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What market factors do early-stage investors look for when evaluating vertical SaaS companies? 1. Inefficiency and High Costs Industries with high operational costs and waste in their processes are prime targets for software that addresses those problems. 2. Heavy Data Volume Industries that generate or rely on large amounts of data can benefit from software that helps with data management, analysis and decision-making. 3. Regulatory Complexity Industries with new or challenging requirements may benefit from software that simplifies compliance, manages risk and ensures adherence to laws. 4. High Transaction Volume Industries that handle a heavy amount of transactions daily are ideal for software that automates processes, reduces errors and eliminates paper. We've teamed up with Luke Sophinos for a new report. It lists some of the verticals where early-stage U.S. startups raised the most funding in Q1, along with some SaaS highlights in each industry. You can read it here: https://hubs.la/Q02wdZjb0

🏭🤖 Resilience in Industrial Software Investments: At Atlas Ventures, we're proud to share valuable insights on why industrial tech businesses demonstrate resilience and trade at a premium compared to generic SaaS companies. As industrial tech investors, we've observed that: ▪ High Survival Rate: Our early-stage investments, both from deals led by our GPs in prior roles and under the Atlas Ventures umbrella, show a >90% survival rate over seven years ▪Follow-On Investments: Two-thirds of these investments have received follow-on funding ▪Higher Stickiness: Industrial tech businesses offer higher stickiness and steadier growth compared to consumer-facing software/apps ▪Premium Trading: This stability is reflected in public markets, where industrial tech companies trade at a premium to general SaaS At Atlas Ventures, we believe industrial tech provides a compelling opportunity for LPs within the VC asset class, combining resilience and potential for sustainable growth. #IndustrialTech #VCInsights #AtlasVentures #TechInvesting #SustainableGrowth

Additional funding will fuel Firmus’ rapid growth in cutting-edge AI-driven bid-ability and constructability review with expanded capabilities, new system integrations, and deeper market penetration. #preconstruction #constructiontech #firmusai

Since last post we’ve seen 6 acquisitions, 16 fundraising rounds, 12 people moves & promotions, 2 new firm launches, 1 survey, and 4 roles. What's your favorite deal or move? Post in the comments. Full newsletter here: https://lnkd.in/eVegaGec AlphaSense acquired Tegus (investment and market research). DataGuard acquired DPOrganizer (data privacy management). Formstack acquired Open Raven (data management and security). Nuqleous acquired TR3 Solutions (retail and supply chain analytics). Robinhood acquired Bitstamp (crypto exchange). Tenable acquired Eureka Security (data security posture management). Aidentified, Inc. (AI-powered prospecting) raised $12.5M in a Series B from FactSet. AlphaSense (investment and market research) raised $650M at a $4B valuation in a round led by Viking Global and BDT & MSD Partners. bem (data exchange and transformation) raised $3.7M in a Seed round led by Uncork Capital. BranchLab (healthcare marketing data) raised a Seed round led by Newark Venture Partners. Brightwave (financial research AI) raised $6M in a Seed round led by Decibel Partners. Cube (semantic layer for data apps) raised $25M in a round led by Databricks Ventures. Cyberhaven (data detection and response) raised $88M in a Series C led by Adams Street Partners and Khosla Ventures. Danelfin (AI-powered stock picking) raised €2M in a round led by Nauta Capital. Doowii, Inc (education data analytics) raised $4.1M in a round led by GSV Ventures and Better Ventures. Genomes.io (genomic data monetization) raised a round led by Pantera Capital and Modular Capital. Gorilla (energy data analytics) raised €23M in a Series B led by Headline. Indico Data (intelligent document processing) raised $19M in a round led by .406 Ventures. Jump (wealth advisor technology) raised $4.6M in a round led by Sorenson Capital. Mistral AI (foundational models) raised €600M at a €5.8B valuation in a Series B led by General Catalyst. Rivia (clinical trial data analytics) raised €3M in a Seed round led by Speedinvest. YipitData (data-driven research) received a debt facility from CIBC Innovation Banking. Lorna B. joined Forge as Senior Director, Data Sales. Cheston Chiu joined CI Global Asset Management as VP, Data & Analytics. Patrick Donegan joined Blue Ridge Partners as Senior Managing Director. Liran Eisenberg joined Consumer Edge as VP, Data Analytics. Gregg Galletta joined Truthset as Executive Vice President. Charles Harvey joined Enco Insights as Commercial Director. Jason Pallante joined AlphaSense as Senior Director, Corporate Sales. Bill Perkins joined Vanda Research as Partner & Global Head of Sales. Sarah Riley was promoted to CFO at dbt Labs. Rachel Stern joined Baron Capital as SVP, Chief Operating Officer. Roeland Vertriest joined Catalant Technologies as President & Chief Commercial Officer. Kevin Weil joined OpenAI as Chief Product Officer. #data #fundraising #peoplemoves

