6 SaaS Startups in the Application Performance Management Industry

January 24, 2023

SaaS startups have become the darling of Venture Capital investors, especially in the Application Performance Management industry. Over the past decade, software has proverbially “eaten the world” and SaaS companies have scaled to become unicorn corporations in staggering amounts of time.

In this article, we are examining 6 VC funded SaaS startups in the Application Performance Management industry.

Ankeri Solutions

Ankeri creates software that is cloud-based and focuses on how well ships operate from the standpoint of the charter parties, or contracts. A collective 25 years of marketing, creating, and developing software products for the shipping sector have given the Ankeri team tremendous knowledge. Ankeri was established on December 1st, 2016.

Company details:
Founders:
Kristinn Aspelund, Leifur Kristjansson
Founded:
2016
Based in:
Reykjavík, Gullbringusysla, Iceland
Industries:
Application Performance Management, Business Information Systems, SaaS, Software
Latest funding:
$2,319,359
Seed
13 October 2021
Total funding:
$3,364,360
Investors
Technology Development Fund, Frumtak Ventures, New Business Venture Fund

Integry

Integry offers complete integration assistance, including usecase, creation, deployment, and analytics. In comparison to offshore integration platforms, our integrations offer a high setup rate, which improves user onboarding and lowers attrition.

Company details:
Founders:
Muhammad Nasrullah, Yasir Farooqui
Founded:
2017
Based in:
Walnut, California, United States
Website:
Integry
Industries:
Application Performance Management, Apps, SaaS, Software
Latest funding:
$3,000,000
Seed
5 October 2021
Total funding:
$3,500,000
Investors
Alumni Ventures, Alchemist Accelerator, Bonfire Ventures, Basecamp Fund, Silicon Badia

Metrist

No application developer or user will ever have to wonder what the effects of an external service are on their business thanks to Metrist's creation of insight into the availability, functionality, and performance of the applications and APIs that power software on the internet.

Company details:
Founders:
Jeff Martens, Ryan Duffield
Founded:
2020
Based in:
San Francisco, California, United States
Website:
Metrist
Industries:
Application Performance Management, Cloud Data Services, Cloud Infrastructure, Developer APIs, Developer Tools, SaaS, Software
Latest funding:
$4,000,000
Seed
1 August 2021
Total funding:
$5,500,000
Investors
AME Cloud Ventures, Heavybit, Upside Partnership, Morado Ventures, Alex Solomon

Playvox

Playvox's powerfully simple workforce engagement management (WEM) solutions transform customer care. We deeply understand that exceptional employee engagement produces extraordinary customer experiences, and we love creating solutions that help our customers unlock the full potential in every employee and every interaction. Playvox powers the world's fastest-growing brands. Our agent-empowering suite of workforce management, quality assurance, performance, learning, customer AI, and gamification lives seamlessly in the modern support operations ecosystem with platforms like Amazon Connect, Salesforce, Slack, ServiceNow, and Zendesk.

Company details:
Founders:
Oscar Giraldo
Founded:
2012
Based in:
Sunnyvale, California, United States
Website:
Playvox
Industries:
Application Performance Management, Customer Service, Enterprise Software, Quality Assurance, SaaS, Software
Latest funding:
$25,000,000
Series B
27 January 2021
Total funding:
$34,000,000
Investors
Alchemist Accelerator, Five Elms Capital, FCP Emprendimiento e Innovación SP

Productiv

Productiv is the only SaaS Intelligence™ platform for SaaS management. Companies like Fox, Uber, and Zoom use Productiv’s employee-centric, data-driven approach to manage their SaaS portfolios for maximum ROI. By providing real-time employee engagement data down to the feature-level, Productiv helps organizations of all sizes enable proactive governance, increase operational velocity, and supercharge employee engagement. Productiv is headquartered in Palo Alto, California, with offices in San Francisco, Bellevue, and New York. Founded in 2018 and backed by Accel, IVP, and Norwest Venture Partners, Productiv is leading the SaaS Intelligence movement and transforming the way companies think about SaaS management.

Company details:
Founders:
Ashish Aggarwal, Jody Shapiro, Munish Gandhi
Founded:
2018
Based in:
Palo Alto, California, United States
Website:
Productiv
Industries:
Analytics, Application Performance Management, Data Integration, Enterprise Software, SaaS, Software
Latest funding:
$45,000,000
Series C
31 March 2021
Total funding:
$73,000,000
Investors
Norwest Venture Partners, Accel, Crew Capital, IVP, Okta Ventures

Tetrate

Tetrate partners with enterprises in their journey to app modernization. The company is an enterprise-ready service mesh for any workload in any environment. Tetrate's service mesh platform makes it easy for DevOps, security, and network administrators to manage the complexity of modern hybrid cloud application infrastructure.

Company details:
Founders:
Jeyappragash Jeyakeerthi, Varun Talwar
Founded:
2018
Based in:
San Francisco, California, United States
Website:
Tetrate
Industries:
Application Performance Management, Cloud Computing, Developer APIs, Developer Tools, Enterprise Applications, IT Infrastructure, SaaS, Software
Latest funding:
$40,000,000
Series B
10 March 2021
Total funding:
$52,500,000
Investors
Samsung NEXT, Sapphire Ventures, 8VC, Intel Capital, NTT Venture Capital

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