Wisor AI, a Tel Aviv, Israel-based advanced freight booking software solution, raised an $8 million seed round led by Team8.

I interviewed Raz Ronen, Co-founder and CEO Wisor. Raz served in the Israeli Air Force special forces and then jumped right into startup life.

Wizor is changing the way global freight is moving around the world by helping freight forwarders automate route planning, pricing, booking, payments, and more.

Other investors who participated in the round included Ocean Azul and Hico Investment Group, as well as pre-seed investors fresh.fund, Atooro Fund, The Dock, Seed IL Ventures, and Izaki Ventures.

The funding will expedite Wisor’s mission to digitize the global supply chain industry and empower freight forwarders to plan, price, and book a shipment in seconds instead of hours or days.

Raz Ronen’s LinkedIn: https://www.linkedin.com/in/raz-ronen/

Wisor’s LinkedIn: https://www.linkedin.com/company/wisorai/

SaaS Fundraising Story: https://www.thesaasnews.com/news/wisor-ai-raises-8-million-in-seed-round

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Coho AI, a Tel Aviv, Israel-based product-led revenue platform raised $8.5 million in seed funding. Coho AI is a product-led revenue platform that enables companies to maximize the revenue potential of their user base.

I interviewed Itamar Falcon, co-founder and CEO at Coho AI. Itamar was born raised in Israel and has experience in product management and engineering.

Coho AI helps established companies that have reached product-market fit evolve into product insight-driven businesses. Coho AI shows companies that a product-led growth (PLG) methodology can be applied to a wide range of SaaS companies and at different stages of the customer lifecycle.

The round was led by Eight Roads, TechAviv, and a select group of angel investors, including company co-founder Ariel Maislos, Shlomo Kremer, Natan Linder, and other high-profile founders.

With this funding, Coho AI allows to further build its platform that accelerates growth for B2B SaaS companies by effectively “lifting the hood” on their customer usage data.

Itamar Falcon’s LinkedIn: https://www.linkedin.com/in/itamar-falcon/

SaaS Fundraising Story: https://www.thesaasnews.com/news/coho-ai-secures-8-5-million-in-seed-round

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Produce8, a Vancouver, BC, Canada-based SaaS startup that provides distributed and digital-first teams real-time visibility into the work getting done across all their business apps, raised $6 million in funding.

I interviewed Joel Abramson, CEO and co-founder at Produce8. Joel has a strong background in IT managed services and more recently as a partner at Top Down Ventures.

Produce8 is a digital work analytics platform. It helps teams understand how they leverage their technology and time to improve performance and protect employee wellbeing.

Produce8 plans to launch into the IT services market at the start of 2023 with expectations to expand across other industry verticals in quick succession.

Joel Abramson’s LinkedIn: https://www.linkedin.com/in/joelabramson/

SaaS Fundraising Story: https://www.thesaasnews.com/news/produce8-raises-6-million-in-funding

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Vestico, a London, UK-based fashion tech startup that uses AI to help online shoppers find the perfect sizes and shades while buying a product, secured £250,000 in funding.

I interviewed Maddie Forman, co-founder and CCO at Vestico. She is a first-time founder with a strong sales background at Diageo. She met one of her co-founders, Maia Sasania, while getting her MBA.

Vestico is an all-in-one content, sizing, and personalization platform for fashion and beauty eCommerce. Type in your body measurements to see how fashion fits your body type. They are doing the same thing for the beauty industry.

The investment came from the early-stage-focused London-based venture capital firm Jenson Funding Partners.

The funds will be used to develop its technology further and transform the next generation of e-commerce. The company has already partnered with the Spanish fashion label Desigual and plans to expand its service to include more international brands over the next year.

Maddie Forman’s LinkedIn: https://www.linkedin.com/in/maddie-forman/

Vestico’s LinkedIn: https://www.linkedin.com/company/vestico-co/

SaaS Fundraising Story: https://www.thesaasnews.com/news/vestico-raises-250-000-in-funding

Join Ben’s SaaS community here: https://www.thesaasacademy.com/offers/ivNjwYDx/checkout

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Zift Solutions, a Cary, NC-based provider of Partner Relationship Management (PRM) and Through-Channel Marketing Automation (TCMA) software, recently announced that it raised $70 million in funding.

I interviewed Gordon Rapkin, CEO of Zift Solutions. Gordon is a serial CEO, and it shows in his knowledge, experience, and insight. He is a 5X CEO.

The round was led by Investcorp Technology Partners (“ITP”) with participation from existing institutional investors Arrowroot, Oxx, SSM, and AshGrove Capital.

