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SaaS startup Icertis raises $80 million in Series F funding
SaaS startup Icertis raises $80 million in Series F funding; valuation triples to $2.8 billion. This year's funding was led by existing investor B Capital Group, with participation from Greycroft, Meritech Capital Partners, Premji Invest, PSP Growth, and e.ventures. The company will use this funding to invest in accelerating its AI and Blockchain development, expanding its sales and marketing footprint, and building out its global partner network. It also has plans to expand across Japan, South East Asia, and northern Europe. The funding round makes Icertis the second most valuable SaaS unicorn in the Indian startup circuit after Freshworks, which was valued at $3.5 billion in their last funding round in 2020.
Pipe Raises $50 Million Through Latest Investment Round Led By Raptor Group & Siemens Next47Pipe stated it gives SaaS companies access to the full annual value of their subscriptions, upfront. Since launching its SaaS financing platform in February 2020, Pipe claims it has seen overwhelming demand from early and growth-stage SaaS companies. Speaking about the platform, Harry Hurst, Co-Founder, and Co-CEO of Pipe stated: “When we were approached by such incredible companies with aligned missions to form partnerships, the conversations quickly evolved. We felt it made sense to have the broader ecosystem that powers growth-oriented companies join forces to invest together in the future of revenue as a tradable asset class.”
Legl gets $7M to help law firms upgrade to digital workflows. B2B SaaS startup Legl has bagged $7M in Series A funding led by Octopus Ventures for its platform for law firms which offers tools to streamline core business processes such as customer onboarding, due diligence, and payments. The UK startup was founded just over a year ago by Julia Salasky, a lawyer by background, who previously founded the public interest legal crowdsourcing campaign platform, CrowdJustice. Legl says it’s now working with around 100 UK-based law firms, including around a dozen of the top 200. Series A will be used to expand Legl’s team and grow its UK user base as well as for further development of the product.
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By PeopleAtomSaaS startup Icertis raises $80 million in Series F funding; valuation triples to $2.8 billion. This year's funding was led by existing investor B Capital Group, with participation from Greycroft, Meritech Capital Partners, Premji Invest, PSP Growth, and e.ventures. The company will use this funding to invest in accelerating its AI and Blockchain development, expanding its sales and marketing footprint, and building out its global partner network. It also has plans to expand across Japan, South East Asia, and northern Europe. The funding round makes Icertis the second most valuable SaaS unicorn in the Indian startup circuit after Freshworks, which was valued at $3.5 billion in their last funding round in 2020.
Pipe Raises $50 Million Through Latest Investment Round Led By Raptor Group & Siemens Next47Pipe stated it gives SaaS companies access to the full annual value of their subscriptions, upfront. Since launching its SaaS financing platform in February 2020, Pipe claims it has seen overwhelming demand from early and growth-stage SaaS companies. Speaking about the platform, Harry Hurst, Co-Founder, and Co-CEO of Pipe stated: “When we were approached by such incredible companies with aligned missions to form partnerships, the conversations quickly evolved. We felt it made sense to have the broader ecosystem that powers growth-oriented companies join forces to invest together in the future of revenue as a tradable asset class.”
Legl gets $7M to help law firms upgrade to digital workflows. B2B SaaS startup Legl has bagged $7M in Series A funding led by Octopus Ventures for its platform for law firms which offers tools to streamline core business processes such as customer onboarding, due diligence, and payments. The UK startup was founded just over a year ago by Julia Salasky, a lawyer by background, who previously founded the public interest legal crowdsourcing campaign platform, CrowdJustice. Legl says it’s now working with around 100 UK-based law firms, including around a dozen of the top 200. Series A will be used to expand Legl’s team and grow its UK user base as well as for further development of the product.