{"id":10124,"date":"2022-04-25T08:50:27","date_gmt":"2022-04-25T03:20:27","guid":{"rendered":"https:\/\/www.saasworthy.com\/blog\/?p=10124"},"modified":"2022-04-25T08:58:18","modified_gmt":"2022-04-25T03:28:18","slug":"saas-weekly-roundup-17-zendesk-exploring-a-sale-whatfix-acquires-leap-is-and-more","status":"publish","type":"post","link":"https:\/\/dev.saasworthy.com\/blog\/saas-weekly-roundup-17-zendesk-exploring-a-sale-whatfix-acquires-leap-is-and-more","title":{"rendered":"SaaS weekly roundup #17: Zendesk exploring a sale, Whatfix acquires Leap.is, and more"},"content":{"rendered":"\n<p>A report by TechCrunch sheds light on how the SaaS sector is able to <a href=\"https:\/\/techcrunch.com\/2022\/04\/21\/why-saas-is-bucking-the-venture-slowdown\/\" target=\"_blank\" aria-label=\"buck the venture slowdown (opens in a new tab)\" rel=\"noreferrer noopener\" class=\"ek-link\">buck the venture slowdown<\/a>, and if you&#8217;ve been a regular reader of the <a href=\"https:\/\/dev.saasworthy.com\/bloglist\/saas-weekly-roundup\/\" target=\"_blank\" aria-label=\"SaaS weekly roundup (opens in a new tab)\" rel=\"noreferrer noopener\" class=\"ek-link\">SaaS weekly roundup<\/a>, you&#8217;d be concurring with the observations. While the investor&#8217;s appetite may be reducing, SaaS continues to attract their attention along with managing to be in the news with some major acquisitions as well. So without any further delay, here&#8217;s everything you need to know in the world of software-as-a-service.<\/p>\n\n\n\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_17 counter-hierarchy counter-decimal ez-toc-grey\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title\">Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><\/span><\/div>\n<nav><ul class=\"ez-toc-list ez-toc-list-level-1\"><li class=\"ez-toc-page-1 ez-toc-heading-level-2\"><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/dev.saasworthy.com\/blog\/saas-weekly-roundup-17-zendesk-exploring-a-sale-whatfix-acquires-leap-is-and-more\/#News_of_the_week\" title=\"News of the week\">News of the week<\/a><\/li><li class=\"ez-toc-page-1 ez-toc-heading-level-2\"><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/dev.saasworthy.com\/blog\/saas-weekly-roundup-17-zendesk-exploring-a-sale-whatfix-acquires-leap-is-and-more\/#SaaS_companies_that_got_the_funding_this_week\" title=\"SaaS companies that got the funding this week\">SaaS companies that got the funding this week<\/a><\/li><li class=\"ez-toc-page-1 ez-toc-heading-level-2\"><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/dev.saasworthy.com\/blog\/saas-weekly-roundup-17-zendesk-exploring-a-sale-whatfix-acquires-leap-is-and-more\/#In_numbers\" title=\"In numbers\">In numbers<\/a><\/li><li class=\"ez-toc-page-1 ez-toc-heading-level-2\"><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/dev.saasworthy.com\/blog\/saas-weekly-roundup-17-zendesk-exploring-a-sale-whatfix-acquires-leap-is-and-more\/#Must_reads\" title=\"Must reads\">Must reads<\/a><\/li><li class=\"ez-toc-page-1 ez-toc-heading-level-2\"><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/dev.saasworthy.com\/blog\/saas-weekly-roundup-17-zendesk-exploring-a-sale-whatfix-acquires-leap-is-and-more\/#Listen_to\" title=\"Listen to\">Listen to<\/a><\/li><li class=\"ez-toc-page-1 ez-toc-heading-level-2\"><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/dev.saasworthy.com\/blog\/saas-weekly-roundup-17-zendesk-exploring-a-sale-whatfix-acquires-leap-is-and-more\/#Watch\" title=\"Watch\">Watch<\/a><\/li><\/ul><\/nav><\/div>\n<h2 id=\"news-of-the-week\" class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"News_of_the_week\"><\/span>News of the week<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p><a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2022-04-18\/zendesk-is-said-to-work-with-adviser-qatalyst-on-potential-sale\" target=\"_blank\" rel=\"noreferrer