OfficeRnD grabs $10Mn, SaaS Labs raises $17 mn and more

SaaS news this week (18thOctober 2021-24th October 2021): OfficeRnD grabs $10Mn, SaaS Labs raises $17 mn and more
OfficeRnD grabs $10Mn, SaaS Labs raises $17 mn and more

OfficeRnD grabs $10mn Series A

OfficeRnD is a SaaS for workplace management software that helps businesses provide a “hybrid office” model. The startup closed a $10 million Series A to continue building out its workplace management SaaS for landlords and office managers. Features like resource scheduling (booking meeting rooms etc.), employee/co-working space member engagement, and financial management tools through web and mobile applications are a part of the innovations.

The Series A funding is led by Runa Capital with Flashpoint Venture Capital and LAUNCHub Ventures also participating. Funding will be used for OfficeRnD’s marketing with the aim of expanding market share, including by growing its partnerships.

SaaS Labs raises $17 mn

SaaS Labs offers productivity and business process automation software for SMBs and enterprises. The company raised $17 million in Series A funding from Base 10 Partners and Eight Roads Ventures. Initially bootstrapped, the company will use the funding to expand its customer base, hire people, and release new products and services. SaaS Labs currently has two main products: Justcall and Helpwise. 

Wondrlab raises $7 Mn led by Pi Ventures and Tanas Capital 

Wondrlab will use newly acquired funds for driving inorganic growth, with a sharp focus on tech, digital, programmatic advertising, and the building of world-class martech platforms. Martech SaaS startup, Wondrlab raised $7 million in funding in the round led by Pi Ventures LLP, Tanas Capital, Prodapt Holdings, and several independent investors including Priyamvada Balaji of Lucas Indian Service and Gopal Srinivasan of TVS Capital.

ProfitWheel secures USD 3 million investment

ProfitWheel is a new-age distribution, customer data-led commerce business. It’s products provide marketing intelligence to brands across marketplaces, online storefronts, and influencer commerce. ProfitWheel announced a total capital raise of USD 3 million. Almost 50% of the total investment amount was sourced  from Netcore Cloud, a leading acquisition, engagement and retention company. 15 other Indian business leaders invested the remaining 50% sum as an angel investment. 

Klarna joins forces with Wix to facilitate flexible payments

Wix eCommerce merchants located across 17 countries can now accept payments from customers thanks to Klarna. With Klarna's payment options, Wix eCommerce merchants boost their customers' purchasing power and increase customer acquisition through flexible payment avenues.

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