Weekly Roundup - Week 43, 2024
Oct 28, 2024
21/10/2024 - 27/10/2024
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, Healthcare AI Communication, and generative AI. Let's examine the most recent fundraising rounds that are expanding potential applications.
Zip, $190 Million, Series D
Zip, a San Francisco, CA-based AI-powered procurement orchestration platform, has raised $190 million in Series D funding, bringing its valuation to $2.2 billion. The round was led by BOND.
Infinitus Systems, $51.5 Million, Series C
Infinitus Systems, a San Francisco, CA-based AI healthcare company, has raised $51.5 million in Series C funding, bringing its total funding to $102.9 million. The company also launched its FastTrack AI copilot, designed to reduce call center inefficiencies, improve patient support, and enhance healthcare workforce productivity. The round was led by Andreessen Horowitz.
Concentric, $45 Million, Series B
Concentric AI, a San Mateo, CA-based company specializing in AI-driven solutions for autonomous data security posture management (DSPM), has raised $45 million in Series B funding. The round was led by Top Tier Capital Partners and HarbourVest Partners.
Nooks, $43 Million, Series B
Nooks, a San Francisco, CA-based AI platform that optimizes pipeline generation for sales teams, has raised $43 million in Series B funding, bringing total funding to $70 million. The round was led by Kleiner Perkins.
WarrCloud, $20 Million, Series B
WarrCloud, a St. Louis, MO-based automated warranty processing platform provider, has raised $20 million in Series B funding, bringing its total raised to $40 million. The round was led by Centana Growth Partners.
Fixify, $25 Million, Series A
Fixify, an Arlington, VA-based AI-powered IT help desk solution provider, has secured a $25 million Series A funding round. The round was co-led by Costanoa Ventures, Decibel Partners, and Paladin Capital Group.
Archy, $15 Million, Series A
Archy, a San Jose, CA-based provider of dental practice management software, has secured $15 million in Series A funding. The round was led by Entrée Capital.
Attention, $14 Million, Series A
Attention, a New York-based AI-powered platform transforming customer conversations into actionable insights, has raised $14 million in Series A funding. The round was led by Alven.
Paccurate, $8.1 Million, Series A
Paccurate, a New York-based packing intelligence platform for parcel shippers, has raised $8.1 million in Series A funding. The round was led by High Alpha.
Aether, $2.5 Million, Seed
Aether, a San Francisco, CA-based cutting-edge platform for rooftop solar, has raised $2.5 million in seed funding. The round was led by noa (formerly A/O).
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 $2.5M for Aether to a whooping $190M for Zip. Stay tuned for next week’s roundup on SaaS Insider.
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Written By - Paul Augustine, Founder's Office
