{"id":12175,"date":"2022-10-24T21:23:06","date_gmt":"2022-10-24T15:53:06","guid":{"rendered":"https:\/\/www.saasworthy.com\/blog\/?p=12175"},"modified":"2022-10-24T21:23:28","modified_gmt":"2022-10-24T15:53:28","slug":"saas-weekly-roundup-42-legalzoom-acquires-revv-shibumi-raises-30million-and-more","status":"publish","type":"post","link":"https:\/\/dev.saasworthy.com\/blog\/saas-weekly-roundup-42-legalzoom-acquires-revv-shibumi-raises-30million-and-more","title":{"rendered":"SaaS weekly roundup #42: LegalZoom acquires Revv, Shibumi raises $30million, and more"},"content":{"rendered":"\n<p>The previous week wasn&#8217;t as busy in the world of SaaS, but that doesn&#8217;t mean there weren&#8217;t enough happenings that don&#8217;t deserve your attention. So without further delay, let&#8217;s take a look at the news, acquisitions, funding announcements, and more that are worth your time. <\/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-42-legalzoom-acquires-revv-shibumi-raises-30million-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-42-legalzoom-acquires-revv-shibumi-raises-30million-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-42-legalzoom-acquires-revv-shibumi-raises-30million-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-4\" href=\"https:\/\/dev.saasworthy.com\/blog\/saas-weekly-roundup-42-legalzoom-acquires-revv-shibumi-raises-30million-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-5\" href=\"https:\/\/dev.saasworthy.com\/blog\/saas-weekly-roundup-42-legalzoom-acquires-revv-shibumi-raises-30million-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:\/\/finance.yahoo.com\/news\/legalzoom-acquires-indian-saas-company-185627455.html\" target=\"_blank\" rel=\"noreferrer noopener\"><strong>LegalZoom acquires Indian SaaS company Revv<\/strong><\/a><\/p>\n\n\n\n<p>LegalZoom, a legal technology company, acquired Revv, document automation and forms template startup. While the terms of the deal weren&#8217;t divulged, Revv&#8217;s proprietary technology will enhance LegalZoom&#8217;s forms library and legal templates.<\/p>\n\n\n\n<p><a href=\"https:\/\/economictimes.indiatimes.com\/tech\/startups\/khatabook-bets-on-lending-saas-for-revenue\/articleshow\/94948797.cms\" target=\"_blank\" rel=\"noreferrer noopener\"><strong>Khatabook bets on lending, SaaS for revenue<\/strong><\/a><\/p>\n\n\n\n<p>Every SaaS platform will become a fintech business &#8211; and the latest example of the same is <a href=\"https:\/\/www.saasworthy.com\/product\/khatabook\" target=\"_blank\" rel=\"noreferrer noopener\">Khatabook<\/a>, a mobile-friendly <a href=\"https:\/\/www.saasworthy.com\/list\/accounting-software\" target=\"_blank\" rel=\"noreferrer noopener\">accounting software<\/a>, doubling down on digital lending. The startup aims to become profitable in the next 18 to 20 months.<\/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:\/\/www.finsmes.com\/2022\/10\/shibumi-raises-30m-in-growth-funding.html\" target=\"_blank\" rel=\"noreferrer noopener\"><strong>Shibumi raises $30million in growth funding<\/strong><\/a><\/p>\n\n\n\n<p>Portfolio management software <a href=\"https:\/\/www.saasworthy.com\/product\/shibumi\" target=\"_blank\" rel=\"noreferrer noopener\">Shibumi<\/a> has announced a $30million Growth funding. Led by Guidepost Growth Equity, the investment will be deployed for global expansion, product development, and go-to-market initiatives.<\/p>\n\n\n\n<p><a href=\"https:\/\/yourstory.com\/2022\/10\/funding-us-saas-startup-drivetrain-ai-elevation-capital-jungle-ventures\/amp\" target=\"_blank\" rel=\"noreferrer noopener\"><strong>SaaS startup Drivetrain AI raises $15million in Series A round<\/strong><\/a><\/p>\n\n\n\n<p>Financial planning and monitoring platform Drivetrain AI has closed a $15million investment. The Series A funding saw participation from Elevation Capital, Jungle Ventures, and Venture Highway along with 25 angel investors. The amount will be utilized towards product development and expanding its go-to-market team.