We are thrilled to announce that Vertice has successfully raised $25 million in Series B funding, thanks to the support of 83North and Bessemer Venture Partners. Our exceptional Sales team has played a crucial role in scaling our business over the last 2 years. As reported by TechCrunch, we are doubling our team in 2024, with Sales leading the way in our growth plans. We are currently hiring for several key positions and welcome you to explore our Careers Page if you are interested in joining us on this exciting journey. https://lnkd.in/eZ_GgJjF Check out the TechCrunch article for more details on our fundraise and future growth plans. #Vertice #SeriesB #Funding #AI #Sales #Growth #Hiring #CareerOpportunities #TechCrunch

Since last post we’ve seen 6 acquisitions, 10 funding rounds, 11 people moves & promotions, 2 new company launches, 1 legal, regulatory & compliance matter, 3 articles, 1 show, 7 roles, 4 newly added upcoming events, and 3 memes (Themes: fed rates, trustworthy data analysis, no diddy memes just a relevant title). Full newsletter here: https://lnkd.in/efVxzaFr Datavant acquired Trace Data & Privacy (data privacy and governance). Euronext acquired Substantive Research Ltd (market data benchmarking). Hummingbird acquired LogicLoop (no-code data integration). Lumivero acquired ATLAS.ti (computer-assisted qualitative data analysis). Vyne Medical acquired Extract Systems (automated data extraction). ZEMA Global Data Corporation acquired Morningstar Commodity Data (commodities and energy data and insights). Censia (talent intelligence) received an investment from Workday Ventures as part of a Series B round. Cercle (AI women’s healthcare data) raised $6M in a Seed round led by Outsiders Fund. Cherre (real estate data management) raised $30M in a Series C led by HighSage Ventures. Datamaran (ESG analytics) raised $33M in a Series C led by Morgan Stanley Expansion Capital. DIRT (emotion analytics) raised $2M in a Pre-Seed round led by Mark Cuban and Dean Dakolias. e6data (lakehouse compute for data analytics) raised $10M in a Series A led by Accel. Integrum ESG (ESG data and ratings platform) raised £3.4M in a round led by YFM Equity Partners. Knit (research AI) raised $9M in a round led by Revolution. PinPoint Analytics (AI-powered construction data platform) raised $3.2M in a Seed round led by HG Ventures. Statt (AI-driven policy and regulatory intelligence) raised $2.8M in a Seed round led by Moneta Ventures. Amit A. joined IDR as Head of Product and Engineering. Chris Eby joined Blue Owl Capital as MD, Head of Strategy & Corporate Development. Kevin Kozlowski joined Nasdaq as Senior Director of Market Intelligence. Matt Krepsik joined MediaRadar as CEO. Stuart Lazarus joined AtData as SVP of Sales. Samuel Livingstone, CFA joined Ambienta as Head of Quantitative Strategies and Risk. Lucy Millard joined BNY Mellon as Director, Growth Ventures. David P. joined IDR as Head of Client Services and Strategic Projects. Steven Reichard joined iConnections as Managing Director, Partnerships. Tal Rosenberg joined Apollo Intelligence as CEO. Dallán R. joined Stotles as Data Research & Content Manager. #data #careers #funding

