Stay up-to-date with the latest update in the SaaS industry as we bring you the SaaS Weekly Roundup, which includes but not limited to breaking news on recent SaaS funding rounds. Discover which software-as-a-service companies are securing new investments, driving innovation, and shaping the future of cloud-based solutions.
Latest SaaS Weekly Roundup Funding News
Here we provide some SaaS Weekly Roundup Funding News List.
Summary table of the SaaS funding last week
| Product Name | Category | What They Do | Fund Raised |
| Oyster | HR Tech | Helps businesses hire, manage, and pay remote teams. | $59M (Series D) |
| Calyxia | Cleantech | Develops solutions to fight microplastic pollution. | $35M (Series B) |
| Fastn | No-Code Development | Simplifies app development by enabling no-code solutions. | $2.6M (Seed) |
| Paylocity | HR & Payroll | Acquires Airbase to enhance corporate spend management. | $325M (Acquisition) |
| Reonic | Climate Tech | Provides sustainable energy solutions. | €13M (Series A) |
| Tour Amigo | Travel Tech | B2B SaaS platform for travel businesses. | $2M (Seed) |
| Seez AI | Automotive AI | Provides AI-based solutions for the automotive sector. | $4.2M (Investment) |
| Approveit | Workflow Automation | Enhances operations and workflow automation. | $1M (Funding) |
| Acuvity | AI Security | AI-driven security and governance platform. | $9M (Seed) |
| Stylus | EdTech | Automates school grading and feedback using AI. | £500K (Seed) |
Oyster Raises $59M as Remote Work Grows
Oyster, a US-based HR tech company, secured $59 million in Series D funding. The platform helps businesses hire, manage, and pay remote teams across the globe. This new investment highlights the growing demand for remote work solutions. With this funding, Oyster aims to expand its services and support global workforce management. The company is valued at $1.2 billion, reflecting its success in the HR tech space.
Calyxia secures $35M to fight microplastics
Calyxia, a cleantech startup focused on industrial solutions, secured $35 million in Series B funding. The company develops innovative technology to combat microplastic pollution in various industries. This funding will help accelerate its research and expand the commercialization of its eco-friendly solutions. Calyxia aims to reduce environmental impact while maintaining high-performance standards for industrial applications. The investment highlights growing interest in sustainable technologies.
Fastn secures $2.6M to boost AI in no-code
Fastn, a no-code platform, has raised $2.6 million in seed funding to enhance its offerings. The platform aims to simplify software development by allowing users to build applications without coding. With this new funding, Fastn plans to integrate AI capabilities to improve automation and user experience. The investment will also support the platform’s expansion and innovation efforts. Fastn is positioning itself as a key player in the growing no-code development space.
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Paylocity acquires Airbase for $325M
Paylocity, a leading HR and payroll software provider, is acquiring corporate spend management startup Airbase for $325 million. The acquisition aims to expand Paylocity’s financial tools, enhancing its platform with Airbase’s spend management solutions. This move will help businesses streamline expense management and increase operational efficiency. Airbase’s technology complements Paylocity’s offerings, providing comprehensive solutions for finance teams. The deal reflects Paylocity’s strategic growth in financial services.
Reonic secures €13M in Series A round
Reonic, a climate tech SaaS startup from Augsburg, Germany, has raised €13 million in Series A funding. The company specializes in advancing sustainable energy solutions across Europe. This funding will support Reonic’s growth and expand its capabilities. The investment highlights increasing interest in climate tech and sustainable energy. Reonic aims to drive significant progress in deploying eco-friendly energy technologies.
Tour Amigo secures $2M for expansion
Tour Amigo, a rapidly expanding B2B SaaS firm in the travel sector, has raised $2 million in Seed funding. The investment round was led by Wavemaker Partners, based in Singapore, and supported by 500 Global. The funds will be used to fuel further growth and expansion. This boost underscores the company’s increasing traction and potential in the travel tech industry.
Pinewood Invests $4.2M in Seez AI
London-listed Pinewood Technologies, formerly Pendragon, is investing $4.2 million in Seez. Seez specializes in AI solutions for the automotive sector, including an AI chatbot and various SaaS modules. This investment is part of a minority funding round. The move aims to boost Pinewood’s presence in automotive AI. The investment reflects Pinewood’s strategic focus on expanding its technological capabilities.
Approveit secures $1M to boost workflows
Approveit, a platform for operations and automation, has raised $1 million in funding. This round was led by 10vc, Verras Capital, and Telegraph Hills Capital, among other investors. The new capital will be used to enhance the platform’s capabilities and streamline business workflows. The funding aims to accelerate the company’s growth and expand its market reach. With this investment, Approveit plans to further develop its automation tools to improve efficiency for businesses.
AI Security Platform Raises $9M Seed
Acuvity, known for its advanced AI security and governance platform, has raised $9 million in seed funding. This funding round was crucial for expanding its capabilities and accelerating growth. Acuvity’s platform focuses on enhancing security and managing AI-driven operations effectively. The investment will help the company advance its technology and strengthen its market position. This funding highlights the increasing importance of robust AI security solutions.
Stylus secures £500K seed funding for AI
Stylus, a UK startup, specializes in AI-driven solutions to automate school marking and feedback. The company has raised £500,000 in seed funding to further develop its technology. This investment aims to enhance the efficiency and accuracy of educational assessments. The funding will support the expansion of Stylus’s platform and its integration into more schools. By streamlining grading processes, Stylus seeks to improve educational outcomes and reduce teacher workload.
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