Nue.io, a San Mateo-based company specializing in quote-to-revenue solutions, has successfully raised $9 million in Seed Extension funding. The funding round was co-led by Bluefish Ventures and Penny Jar Capital, with participation from NJP Ventures, Operator Stack, Information Venture Partners, and NextWorld Capital.
The new capital infusion will be utilized by Nue.io to further enhance its product offerings and accelerate its growth trajectory in the market.
Under the leadership of CEO Mark Walker, Nue.io provides a comprehensive platform built on the Salesforce platform, offering businesses innovative pricing, sales, and finance tools. With the dynamic nature of today’s economy, Nue.io enables businesses to adapt swiftly, drive new revenue streams, and retain customers. The platform boasts a range of features, including automated pricing and quoting, sales enablement tools, financial reporting and analytics, and usage-based billing. These capabilities empower SaaS businesses to optimize their pricing strategies, streamline their sales processes, enhance cash flow management, and reduce operating costs.
With this Seed Extension funding, Nue.io has now raised a total of $15 million in capital. The additional resources will enable the company to further develop its product suite, expand its market reach, and solidify its position as a leader in the quote-to-revenue space. By providing businesses with the tools and insights they need to succeed in today’s competitive landscape, Nue.io is poised to revolutionize how companies drive revenue and sustain customer loyalty.
