About Nuvo
Nuvo is a Technology company based in San Francisco (United States) founded in 1994 by Sid Malladi and Rameez Remsudeen, and was acquired by Versata in December 2007. It operates as a hair salon services are provided by Nuvo in San Francisco. It operates on a SaaS (Software-as-a-Service) and Subscription Services model. Nuvo has raised $56 million across 2 funding rounds from investors including Foundation Capital, Versata and Founders Fund. The company has 28 employees. Its chief executive is Sid Malladi. Its website nuvo.com draws about 70 thousand monthly visits. Nuvo offers products and services including Commerce Acceleration Platform, Customer Onboarding, and Risk Management. Its focus areas include Financial Technology and Trade Credit Solutions. Its legal entity is Nuvo Technologies, Inc.
Company details
Nuvo is established as a provider of a commerce acceleration platform focused on trade credit management. Solutions are offered for industries such as Beverage Liquor, Building Materials, Chemicals, Distribution, Food Service, and Manufacturing. The platform is designed to support functions like Sales, Finance, and IT through features including customer onboarding, risk management, decisioning automation, and payments management. Services are tailored for both small to medium businesses and enterprise clients, ensuring scalability, security, and integration with external systems like ERP. Growth opportunities are identified, risk trends are monitored, and trade partnerships are scaled with speed and confidence.
- Total Equity Funding$56M (USD)
in 2 rounds
- Latest Funding Round$45M (USD), Series A
Apr 2025
- InvestorsFoundation Capital
& 17 more
- Employee Count28
- Acquired byVersata
(Dec 2007)
Products & Services of Nuvo
Nuvo offers a comprehensive portfolio of products and services, including Commerce Acceleration Platform, Customer Onboarding, and Risk Management.
Platform for onboarding, risk management, and payment automation.
Solution for faster customer onboarding with automated validations.
Tool for predicting and mitigating credit risk effectively.
Funding Insights of Nuvo
Nuvo has successfully raised a total of $56M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $45 million completed in April 2025. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $56M
- Total Rounds 2
- Last Round Series A — $45M
- First Round $11M
(Jun 2022)
- Investors Count 17
All 2 funding rounds of Nuvo with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr 2025 | $45M | Series A | – | – | |
| Jun 2022 | $11M | Seed | – | Founders Fund |
18 investors in total: 8 institutional and 10 angel.
Investors in Nuvo
Nuvo has secured backing from 18 investors, including venture fund and angel investors. Prominent investors backing the company include Foundation Capital, Versata and Founders Fund.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Venture capital investments in technology and defense sectors. | – | foundersfund.com | - | |
Venture capital investments in technology startups and entrepreneurs. | – | indexventures.com | - | |
Venture capital firm focused on early-stage fintech, enterprise, web 3, consumer, and multiple sectors | 1995 | foundationcapital.com | Palo Alto, United States | |
Venture capital investments are directed toward multiple sectors. | – | human.capital | San Francisco, United States | |
Venture capital firm investing in early-stage companies across fintech, healthcare, and multiple sectors | – | susaventures.com | San Francisco, United States | |
Sequoia Capital is engaged in venture capital investments. | 1972 | sequoiacap.com | - | |
Spark Capital is engaged in venture capital investments. | – | sparkcapital.com | San Francisco, United States | |
GR Gokul Rajaram | Angel investor, product leader at DoorDash, ex-Google, Square | – | unknown_9e874a25695b4aa0a | - |
MM Max Mullen | Co-founder of Instacart, active angel investor in Indian startups | – | unknown_effa84caa498490eb | - |
MM Matt MacInnis | Founder of Inkling, angel investor, ex-Apple, focused on edtech and SaaS | – | unknown_1a6314232a81465e9 | - |
Investor details for Nuvo
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
People of Nuvo
2 people are tracked at Nuvo (2 in leadership); the tracked headcount is 28.
| Name | Role | Group |
|---|---|---|
Sid Malladi | Co-Founder & CEO | Leadership |
Rameez Remsudeen | Co-Founder | Leadership |
Complete people profiles for Nuvo
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Timeline of Nuvo
4 dated milestones of Nuvo across 31 years, from founding to its latest funding, stage changes and deals.
- Founded Nuvo is founded.
- Exit Acquired by Versata.
