SaaS Flash Report

Daily SaaS News Roundup - Updated: 2026-02-09

SaaS news today at breaking speed

Today's SaaS News Highlights

SAAS NEWS FLASH

Turnstile Launches AI-Powered Quote-to-Cash Platform with $29M Series A

•Turnstile's Revenue Operations Platform: San Francisco-based Turnstile closed $29 million in Series A funding to automate the complete quote-to-cash workflow for sales-led B2B SaaS companies, with backing from First Round Capital, OMERS Ventures, and Illuminate Financial[3].

•Forerunner Secures $39M for GovTech: Forerunner Industries raised a combined $39 million across Series A and Series B rounds to expand its AI-powered platform for government built environment management, led by Wellington Management and Union Square Ventures[4].

•Fintower Closes €1.5M Seed Round: Gothenburg-based fintech SaaS company Fintower closed an oversubscribed €1.5 million seed round with participation from Chalmers Ventures, Akka, and the Stena family[1].

Flash Insight: Today's funding announcements reflect sustained investor confidence in specialized SaaS solutions—particularly in revenue operations automation and vertical-specific platforms serving government and financial sectors. The combination of large Series A rounds and emerging seed-stage companies signals a maturing market where both established and early-stage SaaS startups are attracting significant capital.

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Sources:

[1] https://www.thesaasnews.com/news/fintower-closes-1-5-million-seed-round

[3] https://www.thesaasnews.com/news/turnstile-bags-29m-in-series-a-funding

[4] https://www.thesaasnews.com/news/forerunner-raises-39-million-funding

📊 SaaS METRICS SNAPSHOT - February 09, 2026

Market Performance
•Median ARR growth rates settled at 26%, down from 30% in 2022, with VC-backed companies at 25-30% median and top quartile at 50%+; bootstrapped at 20-23% median[2].
•Net revenue retention (NRR) compressed to median 101%, with top performers at 111%+; alternative benchmarks show median 106% and top at 120%+[2][3].
•AI-native companies grow at twice the rate of traditional SaaS across revenue bands, amid muted growth and multiple compression in the "SaaSacre of 2026"[2][6].

Key Industry Numbers
•CAC benchmarks: Median $2.00 per $1.00 of new ARR (14% increase from 2023); fourth-quartile at $2.82; healthy LTV:CAC at 3:1 to 5:1[1][3].
•Churn and retention: 75% of companies reported declining retention in 2024; prioritize NRR >106% for 2.5x faster growth; CAC payback <90 days[1][3].
•Pricing and efficiency: Gross margins benchmark at 75%+; expansion ARR now 40% of total new ARR (over 50% for >£50M companies); SEO delivers 702% ROI[2][3].

Today's Notable Metrics
•Ramp's top SaaS vendors (February 2026): Trending AI infrastructure leaders include Cerebras, Runware, Clarifai, Novita AI, Crusoe, Modal; standouts like Cursor (Generative AI), ElevenLabs (Voice Agents), Supabase (DevOps) show breakout growth via transaction data from 50,000+ businesses[5].
•No new funding rounds, unicorn valuations, or company-specific announcements noted today; focus on AI self-hosting momentum as cheaper alternatives to APIs[5].
•Visitor-to-lead conversions average 1.5-2.1% (SEO/PPC), with top 10% B2B SaaS at 8-15% via AI personalization (+18-24%)[1][4].

SaaS Flash Report

Today's SaaS News Highlights

SaaS Funding

Enterprise Software

Product Launches

SaaS Analytics

Software Industry

SaaS Metrics

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