Investments (#)
Investments (USD)
Transactions
Recent transactions in the sector
| Company | Country | Funding round | Date | |
|---|---|---|---|---|
|
Twelve Labs Inc Video 'understanding" company. |
United States | N/A USD 40,000,000 (USD 40,000,000) |
13 Dec 2024 |
|
Upwind Security Inc Cloud security platform which combines posture management with runtime context for accurate prioritisation and rapid response to critical risks. |
United States | Series A USD 100,000,000 (USD 100,000,000) |
2 Dec 2024 |
|
Eon Inc Cloud backup platform with instant access to backed-up data, automating backup tasks, and providing full visibility and control over cloud resources. |
United States | Series C USD 70,000,000 (USD 70,000,000) at USD 1,400,000,000 (USD 1,400,000,000) valuation. |
26 Nov 2024 |
|
ScaleOps Labs Ltd Automated real-time Kubernetes resource optimisation platform. |
Israel | Series B USD 58,000,000 (USD 58,000,000) |
13 Nov 2024 |
|
Lume AI Inc Data mapping automation company. |
Seed USD 4,200,000 (USD 4,200,000) |
12 Nov 2024 | |
|
Thesys Inc User interface company focused on artificial intelligence (AI) applications. |
Seed USD 4,000,000 (USD 4,000,000) |
7 Nov 2024 | |
|
Glint Solar AS Provider of solar installation planning software-as-a-service (SaaS). |
Norway | Series A USD 8,000,000 (USD 8,000,000) |
7 Nov 2024 |
|
Siit SAS Service desk solution for IT and internal operations teams. |
France | Seed USD 5,000,000 (USD 5,000,000) |
7 Nov 2024 |
|
Embed Security Inc Agentic security platform. |
United States | N/A USD 6,000,000 (USD 6,000,000) |
7 Nov 2024 |
|
DeepRoute Developer of self-driving technology. |
China | N/A USD 100,000,000 (USD 100,000,000) |
5 Nov 2024 |
|
Radical Forge Ltd Video game company. |
United Kingdom | N/A GBP 2,600,000 (USD 3,380,000) |
5 Nov 2024 |
|
Plato ERP automation platform. |
Germany | Pre Seed USD 6,500,000 (USD 6,500,000) |
4 Nov 2024 |
|
Physical Intelligence Developer of operating systems for robots. |
United States | Series A USD 400,000,000 (USD 400,000,000) at USD 2,000,000,000 (USD 2,000,000,000) valuation. |
4 Nov 2024 |
|
Kuberno Ltd Legal entity management platform that drives governance excellence and efficiency through workflow automation, enhanced reporting, and API integration |
United Kingdom | Series A GBP 6,000,000 (USD 7,740,000) |
1 Nov 2024 |
|
Insider Omnichannel marketing platform. |
Türkiye | Series E USD 500,000,000 (USD 500,000,000) |
1 Nov 2024 |
|
Kanpla ApS Cafeteria-management software firm focused on reducing food waste. |
Denmark | Series A EUR 8,000,000 (USD 8,750,000) |
1 Nov 2024 |
|
Sierra Technologies Inc Developer of custom AI agents for enterprise customer service. |
N/A USD 175,000,000 (USD 175,000,000) at USD 4,500,000,000 (USD 4,500,000,000) valuation. |
29 Oct 2024 | |
|
Armis Inc Eenterprise IoT security company. |
Series D USD 200,000,000 (USD 200,000,000) at USD 4,200,000,000 (USD 4,200,000,000) valuation. |
28 Oct 2024 | |
|
Socket Inc Cybersecurity company focused on software supply chain attacks. |
United States | Series B USD 40,000,000 (USD 40,000,000) |
22 Oct 2024 |
|
ZipHQ Inc Procurement orchestration platform. |
