SaaS Labs, a Palo Alto, California-based cloud-based platform that builds productivity and business process automation software for enterprises, raised $17 million in Series A funding from Base 10 Partners and Eight Roads Ventures.
The company will use the funds to expand its customer base, hire people, and release new products and services, it said in a statement. The company is looking to double its 70-member team by the end of this year.
Company: SaaS Labs US, Inc.
Raised: $17.0M
Round: Series A
Funding Month: October 2021
Lead Investors: Base 10 Partners and Eight Roads Ventures
Additional Investors:
Company Website: https://www.saaslabs.co/
Software Category: Software solutions for business process automation
About the Company: Founded in 2016, SaaS Labs develops products for sales, support, and marketing teams as well as contact centers to enhance productivity. SaaS Labs, through its product Justcall, allows small and medium businesses (SMBs) to set up a cloud-based contact center for sales or support, within minutes. It has native integrations with over 70 other business tools. Its other product, Helpwise allows users to consolidate all communication streams in a single shared inbox, improving the quality and efficiency of customer support teams. SaaS Labs counts companies such as Divvy Homes, Ernst & Young, and Walmart among its list of clients. SaaS Labs is a customer-centric fast-growing 100% remote product company with 6,000+ customers in over 40+ countries. Saas Labs ranked among the top 10 fastest-growing technology companies in India and the top 100 in APAC for the last two years by Deloitte. We're highly profitable and well-funded by some of the well-known VCs from both India & the US.
Source: https://economictimes.indiatimes.com/tech/funding/saas-labs-lands-17-million-in-funding-from-base-10-partners-eight-roads-ventures/articleshow/87089017.cms