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European SaaS trends are on 🔥

And so is AI

December 13, 2024

Welcome to SaaS Wire — your backstage pass to the hottest in software and services!

What we’ll cover today:

 💶 Yampa snags €3M to make customer support smarter.

📈 European SaaS is booming—2024 trends are here.

🛠️ TNW Conference promises to reshape tech in 2025.

🌍 Web Summit in Vancouver is THE event to watch!

Krishna Mehra, a tech leader with roots in Meta, joins Elevation Capital to spearhead AI and SaaS investments globally.

🚨 Breaking News:
Elevation Capital taps Krishna Mehra, doubling down on AI and SaaS, to support Indian founders targeting the global stage.

⚡ Wire Simplified:

  • Elevation Capital hires Krishna Mehra, a former Meta engineering lead.

  • Mehra will focus on AI and SaaS investment strategies.

  • The goal is to empower Indian entrepreneurs to go global.

  • Silicon Valley becomes Elevation’s new hub for scouting.

  • This move highlights the growing importance of SaaS in global markets.

✔️ Straight to the Point:
Elevation’s big hire signals a strategic shift, with Mehra blending Silicon Valley expertise and Indian entrepreneurial ambition to lead in AI and SaaS.

🎤 Is Elevation Capital’s focus on SaaS and AI the future of investments?

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3 things you don’t wanna miss… 😉

  1. SaaS is Taking Over! — 📊 2024 Survey Reveals Big Wins Ahead

  2. 3D SaaS Scores Big! — 💰 Partful Bags $5M to Transform Manufacturing

  3. SaaS World Shaken Up! — 🔥 SaaStock Buys Latka’s SaaS Open

🚨 Breaking News:
Yampa raises €3M to make customer support smarter, faster, and better with AI, leaving customers and agents smiling!

⚡ Wire Simplified:

  • Yampa specializes in automating customer service with AI.

  • Partech led the €3M funding round.

  • The funds will be used for tech enhancements and scaling operations.

  • Focused on making customer support seamless for businesses and users.

  • AI tools are becoming a game-changer for service efficiency.

✔️ Straight to the Point:
Yampa’s €3M funding showcases how AI is transforming traditional customer service, paving the way for smarter interactions worldwide.

❝

For an early stage company, a high quality customer is probably worth 10x an average customer.

i.e. I think it's better to have 100k of ARR from Ramp Wiz Perplexity OpenAI etc than 1M of ARR from more typical companies.

❝

I think I want a little sidebar on my Mac that's transcribing everything it's seeing and hearing into possible queries. I click the query, it sends to Perplexity/OpenAI/Claude. Would that be useful? (It does not store transcripts or screenshots.)

  1. PHP UK Conference 2025
    PHP UK Conference is a premier event for PHP developers, featuring expert talks and workshops on the latest in PHP development. It’s perfect for those looking to expand their coding expertise.
    Date: February 19, 2025 | Location: London, UK


  2. TNW Conference 2025
    TNW Conference is a 2-day technology event in the greater Amsterdam area, where industry leaders and tech enthusiasts alike come together to explore how tech will help us reclaim the future.
    Date: June 19-20, 2025 | Location: Amsterdam, Netherlands

  3. Web Summit Vancouver 2025
    In May 2025, thousands of international entrepreneurs, investors, media outlets, and leaders will gather in Vancouver at our newest event: Web Summit Vancouver.
    Date: May 27-30, 2025 | Location: Vancouver, Canada

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