Nue, a San Francisco, CA-based provider of a revenue lifecycle platform, raised $20M in Series A funding.
The round was led by Inovia Capital with participation from Information Venture Partners, Bluefish Capital, NextWorld Capital, NJP Ventures, and Operator Stack Fund.
The company intends to use the funds to expand operations and its development efforts.
Led by CEO Mark Walker, Nue is a provider of an omni-channel revenue lifecycle platform for businesses looking to innovate and manage their revenue lifecycles end-to-end. With Nue, businesses can:
- Deploy hybrid revenue models, such as subscriptions, usage-based consumption, and omni-channel buying experiences, and seamlessly update monetization strategies
- Streamline operations with real-time usage rating and billing, automated invoicing, and enterprise-ready features such as billing account hierarchies that improve efficiency and accuracy.
- Gain end-to-end financial visibility into customer lifetime value, enabling more accurate forecasting, data-driven decision making and predictable revenue growth
- Smoothly transition from Salesforce CPQ to a Salesforce-based system that is simpler and less expensive to implement, use and maintain.
