HomeSaaS NewsWeekly SaaS RoundupSaaS Weekly Roundup #37 – SaaS Funding Highlights for StormHarvester, Attentive.ai and...

SaaS Weekly Roundup #37 – SaaS Funding Highlights for StormHarvester, Attentive.ai 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
StormHarvester Automated Water Management Series A $10.2 Million
Attentive.ai AI-powered SaaS Series A $12 Million
Basetwo AI for Manufacturing Engineers Series A $11.5 Million
Teal AI-driven Career Platform Series A $7.5 Million
Mitiga Cloud & SaaS Security Solutions Series B $30 Million
Instabase Applied AI for Unstructured Data Series D $100 Million
Lanai AI Empowerment Platform Seed $10 Million
CapeZero Financial Workflow for Clean Energy Seed $2.6 Million
Cinareo Workforce Management Software Pre-Seed $1 Million
Arva AI AI Business Verification for Banks & Fintechs Seed $3 Million

StormHarvester Secures $10.2 Million in Series A

StormHarvester

StormHarvester, a company from Belfast, Ireland, that creates software for automated water management, has secured $10.2 million in Series A funding. This investment will help them improve their technology and expand their services. Their work focuses on smarter water usage and better infrastructure management.

Attentive.ai Raises $12 Million in Series A 

Attentive.ai

Attentive.ai, a SaaS startup from New Delhi, India, has raised $12 million in Series A funding through two rounds (A1 and A2). The company uses AI to make its software smarter and more efficient. This funding will help them grow and improve their AI-powered solutions.

Basetwo Secures $11.5 Million in Series A 

Basetwo

Basetwo, an AI platform from Toronto, Canada, designed for manufacturing engineers, has secured $11.5 million in Series A funding. Their platform helps engineers make better decisions and improve production processes. This funding will support their growth and further enhance their technology.

Teal Secures $7.5 Million in Series A 

Teal

Teal, an AI-driven career platform from Miami, Florida, has raised $7.5 million in Series A funding, increasing its total funding to $19 million. The platform helps job seekers manage their careers more effectively with personalized tools and guidance. This funding will help Teal expand its services and reach more users.

Mitiga Secures $30 Million in Series B 

Mitiga

Mitiga, a New York-based company, has raised $30 million to enhance its cloud and SaaS security solutions. They specialize in threat detection, investigation, and response to help businesses stay protected. This funding will support their growth and innovation in cybersecurity.

Instabase Secures $100 Million in Series D  

Instabase

Instabase, a San Francisco-based applied AI company, has raised $100 million in Series D funding. They specialize in managing unstructured data to help businesses process complex information efficiently. This funding will support their innovation and global expansion.

Lanai Raises $10 Million in Seed Round  

Lanai

Lanai, a Palo Alto-based company, has launched its AI empowerment platform and secured $10 million in seed funding. The platform aims to help businesses harness the power of AI for better decision-making. This funding will drive their growth and further platform development.

CapeZero Raises $2.6 Million in Seed Round 

Capezero

CapeZero, a Brooklyn-based company, has raised $2.6 million in seed funding to enhance its financial workflow platform for clean energy developers. The software helps streamline project management and funding processes in the renewable energy sector. This investment will support growth and platform improvements.

Cinareo Secures $1M in Pre-Seed Round 

Cinareo

Cinareo, a Toronto-based data analytics company, has raised $1 million in pre-seed funding. The funds will help develop its platform, which aims to deliver smarter data insights. This marks an important step in their journey to innovate in analytics.

Arva AI Secues $3 Million in Seed Round 

Arva

Arva AI, a San Francisco-based company, has secured $3 million in seed funding to enhance its AI-powered business verification solutions for banks and fintechs. Their platform helps financial institutions verify businesses more efficiently. This funding will support the company’s growth and product development.

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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