Blissfully grabs $3.5 million seed investment to help companies get their SaaS in gear

Blissfully, a New York Metropolis startup that helps corporations perceive their SaaS utilization inside their organizations, introduced it has obtained a $3.5 million seed spherical.

The funding was led by Hummer Winblad Enterprise Companions. Hubspot, Founder Collective, and a number of other unnamed pre-seed buyers additionally participated. They received a $1.5 million pre-seed funding, bringing the whole thus far to $5 million, in accordance the corporate.

Firm co-founder and CEO Ariel Diaz says Blissfully really helped him and his co-founder remedy an issue they had been having monitoring the SaaS utilization at their earlier startups. Like many corporations, they had been utilizing spreadsheets to trace this data and so they discovered it was untenable as the corporate grew past 30 or 40 folks. They figured there needed to be a greater approach, so that they constructed one.

Their product is far more than merely a database of the SaaS merchandise in use inside a corporation. It could combine with present firm programs like single sign-on instruments similar to Okta and OneLogIn, monetary reporting programs and G Suite login data. “We are attempting to automate as a lot of the info assortment as potential to find what you’re utilizing, who’s utilizing it and the way a lot you might be spending,” he mentioned.

Blissfully SaaS report. Screenshot: Blissfully

Their scans usually flip up merchandise clients thought they’d canceled or people who IT had requested staff to cease utilizing. Greater than discovering Shadow IT, the product additionally provides perception to total SaaS spend, which many corporations have hassle getting a grip on. They will discover most utilization with a scan. Some information similar to personalized contract data could need to be manually entered into the system, he says.

Hubspot CEO Brian Halligan, whose firm is likely one of the buyers on this spherical, sees a rising want for this sort of device. “The widespread development of SaaS throughout corporations of all sizes is a number one indicator of the market want for Blissfully. As enterprise’ investments in SaaS improve, they lose visibility into points starting from spending to safety,” Halligan mentioned in a press release.

The corporate affords a freemium and pay mannequin and is on the market within the G Suite Market. In case you go for the free model, you may scan your programs for SaaS utilization, however if you wish to do extra advanced integrations with firm programs, it’s important to pay. They at present have 10 staff and 500 clients with a mixture of paying and free.

One attention-grabbing side of the Blissfully device is that it’s constructed solely utilizing Serverless architecture on AWS Lambda.


Facebook Comments