noopener\"><strong>Zendesk is working with adviser Qatalyst on potential sale<\/strong><\/a><\/p>\n\n\n\n<p><a href=\"https:\/\/www.saasworthy.com\/product\/zendesk-support\" target=\"_blank\" rel=\"noreferrer noopener\">Zendesk<\/a> has been in a news quite a lot these days. After a failed takeover attempt of <a href=\"https:\/\/www.saasworthy.com\/product\/surveymonkey\" target=\"_blank\" rel=\"noreferrer noopener\">SurveyMonkey&#8217;s<\/a> parent company, it&#8217;s exploring a potential sale of its own business. It&#8217;s working with a new adviser, Qatalyst Partners, who&#8217;s reaching out to software companies and PE firms on its behalf. Although, Zendesk may choose to stay independent.<\/p>\n\n\n\n<p><a href=\"https:\/\/www.prnewswire.com\/news-releases\/whatfix-acquires-leapis-to-expand-mobile-capabilities-301527118.html\" target=\"_blank\" rel=\"noreferrer noopener\"><strong>Whatfix acquires Leap.is to expand mobile capabilities<\/strong><\/a><\/p>\n\n\n\n<p>Leading digital adoption platform software <a href=\"https:\/\/www.saasworthy.com\/product\/whatfix\" target=\"_blank\" rel=\"noreferrer noopener\">Whatfix<\/a> has announced the acquisition of Leap.is (formerly Jiny.io), a mobile-first platform for onboarding and assistance. The acquisition will help Whatfix offer DAP functionality to mobile apps.<\/p>\n\n\n\n<p>The startup also introduced the Whatfix Studio, a content editor built on a low-code platform. In addition, it has launched Whatfix Hub along with revamping its desktop interface.<\/p>\n\n\n\n<p><strong>Related read:<\/strong> <a href=\"https:\/\/dev.saasworthy.com\/bloginterview-with-khadim-batti-co-founder-and-ceo-whatfix\" target=\"_blank\" aria-label=\"Interview with Khadim Batti, Co-Founder and CEO at Whatfix (opens in a new tab)\" rel=\"noreferrer noopener\" class=\"ek-link\">Interview with Khadim Batti, Co-Founder and CEO at Whatfix<\/a><\/p>\n\n\n\n<p><a href=\"https:\/\/techcrunch.com\/2022\/04\/19\/brex-just-paid-90m-for-pry-financials-a-10-person-financial-planning-software-startup-and-heres-why\/\" target=\"_blank\" rel=\"noreferrer noopener\"><strong>Here\u2019s why Brex just paid $90million for 10-person software startup Pry Financials<\/strong><\/a><\/p>\n\n\n\n<p>Corporate card company <a href=\"https:\/\/www.saasworthy.com\/product\/brex\" target=\"_blank\" rel=\"noreferrer noopener\">Brex<\/a> is moving towards offering a financial operating system. To that end, it has acquired <a href=\"https:\/\/www.saasworthy.com\/product\/pry-financials-co\" target=\"_blank\" rel=\"noreferrer noopener\">Pry Financials<\/a> for $90million, which allows the companies to connect their bank accounts or integrate with <a href=\"https:\/\/www.saasworthy.com\/product\/quickbooks-payroll\" target=\"_blank\" rel=\"noreferrer noopener\">QuickBooks<\/a> or <a href=\"https:\/\/www.saasworthy.com\/product\/xero\" target=\"_blank\" rel=\"noreferrer noopener\">Xero<\/a> to get an overview of the startups&#8217; cash flow, burn rate, runway, and more.<\/p>\n\n\n\n<p><a href=\"https:\/\/blog.zoom.us\/april-product-update\/\" target=\"_blank\" rel=\"noreferrer noopener\"><strong>Spring forward with Zoom Whiteboard, gesture recognition, Zoom IQ for Sales, and more<\/strong><\/a><\/p>\n\n\n\n<p><a href=\"https:\/\/www.saasworthy.com\/list\/video-conferencing-software\" target=\"_blank\" rel=\"noreferrer noopener\">Video conferencing software<\/a> <a href=\"https:\/\/www.saasworthy.com\/product\/zoom\" target=\"_blank\" rel=\"noreferrer noopener\">Zoom<\/a> has launched a slew of features, including gesture recognition where it can detect gestures like raising hands, thumbs up, etc. There&#8217;s also Zoom IQ for Sales, a conversational AI solution that can analyze customer interactions to offer insights and actions from sales meetings.