United States | Series D USD 190,000,000 (USD 190,000,000) at USD 2,200,000,000 (USD 2,200,000,000) valuation. |
21 Oct 2024 |
|
Clerk Chat Inc Artificial Intelligence (AI) telecom platform for enterprises. |
United States | N/A USD 7,000,000 (USD 7,000,000) |
16 Oct 2024 |
|
Coreweave Inc Cloud provider focused on GPU-accelerated workloads. |
United States | Debt USD 650,000,000 (USD 650,000,000) |
11 Oct 2024 |
|
Qantev SAS Health insurance claims platform. |
France | Series B EUR 30,000,000 |
9 Oct 2024 |
|
OpenAI Holdings LLC American artificial intelligence (AI) research organisation. |
N/A USD 6,600,000,000 (USD 6,600,000,000) at USD 157,000,000,000 (USD 157,000,000,000) valuation. |
2 Oct 2024 | |
|
Supabase Inc Postgres-centric developer platform. |
United States | Series C USD 80,000,000 (USD 80,000,000) |
25 Sep 2024 |
|
Virtuous Software Inc Fundraising CRM for non-profits. |
United States | N/A USD 100,000,000 (USD 100,000,000) |
20 Sep 2024 |
|
Picus Security Inc Cybersecurity company. |
United States | Series C USD 45,000,000 (USD 45,000,000) |
19 Sep 2024 |
|
Kubecost Kubernetes cost optimisation company. |
United States | Acquisition |
17 Sep 2024 |
|
SafetyCulture Pty Ltd Developer of software for digitizing corporate inspections, audits, and training processes. |
Australia | N/A AUD 165,000,000 (USD 112,000,000) at AUD 2,500,000,000 (USD 1,700,000,000) valuation. |
9 Sep 2024 |
|
Oyster HR Inc Payroll and HR platform for distributed workforces. |
Series D USD 59,000,000 (USD 59,000,000) at USD 1,200,000,000 (USD 1,200,000,000) valuation. |
5 Sep 2024 | |
|
Safe Superintelligence Inc |
Seed USD 1,000,000,000 (USD 1,000,000,000) at USD 5,000,000,000 (USD 5,000,000,000) valuation. |
4 Sep 2024 | |
|
Codeium Code acceleration platform. |
United States | Series C USD 150,000,000 (USD 150,000,000) at USD 1,100,000,000 (USD 1,100,000,000) valuation. |
30 Aug 2024 |
|
Anysphere Developer of an AI-powered coding assistant. |
Series A USD 60,000,000 (USD 60,000,000) at USD 340,000,000 (USD 340,000,000) valuation. |
9 Aug 2024 | |
|
Cubbit Srl |
Italy | N/A USD 12,500,000 (USD 12,500,000) |
16 Jul 2024 |
|
Endor Labs Inc Software supply chain security company. |
United States | N/A |
15 Jul 2024 |
|
Anterior Inc Developer of AI tools designed to handle various administrative workflows for healthcare professionals |
United States | Series A USD 20,000,000 (USD 20,000,000) at USD 75,000,000 (USD 75,000,000) valuation. |
8 Jun 2024 |
|
|
Twelve Labs Inc Video 'understanding" company. |
United States | Series A USD 50,000,000 (USD 50,000,000) |
4 Jun 2024 |
|
Patronus AI Inc Platform for testing and scoring large language models for potential failures like hallucinations and unsafe outputs. |
United States | Series A USD 17,000,000 (USD 17,000,000) |
23 May 2024 |
|
Step Security Inc Provider of technology for protecting CI/CD pipelines and infrastructure. |
United States | Seed USD 3,000,000 (USD 3,000,000) |
1 May 2024 |
|
Aikido Security BV Developer-facing security platform. |
Belgium | Series A USD 17,000,000 (USD 17,000,000) |
1 May 2024 |
|
|
Coreweave Inc Cloud provider focused on GPU-accelerated workloads. |
United States | Series C USD 1,100,000,000 (USD 1,100,000,000) at USD 19,000,000,000 (USD 19,000,000,000) valuation. |
