15 SaaS Startups in the PaaS Industry

January 24, 2023

SaaS startups have become the darling of Venture Capital investors, especially in the PaaS 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 15 VC funded SaaS startups in the PaaS industry.

Artifakt

The fastest route to the cloud from a web application is via Artifakt. Digital teams may deploy and maintain their online projects independently thanks to Artifakt. A straightforward yet effective solution called Artifakt is designed to redesign and speed up the whole Cloud deployment process while freeing up skilled developers to resume doing what they love most: creating amazing things.

Company details:
Founders:
Aymeric Aitamer, Julien Didier
Founded:
2014
Based in:
Paris, Ile-de-France, France
Website:
Artifakt
Industries:
Cloud Computing, Cloud Management, Developer Platform, PaaS, SaaS, Software
Latest funding:
$4,433,893
Series A
17 March 2021
Total funding:
$6,130,798
Investors
Verve Ventures, Kima Ventures, Plug and Play, Omnes Capital, Wilco

CircleCI

By automating the build, test, and deploy process, CircleCI's continuous integration and delivery platform enables software teams to confidently and quickly release code. It enables teams to grow simply, ramp up swiftly, and create with assurance every day. In today's competitive environment, software teams must move quickly, but as apps and systems get bigger and more complicated, it can be challenging to keep up with the pace. Before issues even reach clients, developers may find them and fix them with CircleCI. CircleCI is used by thousands of top businesses, like Facebook, Kickstarter, Shyp, and Spotify, to speed up code delivery and free up engineers to concentrate on quickly producing business value. The Silicon Valley Business Journal and the San Francisco Business Times have recognized CircleCI as one of the Bay Area's Best Places to Work for 2018. With a worldwide remote workforce and a stunning downtown San Francisco headquarters, CircleCI was founded in 2011. Scale Venture Partners, DFJ, Baseline Ventures, and Harrison Metal Capital provide venture funding.

Company details:
Founders:
Allen Rohner, Paul Biggar
Founded:
2011
Based in:
San Francisco, California, United States
Website:
CircleCI
Industries:
Cloud Computing, Developer Tools, Information Technology, PaaS, Productivity Tools, SaaS, Software
Latest funding:
$100,000,000
Series F
11 May 2021
Total funding:
$315,000,000
Investors
500 Global, IVP, Industry Ventures, Sapphire Ventures, SV Angel

Datorios (FMA Metrolink.ai)

With the use of no-code interfaces, Metrolink offers data teams answers to the problem of a lack of data engineers. Palo Alto, California, served as the home base for Metrolink, which was established in 2021.

Company details:
Founders:
Asaf Cohen, Idan Shchori, Lior Susan, Ronen Korman
Founded:
2021
Based in:
Palo Alto, California, United States
Industries:
Analytics, Big Data, Database, PaaS, Predictive Analytics, SaaS, Software
Latest funding:
$22,000,000
Seed
18 October 2021
Total funding:
$22,000,000
Investors
Eclipse Ventures, Grove Ventures

HUBX

Investment professionals are given the tools they need to manage their workflows and relationships with insight, intelligence, and control thanks to HUBX, which was created by seasoned capital markets experts. Advisors may handle transactions from origination through distribution using HUBX's out-of-the-box solution. Acceptable for:

Company details:
Founders:
Axel Coustere, Stephen Ong
Founded:
2015
Based in:
London, England, United Kingdom
Website:
HUBX
Industries:
Enterprise Software, Financial Services, FinTech, PaaS, SaaS
Latest funding:
$1,500,000
Series A
28 October 2021
Total funding:
$7,302,548
Investors
Investment Banks •

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

Overproof.com

Overproof is a business intelligence company that helps customers in the adult beverage industry create, execute and analyze winning brand strategies. We bring together the power of “big data”, Overproof’s proprietary market insights and our customer’s business data to maximize our customer’s success going to market. Our commercial planning and brand management platform gives customers access to insights, methodologies, networks and tracking tools that help build business success. At the core of our company is the belief that smarter metrics lead to actionable insights, which inform better decisions, which in turn fuel business growth. We are an equal opportunity employer and value diversity at our company. We do not discriminate based on race, religion, color, nationality, gender, sexual orientation, age, marital status, veteran status, or disability status.

