Operations management SaaS platform developer Zluri is in talks with investors to raise between $15M to $20M through a Series B funding round.

 

Operations management SaaS platform developer Zluri is in talks with investors to raise between $15M to $20M through a Series B funding round. 

Sources informed Startup Story Media that existing backer Lightspeed Ventures Partners might lead the fresh funding along with Eight Roads Ventures. 

  • Existing investors Kalaari Capital, MassMutual Ventures, and Endiya Partners are poised to extend their support in the new round. 
  • Zluri intends to use the proceeds to fund expansion into new segments. 
  • The firm last raised a $10M Series A funding from Kalaari Capital and Endiya Partners in Jan. 2022. 
  • Per Tracxn, mid-stage SaaS startups raised $1.4B in 2022 across 34 deals. 
  • SaaS startups witnessed a 35% drop in funding in 2022, a smaller drop compared to the 60% slump across all sectors in the year.

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