Nue.io, a leading quote-to-revenue platform provider, is creating waves in the FinTech world. The company has announced that it has successfully raised $9m in a seed extension round to help bolster its product offerings and fuel expansion.
This exciting funding round was co-orchestrated by Bluefish Ventures and Penny Jar Capital, with contributions from NJP Ventures and Operator Stack as well as from existing investors Information Venture Partners and NextWorld Capital. To date, Nue.io has managed to raise a total of $15m.
Nue.io’s pioneering platform provides businesses with innovative pricing, sales, and finance tools on the Salesforce platform. It offers the potential for businesses of all sizes to optimise their operations, generate quotes, manage expansion revenue, and bill customers more efficiently, all the while granting real-time revenue analytics. This empowers businesses to deploy hybrid pricing strategies, improve cash flow, and slash operating costs.
The recently procured funding will be directed towards broadening Nue.io’s product offerings and reinforcing its sales and marketing teams to drive increased platform adoption among businesses. Nue.io’s unified solution is a game-changer, propelling traditionally assembled CPQ, billing, and custom code solutions to greater heights. This will surely bring about increased acceleration in sales and finance operations of companies.
Nue.io CEO Mark Walker said, “Our mission at Nue is to help businesses innovate and thrive with powerful quoting and billing that are easy to deploy and use without complex consulting or large internal teams. With this new funding, we can respond to the incredible need in the marketplace and continue to innovate and enable our customers to respond quickly to the needs of their customers.”
Testimonials from users like Julian Hannabuss, Director of RevOps at Procurify, and Shep Maher, CRO of Betterworks, showcase the transformative impact that Nue.io’s platform can have on businesses. They applaud the ease of use, flexibility, and rapid response times of the platform in adjusting to ever-changing business needs.
Alex Millar, General Partner, Bluefish Ventures, expressed his excitement to support Nue.io in its journey of delivering innovative solutions to businesses in these challenging times. He reaffirmed the importance of a unified solution like Nue.io’s platform in uplifting sales and finance operations of businesses and expressed his eagerness to witness the accomplishments this new funding would bring about.
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