Author: Sally Kellerman

Hear Deel’s $14m winning pitch to A16z on TechCrunch Live

Deel’s timeline is impressive: Founded in 2018, entered YC and raised its seed round in 2019. In 2020, the company raised a Series A and Series B. In 2021, Deel raised its Series C and Series D for a total amount raised of $629 million since its founding. And on April 20, co-founder and CEO […]

Amenitiz gets $30M for SaaS it bills as ‘Shopify for hotels’

Barcelona-based Amenitiz, which sells software-as-a-service for streamlining the administration of independent hotels and B&Bs which it shorthands as ‘Shopify for hotels’, has closed a $30 million Series A a few months after it announced a $7.5M seed. The latest round is led by VC firm Eight Roads, with Chalfen Ventures and existing investors Point-Nine, Backed […]

Compt nabs $13M to make employee perks more personal

With white-collar workers settling into hybrid work arrangements — a legacy of the pandemic — companies are rethinking how they deliver corporate perks like transportation, cafeterias and gyms (much to the chagrin of some). As the concept of “the office” evolves, employers are being urged to offer flexible perks that can be tailored to the […]

Beamy lands $9M to help enterprises detect and manage their SaaS apps

Perhaps one of the strongest examples of software “eating the world,” as a prominent VC once put it, is the growth of the software-as-a-service (SaaS) industry. According to Statista, in 2021, the market for SaaS apps and services was worth roughly $145.5 billion — up from $120.7 billion in 2020. One source estimates that companies […]

SaaS demo platform Demostack raises $34M to expand to new markets

Demostack, a San Francisco, California-based startup creating a “demo experience” platform for software-as-a-service (SaaS) sales teams, today announced that it raised $34 million in a Series B round led by Tiger Global Management with participation from Bessemer Venture Partners, Amiti Ventures, GTMfund, Operator Collective, and StepStone. CEO Jonathan Friedman says that the proceeds will be […]

Consumer fintech trading revenues don’t measure up to SaaS ARR

After a lengthy period of experimentation, investors have decided that consumer fintech trading businesses are not SaaS companies, meaning that those fintech revenues should not be valued as if they were annual recurring revenue (ARR), the main product of software-as-a-service concerns. The point matters because a host of consumer fintech startups have raised capital, spent, […]

Why SaaS is bucking the venture slowdown

As the global startup market digests a changing valuation environment and climate for venture investment, not every sector is taking the same amount of damage. One is indeed faring better than the rest. It’s not the flashiest sector in startupland. Instead, it’s the tried-and-true software-as-a-service (SaaS) category that appears to be in the best shape […]

Freshflow is helping grocery retailers fight food waste

For years grocery retailers have been using data driven forecasting to help them predict demand to figure out which products to reorder to keep shelves stocked. That’s nothing new. But Berlin-based startup Freshflow is targeting a particular slice of this market: It’s built an AI-powered forecasting platform to help retailers optimize stock replenishment of fresh, […]

Ravio is bringing real-time data to the talent fight

UK-based Ravio reckons real-time data is the best way to arm businesses to win the global talent war. Its new-to-market compensation benchmarking tool lets users see how the compensation (wages and benefits) they offer their own staff compares to the market by pooling data across its employer customers (data is anonymized at the platform level) […]