Top 10 SaaS Capital Raises in the U.S. – October 16th-31st, 2024
Several interesting transactions closed in the SaaS sector over the past two weeks. If you would like more info on these deals or would like to discuss the capital raising market for your company, please contact me.
Merger/Acquisition and Corporate
1. Network Capacity Solutions, developer of mission-critical network inventory management software designed for the global connectivity industry was acquired by Connectbase. This acquisition expands the Connected World offerings and provide unparalleled depth and precision to the global connectivity market for providers leveraging the platform.
2. Ocurate, developer of customer value prediction software designed to empower brands to focus on the right customer by predicting value and affinity was acquired by FenixCommerce.
3. Pronto, developer of an ecosystem management platform designed to support the entire partner lifecycle easily was acquired by Atheer. This acquisition combines Atheer’s connected worker platform with the company’s expertise in managing complex partner ecosystems, creating the first solution in the industry capable of supporting Service Network Operations both inside and outside the company.
Later Stage VC
4. PushPress, developer of a gym management software designed to help gyms grow faster raised $20 million of Series B venture funding in a deal led by Altos Ventures. This investment allows PushPress to accelerate impactful solutions for gym owners in an underserved market even more rapidly.
5. iTrust Pro, developer of a business management platform designed for lead generation raised $250,000 of venture funding.
Early Stage VC
6. Fixify, developer of an information technology (IT) help desk application designed to reduce waiting time and ticket queues raised $25 million of Series A venture funding in a deal led by Decibel Partners, Paladin Capital Group and Costanoa Ventures.
7. Opus Guard, developer of a content retention manager designed to simplify information governance across all SaaS products raised an undisclosed amount of venture funding from Atlassian Ventures.
Angel, Seed, and Grant
8. Matia, developer of a workflow management platform designed to offer effortless data management raised $10.5 million of seed funding in a deal led by Secret Chord and Leaders Fund. The funds will be used to expand the company’s engineering and product teams, enhance platform capabilities, and support go-to-market strategies.
9. SocialCrowd, developer of an automated employee incentive platform designed to optimize the labor force through data and automation raised $4 million through a combination of Seed funding from VC 414, Bread & Butter Ventures, Serac Ventures and other investors.
10. Skipper, developer of a browser management tool designed to organize digital information raised $1.8 million of pre-seed funding.
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Please contact me if you have any questions or would like to discuss your capital raise:
Email: jspaulding@castleplacement.com
(C) (917) 475-6679
Sources: Information on this page was derived from a variety of sources including Bloomberg, Company Websites, Crunchbase, PitchBook and other news outlets. Castle Placement™ does not warrant or guarantee this information, nor makes any representations as to the accuracy of the information. For more Risks, see CPGO Risks and Disclaimers.
