Blissfully, a New York Metropolis startup that helps firms 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 acquired a $1.5 million pre-seed funding, bringing the whole to this point to $5 million, in accordance the corporate.
Firm co-founder and CEO Ariel Diaz says Blissfully really helped him and his co-founder clear up an issue they have been having monitoring the SaaS utilization at their earlier startups. Like many firms, they have been utilizing spreadsheets to trace this data they usually discovered it was untenable as the corporate grew past 30 or 40 individuals. They figured there needed to be a greater manner, so that they constructed one.
Their product is way more than merely a database of the SaaS merchandise in use inside a company. It might combine with present firm programs like single sign-on instruments resembling Okta and OneLogIn, monetary reporting programs and G Suite login data. “We try to automate as a lot of the information assortment as doable to find what you’re utilizing, who’s utilizing it and the way a lot you might be spending,” he mentioned.
Their scans usually flip up merchandise prospects thought that they had canceled or those who IT had requested staff to cease utilizing. Greater than discovering Shadow IT, the product additionally provides perception to general SaaS spend, which many firms have bother getting a grip on. They will discover most utilization with a scan. Some knowledge resembling custom-made contract data could should be manually entered into the system, he says.
Hubspot CEO Brian Halligan, whose firm is among the buyers on this spherical, sees a rising want for this sort of instrument. “The widespread progress of SaaS throughout firms 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 an announcement.
The corporate gives a freemium and pay mannequin and is on the market within the G Suite Market. In the event you go for the free model, you possibly can scan your programs for SaaS utilization, however if you wish to do extra complicated integrations with firm programs, you must pay. They presently have 10 staff and 500 prospects with a mixture of paying and free.