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Ninety Raises $35M Led By Blue Cloud Ventures To Develop Tools To Help Smb Leaders Transition To The New Era Of Work

Nov 16, 2023about 2 years ago

Amount Raised

$35 Million

AtlantaEnterprise SoftwareSaasSoftware

Investors

Insight PartnersCatalyst InvestorsBlue Cloud Ventures

Description

Ninety, the leading all-in-one cloud-based platform supporting many of the world's leading Business Operating Systems (BOSs), today announced that the company has raised a $35 million Series B round of funding, led by Blue Cloud Ventures with participation from Catalyst Investors and existing investor Insight Partners.

Company Information

Company

Ninety

Location

Atlanta, Georgia, United States

About

Founded in 2016, Ninety is currently helping more than 10,000 companies, and hundreds of thousands of their employees, harness the power of people and teams working as one. Ninety's simple, intuitive, fully integrated and secure suite of company-building tools has become the world's most sophisticated and comprehensive platform supporting business operating systems for SMBs. Ninety's expanding array of tools and features helps people run great meetings; build and monitor insightful scorecards; set, track, and achieve 90-day goals (aka Rocks); build, document, and share their organizational chart, vision, and core processes; and conduct quarterly and annual feedback sessions that are built around the data that's pulled from all the other tools. Ninety's fully integrated platform makes (as its founder loves to share) it easier for the employees of small to mid-size companies to work extraordinarily well together from wherever they are. For more information, visit ninety.io.

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Funding Insights

Based on industry data
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech