Ninety Raises $35M Led by Blue Cloud Ventures to Develop Tools to Help SMB Leaders Transition to the New Era of Work
PARK CITY, Utah, Nov. 16, 2023 /PRNewswire/ -- Ninety, the leading all-in-one cloud-based platform supporting many of the world's leading Business Operating Systems (BOSs), today announced that the company has raised a $35 million Series B round of funding, led by Blue Cloud Ventures with participation from Catalyst Investors and existing investor Insight Partners.
- Valuing the company at over $200 million, this new round of investment will be used to provide impactful enhancements to what has already become an industry-leading platform.
- "It is incredibly exciting to see a platform unleash the potential of small businesses and entrepreneurs," said Blue Cloud Ventures Principal, Eric Guardiola.
- "The opportunity to join Ninety in reshaping the way work is done — locally, regionally, nationally, or internationally — is extremely compelling for us.
- Fueled by the increased demand for tools that make it easier for teams to successfully work from anywhere, Ninety has experienced over 80% year-over-year growth since the company was launched.