HomeSaaS NewsWeekly SaaS RoundupSaaS Weekly Roundup #28 – SaaS Funding Highlights for Taqtics, Prompt Security...

SaaS Weekly Roundup #28 – SaaS Funding Highlights for Taqtics, Prompt Security 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 Funding Amount
Taqtics SaaS (Store Operations Seed $1.2M
Prompt Security AI Security Series A $18M
Citizen Health AI Health Care Seed $14.5M
Eden AI AI Integration Platform Seed €3M
Cyera Data Security Series D $300M
Zopper Insurance Technology Series D $25M
Lighthouse Commercial Intelligence (Travel) Series C $370M
Podium Cloud Platform Series A-1 $20.4M
Taito.ai AI Employee Performance Management Seed €2.5M
Odoo ERP Software Funding €500M
Kodiak Hub SRM (AI Procurement) Funding €6M
Goodstack SaaS & FinTech Series A £22M

Taqtics Secures $1.2M Seed Funding

Taqtics

Taqtics, a SaaS platform, focuses on simplifying store operations for businesses. It recently raised $1.2 million in seed funding. The round was led by Sprout Venture Partners and Capital-A, with Java Capital also participating. The funding will help enhance its offerings and expand its reach. This support highlights the platform’s potential in transforming retail operations.

Prompt Security Raises $18M in Series A

Prompt Security

Prompt Security, based in Tel Aviv, Israel, specializes in generative AI (GenAI) security solutions to protect AI systems from emerging threats. The company has raised $18 million in its Series A funding round. This investment will support the development of advanced security measures for AI technologies, helping businesses mitigate risks associated with GenAI.

Citizen Health Raises $14.5M in Seed

Citizen Health

Citizen Health, based in San Mateo, CA, has raised $14.5 million in seed funding to enhance its AI-driven platform for supporting people with rare and complex health conditions. The company aims to use AI technology to provide personalized care and resources for patients facing unique health challenges. This funding will help scale their platform and improve access to specialized health support.

Eden AI Secures €3M in Seed Funding

Eden AI

Eden AI, based in Lyon, France, has raised €3 million in seed funding to transform how businesses integrate AI into their operations. The company aims to simplify AI adoption for companies, helping them leverage the technology effectively. The investment will support Eden AI’s mission to provide businesses with accessible, scalable AI solutions.

Cyera Raises $300M in Series D Funding

Cyera

Cyera, a New York-based data security company, has successfully raised $300 million in its Series D funding round, bringing its total funding to $760 million. This investment will help the company enhance its data protection platform, which helps businesses secure sensitive information. With this capital, Cyera aims to expand its reach and further innovate in the rapidly growing data security space.

Zopper Raises $25M in Series D Funding

Zopper

Zopper, an insurance technology company based in Noida, India, has raised $25 million in Series D funding to enhance its platform. The company focuses on providing digital insurance solutions, helping users compare and purchase insurance products easily. This funding will support Zopper’s expansion and its goal to make insurance more accessible and efficient through technology.

Lighthouse Secures $370M in Series C

LightHouse

Lighthouse, a commercial intelligence platform for the travel and hospitality industry based in London, UK, has raised approximately $370 million in Series C funding. This investment will help expand its platform, which provides businesses with valuable data and insights to optimize operations. The funding aims to accelerate growth and enhance Lighthouse’s services for the rapidly evolving travel and hospitality sectors.

Podium Raises S$20.4M in Series A-1

Podium

Podium, a cloud platform based in Singapore, has raised S$20.4 million in the first close of its Series A-1 funding round. The platform focuses on streamlining the design-to-supply process for building production, helping companies improve efficiency. 

Taito.ai Raises €2.5M in Seed Round

Taito

Taito.ai, a Helsinki-based AI-driven platform focused on employee performance management, has raised €2.5 million in seed funding. The platform aims to help businesses enhance their workforce efficiency by using AI to track and optimize employee performance. This funding will support Taito.ai’s growth and expansion of its innovative solutions for improving talent management.

Odoo Raises €500M, Valuation Hits €5B

Odoo

Odoo, based in Louvain-la-Neuve, Belgium, offers integrated business software that helps companies streamline operations. The company has successfully raised €500 million in funding, bringing its valuation to €5 billion. This investment will help Odoo further develop its cloud-based ERP solutions, enhancing its capabilities for businesses of all sizes.

Kodiak Hub Secures €6M for AI Procurement

Kodiak

Kodiak Hub, based in Stockholm, is a supplier relationship management (SRM) platform that recently secured €6 million in funding. The investment, led by Oxx, will support Kodiak Hub’s expansion into the US market and enhance its commercial and data teams. Additionally, the funding will help accelerate the development of its AI-driven data analytics tool, aimed at improving procurement processes.

Goodstack Secures £22M Led by General Catalyst

Goodstack

Goodstack, a global SaaS and FinTech platform, specializes in embedding purpose into business operations. The company has closed a £22 million Series A funding round, which will help further its mission to integrate meaningful business practices into financial technology. The funds will be used to expand its services and enhance its platform’s capabilities 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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