RagaAI, a San Francisco, CA-based startup that emerged from stealth with an AI testing platform called RagaAI DNA, has raised $4.7 million in seed funding. SaaS Investors The round was led by pi Ventures, with participation from Anorak Ventures, TenOneTen Ventures, Arka Ventures, Mana Ventures, and Exfinity Venture Partners. Founded …

bluesheets, a Singapore-based AI automation software company, has raised $6.5 million in Series A funding. SaaS Investors The round was led by Illuminate Financial, with participation from existing investors Insignia Ventures Partners, Antler Elevate, and 1982 Ventures. Illuminate Financial is a thesis-driven venture capital firm dedicated to fintech and enterprise …

Axyon AI, a Modena, Italy-based company specializing in AI-driven solutions for asset management, has closed €3.9 million ($4.4 million) a funding. SaaS Investors The round included €2.3 million in new cash led by US-based firm Montage Ventures, TechShop SGR, and a select group of angel investors. Additionally, the remaining €1.6 …

Spellbook, a Toronto and Saint John’s, Canada-based AI platform designed to assist lawyers with contract drafting, has raised $20 million in Series A funding, bringing its total financing to over $30 million. SaaS Investors The round was led by Inovia Capital, with participation from Thomson Reuters Ventures, The Legaltech Fund, …

HEAL Security, a Menlo Park, CA-based cognitive cybersecurity intelligence platform designed for the healthcare sector, has raised $4.6 million in pre-seed funding. SaaS Investors The round was led by Health2047, with participation from Evidium, HOPPR, Medcurio, Phenomix Sciences, ScholarRx, SiteBridge Research, and Zing Health. Health2047 is a Silicon Valley venture …

Digital Onboarding, a Boston, MA-based SaaS company focused on helping financial institutions enhance customer relationships, has secured $58 million in growth capital. SaaS Investors The investment was from Volition Capital. Volition Capital is a Boston-based growth equity firm that principally invests in high-growth, founder-owned companies across the software, Internet, and …

DailyPay, a New York-based on-demand pay company, has secured over $175 million in funding to support its growth. SaaS Investors The funding includes $100 million from a secured credit facility provided by Citi and over $75 million in equity financing led by Carrick Capital Partners. Established in 1812, Citigroup is …