Intello, an intelligent SaaS optimization provider, today announced a $1.3 million seed funding round and the public launch of its platform. The round was led by Emerge, with participation from BoxGroup, Blacktop, Kaedan, and Tectonic. Additional investors in the round include InVision founder Clark Valberg, The Muse founder Kathryn Minshew, and Sense360 founder Eli Portnoy.
Intello’s end-to-end SaaS platform unlocks visibility into an organization’s SaaS spend, usage and compliance. The platform directly integrates with Quickbooks, Netsuite and Salesforce, as well a proprietary browser extension, to create a single system of record to manage SaaS applications.
The company will use the funding to accelerate product development and expand its engineering team in New York.