BETA: The Capitalization Report – SaaS v20.10.14


KEYWORDS: SAAS, Clearlake Capital Group,  ePreop, SenseHawk, Alpha Wave Incubation, Permira, Warburg Pincus, Dragoneer Investment Group, Durable Capital, Clearwater Analytics,  

Permira, Warburg Pincus, Dragoneer Investment Group and Durable Capital invested in Clearwater Analytics, a Boise, Id.-based SaaS provider of investment accounting and analytics. Financial terms weren’t disclosed.

HealthStream (Nasdaq: HSTM), a Nashville, Tenn.-based , acquired ShiftWizard, Inc., a Raleigh, North Carolina-based company focused on providing a SaaS-based solution that integrates key workforce management capabilities

Anchanto, a Singapore-based B2B software-as-a-service (SaaS) company specializing in eCommerce technology, raised S$16.6M in Series C funding

Observe Inc., a San Mateo, CA-based SaaS observability company emerged from stealth, raised $35m in Series A and debt funding

Quantum Metric, a Colorado Springs, CO-based SaaS platform for organizations to build digital products, secured up to $25m of debt capital from Silicon Valley Bank

Acesso Digital Tecnologia da Informação S.A., a São Paulo, Brazil-based software-as-a-service (SaaS) company, raised R$580 million (US$108m) in Series B financing

Virdee, an Austin, Texas-based SaaS company serving the lodging and commercial real estate industries, closed a $2M seed funding round

Carketa, a Pleasant Grove, Utah-based developer of the Carketa “Recon” SaaS app and Carketa “Condition Report,” closed a $1.375 M seed financing round

Capitolis, a SaaS platform that drives financial resource optimization for capital markets, completed a strategic investment from Citi, J.P. Morgan and State Street 

SaaS Ventures, a Maryland-based venture capital firm focused on investing in early stage enterprise technology companies in secondary markets throughout the U.S. and Canada, launched a second fund 

Provation, backed by Clearlake Capital Group, acquired ePreop, provider of SaaS solutions for surgery. Financial terms weren’t disclosed.

SenseHawk, a San Francisco-based SaaS company for developing  solar and other infrastructure sites, raised $5.1 million in Series A-1 funding. Alpha Wave Incubation led the round.

BETA: The Capitalization Report – SaaS v20.10.14


KEYWORDS: SAAS, Clearlake Capital Group,  ePreop, SenseHawk, Alpha Wave Incubation, Permira, Warburg Pincus, Dragoneer Investment Group, Durable Capital, Clearwater Analytics,  

Permira, Warburg Pincus, Dragoneer Investment Group and Durable Capital invested in Clearwater Analytics, a Boise, Id.-based SaaS provider of investment accounting and analytics. Financial terms weren’t disclosed.

HealthStream (Nasdaq: HSTM), a Nashville, Tenn.-based , acquired ShiftWizard, Inc., a Raleigh, North Carolina-based company focused on providing a SaaS-based solution that integrates key workforce management capabilities

Anchanto, a Singapore-based B2B software-as-a-service (SaaS) company specializing in eCommerce technology, raised S$16.6M in Series C funding

Observe Inc., a San Mateo, CA-based SaaS observability company emerged from stealth, raised $35m in Series A and debt funding

Quantum Metric, a Colorado Springs, CO-based SaaS platform for organizations to build digital products, secured up to $25m of debt capital from Silicon Valley Bank

Acesso Digital Tecnologia da Informação S.A., a São Paulo, Brazil-based software-as-a-service (SaaS) company, raised R$580 million (US$108m) in Series B financing

Virdee, an Austin, Texas-based SaaS company serving the lodging and commercial real estate industries, closed a $2M seed funding round

Carketa, a Pleasant Grove, Utah-based developer of the Carketa “Recon” SaaS app and Carketa “Condition Report,” closed a $1.375 M seed financing round

Capitolis, a SaaS platform that drives financial resource optimization for capital markets, completed a strategic investment from Citi, J.P. Morgan and State Street 

SaaS Ventures, a Maryland-based venture capital firm focused on investing in early stage enterprise technology companies in secondary markets throughout the U.S. and Canada, launched a second fund 

Provation, backed by Clearlake Capital Group, acquired ePreop, provider of SaaS solutions for surgery. Financial terms weren’t disclosed.

