22 SaaS Startups in Boston

January 24, 2023

SaaS startups have become the darling of Venture Capital investors, especially in Boston. 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 22 VC funded SaaS startups in Boston .

Alyce

Alyce is an AI-powered platform that may be used to open doors or to keep fostering genuine sales connections. The platform's scalable, sustainable, hyper-personalized approach to account-based marketing is changing direct mail, swag, and gifts. It handles ordering, shipping, and reporting for 1-10,000 gifts and leverages personal social data to help you choose the ideal present to give. It is also completely free. In comparison to conventional methods, Alyce establishes genuine, personal connections that result in up to a 2x increase in named account penetration and a 5x increase in pipeline. Giving gifts in a B2B setting is now easy, efficient, and quantifiable. Alyce, a privately held business with its headquarters in Boston, Massachusetts, was established in December 2015.

Company details:
Founders:
Greg Segall
Founded:
2015
Based in:
Boston, Massachusetts, United States
Website:
Alyce
Industries:
Advertising, Artificial Intelligence, Machine Learning, SaaS, Software
Latest funding:
$30,000,000
Series B
8 April 2021
Total funding:
$46,800,000
Investors
Alumni Ventures, General Catalyst, Founder Collective, Mendoza Ventures, Golden Ventures

Cohere Health

Cohere Health is a software-as-a-service company that focuses on the patient journey and has the following goals: to significantly enhance patient, provider, and health plan experiences; to raise the quality of care provided; to lower total cost of care; and to raise transparency throughout the patient care journey. Cohere Health, with its headquarters in Boston, Massachusetts, was established in 2019 by Duncan Reece and Siva Namasivayam.

Company details:
Founders:
Duncan Reece, Siva Namasivayam
Founded:
2019
Based in:
Boston, Massachusetts, United States
Industries:
Consumer Software, Health Care, SaaS, Software
Latest funding:
$36,099,972
Series B
13 April 2021
Total funding:
$56,099,972
Investors
Humana, Longitude Capital, Define Ventures, Deepfield, Flare Capital Partners

Crayon

Crayon is the foundation of competitive intelligence that helps mid-market and corporate firms to see opportunities, grab them, and build long-lasting competitive advantages. Hundreds of organizations utilize Crayon to get acute insights that are quickly accessible and put to use to create significant, quantifiable impact. With its corporate headquarters in Boston, Massachusetts, Crayon was established in 2014.

Company details:
Founders:
John Osborne, Jonah Lopin
Founded:
2014
Based in:
Boston, Massachusetts, United States
Website:
Crayon
Industries:
Analytics, Artificial Intelligence, Business Intelligence, Machine Learning, Marketing, SaaS, Software
Latest funding:
$22,000,000
Series B
4 May 2021
Total funding:
$38,100,000
Investors
Gaingels, Founder Collective, BoxGroup, Baird Capital, Scott Belsky

DataRobot

DataRobot provides worldwide businesses engaging in the current intelligence revolution with AI technology and ROI enabling services. The enterprise AI platform from DataRobot democratizes data science by automating every step of creating, deploying, and maintaining machine learning models. Boston, Massachusetts serves as the company's corporate headquarters. It was established in 2012.

Company details:
Founders:
Jeremy Achin, Thomas DeGodoy
Founded:
2012
Based in:
Boston, Massachusetts, United States
Website:
DataRobot
Industries:
Artificial Intelligence, Enterprise Software, Machine Learning, SaaS
Latest funding:
$250,000,000
Series G
29 June 2021
Total funding:
$1,000,598,000
Investors
Techstars, Silver Lake, Tiger Global Management, BlackRock, In-Q-Tel

iboss

In order to address the issue of safeguarding remote companies, iboss has developed the first and only web gateway as a service. The iboss Distributed Gateway Platform, which was designed for the cloud, makes use of an elastic, cloud-based node architecture to offer improved security for modern decentralized companies with increased financial predictability. No matter the device or location, users are always linked to the iboss cloud to guarantee that all Internet traffic is protected against compliance risks, web blocking, malware, and data loss. The business is headquartered in Boston, Massachusetts, and was established in 2003.

