SaaS News! ?? Funding, Acquisitions and Beyond
The SaaS ecosystem continues to witness groundbreaking innovations and strategic investments, fueling the next wave of industry growth. From AI-powered visual merchandising to automated code refactoring, here’s a look at the latest funding rounds and how these startups are revolutionizing their sectors. ??
?? Spyne : Sanjay Varnwal and Deepti Prasad
Spyne, an AI-driven visual merchandising platform for the automotive industry, has secured $16 million in Series A funding led by Vertex Ventures. This investment will power Spyne’s expansion and product advancements.
?? Global Growth Strategy – Plans to scale its dealer base from 1,500 to 20,000+ rooftops worldwide. ??
?? Next-Gen AI Innovation – Developing a GenAI-powered automotive retail suite for seamless digital transformation. ??
?? Market Expansion – Strengthening presence in EMEA and APAC regions, replicating its successful US go-to-market strategy. ??
?? Dedicated US Team – Assembling a specialized business development team to drive OEM and dealership partnerships. ??
?? Exponential Growth – Achieved a 5X revenue increase in 15 months, targeting a 3X growth in FY26. ??
Spyne’s vision is to revolutionize how dealerships operate, leveraging Agentic AI to streamline everything from vehicle sourcing to customer engagement.
??? Boostly : Shane Murphy and Mikey Murphy
?? Lehi-based Boostly? raised $22 million in Series A funding to fuel its growth in the restaurant tech space.??
?? The company’s SMS marketing platform leverages behavioral-based marketing and gamified experiences to drive customer engagement.??
?? Boostly’s suite of offerings includes automated SMS campaigns, intelligent phone assistants, and real-time feedback monitoring.??
?? Serving over 1,200 restaurant locations across the U.S. and Canada, Boostly is reshaping how restaurants build lasting customer relationships.??
?? Singulr AI : Shiv Agarwal and Abhijit Sharma
Singulr AI, a Palo Alto-based AI governance platform, has raised $10 million in Seed funding from Nexus Venture Partners and Dell Technologies Capital. The company is redefining how enterprises secure and scale AI adoption.
?? Enterprise AI Security – Helps IT and security teams detect, control, and govern AI applications at scale. ?
?? AI Discovery & Insights – Tracks 500+ AI models across organizations, ensuring compliance and reducing risks. ??
?? Automated Risk Scoring – Provides real-time risk assessments for AI services, preventing data leaks and unauthorized usage. ???
?? Seamless Integration – Enables rapid AI onboarding while maintaining security and cost efficiency. ??
As enterprises accelerate AI adoption, Singulr AI ensures that security and governance keep pace with innovation.
?? Onetab AI: Saket Dandotia , sonal Dandotia , and Alok Patil
OneTab AI, a Bengaluru-based SaaS startup, has secured $3.3 million in seed funding from LIT Fund, Orbit, and other strategic investors. The startup is redefining the Software Development Life Cycle (SDLC) with its flagship AI agent, OneAsk.
?? AI-Driven Development – Unifies project management, coding assistance, API development, and CI/CD automation into a single platform. ??
?? Proprietary LLMs – Powered by OneGPT and OneCode, ensuring seamless automation and data privacy. ??
?? End-to-End Automation – Features include automated code generation, debugging, testing, and deployment. ?
?? Rapid Adoption – Over 15 enterprises have already integrated OneTab AI’s technology, with a growing client pipeline. ??
By eliminating inefficiencies in software development, OneTab AI is enabling businesses to launch products faster and at scale.
?? Sardine : Zahid Shaikh , Soups Ranjan , Adi G.
Sardine, a global AI risk platform, has closed a $70 million Series C round, bringing its total funding to $145 million. Backed by Activant Capital, Andreessen Horowitz, and Google Ventures, Sardine is redefining fraud prevention and compliance.
?? 130% YoY ARR Growth – Surpassed 2.2 billion devices profiled, expanding its fraud detection capabilities. ??
