HomeSaaS NewsWeekly SaaS RoundupSaaS Weekly Roundup #22 – SaaS Funding Highlights for Spry Therapeutics, Cyrisma...

SaaS Weekly Roundup #22 – SaaS Funding Highlights for Spry Therapeutics, Cyrisma and More.

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 Funding Type Amount
Spry Therapeutics Healthcare SaaS Equity Funding $15 million
Yale Public Safety Equity Funding $27 million
Cyrisma Risk Management Equity Funding $7 million
Prime Security AI-driven Security Equity Funding $6 million
Lendbuzz FinTech Securitization $262 million
ZenStatement Finance Automation Seed Funding $1.62 million
Frammer AI Media SaaS Seed Funding $2 million
Figr Product Design Equity Funding $2.25 million
Unified.to API Integration Pre-seed Funding $1.1 million
Josys SaaS Management Venture Debt $100 million

 

SaaS Startup Raises $15M, Enters US Healthcare

Spry

Spry Therapeutics, a SaaS startup providing software solutions for physical healthcare centers, has raised $15 million in funding. This investment will support the company’s growth and expansion efforts. Spry aims to enhance healthcare services through its technology. The funding will also help broaden its presence in the U.S. healthcare market. Overall, this marks a significant step forward for Spry Therapeutics’ development.

Yale Alumni Secure $27M for AI Safety Platform

Yale

Yale graduates have raised $27 million in funding for their AI-driven public safety platform. The platform uses artificial intelligence to enhance public safety measures and streamline emergency response. It aims to improve efficiency in monitoring and managing safety incidents. The funding will support further development and expansion of the technology. This investment highlights the growing interest in AI solutions for public safety.

Cyrisma raises $7M for risk management platform

CYRISMA

Cyrisma, a risk management platform, has secured $7 million in funding to enhance its services. The company focuses on helping organizations identify and mitigate cybersecurity risks. This funding will support product development and expand its market reach. Cyrisma aims to improve risk management practices across various industries. The investment highlights growing demand for robust cybersecurity solutions.

Prime Security secures $6M for AI-driven design security

Prime Security

Prime Security has raised $6 million in funding to advance its AI-driven security solutions. The company focuses on integrating security measures at the design stage of product development. This approach aims to prevent vulnerabilities before they reach production. The funding will help accelerate the growth of their platform and expand its capabilities. The goal is to enhance overall cybersecurity in various industries.

Lendbuzz announces $262M securitization

Lendbuzz

Lendbuzz, an AI-driven FinTech company, has successfully completed a $262 million asset-backed securitization. This financial maneuver enables Lendbuzz to convert its receivables into cash, improving liquidity. The securitization supports the company’s growth strategy, allowing for increased lending capabilities. It reflects confidence in Lendbuzz’s business model and asset quality. Overall, this move positions Lendbuzz for further expansion in the competitive FinTech market.

ZenStatement secures $1.62M seed funding.

Zenstatement

ZenStatement, a startup focused on finance automation and cash flow management, has successfully raised $1.62 million in seed funding. The funding round was led by Bengaluru-based venture capital firm 3One4 Capital, alongside early-stage investor Boldcap VC. This capital will support ZenStatement in enhancing its platform and expanding its market reach. The startup aims to simplify financial processes for businesses, improving their cash flow management. With this funding, ZenStatement is poised to innovate in the finance automation sector.

Lumikai leads $2M investment in Frammer AI

Frammer AI

Frammer AI, a media SaaS platform, has successfully raised $2 million in a seed funding round. The investment was led by Lumikai, a venture capital firm focused on media and entertainment startups. This funding will enable Frammer AI to enhance its product offerings and expand its market presence. The platform aims to provide innovative solutions tailored for the media industry. With this financial boost, Frammer AI is poised for growth and development in the competitive SaaS landscape.

Figr raises $2.25M from Kalaari Capital

Figr

Figr, a product design startup, has successfully raised $2.25 million in funding led by Kalaari Capital. This investment aims to enhance Figr’s design capabilities and expand its service offerings. The startup focuses on creating innovative design solutions for various industries. With this funding, Figr plans to accelerate its growth and strengthen its market presence. The support from Kalaari Capital underscores confidence in Figr’s potential to transform product design.

Founders raise $1.1M for Unified.to API.

Unified.to

The Toronto-based startup Unified.to has secured $1.1 million CAD in pre-seed funding. The funding aims to assist AI SaaS companies in launching API integrations more efficiently. By providing a unified API software platform, Unified.to simplifies access to necessary integrations for various AI applications. This initiative targets developers working on AI solutions, including bots and automation tools. The founders, returning to the startup scene, aim to enhance the integration process within the rapidly evolving AI landscape.

Josys secures $100M in venture debt.

Josys

Josys, a SaaS management platform, has raised $100 million in venture debt to enhance its services. The funding aims to streamline IT operations for businesses, making management more efficient. This capital injection will support the development of new features and capabilities. With this investment, Josys aims to strengthen its market position and cater to growing demands in IT management. The funding reflects investor confidence in the company’s potential for growth and innovation.

Read More: Top 10 Popular SaaS Marketing Blogs in 2024

Lakshmi
Lakshmi
Lakshmi a content writer with a background in engineering combines technical expertise with creative writing skills to produce engaging and informative content on topics related to engineering principles, and softwares. Her unique blend of knowledge allows her to translate complex technical concepts into accessible content for various audiences.
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