<\/p>\n\n\n\n<p><a href=\"https:\/\/www.finsmes.com\/2022\/10\/outthink-raises-10m-in-seed-funding.html\" target=\"_blank\" rel=\"noreferrer noopener\"><strong>OutThink raises $10million in seed funding<\/strong><\/a><\/p>\n\n\n\n<p>Cybersecurity human risk management platform OutThink has nabbed $10million in Seed Funding. The round was led by AlbionVC and the money will go towards strengthening the leadership team, and gaining market traction.<\/p>\n\n\n\n<p><a href=\"https:\/\/www.hycu.com\/news\/hycu-secures-new-strategic-investment-from-okta-ventures\" target=\"_blank\" rel=\"noreferrer noopener\"><strong>HYCU secures new strategic investment from Okta Ventures<\/strong><\/a><\/p>\n\n\n\n<p>HYCU, a provider of multi-cloud data protection as a service, has raised strategic investment from <a href=\"https:\/\/www.saasworthy.com\/product\/okta\" target=\"_blank\" rel=\"noreferrer noopener\">Okta<\/a> Ventures as part of Series B expansion. The startup received $53million in financing led by Acrew Capital.\u00a0<\/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:\/\/www.process.st\/no-code-platform\/\" target=\"_blank\" rel=\"noreferrer noopener\">A quick guide to no code platforms<\/a><\/p>\n\n\n\n<p><a href=\"https:\/\/www.scmagazine.com\/perspective\/cloud-security\/how-saas-has-redefined-cybersecurity%EF%BF%BC\" target=\"_blank\" rel=\"noreferrer noopener\">How SaaS has redefined cybersecurity<\/a><\/p>\n\n\n\n<p><a href=\"https:\/\/techcrunch.com\/2022\/10\/20\/figma-ceo-dylan-field-on-why-he-sold-to-adobe\/\" target=\"_blank\" rel=\"noreferrer noopener\">Figma CEO Dylan Field on why he sold to Adobe<\/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>What it takes to forge your own category with Braze Co-Founder and CEO Bill Magnuson<\/strong><\/p>\n\n\n\n<iframe src=\"https:\/\/www.listennotes.com\/podcasts\/the-official\/saastr-601-what-it-takes-to-QNua3znZ_Do\/embed\/\" height=\"170px\" width=\"100%\" style=\"width: 1px; min-width: 100%;\" loading=\"lazy\" frameborder=\"0\" scrolling=\"no\"><\/iframe>\n\n\n\n<p>Starting a company in a new category sounds exciting, but it&#8217;s easier said than done. Those who are able to do so however, have an inherent advantage. <a href=\"https:\/\/www.saasworthy.com\/product\/braze\" target=\"_blank\" rel=\"noreferrer noopener\">Braze<\/a>, a customer engagement software, for example, was started in 2011 when smartphones were just beginning to become mainstream and mobile marketing was in the nascent stage. Fast forward to now, and Braze is a leader in its category with a $200million+ ARR. In this podcast, its Co-Founder and CEO Bill Magnuson shares lessons and insights for scaling the company.<\/p>\n\n\n\n<p><strong>Hint: building customer trust as an early-stage SaaS startup &#8211; With Zak Holdsworth<\/strong><\/p>\n\n\n\n<iframe src=\"https:\/\/www.listennotes.com\/podcasts\/the-saas-podcast\/329-hint-building-customer-ZaQlObL3kFq\/embed\/\" height=\"170px\" width=\"100%\" style=\"width: 1px; min-width: 100%;\" loading=\"lazy\" frameborder=\"0\" scrolling=\"no\"><\/iframe>\n\n\n\n<p>Vertical SaaS is here to stay, and Hint Health illustrates that well. Aimed at primary care, urgent care, and specialty practice clinics, it offers membership management, billing, and payment software. In this episode, its co-founder and CEO Zak Holdsworth shares about the journey of startup, and how he managed to find customers.<\/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>SaaS acquisition stories podcast w\/ Harry Henien, serial entrepreneur<\/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=\"SaaS Acquisition Stories Podcast w\/ Harry Henien, Serial Entrepreneur\" width=\"788\" height=\"443\" src=\"https:\/\/www.youtube.com\/embed\/O4OTsAjEl1k?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>In this video, Microacquire&#8217;s Andrew Gazdecki talks to Harry Henien, a serial entrepreneur. They talk about finding opportunities, scaling businesses, and how to sell a SaaS business eventually.