<\/p>\n\n\n\n<h2 id=\"saas-companies-that-got-the-funding-this-week\" class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"SaaS_companies_that_got_the_funding_this_week\"><\/span>SaaS companies that got the funding this week<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p><a href=\"https:\/\/techcrunch.com\/2022\/04\/18\/chinas-work-automation-startup-laiye-raises-160m-acquires-frances-mindsay\/\" target=\"_blank\" rel=\"noreferrer noopener\"><strong>China\u2019s work automation startup Laiye raises $160million, acquires France\u2019s Mindsay<\/strong><\/a><\/p>\n\n\n\n<p>Work <a href=\"https:\/\/www.saasworthy.com\/list\/robotic-process-automation-rpa\" target=\"_blank\" rel=\"noreferrer noopener\">automation space<\/a> is heating up as Chinese startup <a href=\"https:\/\/www.saasworthy.com\/product\/laiye-rpa\" target=\"_blank\" rel=\"noreferrer noopener\">Laiye<\/a> is aiming to go global. The one-stop platform for automating office tasks has closed a $160million funding round. The Series C investment also coincides with the acquisition of Paris-based <a href=\"https:\/\/www.saasworthy.com\/list\/bot-platforms-software\" target=\"_blank\" rel=\"noreferrer noopener\">chatbot software<\/a> <a href=\"https:\/\/www.saasworthy.com\/product\/mindsay\" target=\"_blank\" rel=\"noreferrer noopener\">Mindsay<\/a>.<\/p>\n\n\n\n<p><a href=\"https:\/\/fortune.com\/2022\/04\/20\/oyster-hr-startup-distributed-workforces-hits-1-billion-unicorn-valuation\/\" target=\"_blank\" rel=\"noreferrer noopener\"><strong>Oyster, a remote workforce management platform, hits $1billion unicorn valuation<\/strong><\/a><\/p>\n\n\n\n<p>Amidst the pandemic, while video conferencing and event management software got a major boost, HR software also found a lot of takers. Hence, it&#8217;s not surprising to see <a href=\"https:\/\/www.saasworthy.com\/product\/oyster\" target=\"_blank\" rel=\"noreferrer noopener\">Oyster<\/a>&nbsp;\u2013 an <a href=\"https:\/\/www.saasworthy.com\/list\/hr-software\" target=\"_blank\" rel=\"noreferrer noopener\">HR platform<\/a> focusing on distributed workforces&nbsp;\u2013 managing to raise $150million financing, helping it become a unicorn. The Series C round was by Georgian.<\/p>\n\n\n\n<p><a href=\"https:\/\/techcrunch.com\/2022\/04\/20\/mutiny-which-personalizes-website-copy-and-headlines-using-ai-raises-50m\/\" target=\"_blank\" rel=\"noreferrer noopener\"><strong>Mutiny, which personalizes website copy and headlines using AI, raises $50million<\/strong><\/a><\/p>\n\n\n\n<p>Mutiny is solving a particular challenge of the user expectations not meeting the ad they&#8217;ve clicked upon when they land on a website. It can create personalized website copies to match the ads. As part of Series B financing, it has received $50million, which was co-led by Tiger Global and Insight Partners. The investment will be used towards doubling its team size and improving the AI technology.<\/p>\n\n\n\n<p><a href=\"https:\/\/venturebeat.com\/2022\/04\/19\/videoverse-offers-ai-tool-to-help-enterprise-videos-go-viral\/\" target=\"_blank\" rel=\"noreferrer noopener\"><strong>Videoverse offers AI tool to help enterprise videos go viral<\/strong><\/a><\/p>\n\n\n\n<p>With the explosion in video consumption, there are a lot of startups are aiming to help enterprises in creating and processing videos. <a href=\"https:\/\/www.saasworthy.com\/product\/toch-ai\" target=\"_blank\" rel=\"noreferrer noopener\">Videoverse<\/a> (previously Toch.ai) offers an AI-powered video editing platform. It has gotten $46.8million Series B funding led by A91 Partners.<\/p>\n\n\n\n<p><a href=\"https:\/\/siliconangle.com\/2022\/04\/20\/statsig-raises-43m-help-companies-improve-software-products\/\" target=\"_blank\" rel=\"noreferrer noopener\"><strong>Statsig raises $43million to help companies improve their software products<\/strong><\/a><\/p>\n\n\n\n<p>A\/B testing has become quite common to understand what works better with users. <a href=\"https:\/\/www.saasworthy.com\/product\/statsig\" target=\"_blank\" rel=\"noreferrer noopener\">Statsig<\/a> has nabbed a $43million investment led by Sequoia Capital. It offers a cloud platform that lets customers carry out A\/B tests at scale to improve their apps or websites.