Nooks

Nooks

Virtual collaboration platform for sales teams

About Nooks

Simplify's Rating
Why Nooks is rated
B-
Rated C on Competitive Edge
Rated B on Growth Potential
Rated B on Rating Differentiation

Industries

Data & Analytics

Enterprise Software

Company Size

201-500

Company Stage

Series B

Total Funding

$68.1M

Headquarters

San Francisco, California

Founded

2020

Overview

Nooks.ai offers a virtual collaboration platform tailored for sales development representatives (SDRs) and business development representatives (BDRs). The platform features video conferencing, virtual bullpens, and live call listening, enabling real-time interaction and coaching among team members. Nooks.ai stands out by recreating the energetic environment of a physical sales office, which helps increase connects and meetings. The goal is to enhance sales performance and team dynamics for businesses of all sizes through a subscription-based model.

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Funded Recently
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Simplify's Take

What believers are saying

  • Nooks.ai raised $43M in Series B funding for AI Sales Assistant Platform.
  • The platform's AI tools promise to make sales reps 10x more productive.
  • Nooks.ai is named a Rising Star in Forbes' 2023 Cloud 100 list.

What critics are saying

  • Competition from Zoom and Microsoft Teams expanding into sales enablement.
  • Economic downturns may affect subscription renewals and client acquisitions.
  • Data privacy concerns with AI-driven analytics could deter potential clients.

What makes Nooks unique

  • Nooks.ai replicates the energy of a physical sales office virtually.
  • The platform offers real-time interaction, coaching, and analytics for sales teams.
  • Nooks.ai integrates seamlessly with existing sales tools for enhanced analytics.

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Funding

Total Funding

$68.1M

Above

Industry Average

Funded Over

3 Rounds

Notable Investors:
Series B funding is typically for startups that have proven their business model and need more funding to expand rapidly—often by entering new markets or adding more products. Investors are usually venture capital firms that specialize in later-stage investments.
Series B Funding Comparison
Above Average

Industry standards

$35M
$43M
Nooks
$45M
Linktree
$65M
Substack
$100M
ClickUp

Benefits

Company Equity

Remote Work Options

Growth & Insights and Company News

Headcount

6 month growth

↓ -10%

1 year growth

↓ -19%

2 year growth

↓ -20%
SalesTechStar
Oct 24th, 2024
Nooks announces $43M Series B and launches AI Sales Assistant Platform

Nooks announced the launch of the first AI Sales Assistant Platform (ASAP) with $43 million in Series B funding.

PR Newswire
Apr 24th, 2024
Nooks Raises $22M for AI Sales Tools

Nooks has raised $22M to enhance sales development by automating manual tasks with AI. The platform, designed by CEO Dan Lee, aims to free reps from busywork, allowing them to focus on strategic selling aspects. Nooks features include an AI Dialer for automating calls, AI Research for personalizing scripts, Nooks Numbers for updating contact data, and Call Analytics for performance insights. This innovation promises to make sales reps 10x more productive by leveraging AI tools.

VC News Daily
Apr 24th, 2024
Nooks Bags $15M In Series A

Nooks Bags $15M in Series A Back to HomeSAN FRANCISCO, CA, Nooks, an AI dialing & prospecting platform, announced it has raised $15M in Series A funding led by Lachy Groom.Nooks, an AI dialing & prospecting platform, announced it has raised $15M in Series A funding led by Lachy Groom, with follow-on from Tola Capital, bringing its total funding to $20M.(c) by Massinvestor, Inc. For contact info, please check out our about page

Nooks
Aug 8th, 2023
Nooks named one of 20 rising stars as a part of Forbes' Cloud 100 list

Nooks is named one of the 20 Rising Stars as part of the eighth annual Forbes 2023 Cloud 100 list, the definitive list of the top 100 private cloud companies in the world, published by Forbes in partnership with Bessemer Venture Partners and Salesforce Ventures.

Nooks
Jun 13th, 2023
Nooks Hosts $1000 AI Dialer Competition

Nooks is partnering with The Call Guys to bring together 18 top Sales Development Reps in the B2B tech community to compete for $1000 using the virtual sales floor and AI parallel dialer.

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