Tech Company Financing Transactions

Suger Funding Round

On 11/16/2023, Suger secured $3.5 million in Seed investment from Craft Ventures, Intel Capital and Y Combinator.

Transaction Overview

Company Name
Announced On
11/16/2023
Transaction Type
Venture Equity
Amount
$3,500,000
Round
Seed
Investors

Craft Ventures (Lead Investor)

Intel Capital (Lead Investor)

Y Combinator

Proceeds Purpose
The company intends to use the funds to expand and refine its product offering to span the entire pipeline from trial phase and opportunity sharing with cloud providers' massive sales network to procurement and post-sales on the marketplace.

Company Information

Company Status
Private & Independent
Industry
SalesTech
Mailing Address
1022 Ocean View Ave
Daly City, CA 94014
USA
Phone
Undisclosed
Email Address
Overview
Developer of management platform designed to manage product listing, offers, contracts, metering, and billing crossing several marketplaces. The company's platform features include maintenance and operation after integration, automatically managing the lifecycle of contracts, including renewal, plan change, and upsell, enabling businesses to accelerate their B2B sales on multi-cloud marketplaces without limits.
Profile
Suger LinkedIn Company Profile
Social Media
Suger Company Twitter Account
Company News
Suger News
Facebook
Suger on Facebook
YouTube
Suger on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Jon Yoo
  Jon Yoo LinkedIn Profile  Jon Yoo Twitter Account  Jon Yoo News  Jon Yoo on Facebook
Chief Technical Officer
Chengjun Yuan
  Chengjun Yuan LinkedIn Profile  Chengjun Yuan Twitter Account  Chengjun Yuan News  Chengjun Yuan on Facebook


 

 

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Prev: 11/16/2023: Superstate venture capital transaction
Next: 11/16/2023: Lynx venture capital transaction

 

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Where The Data Comes From

We do our best to document funding rounds that are announced publicly. VC investment data records reported here are sourced from news reports and company announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.

 


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