Tech Square Ventures, with participation from Alerion Ventures and Charlotte Angel Fund, and existing investor Cofounders Capital.
– The new investment will be used to expand operations and the company’s business reach.

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Collaboration Enterprise Software Internet North America Productivity Tools SaaS

Hive Raises $10M in Funding

– Hive is a NYC-based productivity software platform.
– The company raised $10m in funding.
– The round was led by Rembrandt Venture Partners with participation from Zoom Video Communications, Inc.’s Zoom Apps Fund and existing investors Tribeca Venture Partners and Angelpad.
– The new investment will be used to build the software platform, where all product decisions are made democratically by users.

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Analytics Consumer Research Information Technology Market Research North America SaaS

Disqo Raises $85M in Series B Funding

– Disqo is a consumer insights platform based in Los Angeles, CA.
– Company closed an $85m Series B growth funding.
– The round was led by Sageview Capital with participation from March Capital, Valuestream Ventures, and existing investors Alpha Edison and Bonfire Ventures.
– The new investment will be aimed at scaling the company’s operations and accelerating its product roadmap.

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Procurement SaaS Software Western Europe

Sastrify snags $7M to help SMEs manage SaaS buying

– Sastrify, a startup offering a platform to help businesses manage third-party services, raised $7m in funding.
– The round was led by HV Capital and the founders of FlixMobility, Personio and SumUp.
– It brings Sastrify to a valuation of $10m.
– The startup plans to use the funding to expand its team and to further develop its product.

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Accounting Cloud Computing E-Commerce FinTech North America SaaS Small and Medium Businesses Software

Accounting platform Synder raises $2M to automate e-commerce bookkeeping

– Synder raised $2m in seed funding.
– The round was acquired before going into the accelerator program.
– The company bills itself as an easy accounting platform for e-commerce businesses.
– It was originally founded as CloudBusiness in 2016 and developed accounting automation and management of business finances for small and mid-size businesses.
– Synder, in 2018, focused on the company full-time to develop an easy way for commerce companies to shift to omnichannel sales.
– The company is already working with 4,000 clients, and will now be fast-tracking their expansion.

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Human Resources North America Recruiting SaaS

Workstream Raises $48M in Series B Funding

– Workstream, a San Francisco, CA-based hiring platform and mobile app that streamlines the sourcing and onboarding of hourly workers, raised $48m in Series B funding.
– The round was co-led by BOND and Coatue, with reinvestment from Founders Fund, and Eric Yuan, CEO of Zoom; Tony Xu, CEO of DoorDash; Ryan Smith, CEO of Qualtrics; Frederic Kerrest, COO of Okta; Basis Set Ventures; CRV; Peterson Ventures; GGV Capital; Jay-Z’s RocNation; Will Smith’s Dreamers VC and others.
– The company intends to use the funds to double the size of its team with numerous hires across sales, marketing and engineering, and continue to invest in growth and product development.

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Enterprise Software Information Technology North America SaaS Software

Oomnitza Announces $20 Million Growth Funding to Drive Enterprise Technology Management Solution

– Oomnitza, the pioneer in SaaS-based Enterprise Technology Management (ETM) solutions, announced it has completed a $20m growth funding round led by C5 Capital, and includes Aspenwood Ventures and Gula Tech Adventures, along with existing investors Riverside Acceleration Capital and Shasta Ventures.
– In total, Oomnitza has raised $35m to fulfill its mission of improving the way enterprises manage and secure their technology assets.
– Oomnitza’s customers include many technology unicorns as well as Fortune 500 organizations across retail, hospitality, automotive, and financial services sectors.

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Event Management Internet Natural Language Processing North America SaaS Software

Channels Inc. Announces $520,000 Seed Round

– Channels is announcing a seed round of $520k led by Sahra Growth Capital, to bring their total funding to $571.8k.
– Started by Siddharth Kaul, Elan Rosen, and Ibrahim Mohammed, Channels helps organizations navigate through physical work, starting in the event space.
– Jamal Al-Barrak, the Managing Partner of Sahra Growth Capital, has high hopes for Channels, already citing successful clients such as Marriott Hotels and Holiday Inn: “Channels has a bright future to disrupt the event space and eventually transition into sectors such as retail. They are pioneering the mobile-friendly approach to physical communication with big players already taking note.”