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The previous week wasn&#8217;t as busy in the world of SaaS, but that doesn&#8217;t mean there weren&#8217;t enough happenings that don&#8217;t deserve your attention. So without further delay, let&#8217;s take a look at the news, acquisitions, funding announcements, and more that are worth your time. News of the week LegalZoom acquires Indian SaaS company Revv<\/p>\n","protected":false},"author":3,"featured_media":12177,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_editorskit_title_hidden":false,"_editorskit_reading_time":2,"_editorskit_is_block_options_detached":false,"_editorskit_block_options_position":"{}","footnotes":""},"categories":[24],"tags":[],"class_list":{"0":"post-12175","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 #42: LegalZoom acquires Revv, Shibumi raises $30million, and more - SaaSworthy Blog | Top Software, Statistics, Insights, Reviews &amp; Trends in SaaS<\/title>\n<meta name=\"description\" content=\"The previous week wasn&#039;t as busy in the world of SaaS, but that doesn&#039;t mean there weren&#039;t enough happenings that don&#039;t deserve your attention. So without\" \/>\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-42-legalzoom-acquires-revv-shibumi-raises-30million-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 #42: LegalZoom acquires Revv, Shibumi raises $30million, and more - SaaSworthy Blog | Top Software, Statistics, Insights, Reviews &amp; Trends in SaaS\" \/>\n<meta property=\"og:description\" content=\"The previous week wasn&#039;t as busy in the world of SaaS, but that doesn&#039;t mean there weren&#039;t enough happenings that don&#039;t deserve your attention. So without\" \/>\n<meta property=\"og:url\" content=\"https:\/\/dev.saasworthy.com\/blog\/saas-weekly-roundup-42-legalzoom-acquires-revv-shibumi-raises-30million-and-more\" \/>\n<meta property=\"og:site_name\" content=\"SaaSworthy Blog | Top Software, Statistics, Insights, Reviews &amp; Trends in SaaS\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/saasworthy\/\" \/>\n<meta property=\"article:published_time\" content=\"2022-10-24T15:53:06+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-10-24T15:53:28+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/dev.saasworthy.com\/blog\/wp-content\/uploads\/2022\/10\/SaaS-Weekly-roundup-42-SaaSworthy.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1200\" \/>\n\t<meta property=\"og:image:height\" content=\"630\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Nitansh Rastogi\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@saasworthy\" \/>\n<meta name=\"twitter:site\" content=\"@saasworthy\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Nitansh Rastogi\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/dev.saasworthy.com\/blog\/saas-weekly-roundup-42-legalzoom-acquires-revv-shibumi-raises-30million-and-more\",\"url\":\"https:\/\/dev.saasworthy.com\/blog\/saas-weekly-roundup-42-legalzoom-acquires-revv-shibumi-raises-30million-and-more\",\"name\":\"SaaS weekly roundup #42: LegalZoom acquires Revv, Shibumi raises $30million, and more - SaaSworthy Blog | Top Software, Statistics, Insights, Reviews &amp; Trends in SaaS\",\"isPartOf\":{\"@id\":\"https:\/\/dev.saasworthy.com\/blog\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/dev.saasworthy.com\/blog\/saas-weekly-roundup-42-legalzoom-acquires-revv-shibumi-raises-30million-and-more#primaryimage\"},\"image\":{\"@id\":\"https:\/\/dev.saasworthy.com\/blog\/saas-weekly-roundup-42-legalzoom-acquires-revv-shibumi-raises-30million-and-more#primaryimage\"},\"thumbnailUrl\":\"https:\/\/dev.saasworthy.com\/blog\/wp-content\/uploads\/2022\/10\/SaaS-Weekly-roundup-42-SaaSworthy.jpg\",\"datePublished\":\"2022-10-24T15:53:06+00:00\",\"dateModified\":\"2022-10-24T15:53:28+00:00\",\"author\":{\"@id\":\"https:\/\/dev.saasworthy.com\/blog\/#\/schema\/person\/0a908a8cb79f924b90d6749d3c1f7f0f\"},\"description\":\"The previous week wasn't as busy in the world of SaaS, but that doesn't mean there weren't enough happenings that don't deserve your attention. 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