Weekly Roundup - Week 47, 2024

This is a weekly feature that recaps the week's funding rounds for B2B SaaS companies. 

This week's investment trends point to growth in AI Assistant, Productivity and Workflow Automation. Let's examine the most recent fundraising rounds that are expanding potential applications.

Cyera, $300 Million, Series D

Cyera, a New York-based data security company, has raised $300 million in a Series D funding round, bringing its total funding to $760 million. The round was led by Accel and Sapphire Ventures.

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Zopper, $25 Million, Series D

Zopper, a Noida, India-based insurance technology company, has raised $25 million in Series D funding. The round was led by Elevation Capital and Dharana Capital.

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Lighthouse, $370 Million, Series C

Lighthouse, a London, UK-based commercial intelligence platform for the travel and hospitality industry, has secured approximately $370 million in Series C funding. The round was led by global investment firm KKR.

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Federato, $40 Million, Series C

Federato, a San Francisco, CA-based AI-native underwriting platform, has raised $40 million in a Series C funding round, bringing its total funding to $80 million. The round was led by StepStone Group.

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Prompt Security, $18 Million, Series A

Prompt Security, a Tel Aviv, Israel-based company specializing in generative AI (GenAI) security, has secured $18 million in Series A funding. The round was led by Jump Capital.

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Trustero, $10.35 Million, Series A

Trustero, a Palo Alto, CA-based provider of AI-powered security and compliance solutions, has raised $10.35 million in Series A funding. The round was led by Bright Pixel Capital.

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Zitadel, $9 Million, Series A

Zitadel, a San Francisco, CA-based open-source provider of cloud-native identity infrastructure, has raised $9 million in Series A funding. The round was led by Nexus Venture Partners.

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Wordware, $30 Million, Seed

Wordware, a San Francisco, CA-based company building an operating system for AI development, has raised $30 million in seed funding. The round was led by Spark Capital.

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BrightAI, $15 Million, Seed

BrightAI, a San Francisco, CA-based physical AI company, has emerged from stealth with a $15 million seed round. The round was led by Upfront Ventures.

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Citizen, $14.5 Million, Seed

Citizen Health, a San Mateo, CA-based AI-driven consumer health platform supporting individuals with rare and complex conditions, has raised $14.5 million in seed funding. The round was led by Transformation Capital.

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We hope you are now up to date on the latest funding rounds in the B2B SaaS space. This week we saw a round of $9M for Zitadel to a whooping $300M for Cyera. Stay tuned for next week’s roundup on SaaS Insider.