Company details:
Founders:
Paul Martini, Peter Martini
Founded:
2003
Based in:
Boston, Massachusetts, United States
Website:
iboss
Industries:
Cloud Computing, Cyber Security, Network Security, SaaS, Security, Software
Latest funding:
$145,000,000
Series B
5 January 2021
Total funding:
$180,000,000
Investors
Francisco Partners, GS Growth, NightDragon

Kolide

The main SaaS offering from Kolide was designed from the bottom up to help businesses follow the principles of Honest Security while achieving their compliance and security objectives. Kolide enables teams to provide their organization's security advice on Slack so it is most effective for an end-user, as opposed to shutting down equipment. Kolide secures devices through Slack for more than 250 clients, offering millions of individualized security and compliance suggestions for their Linux, Mac, and Windows devices. Visit https://www.kolide.com/ to discover more.

Company details:
Founders:
Jason Meller, Mike Arpaia, Zach Wasserman
Founded:
2016
Based in:
Boston, Massachusetts, United States
Website:
Kolide
Industries:
Cloud Security, Cyber Security, Enterprise Software, Information Technology, SaaS, Software
Latest funding:
$17,000,000
Series B
16 September 2021
Total funding:
$26,600,000
Investors
Matrix Partners, OpenView

Lambent

Software provider Lambent, located in Boston, enables data-driven real estate decisions. Using current data sources like Wi-Fi, the Lambent Spaces platform provides occupancy statistics and utilization trends. On corporate and university campuses, it provides real estate experts with actionable knowledge so they can maximize their available space. Visit Lambent Spaces at https://lambentspaces.com to learn more.

Company details:
Founders:
Charles Curran, Chris Lord, Julie Johnson
Founded:
2017
Based in:
Boston, Massachusetts, United States
Website:
Lambent
Industries:
Computer, Facilities Support Services, Network Security, SaaS, Software
Latest funding:
$12,000,000
Series A
24 August 2021
Total funding:
$26,800,000
Investors
MassVentures, Inovia Capital, Will Ventures, Nimble Ventures, Glasswing Ventures

mabl

By firmly integrating automated end-to-end testing throughout the whole CI/CD development lifecycle, Mabl, an intelligent test automation provider, aids software development teams in developing a culture of quality. Users gain from a single platform that makes it simple to create, run, and manage auto-healing, trustworthy tests that speed up the delivery of high-quality apps. Dan Belcher and Izzy Azeri co-founded the business in 2017, and its headquarters are in Boston, Massachusetts.

Company details:
Founders:
Dan Belcher, Izzy Azeri
Founded:
2017
Based in:
Boston, Massachusetts, United States
Website:
mabl
Industries:
Developer Tools, Product Management, SaaS, Software
Latest funding:
$40,000,000
Series C
18 November 2021
Total funding:
$76,099,001
Investors
GV, Presidio Ventures, Amplify Partners, CRV, Vista Equity Partners

Monit

Monit, a company owner's companion that links to any accounting platform, enables time-starved business owners to enhance their financial performance, more accurately forecast the future, and dynamically plan without ever touching another spreadsheet. Banks and other business partners that want to help their company clients prosper and get a better night's sleep are giving Monit out for free to SMBs.

