Productiv Raises $45M Series C to Revolutionize Enterprise SaaS Management and Empower Team Collaboration

Productiv is excited to announce a landmark funding milestone, having successfully raised $45,000,000 to further accelerate its mission of unlocking the most value from SaaS portfolios at scale. As the only SaaS Management Platform built specifically for bringing teams together, Productiv empowers IT, procurement, and finance professionals to work collaboratively using trusted data and AI-powered insights. This new round of funding, led by prominent investors including Accel, IVP, and Norwest Venture Partners, will be strategically deployed to enhance Productiv’s cutting-edge platform, which already combines billions of employee app usage data-points with in-depth vendor contract and organizational data. This innovative approach provides companies like Uber, Okta, and Carta with a comprehensive view of their SaaS applications, enabling business leaders to make smarter, more confident decisions throughout the entire SaaS-lifecycle. Founded in 2018 with a clear mission to facilitate better decision-making and maximize investment value, Productiv’s employee-centric and data-driven approach stands as a game-changer in the rapidly evolving SaaS ecosystem. The new capital will drive further platform enhancements, expand research and development efforts, and support strategic initiatives aimed at integrating even more robust AI capabilities. This will not only empower teams to manage the complexities of modern SaaS environments more efficiently but also elevate the level of actionable insights available to decision-makers. By fostering collaboration and transparency across departments, Productiv is setting a new standard for SaaS management and ensuring that every investment is backed by reliable data and seamless teamwork, propelling the company into its next phase of growth and innovation.