Nuvo Secures $45 Million to Enhance B2B Trade Network

Nuvo, a company developing infrastructure to modernize B2B trade, has raised $45 million in funding from leading venture capital firms including Sequoia Capital, Spark Capital, and others, as well as prominent angel investors. The platform allows businesses to exchange verified profiles, giving instant access to trust signals such as verification status, creditworthiness, banking information, and trade history. This streamlines the process of establishing buyer-seller relationships, which traditionally relied on outdated methods like faxes and emails, making partnership activation faster and less risky. Over 50,000 businesses across industries such as building materials, food and beverage, logistics, chemicals, and manufacturing now use Nuvo to manage trade relationships. The new funding will help Nuvo deepen its presence in core markets and expand into new industry verticals. Company leadership sees this as a necessary step for continued growth and resilience in an increasingly interconnected global economy.