This Week in SaaS - Feb 17 - 23, 2026

✨ Apply for the B2B SaaS Growth Program

We have helped 75 B2B SaaS companies scale up revenue and customer acquisition including Instantly, Instantly, Tatango, Seamless, and many others. Our 7-step process involves scaling up digital ads on Meta, Google, and LinkedIn within target CAC windows, building a content marketing machine, and scaling up outbound → all driven by a coordinated brand omnipresence campaign within a targeted ABM list. We’ll train you and your marketing team how to implement this system to scale up revenue in our upcoming 16 week B2B SaaS Growth Program starting March 12. Apply here by Feb 28. We have just five spots left for this cohort.

📚 New Blog Posts & Videos

1. How to Sell Your SaaS (from a Founder with a $169m exit) 🎥
2. How AI is Transforming Coding, QA, and Product Management
3. Managing Software Quality Assurance (QA) While Using Agentic Engineering and AI Coding
4. AI Coding and Agentic Engineering
5. CEO Mastermind Recaps for the Week of Feb 16 - 19, 2026

💸 Big SaaS VC Rounds 

1. Code Metal (AI code translation & verification; developer SaaS) – raised a $125M Series B on Feb 19, 2026; funds will scale its AI-driven legacy code modernization platform for regulated and defense environments.
   
   
2. Render (cloud infrastructure for developers; SaaS/PaaS) – raised a $100M Series C extension on Feb 17, 2026; funding will expand infrastructure capacity and enterprise adoption of its developer cloud platform.
   
   
3. Braintrust (AI observability & evaluation platform; enterprise SaaS) – raised an $80M Series B on Feb 17, 2026; capital will accelerate engineering and go-to-market for production AI monitoring.
   
   
4. VulnCheck (exploit & vulnerability intelligence; cybersecurity SaaS) – raised a $25M Series B on Feb 17, 2026; funds will expand exploit intelligence capabilities and scale growth.
   
   
5. ElevenLabs (voice AI API & enterprise software; SaaS) – raised a $19M Series A on Feb 18, 2026; funds will expand voice AI research and enterprise deployment.
   
   
6. Badge (Apple/Google Wallet infrastructure platform; B2B SaaS) – raised $17.1M (Seed + Series A) on Feb 19, 2026; funding will expand programmable wallet infrastructure and enterprise partnerships.
   
   
7. Daffodil Health (claims automation & health plan admin; healthcare SaaS) – raised a $16.3M Series A on Feb 17, 2026; funding will expand AI-driven claims automation and health plan partnerships.
   
   
8. Portkey (LLMOps control plane; SaaS) – raised a $15M Series A on Feb 19, 2026; funds will scale its AI gateway, guardrails, and observability platform.
   
   
9. Hypercore (private credit loan management platform; fintech SaaS) – raised a $13.5M Series A on Feb 23, 2026; funding will launch its AI admin agent and scale private credit workflows.
   
   
10. Coral Care (in-home pediatric therapy coordination platform; healthcare SaaS) – raised a $13M Series A on Feb 23, 2026; capital will support multi-market expansion and scaling operations.

🤝 SaaS M&A Deals 

• Mistral AI completed the acquisition of Koyeb (~undisclosed; AI app deployment/infrastructure; France/Europe) – announced on Feb 17, 2026; this acquisition strengthens Mistral’s cloud and deployment capabilities for running AI workloads at scale.
  
  
• Peak Rock completed the acquisition of UL Solutions’ employee health & safety software business (~$200M+; EHS/training/medical records software; US) – announced on Feb 20, 2026; this carve-out will be rebranded as PureEHS and is positioned for product + operational investment under new ownership.
  
  
• Major League Hacking (MLH) completed the acquisition of DEV (~undisclosed; developer community platform; US/global) – announced on Feb 18, 2026; this acquisition aims to unify developer learning/community across MLH’s programs and DEV’s publishing/community surface.

🧠 Key Takeaways

• If you’re redesigning sales for “agentic 2026” plan around AI agents as capacity (budget + orchestration), not just “automation add-ons”—and re-think the human team shape accordingly.
  
  
• Expect enterprise buying patterns to shift toward faster proof + safer deployment: build for governance, security, and measurable outcomes early, not after PMF.

📰 Community News

• Apply to join the SaasRise community for SaaS CEOs and Founders with $1M+ in ARR
• Apply to join the GrowthRise community for B2B Marketing Leaders
• Join Pulse, our AI-curated tech news reader, to see the latest SaaS, AI, and tech news and deals

See you next week with the next edition ofThis Week in SaaS.

-Ryan Allis, CEO of SaasRise