With fresh backing from Silicon Valley giants, Nuvo is building the future of business commerce—where trust, transparency, and technology drive global trade.
In a world still reliant on emails, faxes, and manual paperwork to move trillions in physical goods, Nuvo has entered the scene with a bold, luxury-tech approach: bring B2B trade into the digital age—seamlessly, socially, and securely. The San Francisco-based startup just closed a $34 million Series A funding round led by Sequoia Capital and Spark Capital, a move that positions it not just as another software vendor, but as a transformational network—one where the value isn’t just in tools, but in the powerful ecosystem they’re creating.
Founded in 2021 by Sid Malladi and Rameez Remsudeen, Nuvo is best described as “LinkedIn for B2B commerce.” But that analogy only scratches the surface. The platform is on a mission to digitize and humanize the way businesses discover, vet, and partner with each other. Whether it’s sourcing lumber, electronic parts, or complex chemicals, Nuvo allows sellers to create dynamic, verified profiles and invite buyers into a shared network—enabling fluid transactions and streamlined relationships across the supply chain. In essence, it’s building a high-trust, low-friction world for trade.
“None of this can happen smoothly when relying on pen-and-paper processes,” says CEO Malladi, a former product manager at Yelp. That friction—especially amid geopolitical and economic volatility—is what Nuvo aims to eliminate. And the timing couldn’t be more aligned with global need. As tariffs shift and trade routes evolve, companies must be agile in connecting with new partners and renegotiating deals. Nuvo’s solution offers exactly that: a digital passport for verified business identity, creditworthiness, licensing, and more—all accessible in real time.
Its platform does more than digitize existing processes—it unlocks new ones. Through Nuvo, companies gain exposure to new suppliers, secure better credit terms, and mitigate fraud, delays, and losses. Buyers can browse trusted sellers with full transparency, while sellers gain access to references, FICO scores, and business histories that once required weeks of back-and-forth to obtain. “As new customers join Nuvo, they bring their buyers and sellers with them,” notes Sequoia’s Bryan Schreier.
“It creates a data platform that keeps getting smarter and more powerful—reminding us of PayPal and Stripe in their early network-building days”
This comparison isn’t a stretch. With over 50,000 businesses projected to join the Nuvo network by the end of Q2, the startup is already proving the strength of its viral, network-led model. And big names are buying in—literally. Current clients include Fender, Great Dane, and Southern Glazer’s Wine & Spirits, spanning core markets like manufacturing, food service, alcohol, and distribution. The potential for vertical expansion—and global scale—is enormous. The team of 42 is already eyeing regions like Mexico, Europe, and Asia-Pacific, alongside the rollout of new features like payments and AI-powered analytics.
But what sets Nuvo apart isn’t just its ambition or its investor pedigree—which also includes Founders Fund, Index Ventures, and Flexport’s Ryan Petersen. It’s the fact that Nuvo doesn’t just want to be a tool. “It’s not a single-player SaaS,” CTO Remsudeen explains.
“It’s a network. It’s the difference between a contact list and a living, breathing platform for relationships”
As luxury lifestyle and innovation increasingly overlap, Nuvo represents a rare intersection: technology that’s utilitarian yet elegant, invisible yet transformative. The future of B2B trade won’t be written in faxes or phone calls. It’ll be built in networks like Nuvo—where every connection is smart, fast, and built for a world that demands more.
