Investors Enticed By The As-A-Service Boom

Software-as-a-service saw a boom back around 2015, and the X-as-a-Service space hasn’t looked back. This week we see startups from the software-, banking- and data-as-a-service ranks landing new funding for their B2B solutions. Across the U.S., the U.K. and Canada, these startups raised a collective $76 million, with a secretive U.K. banking-as-a-service company emerging at the top of this week’s B2B Venture Capital roundup.



Dealflo, based in the U.K., has developed software to help companies manage financial agreements to ensure legal enforceability and compliance. On Monday (Feb. 27), the startup announced more than $12 million in new funding led by Holtzbrinck Ventures; backers from Notion Capital and Frog Capital also participated, reports said. Dealflo automates the financial agreement process on a cloud platform and said it will use its latest funding to help expand into new geographic markets. The company will also invest in its existing product roadmap, it added.


With nearly $13 million in Series A financing, Canada’s Sensibill will look to expand its digital

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