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Five SaaS Capital Portfolio Companies Either Acquired or Raised Equity Funding

October 6, 2021

SaaS Capital Growth DebtCINCINNATI & SEATTLE, October 06, 2021 – SaaS Capital, the leading provider of growth debt to software-as-a-service (SaaS) companies, congratulates PerformLine, XSOLIS, Waggl, Opsview, and Qure4u on their recent successes in Q2 and Q3 of this year.

PerformLine Attracts Strategic Investment from M33 Growth

“PerformLine, a leading provider of omni-channel compliance technology, announced a strategic investment from M33 Growth, a Boston-based venture and growth stage investment firm. The growth capital will drive further innovation across PerformLine’s enterprise grade platform and propel customer success as well as continue to accelerate the company’s existing growth.”

XSOLIS Poised for Scale with $75 Million Growth Investment from Brighton Park Capital

“XSOLIS, a healthcare technology firm focused on improving healthcare operations, announced that it has secured a $75 million minority growth investment from Brighton Park Capital, a research-driven investment firm that specializes in partnering with growth-stage software, healthcare technology, information services and technology-enabled business services.”

Perceptyx Equips HR Leaders for the Talent War; Acquires Waggl and CultureIQ

“Perceptyx, the leading employee listening and people analytics platform, announced two acquisitions that will give organizations even more of the dynamic feedback they need to meet post-pandemic employee expectations. The company has acquired Waggl, an employee feedback solution that crowdsources employee comments and ideas in real-time, and CultureIQ, a research-backed solution for assessing current culture and closing culture gaps.”

ITRS Group continues expansion with the acquisition of Opsview

“ITRS Group, a leading provider of real-time monitoring and analytics software, has acquired 100% of Opsview Limited, a modern, scalable monitoring platform, which provides unified insight into dynamic IT operations on-premises, in the Cloud or hybrid. Opsview will remain and operate as a separate brand and entity.”

Qure4u Announces Close of $25M Growth Equity Investment to Accelerate Innovation in Digital Health Solutions

“Qure4u, the industry leader in digital health, announced the close of its $25M funding from Boston growth equity firm Volition Capital. The investment follows record 140% YoY growth fueled by a rapidly expanding customer base and increased adoption of Qure4u’s patient engagement and virtual care platform that supports the entire patient journey.”

Congratulations to all the teams on their success in completing successful exits and fundraisings.

About SaaS Capital

SaaS Capital is the leading provider of growth debt designed explicitly for B2B SaaS companies. SaaS Capital’s growth debt is structured to provide a significant source of committed funding, deployment flexibility, and lower overall cost of capital, all while avoiding the loss of control associated with selling equity. SaaS Capital was the first to offer lending alternatives to SaaS businesses based on their future recurring revenue. Since 2007, SaaS Capital has deployed $234 million in growth debt to deliver better outcomes for 70+ clients, resulting in $983 million in total enterprise valuation created. Visit www.saas-capital.com to learn more.

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