AI sales startup Nooks secures $500 million in funding for expansion
The startup will use the non-dilutive capital to expand its AI sales tools and hire across engineering, research, product and go-to-market roles.
- On Wednesday, sales automation startup Nooks secured a $500 million commitment from General Catalyst's Customer Value Fund to accelerate growth and expand its Revenue Agent Platform.
- Pranav Singhvi, partner at General Catalyst, cited Nooks' "highly predictable revenue engine and strong unit economics" as drivers for the investment in the sales automation platform.
- With 135% net revenue retention, Nooks has proven strong performance; the platform serves more than 2,000 companies, including Notion and Glean, helping them source 3x more pipeline than previous tools.
- Dan Lee, co-founder and CEO of Nooks, stated the funding supports "aggressive growth" and new product launches, with the company opening over 100 roles across engineering and product teams.
- Nooks plans to release Node, its goal-oriented AI personal assistant, in early 2027, with early users already reporting up to 80% higher sales productivity and two hours saved daily.
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Nooks Secures $500 Million from General Catalyst and Launches Node, the First AI Personal Assistant for Sales
/PRNewswire/ -- Nooks, the Revenue Agent Platform, today announced $500 million from General Catalyst's Customer Value Fund (CVF). CVF provides non-dilutive...
AI sales startup Nooks secures $500 million in funding for expansion
Nooks Raises $500 Million In Funding
Nooks obtained a $500 million non dilutive growth commitment from General Catalyst’s Customer Value Fund, structured around a share of returns rather than equity, to scale sales, marketing, new products, and enterprise reach for its AI revenue agent platform. Nooks has secured a $500 million commitment from General Catalyst’s Customer Value Fund to accelerate its sales and marketing efforts and expand its AI driven revenue tools. This capital co…
Node, the AI assistant for your sales team, will be available to everyone in early 2027; Nooks, which is growing threefold annually, already has over 2,000 customers.
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