SaaS startups Dooly, Banzai, Advotics,Outplay raises funding

Recent SaaS funding this week (March 15-March 21, 2021): Dooly, Pocketpill, Benzai raise funds. Read more to know.
SaaS startups Dooly, Banzai, Advotics,Outplay raises funding


The funding is being announced today, but it was actually raised in two tranches that had not previously been disclosed. A $3.3 million seed round was led by Boldstart Ventures and also included BoxGroup. Its $17 million Series A, meanwhile, was led by Addition.
Dooly is a provider of a sales enablement platform that collects customer information essential to close business sales. The company to utilise funding  to scale its sales enablement software, which aims to reduce the administrative burden on sales professionals.

Advotics raises new funding in East Ventures-led round

Advotics will use the funds to extend its footprint into the SME market and expand its sales team. With this expansion, it aims to capitalize on Indonesia’s growing enterprise software market, which the startups estimates has reached US$3 billion and will keep on growing. Advotics, a software-as-a-service startup that provides data-driven supply chain solutions for small and medium-sized enterprises.

PocketPills gets $30 million funding at $150 million valuation

The Series B funding round was led by Telus Ventures, with participation from WaterBridge Ventures. PocketPills is expected to use the funds to broaden its product offerings and accelerate its national expansion plans in Canada. PocketPills is a tech-driven pharmacy that delivers medication by the dose straight to the customer's door.

Banzai Raises $15 Million to Develop its SaaS Event Marketing Platform

The Venture Debt round was led by Columbia Pacific Business Finance with additional investment from Gaingels. “This funding allows Banzai to accelerate growth and provide solutions that enable results-driven marketers to adapt and thrive in the changing world of event marketing.” - Joe Davy, CEO, Banzai
Banzai is a leading enterprise SaaS provider of marketing automation solutions for experiential marketing through webinars and events. It is used by companies like Nextiva, Red Hat, DataRobot, and Egnyte. Its marketing automation solution helps marketers have more successful webinars and events by growing their audience and creating more engaging experiences.

Outplay raises $2 mn from Sequoia Capital India’s Surge

Founders of other cloud and software-as-a-service (SaaS)-based startups, including Khadim Batti, Vara Kumar Namburu and Vispi Daver of Whatfix.

“Outplay is aiming to breathe some fresh air into sales processes by automating tasks through a single interface with data-driven analytics to help sales people achieve their targets,” said Papineni, Chief Executive and Co-Founder at Outplay. 

Outplay provides businesses with a sales engagement platform that helps sales teams plan, execute, track, measure and optimize interactions between companies and their prospects across various channels.

AI powdered SaaS for the coffee supply chain raises $3 million in seed funding round

The funding  round was led by LatAm-Israeli investor Celeritas and a group of private investors including Mercantil Colpatria, the investment branch of Grupo Colpatria, a major player in the Colombian financial sector.

The company is launching a suite of SaaS-based solutions to replace age-old, manual production processes used to ascertain bean quality alongside cupping, delivering taste assessment and profiling as well as swift, accurate quality measurement and traceability throughout the supply chain.

Demetria, the first AI-powered taste and quality intelligence SaaS start-up for the coffee supply chain.

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