Company details:
Founders:
Marc de Kuyper
Founded:
2019
Based in:
Miami, Florida, United States
Industries:
Information Technology, Machine Learning, Marketing Automation, PaaS, SaaS, Wine And Spirits
Latest funding:
$2,800,000
Seed
1 December 2021
Total funding:
$8,980,500
Investors
Patrick Stal, Marc de Kuyper

PROCESIO

PROCESIO is an enterprise-grade integration Platform-as-a-Service (iPaaS) to streamline software, integrate data, and automate processes using no-code and low-code technology. recent breakthroughs in no-code low-code software integration and data processing have shown us that we can empower our clients to build software >5x faster than through a traditional codding approach. A collaborative iPaaS such as PROCESIO allows non-technical employees to build their own software applications and workflows visually without writing code, and pass the more complex tasks to developers if necessary, all within the same platform in a scalable and secure environment. This flexibility provides the necessary agility to adapt to fast market changes, without having to invest heavily in developers or risk ‘shadow IT’. PROCESIO is bootstrapped from the mother company RINGHEL, a leading ERP/ CRM software provider for the energy and gas industry in CEE since 2011.

Company details:
Founders:
Marian Voicu, Mihai Darzan
Founded:
2020
Based in:
Bucharest, Bucuresti, Romania
Website:
PROCESIO
Industries:
Data Center Automation, Enterprise Resource Planning (ERP), Enterprise Software, Information Technology, PaaS, SaaS, Software
Latest funding:
$729,007
Seed
12 April 2021
Total funding:
$1,394,509
Investors
SeedBlink

Reltio

Reltio's philosophy is that data should empower businesses, not hinder them. Their ground-breaking, cloud-native technology combines complicated, multi-source data into a single, reliable source. It can adapt at will and is adaptable enough to match the demands of every firm, resulting in quicker data value development and continued effectiveness. Data may be acted upon with confidence since it is also completely compliant and secure. Our multifaceted client base, which includes start-ups and major corporations in more than 140 countries and a variety of industries, depends on our platform to help them succeed. Go to www.reltio.com for more information on Reltio.

Company details:
Founders:
Anastasia Zamyshlyaeva, Manish Sood
Founded:
2011
Based in:
Redwood Shores, California, United States
Website:
Reltio
Industries:
Analytics, Data Integration, PaaS, SaaS, Software
Latest funding:
$120,000,000
Series E
4 November 2021
Total funding:
$237,000,000
Investors
.406 Ventures, New Enterprise Associates, Sapphire Ventures, Brighton Park Capital, NewView Capital

Rendered.ai

Rendered.ai is the Platform as a Service (PaaS) for data scientists, data engineers, and developers who need to create and deploy unlimited, customized synthetic data generation for machine learning and artificial intelligence workflows, reducing expense, closing gaps, and overcoming bias, security, and privacy issues when compared with the use or acquisition of real-world data. Rendered.ai moves the process of creating and exploiting synthetic data closer to the business need by providing a collaborative environment, samples, and cloud resources to quickly get started defining new data generation channels, creating datasets in high-performance computing environments, and providing tools to characterize and catalog existing and synthetic datasets. To try out our hosted PaaS, request access here: https://hubs.li/Q01b7qTn0 We offer a flexible subscription business model that allows customers to generate as much data as they want for a flat monthly fee. Rendered.ai was founded in 2019 and is based in Bellevue, Washington.

Company details:
Founders:
Nathan Kundtz
Founded:
2019
Based in:
Bellevue, Washington, United States
Website:
Rendered.ai
Industries:
Artificial Intelligence, Developer Tools, Machine Learning, PaaS, SaaS, Software
Latest funding:
$6,000,000
Seed
5 October 2021
Total funding:
$6,000,000
Investors
Space Capital, Congruent Ventures, Union Labs Ventures, Tectonic Ventures, Uncorrelated Ventures

Scaleup Finance

Scaleup Finance is a financial management software with a subscription-based model created to enhance the management and administration of financial operations. Clients that have their money under control may focus on activities that enhance their company's worth.

Company details:
Founders:
Alexander Wulff, Nicolai Rasmussen, Patrick Jørgensen, Thorbjorn Ronje
Founded:
2020
Based in:
Copenhagen, Hovedstaden, Denmark
Industries:
Finance, PaaS, SaaS, Software
Latest funding:
$5,500,000
Seed
1 August 2022
Total funding:
$6,700,000
Investors
Fin Capital, PROfounders Capital, Clocktower Technology Ventures, CircleRock Capital, Thorbjorn Ronje

Sky.One Solutions

For businesses wishing to change the way they interact with their systems and information in real time, Sky.One provides cloud computing solutions. With a platform that is entirely cloud-based, Sky.One creates tools and applies their expertise in the industry to assist several businesses in overcoming the challenges associated with the cloud migration process. Founded by IT professionals, Sky.One has a team of cloud specialists that focus on building the tools and platforms that are now being used by hundreds of businesses and software solutions worldwide.

