Nanonets secured $29M in a Series B funding led by Accel and existing investors Elevation Capital, Y Combinator, and others.
Mar 12, 2024•over 1 year ago
Amount Raised
$29 Million
Round Type
series b
San FranciscoArtificial IntelligenceInformation TechnologySoftwareInvestors
Y CombinatorElevation CapitalAccel
Description
Nanonets secured a $29 million Series B funding round led by Accel and also involving existing investors Elevation Capital, Y Combinator, and others. This latest funding round brings Nanonets' total funding raised to date to $40 million.
Funding Insights
Based on industry dataVC-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