Bengaluru-based SaaS startup Simplismart has successfully raised $7 million in a Series A funding round led by Accel, alongside additional investments from Shastra VC, Titan Capital, and other investors. Founded in 2022 by Amritanshu Jain and Devansh Ghatak, Simplismart offers an AI-based no-code
Vancouver's renowned venture capital firm, Top Down Ventures, has made headlines with the announcement of its new $35 million Founders Fund, specifically geared towards early-stage software-as-a-service (SaaS) companies operating in the Managed Service Provider (MSP) software market.
Securing investment is a critical phase for any SaaS business aiming to scale. While a stellar product is vital, presenting a comprehensive and data-driven narrative through essential metrics can significantly enhance investor confidence. This guide delves into these crucial metrics, detailing
The acquisition of Zuora by private equity firms GIC and Silverlake for an impressive $1.7 billion marks a significant development in the SaaS industry, underscoring the potential and ongoing relevance of subscription-based software models in today's market. Zuora, known for its robust
The recent announcement that Everstage, a sales performance management software provider, secured $30 million in a Series B funding round led by Eight Roads Ventures has sparked considerable interest in the SaaS community. Existing investors, Elevation Capital and 3one4 Capital, also participated
The Software-as-a-Service (SaaS) industry is facing significant challenges amid a crucial liquidity downturn. This dramatic shift stands in stark contrast to the industry's unprecedented growth during what many call the "Golden Era" of 2020 to 2021. During that time, SaaS companies