?? AI-Driven Risk Management – Uses behavior biometrics, device intelligence, and machine learning for real-time fraud prevention. ??
?? Automated Compliance – New AI agents streamline KYC, sanctions screening, and dispute resolution, reducing manual workloads. ??
?? Global Adoption – Trusted by 300+ enterprises, including Deel, GoDaddy, and major financial institutions. ??
By automating compliance and fraud detection, Sardine is helping financial institutions scale securely while maximizing revenue.
??? Moderne : Jonathan Schneider and Olga Kundzich
Moderne, a Miami-based automated code analysis platform, has secured $30 million in Series B funding led by Acrew Capital and Morgan Stanley. The company is empowering enterprises to modernize their codebases at scale.
?? Built on OpenRewrite – Enables large-scale code migrations, security updates, and cloud-native transitions. ??
?? Enterprise Adoption – Serving Fortune 500 companies, including Walmart and Allstate. ??
?? AI-Powered Code Transformation – Uses Mod Agent to accelerate developer workflows and technical debt reduction. ?
Moderne is revolutionizing software maintenance, ensuring enterprises can adapt to evolving tech stacks seamlessly.
?? Finmo : David Hanna , Akhil Nigam , Raj Vimal Chopra , Thomas Kang , and Richard Oh
?? Singapore-based Finmo has raised $18.5 million in Series A funding.??
?? The company offers a global treasury operating system that streamlines cross-border payments, optimizes liquidity, and manages FX risks.??
?? Finmo’s platform features real-time payment capabilities and a modular design that ensures scalability and regulatory compliance.??
?? With robust AI integrations, Finmo empowers organizations to simplify treasury operations and enhance financial decision-making.??
?? Comulate : Jordan Katz and Michael Mattheakis
San Francisco-based Comulate has raised $20 million in Series B funding, led by BOND and Workday Ventures. The startup is modernizing back-office operations for insurance brokers through AI-powered automation.
?? End-to-End Automation – Streamlines direct bill processing, carrier payables, and revenue tracking. ??
?? Exponential Growth – Tripled revenues while enabling clients to cut manual processing time significantly. ??
?? Trusted by Industry Leaders – Powers operations for IMA Financial, The Baldwin Group, and Hilb Group. ??
By eliminating manual accounting inefficiencies, Comulate is helping insurance brokers enhance profitability and accuracy.
?? Eudia : Omar Haroun , Ashish Agrawal , and David V.
Eudia, a Palo Alto-based augmented intelligence platform for Fortune 500 legal teams, has closed a $105 million Series A round led by General Catalyst.
?? AI-Powered Legal Automation – Enhances risk mitigation, external counsel management, and legal operations. ???
?? Augmented Intelligence – Combines human expertise with AI insights to streamline legal workflows. ??
?? Elite Leadership Team – Led by CEO Omar Haroun, CTO Ashish Agrawal, and COO David Van Reyk. ??
Eudia is redefining how legal teams scale efficiently, cut costs, and optimize decision-making in complex regulatory environments.
?
?? Plain : Simon Rohrbach and Matt Vagni
?? Based in Altrincham, UK, Plain recently raised $15 million in Series A funding.??
?? The company provides a support platform that integrates with channels like Slack, Microsoft Teams, and Discord to centralize customer support.??
?? Plain’s AI-powered platform turns support conversations into strategic insights that inform product development and enhance customer service.??
?? Clients such as Sanity, Laravel, Stytch, and Raycast benefit from Plain’s ability to streamline high-touch, real-time communication across teams.??
The Future of SaaS: Innovation & Expansion ??
These startups are shaping the future of AI, automation, and digital transformation across diverse industries. With fresh capital and strategic expansion plans, they are set to redefine automotive retail, AI security, software development, fintech, insurance, and legal tech.
?? For investors and founders alike, the momentum in SaaS innovation presents unparalleled opportunities. The next frontier of AI-driven transformation is already here. ??