Zift will use the $70M to invest in its go-to-market engine, marketing awareness, new geographies, and in innovation.

It takes twice as long as you think to raise capital according to Gordon, but he saw improving SaaS metrics, win rates, and a repeatable sales process.

Gordon Rapkin’s LinkedIn: https://www.linkedin.com/in/gordonrapkin/

SaaS Fundraising Story: https://www.thesaasnews.com/news/zift-solutions-raises-70-million-in-funding

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Revend, an Antwerp, Belgium-based company that provides a SaaS e-commerce tool to defend your e-commerce revenue, raised €1 million in seed funding. Revend protects risks posed against your revenue.

The round was led by Pitchdrive, with participation from Seeder Fund and business angel Pieter Casneuf.

I interviewed Peter Wellens, co-founder and CEO at Revend. Peter is a commercial engineer by trade. He’s founded several companies in the solar and social network spaces. Peter wanted to raise from a position of strength. He landed trial customers that potential investors could speak to.

The funds will be used to hire additional engineering talent and prepare for a full release to the broader market. The company also received a grant from the federal government that supports the development of AI and innovative technology.

Peter Wellen’s LinkedIn: https://www.linkedin.com/in/peterwellens/

SaaS Fundraising Story: https://www.thesaasnews.com/news/revend-raises-1-million-in-seed-round

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KYP is a risk intelligence platform that delivers continuous, real-time partner monitoring and holistic intelligence. It recently announced an £800,000 pre-seed round.  KYP is based in London.

The investment was from US-based 1414 Ventures, BH Ventures, and some leading UK angel investors.

I interviewed Alan Nagle, founder and CEO at KYP.  Alan is originally from Dublin and has a long history in fraud prevention.  KYP, or Know Your Partner, monitors supplier risk continuously rather than on a periodic basis.

Alan states that investors have opened a bunch of doors for new prospects.  Get the leads and then attack with a repeatable founder-led sales model.

Alan Nagle’s LinkedIn: https://www.linkedin.com/in/alan-nagle-9524941/

SaaS Fundraising Story: https://www.thesaasnews.com/news/kyp-raises-800-000-in-pre-seed-round

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Spiny creates software and solutions specifically designed for digital publishing businesses. They streamline business data, provide insights, and optimize revenue.

I interviewed Nana Nyantekyi, Founder at Spiny.ai. Nana discusses his experience in the digital media startup industry and CBS Interactive, and how those experiences led him to create Spiny.ai.

Spiny.ai facilitates easier data manipulation for publishers and allows them to use data to power their digital media businesses more effectively.

Nana Nyantekyi’s LinkedIn: https://www.linkedin.com/in/nana-b-nyantekyi-3740aa103/

SaaS Fundraising Story: https://www.thesaasnews.com/news/spiny-ai-raises-2-5-million-in-funding

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Jua's weather prediction model will provide a global one-kilometer square's worth of coverage every five minutes and can predict more than fifteen different weather-based parameters, including precipitation, air pressure, wind speed, and wind direction.

I interviewed Andreas Brenner, Co-founder and CEO of Jua. He’s had a previous exit in fleet management software to Battery Ventures. Now, he’s tackling weather.

Jua plans to provide startups, companies, government institutions, and researchers with the ability to create purpose-built weather models in a matter of hours. Jua is pre-revenue and experimenting with its ideal customer profile.

Andreas Brenner’s LinkedIn: https://www.linkedin.com/in/andreasbrenner/

SaaS Fundraising Story: https://www.thesaasnews.com/news/jua-raises-2-5-million-in-pre-seed-round

Join my SaaS community here: https://www.thesaasacademy.com/offers/ivNjwYDx/checkout

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Saile, a Kansas City, MO-based startup that developed patent-pending AI technology that creates personality-driven sales robots known as “sailebots”, raised $1.35 million in seed funding.

I interviewed Nick Smith, CEO and Founder at Saile. He’s leveraging his sales background to help sales reps triple their productivity. His current ideal customer profile is Fortune 1000 companies.

Saile’s technology learns deeply about individual sales reps to boost their productivity.

The round was led by Atlanta-based Valor Ventures, with participation by the KCRise Fund, a Kansas City-based venture capital firm.

Nick Smith's LinkedIn: https://www.linkedin.com/in/nixmith/

Saile's LinkedIn:  https://www.linkedin.com/company/saile/

SaaS Fundraising Story: https://www.thesaasnews.com/news/saile-raises-1-35-million-in-seed-round 

Join my SaaS community here: https://www.thesaasacademy.com/offers/ivNjwYDx/checkout

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