5 SaaS Startups in the Service Industry Industry

January 24, 2023

SaaS startups have become the darling of Venture Capital investors, especially in the Service Industry 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 5 VC funded SaaS startups in the Service Industry industry.

CHAOS

A revolutionary Location Intelligence solution for ethical business choices is called CHAOS. At CHAOS, we think that decision-making by stakeholders that is informed and centered on people is essential to the creation and development of livable cities. Businesses and services that result from interactions between these stakeholders, as well as those involved in the city development value chain, can get commercial insights from CHAOS to help them grow. CHAOS develops benchmarks and useful insights for the improvement of cities and enterprises by combining unstructured and geolocated data into a platform and applying scientific techniques and machine learning.

Company details:
Founders:
Jorge Urias, Natalia Rincón, Paloma Bautista
Founded:
2017
Based in:
Helsinki, Southern Finland, Finland
Website:
CHAOS
Industries:
Architecture, Artificial Intelligence, Geospatial, Location Based Services, Machine Learning, SaaS, Service Industry, Smart Cities, Software
Latest funding:
$1,817,998
Seed
28 January 2021
Total funding:
$2,107,999
Investors
Stefan Lindeberg, Nidoco, Tapio Heikkilä, Kai Keituri

Frontu (formerly Tasker)

A versatile and efficient tool for managing activities, procedures, and staff is Frontu. It connects your office employees with your field service representatives in real time and is designed for companies with mobile workforces. Your field service professional uses a customized app on his Android device, and your office employee handles the process through the online portal.

Company details:
Founders:
Arunas Eitutis, Paulius Lazauskas
Founded:
2014
Based in:
Kaunas, Kauno Apskritis, Lithuania
Industries:
AgTech, Building Maintenance, Facility Management, SaaS, Security, Service Industry, Software
Latest funding:
$646,407
Seed
24 August 2021
Total funding:
$2,523,901
Investors
LT Capital, iTo, Open Circle Capital, Kair Käsper, Tele2

Kollabo

Kollabo is a deep job platform for blue-collar professionals. We succeed at matching job searchers with staffing agencies perfectly because of our extensive network of temporary offices and skilled people. The hiring process has never been so simple and hassle-free for everyone involved. All stakeholders are to be made digitally capable in order to create a win-win scenario. With Kollabo - we simplify work - it really can be that easy.

Company details:
Founders:
Andri Studer, Cédric Baumgartner, Manuel Inauen
Founded:
2018
Based in:
Zürich, Zurich, Switzerland
Website:
Kollabo
Industries:
Human Resources, Marketing, Recruiting, SaaS, Service Industry, Staffing Agency
Latest funding:
$2,579,014
Seed
21 September 2021
Total funding:
$3,304,452
Investors
Wingman Ventures, PropTech1 Ventures, Virtual Network, Roland Brack, Christian Wenger

Spendflo

A SaaS procurement and renewal service called Spendflo is devoted to assisting organizations with the negotiation, purchase, and renewal of their SaaS solutions. By automating and improving the request, approval, and onboarding processes for SaaS, we help clients like you save time and money. Our team of knowledgeable managers and buyers collaborate with you to fully grasp your requirements, then utilize our understanding of pricing benchmarks to negotiate the best price and complete the paperwork as quickly as possible.

Company details:
Founders:
Ajay Vardhan, Rajiv Ramanan, Rajiv Ramanan, Siddharth Sridharan
Founded:
2021
Based in:
San Francisco, California, United States
Website:
Spendflo
Industries:
Information Technology, SaaS, Service Industry
Latest funding:
$4,400,000
Seed
14 June 2022
Total funding:
$4,400,000
Investors
peercheque, Accel Atoms, Accel India, Together Fund, Signal Peak Ventures

Xinren Xinshi

A system for managing human resources is Xinren Xinshi. This solution includes every module of human resources and is intended to offer effective company services. Their "Xinren Xinshi" software offers businesses a SaaS-based HR solution. More than 16000 clients use the Xinren Xinshi platform to handle their payrolls and conduct other relevant activities across the entirety of China. Xinren Xinshi offers a one-stop shop for all HR-related operations, such as personnel management, recruiting, social security, performance assessment, work attendance, and so forth, in addition to payroll services.

Company details:
Founders:
Chang Hing Lung, Chuya Rainbow, Lu Heng, Lv Shijie
Founded:
2015
Based in:
Beijing, Beijing, China
Industries:
Corporate Training, Human Resources, Internet, SaaS, Service Industry
Latest funding:
$45,107,355
Series D
23 May 2022
Total funding:
$85,117,356
Investors
Sequoia Capital, Kingdee, Raycloud, Gaocheng Capital, Alpha Startups

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