This Week in SaaS June 9 - 15, 2026. The top M&A deals, venture deals, news, and blog posts of the week Ryan Allis June 15, 2026 Equity growth partnership. If your SaaS company has between $2M and $50M in ARR, apply to be its next success story. SaasRise take an equity position in your firm and then deploy its B2B SaaS Growth System (ABM + ads + outbound) to scale up customer acquisition. So far SaasRise has had success working with clients including Convoso, Clearstream, Tatango, Instantly, RETR, RXNT, RNL, Resimpli, Sojern, and many more. Learn more here. New blog posts. Big SaaS VC rounds. * NinjaOne (IT operations and endpoint management platform; SaaS) - raised a $400M+ Series C extension at a $12.3B valuation on June 9, 2026, with participation from Wellington Management, Sequoia Capital, ICONIQ and CapitalG; the founder-led, debt-free Austin company, which grew revenue ~70% in 2025 and posted a Q1 profit, will use the funds to expand its unified IT operations platform serving ~40,000 organizations. * TensorWave (AMD-based AI cloud infrastructure for training and inference; SaaS) - raised a $350M Series B at a $1.55B valuation on June 10, 2026, co-led by Magnetar and AMD Ventures; funds will expand its global AMD Instinct MI355X GPU cloud capacity for LLM training and high-throughput inference. * Genspark (MainFunc) (agentic AI tools for the workplace; SaaS) - raised a $100M Series B extension at a $2.6B post-money valuation on June 11, 2026 (up 63% in three months), with return investors Sozo Ventures, UpHonest Capital and Mirae Asset; funds will accelerate its agentic AI productivity tools, now used by 6,000+ business customers. * Poetic (enterprise AI process automation; SaaS) - raised a $50M Series A at a $500M valuation on June 10, 2026, led by Kleiner Perkins (with Founders Fund, First Harmonic and OpenAI); funds will scale its forward-deployed team and bring its automation platform - which pairs AI with deterministic code execution - to more enterprises in healthcare, banking and insurance. * Turnout (AI-powered consumer advocacy; SaaS) - raised a $35M Series A at a $400M valuation on June 11, 2026, led by HighPost Capital; funds will expand its AI agent "Jake" and scale human advocacy into new healthcare and education verticals nationwide. * Maneva (video-to-action AI for manufacturing; SaaS) - raised a $27M Series A on June 10, 2026, led by U.S. Venture Partners (with Bling Capital and Freestyle Capital); funds will deepen its VITA and ALIS agents and expand factory-orchestration features into new geographies and industries. * Jedify (context-graph platform for enterprise AI agents; SaaS) - raised a $24M Series A on June 10, 2026, led by Norwest with strategic investment from Snowflake Ventures; funds will accelerate its autonomous context-graph infrastructure that grounds enterprise AI agents and reduces hallucinations. * Mendo (enterprise generative-AI adoption platform; SaaS) - raised a €12M (~$13.8M) Series A on June 11, 2026, led by Ventech and Educapital; funds will strengthen its AI-usage analytics layer and double headcount to 100 as it scales enterprise AI adoption across Europe. * Billables AI (AI operational-intelligence platform for law firms; SaaS) - raised a $10.2M Series A on June 9, 2026, led by Avenue Growth Partners (with Wing VC, SignalFire and Alumni Ventures); funds will accelerate R&D, expand go-to-market and deepen its legal-tech partner ecosystem. * SWARM Engineering (decision-intelligence AI for agrifood and manufacturing; SaaS) - raised a $10M Series A on June 10, 2026, co-led by S2G Investments and AgRogue Growth Partners (with Radicle Growth and Grit Road Partners); funds will scale its domain-trained AI agents across supply chain, workforce and logistics decisions. SaaS M&A deals. * OpenAI agreed to acquire Ona, formerly Gitpod (terms undisclosed; secure cloud execution environments for AI coding agents, SaaS, Germany) - announced on June 11, 2026; this acquisition brings persistent, secure server-side environments into OpenAI's Codex ecosystem, letting agents keep working on long-running tasks (codebase modernization, vulnerability patching) after a developer closes their laptop. * Blockworks completed the acquisition of Messari (~$10M; crypto data and market-intelligence software, SaaS, U.S.) - announced on June 12, 2026; this deal combines two of the largest crypto data platforms - Messari covers 40,000+ assets via a broad API - and is the first acquisition following Blockworks' Series A extension, which was raised specifically to consolidate the fragmented crypto data market. Key takeaways. * The $100M round is now ordinary - recalibrate late-stage expectations. Crunchbase data shows a nine-figure raise is no longer remarkable or even atypical at late stage; founders benchmarking valuations and round sizes should reset their reference points accordingly. * Watch where exit liquidity actually flows. As mega-cap private companies head toward the public markets, they become some of the best-capitalized acquirers on the planet - reshaping the M&A landscape startups will eventually sell into. Map your potential acquirers before banking on an exit. * AI budget is becoming the only growth budget that matters. Enterprise LLM budgets are expected to grow ~75% over the coming year while "innovation fund" allocations shrink to ~7% of LLM spend; SaaS sellers should position into core AI line items rather than discretionary experimentation budgets. * Rethink packaging as pricing turns consumption- and outcome-based. 2026 pricing trends show vendors moving away from fixed per-seat models toward AI-powered editions, restructured tiers and consumption-based pricing - largely to fund variable AI costs. Founders should revisit packaging and expansion motions now. Community news. See you next week with the next edition ofThis Week in SaaS. -Ryan Allis, CEO of SaasRise

Maneva raises $27-million USD Series A to expand AI vision in manufacturing. Capital will be used to scale into North America, expand into Asian markets. Toronto AI company Maneva, founded by a former Alberta welder turned engineer, has raised a $27-million USD ($38-million CAD) Series A round for its AI intelligence software for manufacturing. The news: Announced on June 10, the round was led by first-time Maneva investor, US Venture Partners, with USVP partner Matt Garratt joining the board. Its Series A round saw returning participation from Bling Capital and Freestyle Capital. Canadian firms Seguin Ventures and N49P, as well as Prem Kalevar, who put together an SPV for the round, also participated. Maneva plans to use the capital to scale its presence in North America, expand into Asia, and further develop its agentic AI. From the source: "We can plug into industrial cameras or security cameras - we're hardware agnostic," said CEO and Maneva founder, Rae Jeong. "It can look at specific products, the machines, the overall line... it's something that just like a human being is able to understand the scene and act from it." Following the thread: Founded in 2021 by Jeong,, Maneva uses camera feeds at manufacturing facilities and factories to transmit operational data to its proprietary AI platform, which then monitors production, catches defects, flags hazards, and tracks efficiency in real time. Maneva has raised a total of $38.4 million USD to date, and has seen early seed funding support from Bay area investors like Gokul Rajaram. The company counts customers in industries like steel and lumber manufacturing, meat processing, pharmaceuticals, and distribution. Final thought: With obvious benefits like catching health and safety hazards and ensuring product quality, Maneva's platform also monitors human workers, measuring productivity at the same time it monitors for safety. While anonymized, a Maneva media kit claims the platform can increase worker productivity, resulting in up to a 10 percent increase in total output. It's part of a bigger trend of tech being used to monitor workers with tools like remote keyloggers or the algorithmic, camera-based monitoring used at Amazon warehouses. BetaKit's Prairies reporting is funded in part by YEGAF, a not-for-profit dedicated to amplifying business stories in Alberta. Feature image courtesy Maneva. Roborock Discover the next generation of cleaning innovation. Roborock redefines home robotics with AI-powered systems that sense, adapt, and operate seamlessly in real homes.