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Israeli SaaS startup Stigg raises $17.5m series A

Stigg, a company providing developer-focused monetization tools, has secured US$17.5 million in a series A funding round.

Red Dot Capital Partners led the investment, with contributions from Unusual Ventures, Emerge Ventures, Redseed, and Cerca Partners.

This funding increases Stigg’s total raised to US$24 million.

Founded by CEO Dor Sasson and CTO Anton Zagrebelny, Stigg enables software developers to customize pricing strategies.

The firm employs over 20 people and plans to double its workforce within a year. Their focus includes expansion in the US and Israel.

Recent SaaS developments

Timeline
22-Oct-2024 🚀 Indian SaaS startup secures $30m series A
  • Neysa raises $30M in Series A funding round
  • Funds to enhance infrastructure and research capabilities
03-Nov-2022 📉 SaaS unicorn Chargebee lays off 142 employees
  • Chargebee cuts 10% of workforce, 142 jobs lost.
  • Move aims to refocus strategy amid economic challenges.
08-Jun-2021 🚀 SaaS startup incubated by ING Labs Singapore bags $2.5m from Elev8, others
  • ING Labs Singapore spins out Stemly as SaaS platform
  • US$2.5M raised to enhance supply chain decision-making
20-Apr-2021 🚀 SaaS startup Chargebee enters unicorn club with $125m round
  • Chargebee raises $125M at $1.4B valuation
  • Plans to expand globally and onboard more clients
11-Oct-2015 🚀 SaaS is the new black – and it has found a place in Chennai

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