1 May 2024 |
|
Darktrace PLC Provider of "enterprise immune system technology solutions". |
United Kingdom | Acquisition USD 5,300,000,000 (USD 5,300,000,000) at USD 5,300,000,000 (USD 5,300,000,000) valuation. |
26 Apr 2024 |
|
Safebase Inc Platform for cybersecurity audits. |
United States | Series B USD 33,000,000 (USD 33,000,000) |
26 Apr 2024 |
|
HashiCorp Inc Developer off a suite of multi-cloud infrastructure automation products. |
United States | Acquisition USD 6,400,000,000 (USD 6,400,000,000) at USD 6,400,000,000 (USD 6,400,000,000) valuation. |
25 Apr 2024 |
|
Anthropic PBC |
United States | N/A USD 2,750,000,000 (USD 2,750,000,000) |
27 Mar 2024 |
|
PaySpace Payroll and Human Resources platform. |
South Africa | Acquisition |
5 Mar 2024 |
|
Helius Blockchain Technologies Inc Solana-focused developer platform. |
United States | Series A USD 9,500,000 (USD 9,500,000) |
22 Feb 2024 |
|
BeWater Web3 venture studio and global developer platform that facilitates the development of open-innovation campaigns and events, including hackathons. |
N/A |
12 Jan 2024 | |
|
|
Codeium Code acceleration platform. |
United States | Series B USD 65,000,000 (USD 65,000,000) at USD 500,000,000 (USD 500,000,000) valuation. |
Jan 2024 |
|
Bluesky Social PBC Decentralized microblogging platform offering user-controlled algorithms, custom feeds, and domain-based handles, built on the AT Protocol. |
United States | Series A USD 15,000,000 (USD 1,500,000) |
2024 |
Companies
Best funded companies in the sector
Observability service for cloud-scale applications, providing monitoring of servers, databases, tools, and services.
Platform that provides developers with the fundamental building blocks they need to create decentralized applications.
Full-stack visibility into an organisation's cloud infrastructure footprint.
Developer of software for digitizing corporate inspections, audits, and training processes.
GPS tracking, telematics and fleet management provider serving small and mid-size businesses.
Cloud security platform which combines posture management with runtime context for accurate prioritisation and rapid response to critical risks.
Provider of digital security and privacy solutions, offering a range of products including VPNs, network access security, and encrypted file storage.
Cloud backup platform with instant access to backed-up data, automating backup tasks, and providing full visibility and control over cloud resources.
Provider of next-generation security information management (SIEM) solutions
Internet marketing company focused on small business web-based marketing and sales tools.
Israeli company focused on enterprise data protection and privacy for personal data.
Enterprise-level vulnerability management software provider offering technical consulting, risk management services, and security training.
Valuations
Software & IT Services selected pre-money valuations (USD)
| Funding round | Median | Average | Minimum | Maximum | Sample size |
|---|---|---|---|---|---|
| Seed | 2,501,950,000 | 2,501,950,000 | 3,900,000 | 5,000,000,000 | 2 |
| Seed | 80,000,000 | 80,000,000 | 80,000,000 | 80,000,000 | 1 |
