SaaS management service NachoNacho scores seed funding

NachoNacho, a SaaS management platform, has collected $3m in its seed funding round.

The investment was led by AltaIR Capital, with commitments also coming from Moving Capital (Uber Alumni), PMC, s16vc and others.

NachoNacho was founded to solve troubles around handling businesses and SaaS vendors in the subscription economy. It claims buyers waste time and money finding vendors, while the vendors are having to increase acquisition spend.

The NachoNacho platform was built to help firms manage and buy SaaS, and help vendors quickly find customers.

One of its services includes the ability to consolidate all existing SaaS spend into one account, create a separate virtual credit card for each subscription and pay vendors. Companies can create virtual Visa credit card (NachoCard).

NachoNacho CEO and founder Sanjay Goel said, “We are excited for the support of AltaIR, Moving Capital (Uber Alumni), PMC, s16vc, and all other investors in our mission to harmonize the subscription economy and create substantial network effects.

“The completion of this round is the next milestone for the company, enabling us to build a rockstar team and create an inflection point in our growth.”

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