2 SaaS Startups in the Consumer Software Industry

January 24, 2023

SaaS startups have become the darling of Venture Capital investors, especially in the Consumer Software 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 2 VC funded SaaS startups in the Consumer Software industry.

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

Loxonet

headquartered in Hamburg, Germany, is a social intranet SaaS company. Listed among the Top 100 Fastest-Growing Startups in Germany by Business Insider. AiF FTK and Deutsche Telekom's official product.

Company details:
Founders:
Benedikt Weitz, Hermann Eul, Michael Merz
Founded:
2018
Based in:
Hamburg, Hamburg, Germany
Website:
Loxonet
Industries:
Cloud Computing, Consumer Software, Professional Networking, SaaS, Social Network, Software, Software Engineering
Latest funding:
$901,496
Seed
1 May 2021
Total funding:
$1,744,931
Investors
Companisto, Benedikt Weitz, Frank Lüders, Ronald Herkert, Hermann Eul

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