Author: The SaaS Outlook

Investors The round was led by Dawn Capital, with participation from Frank Slootman, Arash Ferdowsi, Y Combinator, and other leading founders and CISOs. Dawn Capital is a European specialist B2B software investor managing over $2 billion in assets. Founded in 2007, it focuses on early-stage investments, supporting companies from Series A and B, and continues to fund high performers through growth rounds to exit. Dawn is investing through its $620 million Dawn Capital V fund and the $80 million Dawn Opportunities Fund. Oneleet Use of Funds The funding will be used to expand the engineering team with top security experts, scale AI-driven cybersecurity tools,…

Paid.ai on Sunday announced that it closed a $21 million oversubscribed seed round led by Lightspeed Venture Partners. FUSE and existing investor EQT Ventures participated in the round, which brings the startup’s total funding to $33.3 million. Paid.ai aims to solve a mounting problem for software businesses, namely, how to charge for AI agents that eliminate human workers and traditional seat-based pricing models. Manny Medina, who co-founded sales engagement platform Outreach, leads Paid.ai alongside Manoj Ganapathy, who built billing infrastructure at Salesforce (NYSE:CRM), Raj Dosanjh, an early Palantir Technologies (NYSE:PLTR) employee, and Arnon Shimoni, who joined Pleo during its early stages. Don’t Miss: Early Movers See 40% Revenue Surge Paid.ai described its platform as…

NEC Corporation has announced a definitive agreement to acquire CSG Systems International, Inc. in an all-cash transaction valued at approximately US$2.9 billion (JPY 438.5 billion), including debt. Under the terms of the deal, NEC will pay US$80.70 per share, representing a 17.4% premium to CSG’s closing price on October 28, 2025, and a 23.1% premium to its 30-day volume-weighted average price. The acquisition will significantly strengthen NEC’s position as a global leader in digital transformation and expand its footprint in AI- and cloud-driven software and services. By combining CSG’s proven SaaS product portfolio and customer base with NEC’s digital innovation capabilities and its…

In what has been solid execution in a stable sales environment, the firm saw total Annual Recurring Revenue (ARR) increase 11% (constant currency) to $811m, while subscription and SaaS revenue increased 10% year-on-year and 12% year-to-date. The recurring revenue model now accounts for 88% of total revenue. Performance was broad-based, with wins across both existing and new clients. In terms of profits, EBIT increased 36% year-on-year, supported by sales momentum and the cost-efficiency measures introduced under last year’s investment strategy. Management has raised full-year guidance with subscription and SaaS growth now expected to increase “at least 7%” (up from 6%) and…

While B2C commerce underwent a digital transformation more than 15 years ago, with online platforms replacing paper catalogues and manual processes, the B2B sector has lagged behind. Many companies still rely on tools such as Excel spreadsheets, PDF orders, and fragmented email or fax communications. Despite the French B2B e-commerce market being valued at nearly €360 billion in 2024, the adoption of artificial intelligence remains low, with only 10% of companies with more than ten employees using AI tools. French-Italian startup Volta aims to change that by helping small and mid-sized companies modernise their operations. Today, Volta Software has raised…

Digital Sovereignty Starts with Business Tools The data sovereignty debate has reached German businesses: According to a recent BARC study, more than half are reconsidering their cloud strategy, driven by new regulations, geopolitical developments, and cybersecurity concerns. While hyperscalers still hold a significant innovation advantage in infrastructure, the picture looks different for business software: here, European providers can compete on technology. Zeeg delivers exactly that: The platform combines appointment booking and CRM functionality in one tool. Every booked appointment automatically creates a complete CRM entry, including all contact data, company information, and interaction history. The solution is developed in Berlin…

Harvey, the startup transforming the legal industry, has raised a fresh $150 million funding round led by Andreessen Horowitz. The latest deal pushes its valuation to $8 billion. This marks Harvey’s third major raise of 2025, following a €50 million investment from EQT Growth earlier this year. Its earlier supporters include Sequoia Capital, Coatue Management, the OpenAI Startup Fund, GV, Elad Gil, and Kleiner Perkins. Together, they’ve fueled Harvey’s total fundraising to roughly $750 million this year alone. Reinvents legal practices Founded in 2022 in San Francisco by Winston Weinberg, a former securities and antitrust litigator, and Gabriel Pereyra, a research scientist with experience at DeepMind and Meta, Harvey is tackling…

Investors The round was led by Octopus Ventures, with participation from existing investor Yanno Capital. Octopus Ventures is the venture investment arm of the broader Octopus Group, a UK-based financial services and energy conglomerate. The firm invests in startups across the United Kingdom and Europe, from Pre-Seed through Series A. Grasp Use of Funds The company will use the funding to expand its international presence and grow its product and sales teams. About Grasp Founded in 2020 by Richard Karlsson, Johan Devér, and Simon Hällqvist, Grasp has developed a proprietary multi-agent platform that automates complex, repetitive, and costly research tasks…

Investors  The round was led by RTP Global, with participation from Pascal Houillon (former CEO of Cegid and Sage) and existing investors Emblem, Robin Capital, and Founders Future. RTP Global is an international early-stage venture capital firm that invests in technology-driven startups across North America, Europe, India, and Southeast Asia. Since 2000, RTP Global has made more than 150 investments worldwide. The firm is headquartered in London, with offices in New York, Paris, Bangalore, and Dubai. Volta Use of Funds  The investment will accelerate Volta’s growth across Europe and strengthen its technological edge in AI-powered B2B automation. About Volta  Founded…

NEC Corporation (TSE: 6701) (“NEC”) and CSG Systems International, Inc. (NASDAQ: CSGS) (“CSG”) today announced they have entered into a definitive agreement under which NEC will acquire CSG for US$80.70 per share in cash, for a total enterprise value of approximately US$2.9 billion, or JPY438.5 billion, including debt. The transaction price represents a 17.38% premium over CSG’s closing price of US$68.75 on October 28, 2025, and a 23.07% premium to the volume-weighted average price (VWAP) of CSG common stock for the 30 days ending October 28, 2025. The transaction strengthens NEC’s position as a leader in next-generation digital solutions and…