Fundz

Stepfunction Secures $5M In Post-Seed Funding

PRIVATEAug 31, 2022

Amount Raised

$5 Million

Round Type

Seed

Palo AltoSoftwareEnterprise SoftwareAnalyticsMachine LearningMarketing AutomationSaaSCRM

Description

StepFunction, a market leader in SaaS revenue growth solutions, today announced a $5M post-seed raise led by Dallas Venture Capital (DVC) with participation from Hummer Winblad Venture Partners, Inventus Capital Partners, and Z5 Capital.

Quick answer

StepFunction raised $5 Million in a Seed round, dated August 31, 2022. StepFunction is based in Palo Alto, California, United States.

How much did StepFunction raise?
StepFunction raised $5 Million in a Seed round on August 31, 2022.
What does StepFunction do?
StepFunction’s mission is to make SaaS operations a science by applying advanced analytics to customer behavior signals and operational data.
Where is StepFunction based and how big is it?
StepFunction is based in Palo Alto, California, United States.

Source: Fundz verified event record.

Who else raised in Enterprise Software and Analytics around the same time

Companies in the same sectors as StepFunction that raised within 45 days of this round, from Fundz verified event records.

  • Automation Anywhere, Inc. raised $200M (Funding Round) on October 3, 2022.
  • TrueFoundry raised $2.3M (Seed) on September 20, 2022.
  • OvationCXM raised $20M (Funding Round) on September 13, 2022.
  • Live Earth raised $10M (Funding Round) on September 8, 2022.
  • Nightfall AI raised $40M (Series B) on August 10, 2022.
  • Cordial raised $50M (Series C) on July 26, 2022.

Who to call at StepFunction, and when

A new round usually means StepFunction is about to hire and buy. The teams that reach out first get the meeting.

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Company Information

Company

StepFunction

Location

Hubbartt Dr

Palo Alto, California, United States

About

StepFunction’s mission is to make SaaS operations a science by applying advanced analytics to customer behavior signals and operational data. The StepFunction Customer Intent Engine leverages machine learning to empower SaaS clients with data-driven, real-time, and actionable insights to retain and upsell to the right customers. With bullseye targeting, SaaS clients can achieve top-line growth through increased customer retention, reduced churn, and targeted upselling; and improve their bottom-line by reducing costs to reach customers.

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StepFunction raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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