Company details:
Founders:
Sean Collins, Stephen Dow
Founded:
2019
Based in:
Boston, Massachusetts, United States
Website:
Monit
Industries:
Banking, Financial Services, FinTech, Predictive Analytics, SaaS, Software
Latest funding:
$5,200,000
Seed
13 April 2021
Total funding:
$5,200,000
Investors
Correlation Ventures, MassChallenge, TTV Capital, Runway Venture Partners, Joe Proto

NewStore

Retailers may use NewStore's platform to manage their storefronts on iPhones. The firm offers Omnichannel-as-a-Service with the first integrated cloud OMS and mobile POS, specifically designed for mobile shoppers. Retailers may provide seamless shopping experiences across the infinite aisle, mobile checkout, store fulfillment, real-time inventory, and clienteling thanks to intuitive store associate apps. Retailers can easily build an omnichannel strategy that is quick and flexible thanks to an API-first design and a large partner ecosystem. Stephan Schambach, who pioneered e-commerce at Demandware, launched NewStore (now Salesforce Commerce Cloud). The business has locations in Boston, New York, and Berlin.

Company details:
Founders:
Stephan Schambach
Founded:
2015
Based in:
Boston, Massachusetts, United States
Website:
NewStore
Industries:
E-Commerce, Mobile, Retail, Retail Technology, SaaS, Shopping
Latest funding:
$45,000,000
Series B
7 July 2021
Total funding:
$155,399,998
Investors
General Catalyst, Salesforce Ventures, Activant Capital, Enjoyventure Management, Stephan Schambach

OutSystems

OutSystems is a low-code platform that enables businesses to develop, deploy, and manage enterprise-grade apps. The modern application platform's high productivity, connected, and AI-assisted tools help developers to innovate through software. It enables organizations to build applications that transform the customer experiences, delivers workplace innovation, automates processes, or modernizes core systems faster. OutSystems makes this possible by combining the power of low-code tools with advanced development capabilities, enabling visual development of entire applications that easily integrate with existing systems. The company is backed by investors such as Abdiel Capital, Tiger Global Management, Goldman Sachs, Kohlberg Kravis Roberts, North Bridge Venture Partners & Growth Equity, and Armilar Venture Partners. Paulo Rosado and Rui Pereira co-founded the Boston, Massachusett-based company in 2001.

Company details:
Founders:
Paulo Rosado, Rui Pereira
Founded:
2001
Based in:
Boston, Massachusetts, United States
Website:
OutSystems
Industries:
Data Integration, Developer Platform, Developer Tools, PaaS, SaaS, Software
Latest funding:
$230,000,000
Series G
15 October 2022
Total funding:
$802,081,804
Investors
Goldman Sachs, Tiger Global Management, Kohlberg Kravis Roberts, General Atlantic, Portugal Ventures

Panorama Education

Panorama Education brings the power of data to education through a SaaS platform used by hundreds of school districts across the US. Based in Boston, Massachusetts, Panorama Education is a data analytics company for K-12 education. They help school districts, charter networks, and state governments conduct surveys of students, parents, teachers, and staff. Their classroom surveys collect feedback about individual teachers, and their school surveys gather data about the school environment and administrators. They believe that stakeholder feedback is a powerful professional development tool, and they believe that stakeholder surveys--when done correctly--make educator evaluation systems fairer and more effective.

Company details:
Founders:
Aaron Feuer, Alexander Tanner, David Carel
Founded:
2012
Based in:
Boston, Massachusetts, United States
Industries:
Analytics, Big Data, Education, SaaS
Latest funding:
$60,000,000
Series C
2 September 2021
Total funding:
$92,670,001
Investors
Alumni Ventures, Y Combinator, GV, Sam Altman, Uncork Capital

parcelLab Inc.

parcelLab is an Operations Experience Management platform that transforms complex data into an intelligent solution. The parcelLab technology allows real-time monitoring of every single order for maximum support and customer engagement. Communication automation focuses on customer relevance to maximize customer satisfaction and retention.

Company details:
Founders:
Anton Eder, Julian Krenge, Tobias Buxhoidt
Founded:
2015
Based in:
Boston, Massachusetts, United States
Industries:
Delivery, Logistics, SaaS, Shipping, Software
Latest funding:
$112,000,000
Series C
11 May 2021
Total funding:
$112,055,104
Investors
Insight Partners, Bayern Kapital, SAP.iO, Capnamic Ventures, Endeit Capital

SaasWorks

Each Subscription and SaaS company' revenue performance is driven by SaaSWorks. We're on a mission to make data-driven insights and skills more widely available so that anybody can create and run these high-value, high-growth enterprises. These features are currently only available in the unicorns and deca-corns of the subscription and SaaS industries.

