2 SaaS Startups in Washington

January 24, 2023

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

ChurnZero

Subscription businesses may combat client attrition with the aid of ChurnZero. Through timely and pertinent interactions, its software solutions enable businesses to learn how their customers use their products, evaluate their health and probability to renew, and tailor the customer experience. You Mon Tsang and Mark Heys established ChurnZero in 2015, with its main office in Arlington, Virginia.

Company details:
Founders:
Mark Heys, You Mon Tsang
Founded:
2015
Based in:
Washington, District of Columbia, United States
Website:
ChurnZero
Industries:
Enterprise Software, SaaS, Software
Latest funding:
$25,000,000
Series B
4 March 2021
Total funding:
$34,500,000
Investors
Baird Capital, JMI Equity, Middleland Capital, Grotech Ventures, Center for Innovative Technology

Virtru

Organizations can effortlessly unleash the potential of data while still keeping control, regardless of where it is kept and shared, thanks to Virtru. Creators of the open industry standard for persistent data protection known as TDF (Trusted Data Format), Virtru offers adaptable, user-friendly, and reliable privacy technologies based on its data protection platform that control access to data during all stages of its lifecycle, including creation, transmission, storage, analysis, and sharing. More than 20,000 businesses of all sizes and sectors rely on Virtru to safeguard their data and personal information. With its headquarters in Washington, District of Columbia, Virtu was founded in 2012.

Company details:
Founders:
John Ackerly, Will Ackerly
Founded:
2012
Based in:
Washington, District of Columbia, United States
Website:
Virtru
Industries:
Cyber Security, Information Technology, Privacy, SaaS, Security, Software
Latest funding:
$60,000,000
Series C
20 January 2022
Total funding:
$139,760,000
Investors
Tiger Global Management, Bessemer Venture Partners, Samsung NEXT, New Enterprise Associates, ICONIQ Growth

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