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🌟 Polish-founded Proofs raised €2.4M to transform POC development in SaaS sales. 🌐 Led by Earlybird Digital East Fund, with support from Expeditions Fund and RTP Global, Proofs aims to streamline sales processes for API-centric companies. 🚀 Proofs was established in 2022 by Bartek Pucek and Zbigniew Sobiecki. Bartek is an angel investor who has invested alongside prominent firms such as Y Combinator and Andreessen Horowitz, in companies like the Polish-founded unicorn ElevenLabs. Learn more about their mission! #TechNews #StartupFunding

🌟 Polish-founded Proofs raised €2.4M to transform POC development in SaaS sales. 🌐 Led by Earlybird Digital East Fund, with support from Expeditions Fund and RTP Global, Proofs aims to streamline sales processes for API-centric companies. 🚀 Proofs was established in 2022 by Bartek Pucek and Zbigniew Sobiecki. Bartek is an angel investor who has invested alongside prominent firms such as Y Combinator and Andreessen Horowitz, in companies like the Polish-founded unicorn ElevenLabs. Learn more about their mission! #TechNews #StartupFunding

🌟 Polish-founded Proofs raised €2.4M to transform POC development in SaaS sales. 🌐 Led by Earlybird Digital East Fund, with support from Expeditions Fund and RTP Global, Proofs aims to streamline sales processes for API-centric companies. 🚀 Proofs was established in 2022 by Bartek Pucek and Zbigniew Sobiecki. Bartek is an angel investor who has invested alongside prominent firms such as Y Combinator and Andreessen Horowitz, in companies like the Polish-founded unicorn ElevenLabs. Learn more about their mission! #TechNews #StartupFunding

🌟 Polish-founded Proofs raised €2.4M to transform POC development in SaaS sales. 🌐 Led by Earlybird Digital East Fund, with support from Expeditions Fund and RTP Global, Proofs aims to streamline sales processes for API-centric companies. 🚀 Proofs was established in 2022 by Bartek Pucek and Zbigniew Sobiecki. Bartek is an angel investor who has invested alongside prominent firms such as Y Combinator and Andreessen Horowitz, in companies like the Polish-founded unicorn ElevenLabs. Learn more about their mission! #TechNews #StartupFunding

Read this story from Taos Edmondson on Medium: https://lnkd.in/dBsbNtuN Thanks Taos Edmondson for this interesting, helpful and accurate piece on @Medium #metrics #bootstrapping #startups

Why we invest in SaaS? "SaaS is the bread and butter of venture, offering capital-lite business models with high profit margins. VC’s preoccupation with SaaS isn’t a coincidence. Historically, it has been one of the most lucrative areas for investors. And new research from PitchBook, developed using the machine learning-enabled VC Exit Predictor, shows that the expected future returns for SaaS far outpace other venture tech verticals. PitchBook’s VC Emerging Opportunities report calculated that the annualized expected returns for early-stage SaaS companies was 5.5% higher than the average of 10 VC tech verticals. That advantage has grown in recent years, up from 3.2% in 2017." #IndelibleVentures

What is happening to startups at Series A? SaaS sales are showing optimistic signs. Key data points: (Via Redpoint Ventures' recent LP report) - Even though Seed rounds are recovering, Series A rounds haven't. - We're going to see a large volume of companies that'll have to accept down rounds, move to sell the company or shutdown. - Private valuations have trended lower and more in-line with the historical spread between public and private software companies. - AI companies are being valued higher, raising more capital and growing faster. This is not necessarily good news.

💬 “One thing Harmonic does very well is flag companies early on in their creation—frequently even before they have a website. That's huge for us, especially since we can now track founders. If a one-time founder starts another company, or a VP leaves Google and starts her own company, those are terrific signals.” - Jason Mintz, Partner and CTO, MVP Ventures There are roughly one million companies in MVP Ventures’ investable universe, but the team only has time to talk to around 3,000 companies each year. Filtering down to the highest potential 0.3% to make meaningful inroads can be a painstaking process, in which a lot of remarkable startups are overlooked due to time constraints. What’s more, since MVP funds early-stage companies, there isn’t always much available data on background or traction. Harmonic’s data allows the team to focus on the right founders at the right time. This means the ability to filter and score startups based on characteristics like growth, team experience, industry and sector data, and funding history. With this data, MVP can now prioritize outreach to certain companies within their homegrown CRM solution. Read more about the MVP-Harmonic partnership here! https://lnkd.in/g9Gv27mw

📈 The SaaS industry continues to evolve rapidly, with 2024 set to be a year of significant innovation and growth. Investors like: András Fehér, Associate at Day One Capital, Andrii Gulyi, Head of Analytics and Investment at N1 investment fund, Andra Bagdonaite, Partner at FIRSTPICK, Pepijn van den Berg, Associate from Airbridge Equity Partners and Adam Kocik, Managing Partner at J&T Ventures have identified 17 promising SaaS startups worth watching. Discover the top picks for 2024 that experts believe have the potential to revolutionize the SaaS landscape 🚀 Novogaia, Airtime, 4149, Workwize, Shimmr AI, LEIA Health, GO TO-U, Revisior, Evergrowth, Spike Technologies, Trace.Space, Supersimple, IP Fabric, Spacelift , Treblle, signageOS, Resistant AI. ➡️ https://lnkd.in/dPKxuzJQ #SaaS2024 #InnovativeStartups #TechTrends #InvestInTech #FutureOfSaaS #StartupWatch #TechInvestments #EmergingTech #SaaSGrowth #StartupInnovation 

Discover the top picks for 2024 that VC experts believe have the potential to revolutionize the SaaS landscape 🚀 in the latest article by Vestbee, thanks Andra Bagdonaite, Pepijn van den Berg, András Fehér, Adam Kocik and Andrii Gulyi. 🎉🥳