KEYWORD FOR AI REPORT: DocuSign, Seal Software, Toba Capital, Pony.ai, Qure.ai, LinkSquares, L1ight, Revl, Teikametrics,
- DocuSign will acquire Seal Software, a developer of AI-driven contract analytics services, for $188 million. Seal Software had raised approximately $58 million in funding from investors including Toba Capital.
- K Health, an NYC- and Tel Aviv, Israel-based AI-powered telemedicine company, closed a $48m series C funding.
- Pony.ai, a Fremont, Calif.-based autonomous driving startup, raised $462 million at a $3 billion valuation. Toyota led the round.
- Qure.ai, a San Francisco-based healthcare AI startup, raised $16 million in funding. Sequoia India led the round, and was joined by investors including MassMutual Ventures Southeast Asia.
- LinkSquares, a Boston-based provider of an AI-powered SaaS contract management and analysis tool, raised $14.5 million in Series A funding. Jump Capital led the round, and was joined by investors including First Ascent Ventures and existing investors MassMutual Ventures and Hyperplane Venture Capital.
- Tractable, a London, UK-based technology company developing AI for accident and disaster recovery, raised $25m in Series C funding.
- L1ght, an Israel-based anti-toxicity startup using AI to detect and filter harmful online content to protect children, raised $15 million in seed funding. Mangrove Capital Partners and Tribeca Venture Partners co-led the round, and were joined by investors including Western Technology Investment.
- Revl, a San Francisco-based camera and AI-powered video editing company, raised $5.5 million in Series A funding. Nimble Ventures led the round, and was joined by investors including Tuesday Capital, Silicon Valley Data Capital and Luma Pictures.
- Teikametrics, a Boston-based SaaS provider of AI-powered optimization for brands and sellers on Amazon and Walmart, raised $15 million in funding. Jump Capital led the round, and was joined by investors including Granite Point Capital, Jerry Hausman, and Ed Baker.
- Arize AI, a Berkeley, Calif.-based company built to solve production AI issues for businesses, raised $4 million in funding. Foundation Capital led the round, and was joined by investors including Trinity Ventures and Brett Wilson.
- Aisera, a Palo Alto, Calif.-based AI-driven platform to automate workflow, raised $20M in Series B funding. Norwest Venture Partners led the round, and was joined by investors including Menlo Ventures, True Ventures, Khosla Ventures, First Round Capital, Ram Shriram, and Maynard Webb Investments.
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.
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