Nooks secures $500 million growth commitment from General Catalyst’s Customer Value Fund
The capital will finance expansion as Nooks introduces its revenue-agent platform and Node assistant.
Nooks has secured a $500 million growth-capital commitment from General Catalyst’s Customer Value Fund. The fund finances sales and marketing and receives repayment from the customer value that spending produces.
Nooks will use the commitment to launch products, enter larger enterprise and international markets, and hire. The company also introduced its Revenue Agent Platform and opened early access to Node, an assistant that helps sales representatives manage deals.
Use of funds
Sales and marketing
New products
Enterprise and international expansion
Hiring