Company details:
Founders:
Ricardo Brandão
Founded:
2013
Based in:
São Paulo, Sao Paulo, Brazil
Industries:
Cloud Computing, Cyber Security, Data Integration, Information Services, Information Technology, PaaS, SaaS, Software
Latest funding:
$10,000,000
Series B
1 June 2021
Total funding:
$25,496,753
Investors
Banco Bradesco, InovaBRA, Invest Tech

SnapLogic

SnapLogic offers a platform for integrating big data with the enterprise cloud. Data and process flow between apps, databases, data warehouses, big data streams, and IoT installations are sped up using the company's Intelligent Integration Platform. both on-site and in the cloud. On a single platform, it also makes it possible to combine many endpoints, such as SaaS, ERP applications, APIs, data warehouses, big data, and "things." SnapLogic's straightforward platform makes it possible for IT and business users to create high-quality, scalable data pipelines that deliver the appropriate data to the appropriate people at the appropriate time, in contrast to traditional integration software that necessitates painstaking, hand-crafted coding by teams of developers. SnapLogic achieves instant value by striking a balance between platform capability and design simplicity. The organization's user-friendly, cloud-based, self-service software enables simple snap-and-assemble orchestrations using a drag-and-drop interface, making it easy for citizen integrators to learn while yet being robust enough for engineers.

Company details:
Founders:
Mike Pittaro
Founded:
2006
Based in:
San Mateo, California, United States
Website:
SnapLogic
Industries:
Cloud Computing, Cloud Data Services, Enterprise Software, Information Technology, PaaS, SaaS
Latest funding:
$165,000,000
Series H
13 December 2021
Total funding:
$371,299,999
Investors
Microsoft, Andreessen Horowitz, Naval Ravikant, Sixth Street Partners, Golub Capital

Unifonic

Unifonic is a leading cloud-based customer communication and engagement solutions (CPaaS) provider in the MENA region that empowers organizations to engage seamlessly with their customers. Since it was founded in 2006, Unifonic has consistently developed its product line and its markets to provide an affordable enterprise-grade multilingual, seamless omnichannel communications platform throughout the Middle East.

Company details:
Founders:
Ahmed Hamdan, Hassan Hamdan
Founded:
2006
Based in:
Dubai, Dubai, United Arab Emirates
Website:
Unifonic
Industries:
Cloud Computing, Information Technology, Messaging, PaaS, SaaS, SMS
Latest funding:
$125,000,000
Series B
15 September 2021
Total funding:
$146,000,000
Investors
SoftBank Vision Fund, Sanabil, Elm, Endeavor Catalyst, Bossanova Investimentos

Vendia

The commercial blockchain platform from Vendia enables safe, trustworthy, and managed data exchange between various parties, assisting businesses in automating and accelerating data operations across corporate networks.

Company details:
Founders:
Shruthi Rao, Tim Wagner
Founded:
2020
Based in:
San Francisco, California, United States
Website:
Vendia
Industries:
Blockchain, Cloud Infrastructure, Data Integration, Information Technology, PaaS, SaaS
Latest funding:
$30,000,000
Series B
31 May 2022
Total funding:
$50,600,000
Investors
Neythri Futures Fund, Correlation Ventures, Lux Capital, Operator Partners, Sorenson Capital

VIKTOR

The platform for developing low-code applications for engineering and construction is called VIKTOR. We enable engineers to quickly create expert, interdisciplinary web apps for process automation and optimization. Profit from all the benefits of cloud-based bespoke software without the requirement for in-house software engineering expertise. VIKTOR is designed for engineers; take the time to standardize and enhance your workflow. We handle the rest for you! With its headquarters in Rotterdam, the Netherlands, VIKTOR was established in 2017. Automate the dull tasks. Construct the fantastic!

Company details:
Founders:
Peter Madlener, Wouter Riedijk
Founded:
2017
Based in:
Rotterdam, Zuid-Holland, The Netherlands
Website:
VIKTOR
Industries:
Civil Engineering, Construction, Developer Platform, Developer Tools, Information Technology, PaaS, SaaS, Software
Latest funding:
$5,376,604
Series A
12 December 2022
Total funding:
$7,376,605
Investors
Newion, APG Asset Management, InnovationQuarter, Peter Madlener, Wouter Riedijk

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