This week’s SaaS Report breaks down Q2 results from ServiceNow and Pegasystems - then dives into one of the wildest valuation stories in tech: Palantir trading at nearly 100× ARR. From slowing growth and stretched CAC payback at Pega, to ServiceNow’s masterclass in scaled efficiency, to Palantir’s sudden surge in growth, margins, and investor hype, we unpack how a once-underperforming IPO turned into a $372B rocketship - and whether the multiple makes any sense.

One of the fastest ways to lose a deal is to assume your prospect’s buying process is simple. Most reps think it’s demo → proposal → approval. But inside the...

Curative Health Insurance Company has secured over $150m in Series B funding, elevating its valuation to $1.25bn.

The latest funding comes less than two months after Kalshi announced that it raised $300 million at a $5 billion valuation.

CFO Colette Kress also said the company is “absolutely not” threatened by competitors like Google.

Q2 earnings delivered everything from record-breaking growth to hard reality checks. Palantir posted one of the strongest SaaS quarters in years, Figma’s IPO sparked a frenzy, Cloudflare kept scaling, and ZoomInfo began its turnaround - while others struggled with slowing ARR and rising costs. Here’s the quick breakdown of who’s winning, who’s wobbling, and what it all means for SaaS heading into 2025.

Oversubscribed round led by Scale Venture Partners will fuel AI-technology development, West Coast expansion, and broker-dealer services. Rocket Money CEO Haroon Mokhtarzada, Scale Venture Partners’ Alex Niehenke will join the company’s board of advisors

Q2 earnings reveal a clear SaaS reality: the winners are balancing growth and efficiency at scale. From AppLovin’s breakout quarter to steady giants like Datadog, HubSpot, and Atlassian, this recap breaks down who’s accelerating, who’s stalling, and what these trends say about scaling SaaS in 2025.

One of the most painful moments in sales is when a deal looks like it’s going perfectly… until it suddenly isn’t. Your champion is excited, the demo lands, e...

From electronic health records and blood tests to the stream of data from wearable devices, the amount of health information people generate is accelerating rapidly. Yet, many users struggle to connect this trove of data in a meaningful way and actually use it to improve their health. Function Health wants to consolidate health data and make it usable for its customers.

In Episode 30 of The SaaS Report, host Matt Aird breaks down three key metrics from our Q2 State of SaaS Report - CAC payback, free cash flow margins, and sa...

Q2 showed a mixed SaaS landscape: growth is slowing for some, re-accelerating for others, and efficiency is improving across the board. Okta is stabilizing with smarter operations, CrowdStrike faces a high multiple despite slowing growth, MongoDB quietly delivered a clean turnaround, and Snowflake’s growth is back - but profitability still lags. On the AI front, Marc Benioff gave a grounded take: LLMs are powerful but limited, most impact is in support and lead qualification, and the future of SaaS interfaces remains uncertain.

The team said the fundraise pushes Zama’s total capital raised to over $150 million and values it at over $1 billion, making the firm the first unicorn involved with FHE.

Q2 2025 earnings make one thing crystal clear: in today’s SaaS market, “good” is no longer enough. Across Elastic, Nutanix, Zscaler, GitLab, ServiceTitan, and Figma, growth is the ultimate differentiator. Companies growing 30–50% with strong efficiency are rewarded, while those at ~20% ARR growth face multiple compression—regardless of clean execution or profitability. This post breaks down who’s thriving, who’s struggling, and what the barbell market means for investors and operators alike.

Vijil, an enterprise AI resilience platform, has secured fresh backing as it looks to help organisations safely scale the use of AI agents in production environments. The company has raised $17m in a round led by BrightMind Partners, with participation from Mayfield and Gradient. This new capital brings Vijil’s total funding to $23m, marking a […]

We're breaking down Q2 results for Rubrik, Asana, PagerDuty, and UiPath to reveal how public SaaS companies are navigating a market where growth is harder to come by. ARR growth is slowing across the board, CAC payback is stretching, and companies are shifting focus from aggressive expansion to operational efficiency. We also highlight trends across 40 public SaaS companies, including who's bucking the slowdown and which strategies are driving free cash flow in 2025.

Breaking news on Strataphy’s $6M raise. See how its cooling tech reshapes AI and industrial growth in hot climates. Full analysis—read now.

/PRNewswire/ -- Overstory, the leader in vegetation intelligence for the utility industry, today announced $43M in Series B funding. The round was led by Blume...

Harmonic, an artificial intelligence startup co-founded by Robinhood CEO Vlad Tenev, has raised $120 million in new funding, valuing the company at $1.45 billion, as it tackles AI "hallucinations" — or incorrect or nonsensical answers — by improving the ability to reason.

This post breaks down the real story behind Q2 2025 in SaaS - why CAC paybacks are blowing out, why free cash flow margins are hitting record highs, and how shrinking sales & marketing budgets are reshaping growth across the industry. We also dig into the early signs of “circular economics” emerging in the AI ecosystem, from GPU leasing loops to demand engineered through financing. If you want a clear, data-backed view of where SaaS and AI are heading next, this is the summary you need.

Tailor, the headless ERP platform enabling modern retail and e-commerce brands to build fully composable business systems, has completed its Series A funding