Weekly Roundup - Week 49, 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.

Tractian, $120 Million, Series C

Tractian, an Atlanta, Georgia-based industrial management company specializing in Manufacturing AI, has raised $120 million in Series C funding. The round was led by Sapphire Ventures.

Source

Yurts, $40 Million, Series B

Yurts, a San Francisco, CA-based AI integration platform, has raised $40 million in Series B funding, bringing its total investment to $58 million. The round was led by XYZ Venture Capital.

Source

Lawhive, $40 Million, Series A

Lawhive, a London, U.K.-based legal tech startup that provides AI-powered SaaS solutions for smaller law firms, has raised $40 million in Series A funding. The round was co-led by GV (Google Ventures) and TQ Ventures

Source

HappyRobot, $15.6 Million, Series A

HappyRobot, a San Francisco, CA-based provider of AI-powered voice solutions for logistics, has raised $15.6 million in Series A funding. The round was led by Andreessen Horowitz (a16z).

Source

BRM, $15 Million, Series A

BRM, a San Francisco, CA-based AI-powered vendor management and procurement platform, has raised $15 million in Series A funding. The funding round was led by Caffeinated Capital.

Source

enSights, $10 Million, Series A

enSights, an Austin, Texas-based AI-powered clean energy optimization platform, has raised $10 million in Series A funding. The round was co-led by JAL Ventures and XT VC.

Source

Cake AI, $13 Million, Seed

Cake, a New York-based managed open-source AI infrastructure platform, has raised $13 million in seed funding. The round was led by Gradient, Google's early-stage AI fund.

Source

Pathway, $10 Million, Seed

Pathway, a Menlo Park, CA-based startup building "live AI" systems, has raised $10 million in seed funding. The round was led by TQ Ventures.

Source 

Pixeltable, $5.5 Million, Seed

Pixeltable, a San Francisco, CA-based cutting-edge AI data infrastructure platform, has raised $5.5 million in seed funding. The company also launched its open-source solution. The round was led by The General Partnership.

Source

Sightglass, $3 Million, Seed

Sightglass, a Portland, Oregon-based AI-powered investor relations platform for private markets, has raised $3 million in seed funding. The round was led by Base10 Partners.

Source

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 Sightglass to a whooping $120M for Tractian. Stay tuned for next week’s roundup on SaaS Insider.