NuOrder Raises $8M in Series B Funding

Funding Rounds

▤ Summary

NuOrder, a Los Angeles, CA-based B2B ecommerce platform, raised $8m in Series B funding.In conjunction with the funding, Walter Barandiaran, a managing partner at Argentum, joined NuOrder’s board of directors.The company, which has raised $21.9m in total funding, intends to use the funds for product development and innovation, as well as to scale customer success globally.Led by Heath Wells, Co-Founder and CEO, NuOrder provides sales teams and buyers with a platform to browse products and catalogs, access up-to-the minute sales and inventory data, and place orders from their computer or our mobile app.More than 800 brands and 300,000 retailer buyers are currently using the platform, which has transacted $5 billion in specialty store orders to date across verticals such as fashion & apparel, sports & outdoor, toys & kids and footwear.

$ Funding

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Amount $8.0M Total raised
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Date August 15, 2017 Announcement date
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Investors Cowboy Ventures, The Argentum Group, BoxGroup Lead investors
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Company http://www.nuorder.com Funded company

▥ Classifications

industries
Manufacturing Industry
applications
E-Commerce & Retail

◇ AskAI Classifications

Labels
B2B eCommerce Platform Wholesale Software SaaS

▦ Linked Companies