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SaaS startup Nected raised $1.5 million in a seed funding round led by Binny Bansal's Three State Ventures to enhance product usability and scale operations.

Jul 31, 2024about 1 year ago

Amount Raised

$1.5 Million

Round Type

seed

GurugramCrmEnterprise SoftwareSaasSoftware

Investors

Forward Slash CapitalLykke CapitalClimber CapitalRelentless VcEndurance CapitalThree State Ventures

Description

Nected has successfully raised $1.5 million in a seed funding round led by Three State Ventures, with participation from several other investors. The funding will be used to improve product usability and support the company's expansion, particularly internationally.

Company Information

Company

Nected

Location

Gurugram, Haryana, India

About

Nected is a SaaS startup that provides a low-code, no-code platform with pre-built tech components, enabling businesses to swiftly develop complex applications. Founded in 2022, it aims to enhance product usability and integration with various technologies. Nected helps organizations overcome inefficiencies in traditional software development. The platform is currently utilized by over 20 customers across five countries.

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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