# SaaS Labs US

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/saas-labs-us

- Industry: Software
- Headquarters: Newark, US
- Website: www.saaslabs.co
- Total disclosed funding: $45M
- Latest round: Series B (Oct 26, 2021)
- Investors on record: 3

## About

SaaS Labs US, Inc. offers innovative cloud-based solutions that empower sales and support teams, enhancing productivity through streamlined communication tools and collaborative platforms.Founded in 2016 in Newark, US, SaaS Labs US, Inc. specializes in cloud-based business solutions. The company has successfully secured a total of three funding deals, with their latest being a Series B round in October 2021, raising USD 40.5 mn led by Sequoia Capital. The founder, Gaurav S, has a history of entrepreneurship, contributing to the company’s strategic direction and growth.SaaS Labs specializes in a comprehensive suite of cloud-based solutions designed to enhance the productivity and effectiveness of sales and support teams within growing companies. The core product offerings include a flexible cloud phone system that integrates seamlessly with CRM and helpdesk platforms, enabling teams to manage calls, texts, and faxes efficiently. Additionally, their context-powered workspace facilitates real-time communication, collaboration, and performance tracking among team members. Other notable products include Callback Automation, which connects potential customers with sales representatives quickly, a shared inbox software to consolidate customer communications, and a scheduling tool that simplifies appointment bookings. These products are aimed at clients across various industries in markets including North America, Europe, and Asia, focusing on businesses looking to improve operational efficiency and customer engagement.SaaS Labs operates primarily on a subscription-based revenue model, with pricing plans starting at USD 24 per month for their services, which include a cloud phone system and collaborative workspace tools. Clients typically engage in direct-to-consumer transactions, subscribing to various features based on their organizational needs. For example, a sales team may subscribe to the cloud phone system to enhance their outreach capabilities and adopt the shared inbox feature to streamline customer communication. This structured approach ensures that businesses of all sizes can access essential tools without incurring significant upfront costs or long-term commitments, as there are no setup fees or annual contracts involved. The company’s diverse product line and flexible pricing strategy support its revenue generation across various geographical markets.In October 2021, SaaS Labs US, Inc. raised USD 40.5 mn in Series B funding led by Sequoia Capital, with participation from Eight Roads Ventures and Base10 Partners. The company plans to leverage this funding for research and development, aiming to enhance existing products and introduce new offerings for its global users. Specific upcoming products are currently under design, although no release dates have been disclosed. Furthermore, SaaS Labs is targeting expansion into new geographic regions, particularly in Europe and Asia, to broaden its market footprint and enhance customer engagement.

## Funding rounds

- Series B, Oct 26, 2021, $41M — Hong Shan, Eight Roads Ventures, Base10 Partners
- Series A, Mar 10, 2021, $4.5M — Eight Roads Ventures, Base10 Partners

## Investors

- Eight Roads Ventures (https://capitalatlas.ai/funds/eight-roads-ventures) — Series A, Series B
- Base10 Partners (https://capitalatlas.ai/funds/base10-partners) — Series A, Series B
- Hong Shan — Series B