Weekly Roundup - Week 48, 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.

LogicMonitor, $800 Million

LogicMonitor, a Santa Barbara, CA-based provider of a SaaS-based hybrid observability platform, has secured an $800 million strategic investment. The investment came from a consortium of investors, including PSG, Golub Capital, and others which values the company at approximately $2.4 billion, including debt.

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Eon, $70 Million, Series C

Eon, a New York-based next-generation cloud backup platform, has raised $70 million in a Series C funding at a $1.4 billion valuation. The round was led by BOND.

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OneRail, $42 Million, Series C

OneRail, an Orlando, Florida-based last-mile delivery solutions provider, has raised $42 million in a Series C funding round, bringing its total funding to $109 million. The round was led by Aliment Capital.

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9fin, $50 Million, Series B

9fin, a London, UK-based AI-powered analytics platform for debt capital markets, has raised $50 million in Series B funding. The round was led by Highland Europe.

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Constrafor, $264 Million, Series A

Constrafor, a New York-based software provider for the construction industry, has raised $264 million Series A funding round. The round includes $14 million in equity, led by NFX, and a $250 million credit facility from Wafra and Crestline Investors. 

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Vooma, $13 Million, Series A

Vooma, a San Francisco, CA-based AI platform designed for freight brokers and carriers of all sizes, has raised $13 million in Series A funding. The round was led by Craft Ventures.

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Teachy, $7 Million, Series A

Teachy, a Rio de Janeiro, Brazil-based AI-powered platform for educators, has raised US$7 million in Series A funding. The round was led by Goodwater Capital.

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bananaz, $5 Million, Seed

bananaz, a Tel Aviv, Israel-based design change management platform for R&D and engineering teams, has emerged from stealth mode with $5.3 million in seed funding. The investment was made by 10D and Cardumen Capital. 

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Osyte, $4 Million, Seed

Osyte, a Seattle, Washington-based AI-powered multi-asset portfolio management technology, has raised $4 million in seed funding. The round was led by Moneta Ventures.

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Stackfix, $3 Million, Seed

Stackfix, a London, UK-based AI-powered software comparison platform, has secured $3 million in seed funding. The round was led by Chalfen Ventures.

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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 $3M for Stackfix to a whooping $800M for LogicMonitor. Stay tuned for next week’s roundup on SaaS Insider.