• 0 SO...Sales : Monthly Funding Report

    • Funding
    • by Charlie Bravery
    • 01-12-2021

      SO...Sales Monthly Funding Report November 2021 As we leave November and head into the busy and festive December, we wanted to look back on some of the amazing funding rounds the SaaS world has seen. If you’ve been following our weekly “Friday Funding Reports” over on LinkedIn, you’ll know how lucrative the month has been. But, if not, here is what November had in store!! Our reports saw the largest number of rounds for the MarTech and advertisement industry. Of the 12 companies we reported on, 5 of them fell into this category and with an average deal size of around $81 million, it was a brilliant month for MarTech! We mustn’t forget the deserved praise for Cyber Security as well. Having the second largest number of rounds this month and with Socure bringing in the largest round size of a whopping $450 million Series E funding, Cyber Security really made a statement!  Here are the 12 companies who made up our funding reports this month: Company Headquarters Value of Round Series Attest London, UK $60M B  Apollo.io San Francisco, United States $32M B Permutive London, UK $75M C Kleene. ai London, UK $14M A Socure New York, United States $450M E Contrast Security Los Altos, California, United States $150M E Ometria London, UK $40M C OTA Insight London, UK $80M B Workato Mountain View, California, United States $200M E SynchTank London, UK $5.6M A Fonoa Dublin, Ireland $25M A Peek San Francisco, United States $80M C   As you can see these rounds are through the roof and fill the SaaS industry with a lot of hope as we look forward to 2022. The October 2021 CrunchBase report explored how between 2020 and 2021 the levels of funding had significantly risen each month.  Once again in November, we have seen another significant rise. Of just the 12 companies we reported on, the total value was just over $1.2B, with hundreds more gaining funding this month, we are really starting to see a continual rise year on year. What do you think 2022 will bring?? Thanks for tuning in to our Monthly funding report, see you next month for hopefully an even bigger set of funding!!! If you don’t already follow us over on LinkedIn you can use the link here to stay up to date with our Friday Funding Reports and loads more SaaS related posts and everything recruitment!! 

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