Weekly Roundup - Week 44, 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.

Insider, $500 Million, Series E

Insider, a New York-based AI-driven omnichannel experience and customer engagement platform, has raised $500 million in Series E funding. The round was led by General Atlantic.

Source

Neara, $31 Million, Series C

Neara, a Sydney, Australia-based AI-driven predictive modeling platform for critical infrastructure, has raised $31 million in Series C funding. The round was led by EQT.

Source

HOMEE, $12 Million, Series C

HOMEE, a Tampa, Florida-based AI-driven direct repair network for the property and casualty insurance industry, has secured $12 million in Series C, bringing its total capital raised to over $75 million. The round was led by W.R. Berkley Corporation.

Source

Read AI, $50 Million, Series B

Read AI, a Seattle, WA-based AI productivity startup, has raised $50 million in Series B funding. The round was led by Smash Capital. 

Source

Tabs, $25 Million, Series A

Tabs, a New York-based revenue automation platform for B2B businesses, has secured $25 million in Series A funding. The round was led by General Catalyst, with participation from Primary Ventures and Lightspeed. 

Source

Modash, $12 Million, Series A

Modash, an Estonia-based company that provides an influencer marketing platform, has secured $12 million in Series A funding. The round was led by henQ.

Source

Authologic, $8.2 Million, Series A

Authologic, a Warsaw, Poland-based global digital identity verification platform, has raised $8.2 million in Series A funding.  The round was led by OpenOcean. 

Source

Sapien, $8.7 Million, Seed

Sapien, a San Francisco, CA-based company building autonomous AI coworkers for financial analysis, has raised $8.7 million in seed funding. The round was led by General Catalyst.

Source 

Hotglue, $4 Million, Seed

Hotglue, a Washington, DC-based B2B SaaS provider of embedded integrations, has raised $4 million in seed funding. The round was led by 8VC.

Source

Avina, $3.2 Million, Seed

Avina, a New York-based AI-powered companion that guides sales representatives from initial contact to closing deals, has secured $3.2 million seed funding. The funding round was co-led by NVP Capital and RRE Ventures.

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 $3.2M for Avina to a whooping $500M for Insider. Stay tuned for next week’s roundup on SaaS Insider.

-

Written By - Paul Augustine, Founder's Office