Weekly Roundup - Week 39, 2024

Sep 30, 2024

23/09/2024 - 29/09/2024

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, Workforce Management, Cloud Management, Customer Engagement, and generative AI. Let's examine the most recent fundraising rounds that are expanding potential applications.

Pepsales, $1.1 Million, Pre-Seed

Pepsales, a San Francisco, CA-based SaaS platform designed for sales teams, has raised $1.1 million in funding. The round was led by Chiratae Ventures, with participation from several angel investors. 

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Convergence, $12 Million, Pre-Seed

Convergence, a London, UK-based startup developing an advanced AI agent, has raised $12 million in pre-seed funding. The round was led by Balderton Capital, with participation from Salesforce Ventures and Shopify Ventures.

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Arya Health, $4 Million, Seed

Arya Health, a New York-based healthcare workforce automation platform provider, has closed $4 million in seed funding. The round was led by Twelve Below, with participation from Nebular and existing investors Oceans and Ridge

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Bluebricks, $4.5 Million, Seed

Bluebricks, a Tel Aviv, Israel–based cloud management platform provider, has secured $4.5 million in seed funding. The round was led by Flint Capital and Glilot Capital Partners

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Tetrix, $5 Million, Seed

Tetrix, a New York-based company whose mission is to empower capital allocators with AI-driven insights to navigate alternative investments, has raised a $5 million seed funding. The round was led by Innovation Endeavors.

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Nurix AI, $22 Million, Series A

Nurix AI, a Bengaluru, India-based startup that builds AI-driven enterprise solutions, has raised $27.5 million in Series A funding. The funding round was led by Accel and General Catalyst

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Prepared, $27 Million, Series B

Prepared, a New York-based AI platform for emergency communications, has raised $27 million in Series B funding. The round was led by Andreessen Horowitz, with participation from First Round Capital, M13, and new investor NewView Capital

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Qure.ai, $65 Million, Series D

Qure.ai, an India-based healthtech company specializing in AI-driven solutions for early disease detection, has secured $65 million in Series D funding. The round was led by Lightspeed Venture Partners and 360 ONE Asset Management

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UJET, $76 Million, Series D

UJET, a San Francisco, CA-based provider of AI-powered cloud contact center solutions, has raised $76 million in Series D funding. The round was led by Sapphire Ventures, with participation from KeyCorp, IonPacific, and existing investors like GV, Kleiner Perkins, and Ericsson Ventures

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Whatfix, $125 Million, Series E

Whatfix, a San Jose, CA-based SaaS-based digital adoption platform provider, has raised $125 million in Series E funding. The round was led by Warburg Pincus, with continued support from SoftBank Vision Fund 2.

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 $1.1M for Pepsales to a whooping $125M for Whatfix. Stay tuned for next week’s roundup on SaaS Insider.

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Written By - Paul Augustine, Founder's Office