SuperOps.ai, a Claymont, Delaware-based company provider of MSP software solutions, has raised $12.4 million in funding, bringing its total raised to $29.4 million.
SaaS Investors
The round was led by Addition and March Capital, with participation from Matrix Partners.
Addition is a venture capital firm that invests in early and growth-stage tech companies. Based in New York, New York, the firm was founded with a mission to support visionary entrepreneurs on their journey to build impactful and enduring businesses.
March Capital is a venture capital & growth equity firm headquartered in Santa Monica, California, and investing globally since 2014. The firm seeks to invest in the digital transformation of cloud-based software, automation, artificial intelligence, and information technology infrastructure sectors.
SuperOps Use of Funds
The company plans to use the proceeds to enhance its artificial intelligence (AI) capabilities and advance its AI framework into a predictive intelligence layer.
About SuperOps.ai
Founded in 2020 by Arvind Parthiban and Jayakumar Karumbasalam, SuperOps.ai is a unified PSA (Professional Services Automation) and RMM (Remote Monitoring and Management) platform which aims to simplify the IT management process and workflow of Managed Service Providers (MSPs). It enables them to move away from fragmented tools by combining the capabilities of remote monitoring and management of client assets with professional services automation functionalities. This includes service desk, cash flow management, reporting, and client management. Over the last 12 months, SuperOps.ai has seen its customer base grow by 300% and has also launched advanced network monitoring capabilities as part of its unified platform to expand its offering to MSPs.
Funding Details
Company: SuperOps, Inc.
Raised: $12.4M
Round: Series B
Funding Month: October 2023
Lead Investors: Addition and March Capital
Additional Investors: Matrix Partners
Company Website: https://superops.ai/
Software Category: MSP Software Solutions
Source: https://yourstory.com/2023/10/ai-based-saas-platform-superops-ai-in-series-b-funding