NachoNacho Analysis: $3M Raised
What is NachoNacho?
NachoNacho is a B2B SaaS and AI services marketplace that leverages Fintech and AI technologies. Their unique approach combines a powerful recommendation engine with a centralized management system for SaaS payments. This enables businesses to discover relevant products and save significantly on software expenses, enhancing operational efficiency.
Employees
11-50
Founded
2019
Industry
SaaS, FinTech, Marketplace
Latest Funding Round Size
Seed
Parent Company Website
Public Company Status
Private
Recent Venture Round Amount
$3,000,000
Product Features & Capabilities
- AI-powered SaaS discovery and management platform
- Virtual credit card system for vendor payments
- Proprietary recommendation engine for software products
- Marketplace for B2B service providers
- Discounts of up to 30% on SaaS products.
Use Cases
Manage SaaS subscriptions with virtual credit cards; Discover relevant SaaS products using AI recommendations; Save on software expenses through negotiated discounts; Hire vetted service providers for business needs; Streamline payment processes for multiple vendors.
How much NachoNacho raised
Seed - $3 million
February 2, 2022Lead Investor: AltaIR Capital, Moving Capital, PMC-SXSW, S16VC, and various other high-profile investors
Other Considerations
Total savings of $5,268,600 available annually; Trusted by tens of thousands of businesses; Offers a marketplace for both software and service providers.