Nue.io Raises $9M in Seed Extension

Nue.io

Nue.io, a San Mateo, CA-based provider of a quote-to-revenue platform, raised $9M in Seed Extension.

The round was led by co-led by Bluefish Ventures and Penny Jar Capital, with participation from NJP Ventures and Operator Stack and existing investors Information Venture Partners and NextWorld Capital.

The company intends to use the funds to expand its product offerings and accelerate growth.

Led by CEO Mark Walker, Nue provides a platform that offers innovative pricing, sales, and finance tools on the Salesforce platform for businesses to be agile so they can drive new revenue and retain customers in an increasingly dynamic economy. With features such as automated pricing and quoting, sales enablement tools, financial reporting and analytics, and usage-based billing, the platform empowers SaaS businesses to optimize their pricing and sales strategies, improve their cash flow, and reduce their operating costs.

With this latest funding round, the company has raised a total of $15M.

FinSMEs

23/05/2023