Weekly Roundup - Week 45, 2024

Nov 11, 2024

04/11/2024 - 10/11/2024

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, Reality Data Management, and generative AI. Let's examine the most recent fundraising rounds that are expanding potential applications.

Upwind Security, $100 Million, Series B

Israeli cybersecurity company Upwind Security has nearly completed a $100 million Series B financing round at a company valuation $850-900 million, post money. The round was led by Cyberstarts, Greylock, and Craft Ventures.

Source

Cintoo, €37 Million, Series B

Cintoo, a France and Miami-based provider of cloud-based reality data management solutions, has raised €37 million in Series B funding. The round was led by Partech.

Source

Noma, $32 Million, Series A

Noma, a Tel Aviv, Israel-based application security platform focused on securing the entire Data & AI lifecycle, has raised $32 million in Series A funding. The round was led by Ballistic Ventures.

Source

UnifyApps, $20 Million, Series A

UnifyApps, a Gurugram, India-based enterprise AI agent platform provider, has secured $20 million in Series A funding. The round was led by ICONIQ Growth

Source

Matia, $10.5 Million, Seed

Matia, a Miami, Florida-based unified data operations platform provider, has raised $10.5 million in seed funding. The round was led by Leaders Fund and Secret Chord Ventures.

Source

Siit, $5 Million, Seed

Siit, a Paris, France-based company, launched its AI-driven service desk solution for IT and internal operations teams with a $5 million seed funding round. The round was led by StageOne Ventures and Seventure Partners.

Source

Algorized, $4.3 Million, Seed

Algorized, a Berkeley, California-based AI-driven platform focused on people-sensing technology, has secured $4.3 million in seed funding. The round was led by the Amazon Industrial Innovation Fund.

Source

Conflixis, $4.2 Million, Seed

Conflixis, a Dallas, Texas-based data and risk intelligence startup, has raised $4.2 million in seed funding. The round was co-led by Lerer Hippeau and Origin Ventures.

Source 

Advex, $3.5 Million, Seed

Advex AI, a San Francisco, CA-based startup focused on solving critical data challenges in AI vision for manufacturing, has raised $3.5 million in seed funding. The round was led by Construct Capital.

Source

Cloverleaf, $2.8 Million, Seed

Cloverleaf AI, a Denver, CO-based provider of innovative solutions for government contractors, has raised $2.8 million in seed funding. The round was led by Jackson Square 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 $2.8M for Cloverleaf to a whooping $100M for Upwind Security. Stay tuned for next week’s roundup on SaaS Insider.

-

Written By - Paul Augustine, Founder's Office