Company details:
Founders:
Jim O'Neill, Vipul Shah
Founded:
2019
Based in:
Boston, Massachusetts, United States
Website:
SaasWorks
Industries:
SaaS
Latest funding:
$6,000,000
Seed
12 December 2022
Total funding:
$11,000,000
Investors
Vestigo Ventures, Conversion Ventures LLC

Spoiler Alert

A Boston-based software startup called Spoiler Alert assists perishable CPG brands in managing excess and sluggish inventory. Spoiler Alert, which only operates at the manufacturing plant or distribution center level, provides a best-in-class B2B sales platform that enables food and beverage brands to manage their liquidation processes across a private network of discount retailers and nonprofit channels - with a strong emphasis on maximizing value recovery, strengthening customer relationships, and improving the effectiveness of supply chain managers tasked with managing these typically manual sales processes. Spoiler Alert, a company founded by MIT graduates, collaborates with some of the biggest companies in the world, such as Campbell's, Danone, HelloFresh, KeHE Distributors, and Kraft Heinz, as well as a growing network of discount channels devoted to expanding access to inexpensive food.

Company details:
Founders:
Emily Malina, Marty Sirkin, Ricky Ashenfelter
Founded:
2015
Based in:
Boston, Massachusetts, United States
Industries:
B2B, E-Commerce Platforms, Enterprise Software, Food and Beverage, Recycling, SaaS, Software, Supply Chain Management, Sustainability, Waste Management
Latest funding:
$11,000,000
Series A
1 December 2021
Total funding:
$16,168,000
Investors
Techstars, Collaborative Fund, MassChallenge, Maersk Growth, Acre Venture Partners

ThreatX

ThreatX’s API protection platform makes the world safer by protecting APIs from all threats, including DDoS attempts, BOT attacks, API abuse, exploitations of known vulnerabilities, and zero-day attacks. Its multi-layered detection capabilities accurately identify malicious actors and dynamically initiate appropriate action. ThreatX effectively and efficiently protects APIs for companies in every industry across the globe.

Company details:
Founders:
Andrew Useckas, Bret Settle
Founded:
2014
Based in:
Boston, Massachusetts, United States
Website:
ThreatX
Industries:
Cyber Security, Information Technology, SaaS, Security
Latest funding:
$30,000,000
Series B
17 August 2022
Total funding:
$51,591,638
Investors
.406 Ventures, Service Provider Capital, Grotech Ventures, Vistara Capital Partners, Stout Street Capital

Tomorrow.io

Tomorrow.io develops a SaaS Weather intelligence platform that provides real-time weather forecasts. Fully customizable to any industry impacted by the weather, customers around the world including the NFL, Uber, Delta, Ford, National Grid, and more use Tomorrow.io to dramatically improve operational efficiency. Tomorrow.io was built from the ground up to help teams predict the business impact of weather, streamline team communication and action plans, improve productivity, and optimize profit margins. Tomorrow.io has operations across North America, Latin America, Europe, and Asia.

Company details:
Founders:
Itai Zlotnik, Rei Goffer, Shimon Elkabetz
Founded:
2016
Based in:
Boston, Massachusetts, United States
Website:
Tomorrow.io
Industries:
Big Data, Business Information Systems, Environmental Consulting, SaaS
Latest funding:
$77,000,000
Series D
30 March 2021
Total funding:
$183,949,997
Investors
SoftBank, Canaan Partners, Square Peg Capital, Fontinalis Partners, JetBlue Ventures

Vendr

Vendr is the top SaaS purchase and management platform that aids businesses in finding the appropriate software, purchasing it at a reasonable price, and managing it with ease. Finance and procurement professionals may use Vendr for each step of the buying process, from looking for new tools to haggling back and forth to staying up to date on impending renewals, since it is the SaaS buying category developer with the largest data collection. The business is headquartered in Boston, Massachusetts, and was established in 2019. To increase our capabilities for our clients, we recently funded $150M Series B and purchased SaaS management platform, Blissfully.

