DigitalOwl, a New York-based insurtech company specializing in insurance technology, has secured $12 million in funding. The investment brings DigitalOwl's total funding to over $38 million since its inception. SaaS Investors The investment was from Reinsurance Group of America (RGA), a global life and health reinsurer. The investment includes a …

Keepit, a Copenhagen, Denmark-based SaaS backup and recovery company, has secured a $40 million refinancing package. SaaS Investors The refinancing package was from HSBC Innovation Banking in partnership with The Export and Investment Fund of Denmark (EIFO). HSBC Innovation Banking provides commercial banking services, expertise, and insights to the technology, …

Impact Analytics, a Linthicum Heights, MD-based provider of retail, grocery, CPG, and supply chain-focused planning and merchandising software with native AI, has raised $40 million in growth funding. SaaS Investors The round was led by Sageview Capital, with additional support from Vistara Growth. Sageview Capital is a private investment firm …

ArenaX Labs, a Toronto, Canada-based technology company focused on teaching artificial intelligence (AI) through gaming, has raised $6 million in funding. SaaS Investors The round was led by Framework Ventures, with participation from SevenX Ventures, FunPlus / Xterio, and Moore Strategic Ventures. Founded in 2019, Framework Ventures is a venture …

Rewst, a Tampa, Florida-based purpose-built automation platform for Managed Service Providers (MSPs), has raised $31 million in Series B funding. SaaS Investors The round was led by Meritech Capital, with participation from existing investors OpenView, TDF Ventures, and Florida Funders. Founded in 1999, Meritech Capital Partners is a venture capital …

ExtraHop, a Seattle, Washington-based cloud-native network detection and response (NDR) company, has secured $100 million in growth capital. SaaS Investors The investment was from existing investors. The funding is expected to close in early 2024, subject to customary closing conditions. ExtraHop Use of Funds The company will use the new …

Xaba, a Toronto, Canada-based developer of AI-powered cognitive software solutions for automating programming and deployment of robotics and CNC machines, has raised $2 million in a seed extension round. SaaS Investors The round was led by BDC Capital’s Deep Tech Venture Fund, with participation from Hitachi Ventures and existing investor …