SenseHawk, a San Francisco-based SaaS company for developing  solar and other infrastructure sites, raised $5.1 million in Series A-1 funding. Alpha Wave Incubation led the round.

BETA: The Capitalization Report (new funds) v20.09.17


NOTE: This is a beta and we will be making changes over next few months with launch date of 01/01/2021 in mind

NEW FUNDS

Xfund, a Palo Alto, CA-based Cambridge, MA-based early-stage venture capital firm designed to back lateral thinkers, closed its newest investment vehicle, Xfund 3

Bitkraft Ventures, a San Francisco, CA-based venture capital firm, closed its new fund, at $165m

Owl Ventures, a San Francisco, CA-based education technology venture capital firm, closed  two new funds totalling $585m

Dallas Venture Partners has evolved and launched with a focus on the management of an evergreen fund investing in early stage and growth stage companies with cloud infrastructure, AI/ML, mobile and emerging technologies

SaaS Ventures, a Maryland-based venture capital firm focused on investing in early stage enterprise technology companies in secondary markets throughout the U.S. and Canada, launched a second fund

Questa Capital Management, a Washington, DC and San Francisco, CA-based venture growth equity firm dedicated to the healthcare industry, closed Questa Capital Partners II, LP, with $348m of capital commitment

DNX Ventures, a San Mateo, Calif.-based early-stage venture capital firm focusing on B2B startups in the US and Japan, closed its third $315m fund

Brightspark Capital, a Montreal and Toronto, Canada-based venture capital firm, held the third close of its new Brightspark Canadian Opportunities Fund (BCOF) with commitments of $60m

Wix.com, Ltd., a Tel Aviv, Israel-based global website creation company, launched Wix Capital, its own venture capital arm

Hetz Ventures, a Tel Aviv, Israel-based venture capital firm for early-stage investments, closed its second flagship fund, at $77m

Panasonic Corporation announced today the launch of Conductive Ventures II, with a commitment of $150m

Superhero Capital, a Helsinki, Finland-based venture capital firm, held the first close of its second fund, at €30M

Greenfield Partners, a Tel Aviv, Israel-based investment firm, closed a $150m fun

Dawn Capital, a European venture capital firm dedicated to B2B software, closed Dawn IV, at €333m

GI Partners, a San Francisco, CA-based private investment firm, closed its inaugural Data Infrastructure Fund, which totaled $1.8 billion in commitments from a broad group of investors

More coming soon!

BETA Capitalization Report v20.05.04


KEYWORDS: Apollo Global Management, Advent International, The Blackstone Group, HealthpointCapital, Spectrum Equity, Cinven, KPS Capital Partners, Warburg Pincus, General Atlantic

NEW FROM EDITOR: Look for good news on May 7th!  Our LinkedIn group “Sell Your Company” will be changing it name soon as it reaches 9,983 members.  Please join us with M&A news at the following URL: https://www.linkedin.com/groups/2593533/

PRIVATE EQUITY NEWS:

  • Apollo Global Management is investing $300 million in Cimpressan Irish printing services provider. Financial terms weren’t disclosed.
  • Blackstone acquired a near 7% stake in Energy Transfer, a transporter of natural gases and crude oils, including shares held by Harvest Fund Advisors, per Bloomberg citing sources. Financial terms weren’t disclosed.
  • HealthpointCapital acquired IlluminOss Medicalan East Providence, RI-based provider of technologies for fracture repairs.
  • Cinven and Advent, the private equity firms behind planned Europe’s largest deal in a decade, are seeking other investors to help them pay for the €17.2 billion acquisition for Thyssenkrupp’s elevator business, per the Financial Times citing sources.
  • KPS Capital Partners agreed to acquire Lufkin, a Missouri City, Texas-based maker of rod lift products, from Baker Hughes (NYSE: BKR).  Financial terms weren’t disclosed.
  • Ocean Link, Warburg Pincus, and General Atlantic have offered to buy 58.com, a Chinese classified ads marketplace, for roughly $8.2 billion.
  • AE Industrial Partners acquired Adcole Maryland Aerospace, a Marlborough, Mass.-based provider of satellite components. Financial terms weren’t disclosed.
  • Spectrum Equity invested in OurFamilyWizard, a Minneapolis, Minn.-based co-parenting application. Financial terms weren’t disclosed.
  • Vander-Bend Manufacturing, a portfolio company of Aterian Investment Partners, acquired TMK Manufacturing, a Santa Clara, Calif.-based specialty prototyping and precision machining provider. Financial terms weren’t disclosed.
  • Macquarie Capital Principal Finance ​acquired a majority stake in Multifuels Midstream Group, a Houston-based operator of lateral natural gas pipelines and related infrastructure in the U.S. Financial terms weren’t disclosed.
  • MPK Equity Partners and Princeton Equity Group invested in Restoration 1, a Waco, Texas-based property restoration company and sister brand Bluefrog Plumbing + Drain, a plumbing franchise.
  • Warburg Pincus invested in Polyplus-transfection SA, a Illkirch, France-based, developer of gene and cell therapies, alongside the existing majority shareholder, ArchiMed. Financial terms weren’t disclosed.