Company details:
Founders:
Aaron White, Ryan Neu
Founded:
2019
Based in:
Boston, Massachusetts, United States
Website:
Vendr
Industries:
Information Technology, Logistics, SaaS, Software
Latest funding:
$150,000,000
Series B
16 June 2022
Total funding:
$216,000,000
Investors
Garage Capital, Y Combinator, Tiger Global Management, Craft Ventures, F-Prime Capital

Verb Data

Verb addresses the actual challenges associated with creating end-user dashboards and reports, allowing you to concentrate on your company while still giving your people excellent data experiences.

Company details:
Founders:
Dave Hurt, Oleg Fridman
Founded:
2020
Based in:
Boston, Massachusetts, United States
Website:
Verb Data
Industries:
SaaS, Software
Latest funding:
$3,000,000
Seed
6 January 2022
Total funding:
$3,000,000
Investors
Packy McCormick, RallyCry Ventures, El Cap Holdings, Matt MacInnis, Steve Garrity

Wabbi

Businesses may ship code that complies with their application-specific security criteria thanks to Wabbi's continuous security platform. While development teams are empowered to manage security as part of their daily workflows, integrating procedures amongst Development, Security, and Operations teams, security teams acquire centralized, automated oversight by orchestrating each enterprise's specific application security program. The business is headquartered in Boston, Massachusetts, and was established by Brittany Greenfield in 2018.

Company details:
Founders:
Brittany Greenfield
Founded:
2018
Based in:
Boston, Massachusetts, United States
Website:
Wabbi
Industries:
Cyber Security, Developer Platform, Developer Tools, Enterprise Software, SaaS, Software
Latest funding:
$2,000,000
Seed
2 November 2021
Total funding:
$2,000,000
Investors
Starburst Accelerator, Work-Bench, Cisco Investments, Mendoza Ventures, Matt Provo

Zilla Security

A software-as-a-service security management platform is offered by the early-stage security business Zilla Security. Its main office is located in Boston, Massachusetts, and it was created in 2019.

Company details:
Founders:
Deepak Taneja, Nitin Sonawane
Founded:
2019
Based in:
Boston, Massachusetts, United States
Industries:
Information Technology, SaaS, Security, Software
Latest funding:
$13,500,000
Series A
31 August 2022
Total funding:
$18,625,000
Investors
FirstMark, Pillar VC, Tola Capital

Zoovu

The next-generation digital commerce search platform, Zoovu, combines context and meaning across channels to support merchants and brands in having meaningful, one-on-one interactions with consumers. By converting technical specifications into a discourse that is understandable to the client, Zoovu's proprietary AI naturally comprehends and speaks the customer's language. To better connect, inform, and empower customers to make decisions about purchases at the critical times, businesses must ultimately adapt to their conversational styles. With Zoovu's top-notch semantic library, you can quickly decipher the context and purpose of each search your consumers make. More than 3,500 companies, including Amazon, P&G, Whirlpool, and Microsoft, use Zoovu to engage, inform, and empower consumers to locate and purchase the appropriate products. In more than 500 product categories and in all major languages, Zoovu operates globally.

Company details:
Founders:
Markus Linder, Martin Schliefnig
Founded:
2006
Based in:
Boston, Massachusetts, United States
Website:
Zoovu
Industries:
Artificial Intelligence, Digital Marketing, E-Commerce, Information Technology, SaaS
Latest funding:
$169,000,000
Series C
15 June 2022
Total funding:
$188,264,748
Investors
Beringea, FTV Capital, Target Global

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