About UseNucleus
UseNucleus is a company founded in 2022 by Evis Drenova.. UseNucleus has raised $2.23 million across 2 funding rounds from investors including Soma Capital, Y Combinator and Lombardstreet Ventures. UseNucleus operates in a competitive market with competitors including AlmavivA, Hedgehog lab, Kontron, Unicorn and Gigster, among others.
- Founders Evis Drenova
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Sectors
Technology
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Phone
*********
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Website
*********
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Social
*********
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$2.23 M (USD)
in 2 rounds
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Latest Funding Round
$2.1 M (USD), Series A
Jan 16, 2023
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Investors
Soma Capital
& 2 more
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Employee Count
Employee Count
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Funding Insights of UseNucleus
UseNucleus has successfully raised a total of $2.23M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $2.1 million completed in January 2023. 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 A — $2.1M
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First Round
First Round
(01 Jun 2022)
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan, 2023 | Amount | Series A - UseNucleus | Valuation | Soma Capital , Lombardstreet Ventures | |
| Jun, 2022 | Amount | Seed - UseNucleus | Valuation |
investors |
| 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 UseNucleus
UseNucleus has secured backing from 3 investors, including venture fund investors. Prominent investors backing the company include Soma Capital, Y Combinator and Lombardstreet Ventures. 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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Early-stage investments are provided by Soma Capital to startups.
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Founded Year | Domain | Location | |
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Early-stage startups are accelerated via funding and educational programs.
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Founded Year | Domain | Location | |
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Venture capital investments are directed toward early-stage pre-seed startups.
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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 UseNucleus
| 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 |
Financial Statements - UseNucleus
| 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 |
Usenucleus Comparisons
Competitors of UseNucleus
UseNucleus 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 AlmavivA, Hedgehog lab, Kontron, Unicorn and Gigster, 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 |
IT services suite solutions are provided globally by AlmavivA.
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| domain | founded_year | HQ Location |
Mobile application development and UX design services are provided.
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| domain | founded_year | HQ Location |
Embedded computing platforms are developed for industrial applications.
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| domain | founded_year | HQ Location |
Software development services are provided by Unicorn in Prague.
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| domain | founded_year | HQ Location |
Software development services are provided via an AI-powered platform.
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| domain | founded_year | HQ Location |
Platform offering digital textbooks for students
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| 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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Frequently Asked Questions about UseNucleus
When was UseNucleus founded?
UseNucleus was founded in 2022.
Who is the current CEO of UseNucleus?
Evis Drenova is the current CEO of UseNucleus. They have also founded this company.
Is UseNucleus a funded company?
UseNucleus is a funded company, having raised a total of $2.23M across 2 funding rounds to date. The company's 1st funding round was a Seed of $125K, raised on Jun 01, 2022.
What does UseNucleus do?
Nucleus was founded in 2022 as a provider of software development services within the technology sector. Operations focus on delivering custom software solutions, with the domain usenucleus.cloud utilized for online presence. Leadership is held by Evis Drenova as co-founder and CEO. No specific geographic location is indicated, suggesting potential remote or distributed activities. Services encompass various development needs for businesses seeking technical support.
Who are the top competitors of UseNucleus?
UseNucleus's top competitors include RedShelf, Unicorn and Hedgehog lab.
Who are UseNucleus's investors?
UseNucleus has 3 investors. Key investors include Soma Capital, Y Combinator, and Lombardstreet Ventures.