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 you some major news from SaaS.
AccountsIQ Secures €60M Series C
AccountsIQ, the Leading cloud-based accounting platform announced today that it has obtained a €60 million Series C investment from growth equity firm Axiom Equity, which focuses on fast-growing B2B SaaS startups. With the help of AI developments, this investment will be utilized to improve the AccountsIQ platform and change the way finance operations are done in the future.
Mad Mobile Secures $50M Financing
Mad Mobile, is a leading innovator in restaurant and retail SaaS and payment solutions, has secured a $50 million financing deal. This funding, managed by Morgan Stanley Expansion Capital and Bridge Bank, will be strategically used to expand their SaaS and payment technologies. It will also help refinance existing debts, ensuring financial stability. Additionally, the funds will drive significant sales growth, enabling Mad Mobile to further solidify its market position.
Learn to Win Secures $30M Series A Funding
Learn to Win, a leader in personalized and predictive enterprise training software, announced that it has secured $30 million in an oversubscribed Series A Funding round. The Westly Group led this round, with ongoing assistance from Pear VC and Norwest Venture Partners. The funds will accelerate the scaling of Learn to Win’s innovative training platform, which is revolutionizing how people acquire critical knowledge in high-stakes environments.
Alexi Seeks Growth with $15M
Toronto’s legaltech startup, Alexi, has secured $15 million CAD ($11 million USD) in Series A financing to grow its team in the upcoming year. Alexi helps legal pros create top-notch memos, find key legal points, and automate tasks with AI. Their AI tech finds the best primary law for your query and organizes it into a research memo.
High Alpha Raises $125M Fund
High Alpha‘s announcement of raising $125 million for its fourth and largest fund signifies a significant milestone. This new fund, known as High Alpha IV, represents a strategic evolution for the company. It integrates the processes of company building and investing to offer comprehensive support to entrepreneurs and their ventures across North America. This move highlights High Alpha’s commitment to fostering entrepreneurship and driving growth in the region. The fund aims to empower startups and help them reach their full potential.
RemotiveLabs Raises €900K to Empowers Developers
RemotiveLabs, headquartered in Malmö, empowers automotive engineers with its lightweight and flexible development platform.Recently, the business closed a €900K second financing round. . This funding will accelerate RemotiveLabs’ transformative approach to Software Defined Vehicles, benefiting automotive software developers.
Farmbot Raises $4.6M for Water SaaS
Sydney’s agtech scale-up, Farmbot, has secured $4.6 million in an oversubscribed funding round, with support from existing shareholders Telstra and Macdoch Ventures. The funding will enable Farmbot to accelerate the development and deployment of its technology.With the help of this technology, farmers may automate pump management over great distances between properties and receive real-time reports on water levels.
Slovenian company SaleSqueze secures $1.5M in funding for automated sales solutions
SaleSqueze, a Slovenian platform specializing in sales management for manufacturers, has successfully secured $1.5 million in seed funding. This funding round was spearheaded by Underline Ventures and saw participation from Robin Capital, Fortech Investments, and several notable angel investors, including Super-Angels, Klub 20, Xenia Muntean, Christoph Zoeller, and Björn W. Schäfer.
Zeliq secures $10M in seed funding to automate sales management
SaaS company Zeliq has raised an additional $10M to expand into the US. Zeliq simplifies sales management by consolidating sales tools into one platform for targeted virtual sales, following six months of beta testing. The round, spearheaded by Exor Ventures and backed by Resonance VC, was significantly oversubscribed, bringing Zeliq’s total funding to $15.4M just one year after its launch.
Read More: SaaS Weekly Roundup #4 – SaaS Funding
