New month, new B2B SaaS funding update by Knight Capital.
As we saw public markets crash this month, there were no spillover effects yet visible in the funding activity.
Some further key insights were:
Significant similarities between March and April - $19M average funding amount in both months.
B2B software ventures in Europe raised €2.6B in April across 134 deals
SonarSource and Nord Security joined the European B2B SaaS Unicorn Club
April’s Top 3 largest funding rounds consisted of SonarSource (€ 375M), Beqom ( € 273M), and Kpler (€ 200M).
See the full report below: