Chai, a Palo Alto, CA-based platform for Chat AI, has received an investment placing Chai at a $450 million valuation. The amount of the deal was not disclosed. SaaS Investors The investment was from CoreWeave in the form of GPU compute credits. Coreeveloper of a cloud infrastructure platform intended to …

Sastrify, a Cologne, Germany-based SaaS procurement platform, announced a second closing of its Series B funding round. The company previously raised $32 million in May 2023. Alongside the funding news, Sastrify announced the acquisition of Amsterdam-based competitor Pengu. SaaS Investors The additional investment comes from Reimann Investors. Reimann Investors is …

Kahuna Workforce Solutions, a Houston, Texas-based company provider of operational skills and competency management software, has secured $21 million in Series B funding. SaaS Investors The round was led by Resolve Growth Partners. Resolve Growth Partners is a growth equity firm focused on investing in B2B software companies and enabling …

Caruso, a New Zealand-based funds management software startup, has raised AUD 3 million ($2.15 million) in seed funding. SaaS Investors The round was led by Icehouse Ventures, with participation from GD1, Chris Heaslip, founder of Pushpay, and the Rae family of Gull Oil. Icehouse Ventures is a New Zealand-based venture …

BlueVoyant, a New York-based cybersecurity company that illuminates, validates, and mitigates internal and external risks, has acquired Conquest Cyber, and is supported by more than $140 million in Series E funding. Conquest Cyber is a cyber defense company renowned for its innovative SaaS technology that streamlines risk management across an …

Nexl, a Sydney, Australia-based collaboration platform for law firms, has secured $6.6 million in Series A funding. The company has raised a total of $10 million in 2023, following a $4 million funding round in March. SaaS Investors The round was led by Shearwater Capital and existing investor EVP. Shearwater …

Together AI, a San Francisco, CA-based startup focused on creating open-source generative AI and AI model development infrastructure, has closed a $102.5 million Series A funding. SaaS Investors The round was led by Kleiner Perkins, with participation from Nvidia and Emergence Capital. Kleiner Perkins is a venture capital firm that …