Category: SaaS

When robotic process automation company UiPath filed to go public in March 2021, the startup had just closed a $750 million round that helped it clinch a $35 billion valuation. Although its initial IPO price range was slightly below that figure, post-debut, it bounced back to a $43 billion valuation at $90 per share. As […]

Lumos, a startup that wants to provide an end-to-end solution for enterprises to manage all of the SaaS apps their employees use, is coming out of stealth today. The company plans to take on the SaaS management market by combining security features like role-based access control that IT departments need with the self-service capabilities that […]

Toplyne founders Ruchin Kulkarni, Rohit Khanna and Rishen Kapoor For product-led growth companies (PLG), the perennial question is: how do we get non-paying customers to subscribe? Then the second question is: how do we get paying customers to move to higher tiers? Toplyne wants to help by automating the process of identifying promising leads and […]

Much of the grocery focus over the past three years has been around online adoption, but as long as 90% of U.S. grocery sales still happen in stores, companies like Clerk want to bring some digitization to the brick-and-mortar grocery experience. CEO Marlow Nickell founded Austin-based Clerk in 2016, and while he saw Amazon and […]

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 […]

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 […]

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 […]

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, […]