Contact us about our search for funding EBITDA growth companies.  The Capitalization Report is still under beta and we hope to provide a more regular report in the near future.

 

 

 

BETA Capitalization Report v04.04.27


KEYWORDS: Enov0, Goodpath, Nuvocargo, SingleOps, Qnergy, OpenInvest, Fishtown Analytics, Digits, LifeSprout, Brain Corp, The Closing Exchange, 

FROM EDITOR:  Good news is that deals are closing and we will try to profile them here as we develop our Report for our readers.

  • Env0, a San Francisco, CA-based provider of a self-service cloud management platform for infrastructure as code (IaC) architecture, raised $3.3m in seed funding

  • Goodpath, a Cambridge, Ma.-based telehealth startup focused on  improve helping people managing common health conditions, raised $4m in seed funding

  • Nuvocargo, a New York and Mexico City, Mexico-based digital freight forwarder and customs broker for U.S./Mexico trade, raised $5.3M in seed funding

  • SingleOps, an Atlanta, Ga.-based SaaS business management software for outdoor services companies, raised $6m in funding

  • Qnergy, an Ogden, Utah-based provider of solutions for methane emissions mitigation, raised $10M in Series B financing

  • OpenInvest, a San Francisco, CA-based tech-enabled asset manager that provides customization, direct indexing, and ESG investing at scale, completed a $10.5m Series A1 round of strategic financing

  • Fishtown Analytics, a Philadelphia Pa.-based provider of an open-source data engineering platform, raised $12.9m in Series A funding

  • Digits, a San Francisco, California-based fintech startup, is coming out from stealth mode with $22m in Series B funding

  • LifeSprout, a Baltimore, Md.-based regenerative medicine company founded with technology licensed from Johns Hopkins University, closed a $28.5m Series A financing

  • Brain Corp, a San Diego, CA-based AI company creating core technology in the robotics industry, raised $36m in Series D funding

  • Miro, a San Francisco, CA-based provider of a digital whiteboard for distributed teams, raised $50m in Series B funding round

  • The Closing Exchange, a Long Beach, CA-based dynamic vendor management and signing services company, received a multi-million-dollar investment from Decathlon Capital Partners (read here)

  • Medallia, Inc. (NYSE: MDLA), a  San Francisco, Calif.-based global leader in experience management, is to acquire Voci Technologies, a provider of a real-time speech to text platform, for $59m

COVID-19 Action Report


Provided is a list of activities and companies that are trying to solve the COVID-19 (virus).

FYI: As more testing is being done we will see a change in the data, however, we are always happy to report that 84,557 have been reported as recovered.

Great Data: https://coronavirus.jhu.edu/map.html

ACTION

StartX, a non-profit startup community of more than 1500 Stanford faculty and alumni founders, has launched its StartX Med COVID-19 Task Force

iBio, Inc. (NYSE AMERICAN:IBIO), a biologics contract manufacturing organization and biotechnology company, announced its progress towards developing vaccine candidates for preventing infection from the SARS-CoV-2 virus that causes the COVID-19 coronavirus disease

GeoVax Labs, Inc. (OTC: GOVX), an Atlanta, GA-based biotechnology company developing human immunotherapies and vaccines against infectious diseases and cancer, provided an update on its development of a vaccine for prevention/control of novel coronavirus disease (COVID-19) caused by SARS-Cov-2 coronaviru

Roche begins Phase III clinical trial of Actemra/RoActemra in hospitalized patients with severe COVID-19 Pneumonia

More coming soon!

