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SaaSOptics

SaaSOptics

A software company offering a business to business subscription management platform.

Overview

SaaSOptics is a software company offering a business to business subscription management platform that is headquartered in Norcross, Georgia and was founded in 2009 by David Ryan. The company's software is made to help companies automate their order to cash operations, eliminate the need to use spreadsheets, and the help the companies scale at a faster pace. The SaaSOptics platform offers users order management, revenue recognition, billing & invoice services, collection & payment services, customers & renewal services, metrics & analytics, and financial reporting. Notable customers of SaaSOptics include: DUO, LaunchDarkly, Bizzabo, StructionSite, RTVision, Crunchbase, Happy Co, RaiseMe, Schoology, Chili Piper, MasteryConnect, and SkyWire.

Funding
Pre-seed

On August 26, 2016 SaaSOptics announced raising an undisclosed amount of pre-seed funding from Techstars and Techstars Ventures.

Seed

On November 1, 2016 SaaSOptics announced raising $1.4 million in seed funding from Techstars Ventures, Thomas E. Noonan, and Alston Gardner.

Series A

On February 1, 2018 SaaSOptics announced raising $5 million in series A funding from Fulcrum Equity Partners (lead investor), TechStars Ventures, Duke Angel Network, and Thomas E. Noonan. The company plans on using their series A funding to develop new products and product integrations while expanding their sales and marketing efforts.

Debt Financing

On October 2, 2019 SaaSOptics announced raising an undisclosed amount of funding in debt financing from the Silicon Valley Bank.

Series B

On October 2, 2019 SaaSOptics announced raising $12 million in series B funding from Fulcrum Equity Partners (lead investor) and Thomas E. Noonan. The company plans on using their series B funding to expand its sales, marketing, and customer success teams, and to add new features and functions to its software product. At the time of raising their series B funding the company in manages clients with over $6 billion in revenue and more than 600 customers have used its platform.

Timeline

October 2019
SaaSOptics raises a $12,000,000 series B round from Fulcrum Equity Partners and Silicon Valley Bank.
February 2018
SaaSOptics raises a $5,000,000 series A round from Fulcrum Equity Partners.

Funding rounds

Patents

Further reading

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Documentaries, videos and podcasts

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News

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Description
FinSMEs
April 26, 2021
FinSMEs
About | Advertise | Contact | Disclaimer | News | The Daily Deal Newsletter FinSMEs.com by FinSMEs is licensed under a Creative Commons Attribution-NonCommercial-NoDerivs 3.0 Unported License.

References

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