Manhattan Venture Partners’ Post

Whatfix,founded by Khadim Batti Bhatti a leading SaaS provider specializing in digital adoption, has raised $125 million in a funding round led by Warburg Pincus LLC and SoftBank Group Corp., bringing its valuation to approximately $900 million. Founded in 2014, Whatfix offers innovative solutions including a digital adoption platform and no-code analytics, aiming to enhance productivity for enterprises. With 66% of its revenue from the US market, the company plans to use the new funds for strategic acquisitions and expanding its GenAI capabilities. Whatfix targets a 40% growth over the next two years and aims for an IPO thereafter, further solidifying its position in the rapidly evolving SaaS landscape. #Whatfix #SaaS #Funding #DigitalAdoption #Innovation #GenAI #Growth #TechInvestment #Startup77

2024’s IPO Momentum vs. the Surging Private Capital Market It’s always fascinating to track where the money flows in tech and beyond. In 2024, the year delivered some intriguing stats on both the public and private fronts: • IPO Market: Roughly 200 IPOs raised a total of $33 billion, averaging about $160 million per listing. One standout was Lineage, the largest Nasdaq debut of 2024, which raked in $4.4 billion. • Venture Capital: In the private market, there were around 280 VC deals that raised over $100 million. Notable names like OpenAI, xAI, and Waymo snagged funding in the $5–10 billion range—eclipsing even some of the biggest IPO proceeds. Shifting Spotlight? The divergence between private and public funding underscores an ongoing trend: Top-tier startups can stay private longer, raising substantial funds without tapping public markets. However, for many companies, an IPO remains a key step for additional capital, brand elevation, and liquidity for early stakeholders. #Finance #Investment #BusinessTrends #venture

#News | Sitemate secures $18M in Series A funding, led by Blackbird, to revolutionize built world industries with flexible no-code platforms. With rapid growth, global expansion, and innovative tools, Sitemate aims to address industry-specific challenges while enhancing customization and usability. #RealtyNXT #Funding #PropTech #Innovation #SeriesAFunding #FlexibleSoftware #GlobalExpansion #SaaS #TechStartups #CustomSolutions Hartley Pike 👷

💰🔍 The price tags of the top 15 tech companies that went public recently: then vs. now! Most startups have either held steady or boosted their valuations as public companies. 🚀✨ This could be a solid sign for those eyeing an IPO but hitting the brakes due to market jitters! #TechTrends #IPOInsights

💡 What Does It Take for SaaS Startups to Raise Series A & B Funding? 📊 To raise Series A: -ARR > $500k -Growth > 2x YoY 📈 -GRR > 75% -NRR > 100% -Burn Multiple <<3x 🔥 📊 To raise Series B: -ARR > $5M -Growth > 2x YoY 📈 -GRR > 80% -NRR > 105% -Burn Multiple <2x 🔥 Thanks, Dirk Sahlmer, for breaking it down and sharing the benchmarks! 🙌 #SaaS #founders #investing #venturecapital

When it comes to VC funding — it seems as though the tides are shifting when we compare 2023 to 2024… We know that VC funding was down in 2023, so when looking at this year, there are a ton of Qs being asked + people looking for answers such as: - have things turned around? - will things turn around? - how will they turn around? - is growth attainable? With a lot of growth-stage startups now planning their next fundraising round (👏🏼), there are definitely signs of recovery this year…but the questions still remain. So let’s talk about it with top tier VC talent to learn about the Qs above + 👉🏼 what excellence looks like for early-stage SaaS businesses in 2024 👉🏼 what VCs look for when choosing projects. 👉🏼 how best to use resources to power long-term growth and stability Join the Capchase upcoming webinar “Future-Proof Your Fundraising”- April 16th at 12p EST and learn from the brilliant minds of — Philip Edmondson-Jones from Oxx Adina Davis from BoxGroup Nancy Chou from Asymmetric Camila Key Saruhashi from Construct Capital This is such a wildly important topic, you want to be here for this. See y’all on the 16th! #vc #funding #saas

Autotech (US$31.2mn), edutech (US$2.5mn), and enterprise applications were the top-funded verticals in Q1 2024. No new unicorns emerged in 2024, similar to Q1 2023. There was hardly any activity in terms of exits, with only two acquisitions and no IPOs. #Vietnam #e27News https://loom.ly/UCUK6Io

Are you considering / planning to raise #VC funding for your #SaaS business in 2024? If so - come along to this panel next Tuesday 16th to hear some perspectives from both sides of the Atlantic on how to future proof your #fundraising!

▶️ RapidCanvas, an AI-driven platform for business transformation, has secured $16 million in a Series A funding round, led by Peak XV Partners. ▶️ The round also saw contributions from Titanium Ventures, Accel, and Valley Capital Partners, raising the company’s total funding to $23.5 million since its inception in 2021. ▶️ The funding will help broaden its reach and enhance its innovative solutions, positioning the company as a frontrunner in AI-powered business transformation. #RapidCanvas #SeriesAFunding #Startupnews #Recuby

💼Company: Peak3 (formerly ZA Tech) 💰Funding: $35 Million ⚡Round: Series A 👥Investors: EQT Group and Alpha JWC Ventures ZA Tech, the next-generation insurance core system SaaS provider, has rebranded as Peak3. With the successful completion of its US$35 million Series A fundraising from EQT (lead investor) and Alpha JWC Ventures, Peak3 now accelerates its expansion in the EMEA region and investments in complementary data and AI solutions. With the funds, Peak3 will expand its EMEA operations, forge new alliances with system integrators, and enhance its analytics and AI skills toward an intelligent core insurance solution. Peak3 plans to raise its ARR by double digits this year and will break even financially in the next few quarters. Xuanbi Bill SONG Adrien Lebègue Ian Lee Clara Ho Read more - https://lnkd.in/gVUKhnDn To share your startup story write us on - contact@startuprise.org #FundingNews #peak3 #saas #KnowledgeSharing