Nuqleous Raises $26M in Funding

Nuqleous

Nuqleous, a Bentonville, AR-based provider of automated retail space-planning and performance analytics software, raised $26M in funding.

Blue Ladder Capital made the investment.

The company intends to use the funds to expand operations and its business reach.

Led by CEO Paul Sims, Nuqleous provides software products that enable customers to improve margins, reduce inefficiencies and turnover, and increase sales for over 700 categories across 3,700 brands representing $40.9 billion in annualized sales. 

Since 2013, the company has empowered top CPG brands, distributors, and retailers to enhance merchandising and data analytics. Nuqleous serves over 75 blue-chip companies (Kraft-Heinz, PepsiCo, Kellogg’s, Anheuser-Busch, Unilever) servicing the largest retailers, c-stores, and grocers (Walmart, Target, 7-Eleven, CVS, Kroger).

FinSMEs

25/07/2023