HomeSaaS NewsWeekly SaaS RoundupSaaS Weekly Roundup #36 – SaaS Funding Highlights for Borderless AI, Eve...

SaaS Weekly Roundup #36 – SaaS Funding Highlights for Borderless AI, Eve 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.

Product Name Category Funding Type Funding Amount
Borderless AI HR Software Seed Extension $5 million
Eve AI Platform for Law Firms Series A $47 million
Guidesly Booking Software Series A $9.5 million
TreZix SaaS Platform (EXIM Operations) Seed $2 million
Prophecy Data Integration and Transformation Series B1 $47 million
BforeAI Cybersecurity Software Series B $10 million
Netradyne Fleet Management Software Series D $90 million
Hyperline Billing and Invoicing Software Seed Extension $10 million
Lyteflo Electric Vehicle Solutions Seed $3 million
Hypefy Influencer Marketing Platform Seed €1.7 million

Borderless AI Secures $5M in Seed Extension

Borderless AI

Borderless AI, an HR software company based in Toronto, Canada, has secured a $5 million seed extension. This funding increases its total to $32 million. The investment will help enhance its innovative HR solutions and drive further growth.

Eve Secures $47 Milion in Series A

Eve

Eve, an AI platform tailored for plaintiff law firms and based in San Francisco, CA, has secured $47 million in Series A funding. This investment will support the development of advanced tools to streamline legal processes. It marks a significant step in enhancing efficiency for law firms.

Guidesly Secures $9.5 Million in Series A 

Guidesly

Guidesly, a software platform for outdoor recreation guides based in Buffalo, New York, has raised $9.5 million in Series A funding. This funding will help expand its services and enhance tools for connecting guides with enthusiasts. It’s a big move to support the outdoor recreation community.

TreZix Secures $2 Million in Seed Round 

Trezix

TreZix, a Mumbai-based startup, has secured $2 million in seed funding to advance its SaaS platform for export-import (EXIM) operations. The platform aims to simplify and streamline global trade processes for businesses. This funding will support TreZix in expanding its reach and enhancing its solutions.

Prophecy Secures $47 Million in Series B1 

Prophecy

Prophecy, a data copilot company from Palo Alto, CA, focuses on simplifying data integration and transformation processes. The company recently raised $47 million in Series B1 funding. This investment will support Prophecy in enhancing its platform and driving innovation in data management solutions.

BforeAI Secures $10 Million in Series B  

BforeAI

BforeAI, a New York-based company, offers predictive attack intelligence and digital risk protection solutions to help businesses stay ahead of cyber threats. It has secured $10 million in Series B funding. This funding will fuel the company’s efforts to enhance its technology and expand its market reach.

Netradyne Secures $90 Million in Series D 

Netradyne

Netradyne, based in San Diego, CA, develops SaaS solutions focused on AI and edge computing to enhance driver and fleet safety. The company has raised $90 million in Series D funding. This investment will support further innovation and expansion of its advanced AI-powered safety systems.

Hyperline Raises $10M in Seed Extension 

Hyperline

Hyperline, a revenue management startup with offices in Paris and London, focuses on providing flexible solutions for businesses to optimize their revenue streams. The company has secured $10 million in a seed extension round. This funding will drive innovation and help expand its market presence.

Lyteflo Secures $3 Million in Seed Round

Lyteflo

Lyteflo, based in Toronto, Canada, specializes in providing innovative merchandising solutions for electric vehicles (EVs). The company recently secured $3 million in seed funding to fuel its growth. This investment will help Lyteflo enhance its offerings and expand its reach in the EV market.

Hypefy Raises €1.7 Million in Seed Round 

Hypefy

Hypefy, an AI-driven influencer marketing platform based in Zagreb, Croatia, has secured €1.7 million in seed funding. This funding will support the platform’s efforts to connect brands with influencers more effectively using advanced AI tools. Hypefy aims to simplify and enhance influencer campaigns for businesses worldwide.

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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