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SaaS Funding Napkin, the 2017 edition

The Angel VC

Today is January 10, 2017. In less earth shattering news, the fact that it's 2017 also means that my "SaaS Funding in 2016" napkin needs an update. Today I'd like to take a stab at the (early) 2017 answer to that question. So, what does it take to raise capital, in SaaS, in early 2017? It still feels surreal to me.

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What we're looking for in SaaS in 2017

The Angel VC

As the year is coming to an end I’d like to share a few thoughts on what we’ll be looking for in the SaaS world in 2017. It will be extremely interesting to see which companies can accomplish a similar quantum leap in 2017 and how it will look like. I am, of course, talking about artificial intelligence (AI).

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Doubling Down: Hilarie Koplow-McAdams, Venture Partner at NEA

SaaStr

Enterprise software–at all stages and check sizes–with a focus on SaaS, Security, Infrastructure and, of course, with an integrated AI strategy. I’m also focused on vertical SaaS solutions that are being disrupted by AI. Hilarie Koplow-McAdams joined NEA as a Venture Partner in 2017 and is focused on enterprise software and services.

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My App Stack: Chandar Pattabhiram, CMO at Coupa

SaaStr

In 2017, he was named by LinkedIn as one of the top 5 CMOs in the world to follow for thought-leadership in the digital marketing domain. Donnelley Financial Solutions (NYSE:DFIN) and BlueShift, an AI platform for customer engagement. He is a Strategic Advisor to the CEO of Freshworks. He is on the Board of Directors for R.R.

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Doubling Down: Peter Specht, Partner at Creandum

SaaStr

Some more recent commitments like Modal (high performance cloud), Cast AI (DevOps automation platform), Betterstack (see inside any tech stack and resolve incidents) or Abacum (financial planning & accounting platform) give a hint on what we’re intrigued by at the moment. 2024 is also a year of truth.

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A Deep Dive with Jason and Pavilion on Today’s Valuations, Investing and Market Dynamics

SaaStr

A fun watch here: Summary from Pavillion: Let’s dive into this episode’s key topics… The AI Bubble Watch here In 2020 and 2021, we saw tech companies raising a lot of capital, and beginning in 2022, we saw a decline in performance leading everyone to believe that these organizations have been overvalued.

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Join Daniel Dines, Co-CEO of UiPath, at 2023 SaaStr Europa in London on 6-7 June!!

SaaStr

rev 2017: $30m rev. Today, Dines’ vision is to make software robots , powered by computer vision and AI, as common as PCs in the workplace. UiPath has had an incredible history, taking 10 years to get to that first $1m in ARR … and then turning into one of the fastest growing software companies to $1 Billion in ARR ever !