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 | Funding Amount | Funding Type | Purpose/Focus |
| Second Front Systems | $70M | Series C | Accelerate government SaaS access, led by Salesforce Ventures. |
| Userguest | €2.2M | Seed | Enhance hotel tech to boost direct revenue. |
| Starhive | $3M | Seed | Expand global reach of no-code app builder. |
| HeyFlow | £235K | Investment | Improve female reproductive health tech in workplaces. |
| Centricity | $20M | Seed | Develop Generative AI modules in wealthtech. |
| Symphera | €2.4M | Seed | Innovate laparoscopic surgery with tool-switching tech. |
| Reverion | $62M | Series A | Build carbon-negative power plants. |
| OpenAI | $6.5B | Investment | Seek funding at a $150B valuation. |
| LabLabee | $3.4M | Seed | Advance 5G, cloud, and AI training for telecoms. |
2F Secures $70M to Accelerate Gov SaaS Access
Second Front Systems (2F), a public-benefit software company, has secured $70 million in a Series C funding round. The round was led by Salesforce Ventures, with participation from new investor Battery Ventures and existing investors NEA, Moore Strategic Ventures, and Artis Ventures.
Visit Second Front System Website
Userguest Raises €2.2M for Hotel Tech
Userguest, a leader in hotel technology, has secured €2.2 million in seed funding. The company focuses on helping hotels boost direct revenue by offering innovative solutions. This funding will support their growth and development efforts, allowing them to enhance their offerings. The investment is a key milestone for Userguest as it aims to revolutionize how hotels manage and increase their direct bookings.
Starhive raises $3M seed for global growth
Sweden-based Starhive, a no-code app builder, has secured $3M in seed funding to fuel its global expansion efforts. The platform enables users to create apps without coding skills, making app development more accessible. This funding will help Starhive scale its operations, enhance its platform features, and reach a broader international audience. The investment reflects growing demand for no-code solutions in the tech industry.
HeyFlow Gets £235K from Aer Venture
HeyFlow, a company focused on improving female reproductive health in the workplace, has secured a £235,000 investment from Aer Venture Studios. This investment, the first from Aer Venture Studios’ new SaaS impact-driven venture arm, will support the development and enhancement of HeyFlow’s technology platform and employee insight product. With this funding, HeyFlow aims to expand its reach and impact by serving more enterprise clients, advancing its mission to address workplace disadvantages for women.
Centricity Secures $20M for GenAI Modules
Wealthtech startup Centricity has successfully secured $20 million in its seed funding round, with Lightspeed leading the investment. The funding, which amounts to approximately INR 166 crore, will be used to develop advanced Generative AI (GenAI) modules. The company, currently valued at $125 million, plans to use this capital to enhance its technology and expand its offerings. This investment highlights strong confidence in Centricity’s potential to innovate and grow in the wealthtech space.
Symphera Raises €2.5M for Surgery Tool
Symphera, a medtech startup based in Munich, has successfully raised €2.4 million in seed funding. The company focuses on transforming laparoscopic surgery by developing innovative solutions for tool-switching with the push of a button. This funding will support Symphera in enhancing its technology and expanding its impact on surgical procedures. The investment highlights growing confidence in Symphera’s approach to improving surgical efficiency and precision.
Reverion: $62M for Carbon-Negative Plants
Reverion, a German startup focused on developing reversible, carbon-negative power plants, has secured $62 million in Series A funding. This investment will support their efforts to build innovative power plants that capture more carbon than they emit, contributing to environmental sustainability. The funding includes non-dilutive capital, which helps the company grow without giving up equity. This significant financial boost will help Reverion advance their technology and expand their impact in the clean energy sector.
OpenAI Seeks $6.5B at $150B Valuation
OpenAI is reportedly negotiating to secure $6.5 billion in new funding, aiming for a pre-money valuation of $150 billion. This investment would significantly boost the company’s resources and market position. The talks are ongoing, with Bloomberg reporting the potential deal. This funding round reflects growing investor confidence in OpenAI’s future and its pivotal role in the AI industry.
LabLabee Secures $3.4M Seed for 5G & AI
Lyon-based edtech platform LabLabee, which focuses on hands-on training for future telecom networks, has raised $3.4 million in seed funding. This investment will support the company’s efforts to advance 5G, cloud, and AI technologies for telecommunications and related sectors. The funds will help LabLabee expand its platform and enhance its training offerings, aiming to drive innovation and adoption in these critical technology areas. The successful funding round positions LabLabee for significant growth and impact in the telecom industry.
