The global market for software is growing quickly. Gartner data indicates that software spend is the fastest-expanding segment of IT spend and that its pace of growth has accelerated in recent years. If Gartner’s forecasts bear out, the software portion of global IT spend could crest $ 1 trillion in 2024. Startups mostly build software. […]
Planity raises $48 million because even hair salons need their own SaaS product
If you’ve ever traveled in rural areas in France, you may have realized a French peculiarity. Even in the seemingly less populated towns, there’s a hair salon. French startup Planity has been taking advantage of France’s love affair with hair salons to launch a SaaS product for these businesses in particular. Over time, the company […]
Nile raises $11.6M in seed funding to build a Postgres-powered data layer for SaaS applications
SaaS needs a new data system. That’s the driving idea behind Nile, a startup that aims to create this data system with serverless Postgres at its core. Co-founded by Sriram Subramanian, the former head of cloud engineering at Confluent, and Gwen Shapira, the former engineering lead for the Kafka team at Confluent, Nile is building […]
How resilient SaaS startups continue to build and scale in an era of efficiency
Christine Edmonds Contributor Christine Edmonds is a General Partner at ICONIQ Growth. She was the founding member and now leads the ICONIQ Growth Analytics team, supporting our portfolio companies with quantitatively backed advisory and thought leadership. Christine also helps oversee internal applications of data analytics to support and enable our broader investing platform. Building a […]