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Artificial Intelligence B2B Big Data Latin America Machine Learning Procurement SaaS

WherEX Raises $7M in Series A Funding

– WherEX is a Santiago, Chile-based e-sourcing company.
– The company raised $7M in Series A funding.
– The round was led by Kayyak Ventures with participation from FJ Labs, Jaguar Ventures and Tuesday Capital.
– The new investment will be aimed at expanding to LatAm and the US market.

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Commercial Real Estate Home Services Property Management Real Estate SaaS Software Western Europe

Plentific Raises $100M in Series C Funding

– Plentific is a London, UK-based platform for smart property management.
– The company raised $100m in Series C funding.
– The round was led by new investors Highland Europe and Brookfield Technology Partners alongside Mubadala Investment Company (Mubadala) and RXR Digital Ventures, as well as existing investors A/O PropTech and Target Global.
– The new investment will be used to expand the company’s presence in the United States, and globally, and to accelerate its engineering and product development to increase digitalisation across the property and facilities management space.

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Knowledge Management North America SaaS Software

Shelf.io Raises $52.5 Million in a Series B To Accelerate Growth Of AI-Driven Answers Automation Platform

– Shelf.io announced a $52.5m Series B round of funding led by Tiger Global and Insight Partners, with participation from existing investors Base10 Partners, Connecticut Innovations, Contour Venture Partners and individuals like Austin McChord (founder of Datto) and Tooey Courtemanche (founder of Procore).
– The company, whose clients include John Deere, DSW, HelloFresh, Equitable/AXA, and Glovo, has experienced 4X growth in the last 12 months, zero customer churn in the last three years and a 10X user growth in the last year.
– Shelf was created to address a massive employee productivity challenge — the average worker spends 19% of their time tracking looking for answers or tracking down colleagues for help. The shift to remote teams due to COVID has only exacerbated the problem of tracking down answers.

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B2B Employment North Africa and the Middle East Recruiting SaaS Software

Eloops Raises $2M in Seed Funding

– Eloops is a Tel Aviv, Israel-based HR-Tech startup.
– Company raised $2m in seed funding.
– The company intends to use the funds to continue to expand operations and its business reach.
– The platform encourages more interaction between employees and between employees and the organization, on topics not only related to work performance.

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Career Planning Internet North America Recruiting SaaS

Hiration Raises $3M in Seed Funding

– Hiration, a San Francisco, CA and New Delhi, India-based platform that offers resources for qualified candidates to create resumes and find a role, raised $3m in seed funding.
– Backers included from Prime Venture Partners, Venture Highway and Y Combinator, among others.
– The company intends to use the funds for hiring and growth.

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Automotive CRM North America SaaS

DealerPeak Raises $3.075M in Funding

– DealerPeak, a Denver CO-based provider of a CRM in the automotive industry, raised $3.075M in funding.
– The round was led by Geweke Auto Group with participation from Tim Crown, Jim Prendergast and Zach Ferres.
– The company intends to use the funds to expand operations and its business reach.

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Bitcoin Cryptocurrency Eastern Asia Financial Services FinTech Information Technology SaaS Software

Blockchain startup XREX gets $17M to make cross-border trade faster

– Blockchain startup XREX raised $17m in pre-Series A funding.
– The round was led by CDIB Capital Group and joined by SBI Investment, Global Founders Capital, ThreeD Capital, E.Sun Venture Capital, Systex Corporation, MetaPlanet Holdings, AppWorks, BlackMarble, New Economy Ventures and Seraph Group.
– The company plans to apply for financial licenses in Singapore, Hong Kong and South Africa, and partner with banks and financial institutions, like payment gateways.

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North America SaaS Sales Software

B2B sales platform Accord adds $1M to seed round

– Accord, a business-to-business sales platform, raised $6m in seed funding.
– The round was led by non-institutional investors and included a group of CEOs and sales leads from companies it works with.
– The company plans to use the funding to double its team and continue to grow its product.

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Human Resources North America SaaS Sustainability Wellness

WeSpire Receives $13M in Series B Funding

– WeSpire, a platform for employee experience programs, has secured $13M in a Series B funding.
– The round led by Level Structured Capital.
– This funding will help WeSpire expand sales, marketing and customer success teams and drive product innovation.

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B2B Cloud Data Services Finance North America SaaS Software

Enable Raises $45M in Series B Funding

– Enable, a San Francisco, CA-based cloud-based software solution for B2B rebate management, raised $45m in Series B funding.
– The round was led by Norwest Venture Partners with participation from previous investors Menlo Ventures and Sierra Ventures, along with several angel investors.
– The new investment will be used to continue to expand operations and its business reach.

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