🚀 Investor Data Room Checklist + Template Are you raising capital? Are you getting closer to entering Due Diligence? If so, you need a Data Room. A data room is a collection of files that startups put together for investors. It’s meant to provide prospective investors with all of the confidential and sensitive information required to underwrite an investment… your IP, Product Roadmap, Analytics, etc. It’s typically asked for around the time you get a term sheet. So what should you include in a data room? Morgan Cheatham, a VP at Bessemer Venture Partners, shared the answer: Your data room should include all key info on: 🔹 Financials 🔹 Market Research 🔹 Sales and Marketing 🔹 Product (+Engineering) 🔹 Corporate Governance 🔹 Industry-specific: Scientific or Clinical Data (Check out the checklist below for more specifics.) 💡 Pro-Tip: The best data rooms are concise, accurate, and built with high integrity. So here’s what your data room shouldn’t do: ❌ Share fragmented data or unconventional analyses ❌ Underestimate the competitive landscape ❌ Obfuscate important data granularity ❌ Provide too much data Looking to build your own data room? We have a very simple but powerful one in our platform, Foundersuite.com, or check out the link to a Data Room Notion template in the first comment 👇👇 Nathan Beckord – I help startups raise capital through software, content, and processes #venturecapital #founders #startups #fundraising

"Data-driven" has been a term bandied around for years, but the process of M&A deal sourcing seemed impervious to the charms of turning to the data first to find targets. But we've noticed a change in the narrative in the last couple of years: more and more market maps are segmenting out "deal sourcing" capabilities as its own category. This says a lot about how deal teams are changing their approach. Are you with them? Want to learn more about how deal teams are using data to find targets? Drop us a line. #datadriven #dealorigination #dealsourcing #mergersandacquisitions #privateequity #corporatedevelopment

🚀 Exciting News Alert! 🚀 Atlan, a cutting-edge data intelligence startup, has just raised $27.5 million in funding, with Salesforce Ventures leading the investment charge! This latest funding round builds on their successful Series B raise of $50 million back in March 2022. Atlan's innovative platform revolutionizes data management by providing a seamless experience for data discovery and collaboration. By integrating metadata from various sources within the modern data stack, they bring context and trust to the forefront of data management. Their solution offers robust features such as data discovery, cataloging, lineage tracking, and data governance, empowering data teams and driving data democratization within organizations. Industry leaders like Plaid, WeWork, and Unilever are already leveraging Atlan's solutions. With the data intelligence market projected to soar to $26.3 billion by 2026, Atlan is poised for remarkable growth and impact in the data space! 📈 #DataIntelligence #Funding #Innovation #TechRevolution #dataintelligence #datagovernance #Atlan Prukalpa ⚡Varun Banka https://lnkd.in/dj6yFCyp

Vanta announces its $150 million Series C funding round led by Sequoia Capital, bringing its valuation to an impressive $2.45 billion. #Vanta, a pioneering trust management platform, has made a significant leap forward with the announcement of its $150 million Series C funding round led by #Sequoia Capital, bringing its valuation to an impressive $2.45 billion. This marks a substantial increase from its $1.6 billion valuation in 2022. Co-founded by Christina Cacioppo in 2018, Vanta initially specialized in helping businesses achieve critical certifications like ISO 27001, HIPAA, and SOC 2. However, it is now broadening its scope to play a central role in the broader dialogue around trust and security in the B2B software industry. Under Cacioppo's leadership, Vanta has evolved from focusing solely on compliance to addressing comprehensive security program development. The platform now supports real-time security status pages, questionnaire automation, and the establishment of trust centers, among other services. Vanta’s innovative approach encourages businesses to showcase their security measures, thereby earning credit and revenue, which in turn motivates further investment in security practices. The recent funding round includes participation from esteemed investors such as Growth Equity at Goldman Sachs Alternatives, J.P. Morgan, and existing backers like Atlassian Ventures, Craft Ventures, CrowdStrike Ventures, HubSpot Ventures, Workday Ventures, and Y Combinator. This influx of capital will enable Vanta to enhance its AI capabilities, expand its global footprint, and continue its transition upmarket, catering to a diverse clientele that spans over 8,000 customers, including major entities like Omni Hotels. Vanta’s strategic integrations with existing security tools and the development of its own security solutions underscore its commitment to maintaining the highest standards of data protection and trustworthiness. With over 500 employees and a significant presence in North America, the U.K., Germany, and Australia, Vanta is well-positioned to lead the market in automated security and compliance management. The article on TechCrunch in the first comment. Want to stay up to date with the market? Here my newsletter: - Linkedin: https://lnkd.in/d4h8zqKA  - Substack: https://lnkd.in/dzfGJzmW