- Funding First funding round of $11.0M.
- Funding Latest funding round, Series A, of $45.0M.
Web traffic of Nuvo
The website of Nuvo (nuvo.com) receives about 70K visits a month and ranks #509,430 among all websites worldwide, #6,814 in Banking Credit and Lending.
- Monthly visits70K
▲ 28.2% vs previous month
- Unique visitors17.5K
per month
- Global rank#509,430
among all websites
- Category rank#6,814
Finance · Banking Credit and Lending
- Bounce rate29%
- Pages per visit4.9
- Average visit5 min 55 sec
- DevicesDesktop 83% · Mobile 17%
Websites whose visitors overlap most with Nuvo. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
tritonatm.com | tritonatm.com | 100% | – | #15,247,196 | – |
businesscreditworkshop.me | businesscreditworkshop.me | 62% | – | #5,358,828 | – |
| nacm.org | 59% | 23.9K | #1,016,711 | View details | |
| contractorplus.app | 53% | 49.9K | #604,182 | View details | |
| finsmes.com | 53% | 680.7K | #347,370 | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 9 similar websites and full traffic analytics for Nuvo
The complete similar-websites list, audience overlap and engagement analytics require an active premium plan.
- 9 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
Verified entity values are shown only after access is granted.
Top companies in Collaboration & Community Tools
10 companies that operate in the same segment as Nuvo (Collaboration & Community Tools), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Cloud-based omnichannel communication and customer engagement platform is utilized. | 2008 | San Francisco, California, United States | USD 239.77 M | USD 5.07 B | 5,540 | |
AI-powered platform manages marketing creatives and customer journeys. | 1982 | San Jose, California, United States | – | USD 23.77 B | 30,710 | |
AI powered customer experience management software | 2001 | Pleasanton, California, United States | USD 344.39 M | USD 477.22 M | 5,437 | |
Product experience is managed through cloud-based analytics and feedback tools. | 2013 | Raleigh, North Carolina, United States | USD 468.19 M | – | 969 | |
Automated usability testing and feedback for mobile experiences is provided. | 2007 | San Francisco, California, United States | USD 148.5 M | USD 21.68 M | 557 | |
A cloud-based platform is utilized for creating customizable surveys. | 1999 | Palo Alto, California, United States | USD 694 M | – | – | |
AI-powered loyalty management software is offered for enterprises. | 2008 | Bengaluru, Karnataka, India | USD 239.1 M | USD 78.34 M | 571 | |
Cloud-based business process management suite solutions are delivered. | 2010 | San Mateo, California, United States | USD 400.05 M | USD 838.81 M | 4,500 | |
Real-time communication and conversational AI solutions are provided by Agora. | 2014 | Guangzhou, Guangdong, China | USD 55 M | USD 141.43 M | 608 | |
SaaS platform enables digital adoption and customer self-service. | 2013 | San Jose, California, United States | USD 265.51 M | USD 52.03 M | 836 |
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Frequently Asked Questions about Nuvo
Nuvo was founded in 1994 and raised its 1st funding round 28 years after it was founded.
Nuvo is headquartered in San Francisco, United States. It is registered at San Francisco, California, United States.
Sid Malladi is the current CEO of Nuvo. They have also founded this company.
Nuvo is a funded company, having raised a total of $56M across 2 funding rounds to date. The company's 1st funding round was a Seed of $11M, raised on Jun 2022.
Nuvo has 28 employees.
Nuvo is established as a provider of a commerce acceleration platform focused on trade credit management. Solutions are offered for industries such as Beverage Liquor, Building Materials, Chemicals, Distribution, Food Service, and Manufacturing. The platform is designed to support functions like Sales, Finance, and IT through features including customer onboarding, risk management, decisioning automation, and payments management. Services are tailored for both small to medium businesses and enterprise clients, ensuring scalability, security, and integration with external systems like ERP. Growth opportunities are identified, risk trends are monitored, and trade partnerships are scaled with speed and confidence.
Nuvo offers Commerce Acceleration Platform, Customer Onboarding, and Risk Management.
Nuvo has 18 investors. Key investors include Foundation Capital, Versata, Founders Fund, Index Ventures, and Human Capital.
Nuvo operates through Nuvo Technologies, Inc..
Yes. Nuvo was acquired by Versata in December 2007.