?? We’re thrilled to announce our latest investment in NetNow Inc.,
NetNow is a trailblazing credit management platform revolutionizing the building materials industry. NetNow has raised $1.8M in its pre-seed round, led by Ripple Ventures, with contributions from Centre Street Partners, Antler, Motivate Venture Capital, and Day One Ventures!
??? Why NetNow? Credit and collections processes have long been stuck in the past—burdened by manual paperwork and outdated systems. NetNow is changing the game with automation, AI, and unparalleled customization designed by credit managers, for credit managers.
Key industries like lumber, steel, HVAC, and electrical supply are finally getting the modern, flexible tools they need to streamline credit approvals, reduce risk, and unlock faster sales.
?? What sets NetNow apart:
- AI-powered insights for better credit decisions
- 11x ROI for customers through automation
- 70% faster customer onboarding
- Seamless collaboration between sales and credit teams
This funding will accelerate NetNow’s mission to promote digital-first credit management, reduce manual work, and unlock new revenue opportunities for wholesalers and distributors.
Congrats Nauman Hafeez / Eli Costea / Soroush Arghavan
Check out more about NetNow here: www.netnow.io
?? We’re excited to announce that NetNow has raised $1.8MM in funding! A huge thank you to our incredible investors Ripple Ventures, Centre Street Partners, Motivate Venture Capital, Antler and Day One Ventures for believing in our vision. And a special shoutout to Ryan Lawler from Axios for covering our story (link in comments).
This funding will allow us to continue building innovative AI-driven solutions that simplify trade credit management for wholesalers and distributors.
Most importantly, we want to thank our amazing customers for believing in us and helping shape our platform into what it is today. Your feedback and support have been invaluable.
We’re beyond excited to keep building products that serve the credit community and transform how businesses manage trade credit! ??
#Funding #B2B #Fintech #CreditManagement #SaaS #Innovation #AI
Matt Cohen Dominic Lau Abie J. Cohen Jonathan Kerstein Lauren DeLuca Courtney Trunk David Wieland Naman Budhdeo Bernie Li Masha Bucher Drake Rehfeld Nazuk Thakkar Shambhavi Mishra Katie Ko Jackson Bubala Jenny Chao Tobi Agbola (MACS) Jhon Florez Noah Kroon Bhupendra Washishtha
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Co-founder & CEO at NetNow
2 个月https://www.axios.com/pro/fintech-deals/2024/09/06/trade-credit-netnow-seed