 

BETA: The Capitalization Report v20.02.26 SaaS


KEYWORDS: SaaS, LinkSquares, Teikametrics, Whatfix, Envisage Technologies, Talage, SimScale, Oxx, The Polaris Growth Fund, TransACT Communications, Jump Capital, WorkLife Ventures, Union Square Ventures, Craft Ventures, Sequoia Capital India, Eight Roads Ventures,

RECENTLY FUNDED SAAS DEALS

  • LinkSquares, a Boston, MA-based provider a comprehensive AI-powered SaaS contract management and analysis tool, raised $14.5m in Series A financing led by Jump Capital.
  • Pipe, a Los Angeles-based financing platform for SaaS companies, raised $6 million in seed funding. Craft Ventures led the round and was joined by investors including Fika Ventures, MaC Ventures, Naval Ravikant, WorkLife Ventures, Liquid2, and The Weekend Fund. 
  • Teikametrics, a Boston, MA-based SaaS provider of AI-powered optimization for brands and sellers on Amazon and Walmart, closed a $15m strategic funding.
  • Whatfix, a San Jose, Calif.-based SaaS platform for digital adoption, raised $32 million in Series C funding. Sequoia Capital India led the round and was joined by investors including Eight Roads Ventures, F-Prime Capital, and Cisco Investments.
  • Envisage Technologies, a Bloomington, Indiana-based SaaS provider of public safety training and compliance management systems, received a growth equity investment from Norwest Venture Partners.
  • Talage, a Reno, Nevada-based SaaS-based digital insurance platform, raised $5 million in Series A funding. Merus Capital led the round, and was joined by investors including Calibrate Ventures, WTI and Hallador Investment Advisors.
  • Huntress, a Ellicott City, Md.-based SaaS managed detection and response (MDR) provider for managed service providers (MSPs) and value-added resellers (VARs), raised $18m in Series A funding.
  • Rimilia, a U.K.-based SaaS-based fintech company, raised $15 million in funding. Investors include Eight Roads Ventures, Kennet Partners, and Silicon Valley Bank.
  • TransparentBusiness, a NYC-based provider of a SaaS people management platform, completed its second round of financing.
  • Attentive, a personalized mobile messaging SaaS platform for brands, raised $70 million in Series C funding. Sequoia and IVP co-led the round, and were joined by investors including Eniac Ventures and NextView Ventures.
  • SimScale, a Germany-based provider of a SaaS application for engineering simulation, today raised €27 million ($29.8 million) in Series C funding. Insight Partners led the round, and was joined by investors including Earlybird, Union Square Ventures, June Fund, Vito Ventures, Bayern Kapital, and High-Tech Gründerfonds. 
  • Powell Software, a digital workplace and intranet SaaS software provider, raised $16 million in funding. Level Equity and Cap Horn co-led the round.

OTHER SAAS DEAL NEWS

  • Oxx, a London, UK, and Stockholm, Sweden-based focused B2B software investor, raised $133m to back Europe’s most promising SaaS companies from series A and beyond
  • The Polaris Growth Fund made an investment in TransACT Communications, a Lynwood, Wash-based SaaS provider of engagement, compliance and payment solutions for the education market. Financial terms weren’t disclosed.

SAAS DEAL PRESS RELEASE

LinkSquares Secures $14.5 Million in New Financing Led by Jump Capital

Best-in-class AI-powered contract management tool will accelerate new functionality for in-house legal

BOSTON–(BUSINESS WIRE)–LinkSquares, provider of the fastest and most comprehensive AI-powered SaaS contract management and analysis tool, today announced it has raised $14.5 million in Series A financing led by Jump Capital. New investor First Ascent Ventures and existing investors MassMutual Ventures and Hyperplane Venture Capital also participated in the round. The company has raised $21.4 million to date, and will use the financing to expand its engineering, sales and product teams, as well as build out its solution portfolio.

Read the full press release:

https://www.businesswire.com/news/home/20200226005444/en/LinkSquares-Secures-14.5-Million-New-Financing-Led

Continue reading “BETA: The Capitalization Report v20.02.26 SaaS”