<\/p>\n\n\n\n<p><a href=\"https:\/\/www.calcalistech.com\/ctechnews\/article\/skqt3qhnc\" target=\"_blank\" rel=\"noreferrer noopener\"><strong>Investment management platform FundGuard closes $40million Series B, including from Citi and State Street<\/strong><\/a><\/p>\n\n\n\n<p>SaaS-based investment management platform FundGuard has raised $40million. The Israeli startup managed to get large strategic investors such as Citi and State Street Corp for its Series B round.<\/p>\n\n\n\n<p><a href=\"https:\/\/techcrunch.com\/2022\/04\/19\/saas-demo-platform-demostack-raises-34m-to-expand-to-new-markets\/\" target=\"_blank\" rel=\"noreferrer noopener\"><strong>SaaS demo platform Demostack raises $34million to expand to new markets<\/strong><\/a><\/p>\n\n\n\n<p>Demo experience platform <a href=\"https:\/\/www.saasworthy.com\/product\/demostack\" target=\"_blank\" rel=\"noreferrer noopener\">Demostack<\/a> has closed a $34million Series B round led by Tiger Global Management. The software allows customers to clone their product to create a demo environment for meetings with prospective clients.<\/p>\n\n\n\n<h2 id=\"in-numbers\" class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"In_numbers\"><\/span>In numbers<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<figure class=\"wp-block-image size-large\"><img fetchpriority=\"high\" decoding=\"async\" width=\"1024\" height=\"727\" src=\"https:\/\/images.saasworthy.com\/blog_latest\/wp-content\/uploads\/2022\/04\/India-SaaS-revenue-SaaSworthy-1024x727.jpg\" alt=\"\" class=\"wp-image-10128\" srcset=\"https:\/\/dev.saasworthy.com\/blog\/wp-content\/uploads\/2022\/04\/India-SaaS-revenue-SaaSworthy-1024x727.jpg 1024w, https:\/\/dev.saasworthy.com\/blog\/wp-content\/uploads\/2022\/04\/India-SaaS-revenue-SaaSworthy-400x284.jpg 400w, https:\/\/dev.saasworthy.com\/blog\/wp-content\/uploads\/2022\/04\/India-SaaS-revenue-SaaSworthy-106x75.jpg 106w, https:\/\/dev.saasworthy.com\/blog\/wp-content\/uploads\/2022\/04\/India-SaaS-revenue-SaaSworthy.jpg 1200w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<p><strong>Read more:<\/strong> <a href=\"https:\/\/economictimes.indiatimes.com\/tech\/funding\/funding-for-indian-saas-to-rise-62-5-to-6-5-billion-this-year-report\/articleshow\/90932870.cms\" target=\"_blank\" rel=\"noreferrer noopener\" class=\"ek-link\">Funding for Indian SaaS to rise 62.5 percent to $6.5billion this year: report<\/a><\/p>\n\n\n\n<h2 id=\"must-reads\" class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Must_reads\"><\/span>Must reads<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p><a href=\"https:\/\/openviewpartners.com\/blog\/how-webflow-pairs-self-service-and-sales-for-rapid-growth\/\" target=\"_blank\" rel=\"noreferrer noopener\">Your guide to Webflow\u2019s $4billion PLG engine: how Webflow pairs self-service and sales for rapid growth<\/a><\/p>\n\n\n\n<p><a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2022-04-17\/alibaba-loses-sight-of-amazon-size-profits-in-china-s-cloud-service-crackdown\" target=\"_blank\" rel=\"noreferrer noopener\">Beijing crackdown derails Alibaba\u2019s bid for Amazon-size profit<\/a><\/p>\n\n\n\n<h2 id=\"listen-to\" class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Listen_to\"><\/span>Listen to<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p><strong>UserZoom: getting to $100million ARR by falling in love with a problem &#8211; with Alfonso de la Nuez<\/strong><\/p>\n\n\n\n<iframe src=\"https:\/\/www.listennotes.com\/podcasts\/the-saas-podcast\/315-userzoom-getting-to-100m-VI-9yg2fbo7\/embed\/\" height=\"170px\" width=\"100\\%\" style=\"width: 1px; min-width: 100\\%;\" loading=\"lazy\" frameborder=\"0\" scrolling=\"no\"><\/iframe>\n\n\n\n<p><a href=\"https:\/\/www.saasworthy.com\/product\/userzoom\" target=\"_blank\" rel=\"noreferrer noopener\">UserZoom<\/a>, a SaaS sales product that delivers insights to businesses to improve their design and deliver better digital experiences, is one of the success stories to watch out for in the space. Its co-CEO Alfonso de la Nuez shares the inception of the company, what makes them stand out, and more.