Suger, a San Francisco, CA-based provider of a sales platform for cloud marketplaces, raised $3.5M in funding.
The round included a $2.5M Seed round co-led by Craft Ventures and Intel Capital, and $1M Pre-Seed funding from investors including Y Combinator.
The company intends to use the funds to expand and refine its product offering to span the entire pipeline from trial phase and opportunity sharing with cloud providers’ massive sales network to procurement and post-sales on the marketplace.
Led by CEO Jon Yoo, Suger helps B2B software companies list and sell on cloud marketplaces. It has a commitment to accelerating B2B multi-channel sales to ensure software companies accelerate cloud revenue and streamline sales and operational workflows.
To this end, the company provides a fully verticalized suite of tools, integrates with the existing tech stack and automates the listing and selling workflow. As customers scale their marketplace sales program, Suger enables them to cut operations costs.
FinSMEs
16/11/2023