| Series A | 970,000,000 | 1,003,750,000 | 75,000,000 | 2,000,000,000 | 4 |
| Series B | 487,500,000 | 487,500,000 | 475,000,000 | 500,000,000 | 2 |
| Series C | 1,400,000,000 | 5,278,000,000 | 540,000,000 | 19,000,000,000 | 5 |
| Series C | 1,250,000,000 | 1,714,285,714 | 1,000,000,000 | 3,500,000,000 | 7 |
| Series D | 1,800,000,000 | 1,766,666,667 | 1,000,000,000 | 2,500,000,000 | 3 |
| Series D | 4,200,000,000 | 4,870,000,000 | 1,200,000,000 | 11,250,000,000 | 5 |
| Series E | 2,000,000,000 | 2,833,333,333 | 1,400,000,000 | 5,100,000,000 | 3 |
| Series G | 27,000,000,000 | 27,000,000,000 | 27,000,000,000 | 27,000,000,000 | 1 |
| Private Equity | 3,400,000,000 | 3,400,000,000 | 3,400,000,000 | 3,400,000,000 | 1 |
| Acquisition | 5,300,000,000 | 3,574,600,000 | 23,800,000 | 5,400,000,000 | 3 |
| Acquisition | 3,243,000,000 | 3,243,000,000 | 86,000,000 | 6,400,000,000 | 2 |
| IPO | 4,400,000,000 | 4,400,000,000 | 4,400,000,000 | 4,400,000,000 | 1 |
| N/A | 80,750,000,000 | 80,750,000,000 | 4,500,000,000 | 157,000,000,000 | 2 |
| N/A | 1,625,000,000 | 1,708,333,333 | 800,000,000 | 3,000,000,000 | 6 |
| 3,900,000 | 157,000,000,000 | 48 |
Software & IT Services selected deal sizes (USD)
| Funding round | Median | Average | Minimum | Maximum | Sample size |
|---|---|---|---|---|---|
| Convertible Note | 747,500,000 | 747,500,000 | 747,500,000 | 747,500,000 | 1 |
| Pre Seed | 6,500,000 | 6,500,000 | 6,500,000 | 6,500,000 | 1 |
| Seed | 5,250,000 | 116,030,000 | 1,200,000 | 1,000,000,000 | 10 |
| Seed | 4,200,000 | 5,200,000 | 500,000 | 18,000,000 | 15 |
| Series A | 17,000,000 | 17,163,636 | 1,500,000 | 50,000,000 | 11 |
| Series A | 12,000,000 | 40,488,696 | 3,250,000 | 400,000,000 | 23 |
| Series B | 50,000,000 | 140,085,714 | 15,000,000 | 580,000,000 | 7 |
| Series B | 33,000,000 | 37,776,923 | 3,100,000 | 80,000,000 | 13 |
| Series C | 105,000,000 | 135,153,846 | 10,000,000 | 550,000,000 | 13 |
| Series C | 100,000,000 | 278,857,143 | 31,000,000 | 1,100,000,000 | 7 |
| Series D | 124,500,000 | 151,375,000 | 15,000,000 | 425,000,000 | 8 |
| Series D | 110,000,000 | 113,250,000 | 40,000,000 | 185,000,000 | 6 |
| Series E | 130,000,000 | 135,250,000 | 75,000,000 | 206,000,000 | 4 |
| Series E | 40,000,000 | 191,666,667 | 35,000,000 | 500,000,000 | 3 |
| Series G | 1,000,000,000 | 1,000,000,000 | 1,000,000,000 | 1,000,000,000 | 1 |
| Venture | 6,000,000 | 16,666,667 | 4,000,000 | 40,000,000 | 3 |
| Venture | 15,000,000 | 15,000,000 | 15,000,000 | 15,000,000 | 1 |
| Private Equity | 300,000,000 | 300,000,000 | 300,000,000 | 300,000,000 | 1 |
| Acquisition | 5,300,000,000 | 3,574,600,000 | 23,800,000 | 5,400,000,000 | 3 |
| Acquisition | 3,243,000,000 | 3,243,000,000 | 86,000,000 | 6,400,000,000 | 2 |
| Private Round | 2,200,000 | 2,200,000 | 2,200,000 | 2,200,000 | 1 |
| Debt | 30,000,000 | 30,000,000 | 10,000,000 | 50,000,000 | 2 |
| Debt | 650,000,000 | 650,000,000 | 650,000,000 | 650,000,000 | 1 |
| IPO | 586,500,000 | 586,500,000 | 525,000,000 | 648,000,000 | 2 |
| N/A | 100,000,000 | 879,644,615 | 3,380,000 | 6,600,000,000 | 13 |
| N/A | 42,750,000 | 55,008,333 | 6,000,000 | 112,000,000 | 12 |
| 164 |
Business Classification
Parent business classification group
Technology