About Skuid
Skuid is a company based in Chattanooga (United States) founded in 2013 was acquired by Nintex in December 2023.. Skuid has raised $29 million across 2 funding rounds from investors including Marlin Equity Partners, Nintex and Iconiq Capital. The company has 114 employees as of December 31, 2022. Skuid has completed 1 acquisition, including InFlight Corporation. Skuid offers products and services including Nintex Automation CE, Nintex Automation K2, and App Development. Skuid operates in a competitive market with competitors including Odoo, OutSystems, DigitalOcean, Heroku and Skytap, among others.
- Headquarter Chattanooga, United States
- Employees 114 as on 31 Dec, 2022
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Sectors
Technology
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Email
***********
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Phone
*********
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Website
*********
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Social
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- Legal Name Skuid, Inc.
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$29 M (USD)
in 2 rounds
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Latest Funding Round
$25 M (USD), Series B
Mar 13, 2017
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Investors
Marlin Equity Partners
& 3 more
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Employee Count
114
as on Dec 31, 2022
- Investments & Acquisitions
- Acquired by
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Products & Services of Skuid
Skuid offers a comprehensive portfolio of products and services, including Nintex Automation CE, Nintex Automation K2, and App Development. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Cloud platform for managing and optimizing business workflows.
On-premises software for low-code process automation.
Tools for creating custom apps with drag-and-drop interfaces.
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Software Development Team
75 people
Senior Team
24 people
Finance and Accounting
10 people
Sales and Marketing
10 people
Human Resources and Administration
8 people
Leadership Team
6 people
Product Management Team
6 people
Principal Team
5 people
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Funding Insights of Skuid
Skuid has successfully raised a total of $29M across 2 strategic funding rounds. The most recent funding activity was a Series B round of $25 million completed in March 2017. 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 Total Funding
- Total Rounds 2
- Last Round Series B — $25.0M
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First Round
First Round
(08 Feb 2014)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar, 2017 | Amount | Series B - Skuid | Valuation | Iconiq Capital | |
| Feb, 2014 | Amount | Series A - Skuid | Valuation |
investors |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Skuid
Skuid has secured backing from 4 investors, including venture fund investors. Prominent investors backing the company include Marlin Equity Partners, Nintex and Iconiq Capital. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Provider of investment management and real asset services
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Founded Year | Domain | Location | |
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B2B enterprise SaaS investments are managed by K1 Investment Management.
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Founded Year | Domain | Location | |
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Global private equity investments are managed by the firm.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Skuid
Skuid has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include InFlight Corporation. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Employee experience platform for HR system integration is provided.
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2010 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Skuid
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Skuid Comparisons
Competitors of Skuid
Skuid operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Odoo, OutSystems, DigitalOcean, Heroku and Skytap, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Open-source business management software is developed with integrated modules.
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| domain | founded_year | HQ Location |
Low-code platform enables application development and deployment without coding.
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| domain | founded_year | HQ Location |
Cloud based integrated application development platform
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| domain | founded_year | HQ Location |
Saas based provider of integrated platform as a service solutions
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| domain | founded_year | HQ Location |
Cloud-based environments are delivered for application development and testing.
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| domain | founded_year | HQ Location |
Cloud based integrated solutons for software development
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Skuid
Frequently Asked Questions about Skuid
When was Skuid founded?
Skuid was founded in 2013 and raised its 1st funding round 1 year after it was founded.
Where is Skuid located?
Skuid is headquartered in Chattanooga, United States. It is registered at Chattanooga, Tennessee, United States.
Is Skuid a funded company?
Skuid is a funded company, having raised a total of $29M across 2 funding rounds to date. The company's 1st funding round was a Series A of $4M, raised on Feb 08, 2014.
How many employees does Skuid have?
As of Dec 31, 2022, the latest employee count at Skuid is 114.
What does Skuid do?
Skuid was founded in 2013 and is headquartered in Chattanooga, United States. A cloud-based platform for codeless application development is offered, focusing on UX design and deployment. Data from enterprise systems such as Oracle, Microsoft, Salesforce, and Slack is integrated to support organizational productivity. Customers served include AXA, Career Builder, HPE, Intuit, Optimizely, Red Hat, Taco Bell, and Workday. Operations center on enterprise software solutions.
Who are the top competitors of Skuid?
Skuid's top competitors include DigitalOcean, Heroku and Odoo.
What products or services does Skuid offer?
Skuid offers Nintex Automation CE, Nintex Automation K2, and App Development.
How many acquisitions has Skuid made?
Skuid has made 1 acquisition, including InFlight Corporation.
Who are Skuid's investors?
Skuid has 4 investors. Key investors include Marlin Equity Partners, Nintex, Iconiq Capital, and K1 Investment Management.
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