SaaS startup Whatfix raises $125 million from Warburg, SoftBank, valuation hits $900 million

Software-as-a-service (SaaS) company Whatfix has closed a $125 million funding round led by private equity firm Warburg Pincus. The New York-based fund invested $100 million, while existing investor SoftBank put in another $25 million. After this round, the company is valued at around $900 million, compared with $568 million in 2021 following a $90 million funding round led by SoftBank.