Nuvo Raises $34M to Transform B2B Trade with Sequoia, Spark

Nuvo Raises $34M to Transform B2B Trade with Sequoia, Spark

Nuvo Raises $34M to Revolutionize B2B Trade with Sequoia and Spark Capital Businesses searching for the best B2B platforms to streamline purchasing, verify trade partners, and reduce fraud now have a promising new solution: Nuvo . The San Francisco-based startup, often called a "LinkedIn for B2B commerce," has just raised a $34 million Series A round led by Sequoia Capital and Spark Capital . By modernizing the outdated world of business-to-business (B2B) transactions — which still heavily relies on faxes, phone calls, and emails — Nuvo offers a secure, digital platform for businesses to connect, verify, and trade with greater confidence and speed.                    Image Credits:Nuvo What Is Nuvo and How Is It Changing B2B Trade? Founded in 2021 by Sid Malladi and Rameez Remsudeen , Nuvo was built to bridge the massive $11 trillion B2B purchasing market in the U.S. Businesses dealing in physical goods like lumber, chemicals, or electronics often face bottlenecks due to traditiona…