Indian Entrepreneur@indianentrepreneurNooks, an AI sales startup, says General Catalyst's Customer Value Fund has committed $500 million to its growth. Instead of taking equity, the fund gets a share of the returns its money generates, though CEO Dan Lee declined to share the terms.
The money will fund expansion and new products, and Nooks now serves over 2,000 clients, including Cursor, Notion and HubSpot.
It expects annual recurring revenue to nearly triple by year-end and has now rolled out a platform covering sales work from first outreach to renewal.
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