July’s SMB SaaS Venture Deals
Each month, we look at funding activity for startups serving the SMB space. See last month’s post here. To learn more about SurePath’s SMB focus, send us a message at info@surepathcapital.com.
SMB SaaS Startups That Raised In June
There were 27 SaaS fundraising deals in the SMB market in July, versus 35 in June.
Raise By Series
Largest Deals
Average Number of Employees at Time of Raise
Raises by Industry
Raises by Country
Thoughts of the Month
It’s good to see Freshbooks on this month’s list. After over 10 years of avoiding VC, FreshBooks has doubled down with its second venture round in three years. They are now ‘all in’ and well on their way to building a market leader in their category.
As we continue to track SMB SaaS raises, we will provide updates every month. Every year, SurePath publishes a report on the State of SMB, be sure to subscribe to our mailing list.
At SurePath Capital Partners we help startups raise the capital needed to become market leaders. When the time is right, we help our clients achieve profitable, deliberate exit strategies. We only work with startups in the SaaS, e-commerce and marketplace segments. Across those segments we have a deep focus on companies serving the global SMB market. Say hello:info@surepathcapital.com
