Intello, a NYC-based intelligent SaaS (software-as-a-service) optimization provider, raised $1.3M in seed funding.
The round was led by Emerge with participation from BoxGroup, Blacktop, Kaedan, and Tectonic and additional investors InVision founder Clark Valberg, Muse founder Kathryn Minshew, and Sense360 founder Eli Portnoy.
The company will use the funding to accelerate product development and rapidly grow their engineering team in New York.
Led by Barak Kaufman, Co-Founder & CEO, Intello provides an end-to-end SaaS optimization platform that gives users full visibility into an organization’s SaaS spend, usage and compliance. The platform leverages direct integrations with Quickbooks, Netsuite and Salesforce and a proprietary browser extension, to create a single system of record to manage SaaS applications.