<\/p>\n\n\n\n<p><strong>A year in the life of a SaaS startup, with Meiran Galis (Scytale AI)<\/strong><\/p>\n\n\n\n<iframe src=\"https:\/\/www.listennotes.com\/podcasts\/the-saas\/a-year-in-the-life-of-a-saas-SpKawNZfvXn\/embed\/\" height=\"170px\" width=\"100\\%\" style=\"width: 1px; min-width: 100\\%;\" loading=\"lazy\" frameborder=\"0\" scrolling=\"no\"><\/iframe>\n\n\n\n<p>In this episode, Scytale AI&#8217;s CEO and co-founder Meiran Galis shares their learnings of one year into the startup. He talks about the idea, why compliance shouldn&#8217;t be overlooked, how CEOs can improve themselves, and more.<\/p>\n\n\n\n<h2 id=\"watch\" class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Watch\"><\/span>Watch<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p><strong>How to lower churn for SaaS and software: interview with growth expert Frederic Linfj\u00e4rd<\/strong><\/p>\n\n\n\n<figure class=\"wp-block-embed is-type-video is-provider-youtube wp-block-embed-youtube wp-embed-aspect-16-9 wp-has-aspect-ratio\"><div class=\"wp-block-embed__wrapper\">\n<iframe title=\"How to Lower Churn for SaaS and Software: Interview with Growth Expert Frederic Linfja\u0308rd\" width=\"788\" height=\"443\" src=\"https:\/\/www.youtube.com\/embed\/CID3UMs794c?feature=oembed\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share\" referrerpolicy=\"strict-origin-when-cross-origin\" allowfullscreen><\/iframe>\n<\/div><\/figure>\n\n\n\n<p>Frederic Linfj\u00e4rd, Director of Growth at Planday talks about why churn is an important thing to focus on and why many don&#8217;t do that. He shares a practical example of how he managed to slash the churn by 50 percent in his previous stint.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>A report by TechCrunch sheds light on how the SaaS sector is able to buck the venture slowdown, and if you&#8217;ve been a regular reader of the SaaS weekly roundup, you&#8217;d be concurring with the observations. While the investor&#8217;s appetite may be reducing, SaaS continues to attract their attention along with managing to be in<\/p>\n","protected":false},"author":3,"featured_media":10125,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_editorskit_title_hidden":false,"_editorskit_reading_time":4,"_editorskit_is_block_options_detached":false,"_editorskit_block_options_position":"{}","footnotes":""},"categories":[24],"tags":[],"class_list":{"0":"post-10124","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-saas-weekly-roundup"},"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.3 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>SaaS weekly roundup #17: Zendesk exploring a sale, Whatfix acquires Leap.is, and more - SaaSworthy Blog | Top Software, Statistics, Insights, Reviews &amp; Trends in SaaS<\/title>\n<meta name=\"description\" content=\"A report by TechCrunch sheds light on how the SaaS sector is able to buck the venture slowdown, and if you&#039;ve been a regular reader of the SaaS weekly\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/dev.saasworthy.com\/blog\/saas-weekly-roundup-17-zendesk-exploring-a-sale-whatfix-acquires-leap-is-and-more\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"SaaS weekly roundup #17: Zendesk exploring a sale, Whatfix acquires Leap.is, and more - SaaSworthy Blog | Top Software, Statistics, Insights, Reviews &amp; 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