2 SaaS Startups in the Crowdsourcing Industry

January 24, 2023

SaaS startups have become the darling of Venture Capital investors, especially in the Crowdsourcing 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 Crowdsourcing industry.

Simply Do Ideas

An enterprise SaaS platform called Simply Do enables organizations to effectively crowdsource innovation to bring about business progress. Clients in academics, engineering, healthcare, financial services, and government use the AI-powered software. They were recently listed with Salesforce and Slack in the list of "20 SaaS Startups to Watch in 2020." (AiThority.com).

Company details:
Founders:
Lee Sharma, Will Webberley
Founded:
2015
Based in:
Cardiff, Cardiff, United Kingdom
Industries:
Collaboration, Crowdsourcing, Enterprise Software, Innovation Management, SaaS
Latest funding:
$699,471
Seed
7 April 2021
Total funding:
$1,629,071
Investors
Development Bank of Wales, Sunnybarn Investments, Paul Teather, Philip Buck, Andrew Diplock

Suzy

Suzy is a technological platform with its headquarters in New York City that uses the combined insights of millions of customers to provide real-time knowledge. Suzy is the voice of the customer, assisting businesses in validating key hypotheses so they can produce appealing new goods, successful marketing plans, and direct offers that boost conversion, enhance path-to-purchase, and promote growth. The Durant Company, Foundry Group, Tribeca Venture Partners, and other investors support the business. Fortune 500 companies and up-and-coming companies alike trust the company, which has clients like Netflix, Coca-Cola, Procter & Gamble, Johnson & Johnson, Citibank, Verizon, Nintendo, and Nestle among others. Suzy provides businesses with an unparalleled direct channel of contact to their consumers on demand, enabling them to rapidly confirm anything, anytime, anywhere. Millions of business decisions are made every day based on unproven assumptions.

Company details:
Founders:
Brandon Evans, Kareem Kouddous, Matt Britton
Founded:
2009
Based in:
New York, New York, United States
Website:
Suzy
Industries:
Artificial Intelligence, Business Intelligence, Crowdsourcing, Market Research, Product Research, SaaS
Latest funding:
$50,000,000
Series D
28 July 2021
Total funding:
$104,100,000
Investors
Trinity Capital, H.I.G. Capital, Foundry Group, BDMI, Tribeca Venture Partners

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