Suger, a San Francisco, CA-based API-driven platform that helps software companies transact on cloud marketplaces, has raised $15 million in Series A funding.
Investors
The round was led by Threshold Ventures, with continued support from Craft Ventures, Intel Capital, and Y Combinator.
Threshold Ventures is a venture capital firm that invests in early-stage companies, primarily at the Series A and B stages. They focus on software and software-enabled businesses in the healthcare and enterprise sectors.
Use of Funds
With this funding, Suger plans to invest heavily in R&D to build a unified, cloud-forward procurement ecosystem.
About Suger
Founded in 2022, Suger provides an API-driven platform that helps software companies manage and scale their cloud marketplace listings. Its AI-powered platform automates the quote-to-cash process, streamlining fulfillment for self-serve products. Its unified APIs integrate with a company’s billing, CRM, and other existing tools. Suger serves 200+ customers, including Snowflake, Intel, Fivetran, DBT Labs, Notion, and ContentSquare.
Funding Details
Company: Suger Inc.
Raised: $15.0M
Round: Series A
Funding Date: February 2025
Lead Investor: Threshold Ventures
Additional Investors: Craft Ventures, Intel Capital, Y Combinator
Company Website: https://www.suger.io/
Software Category: Cloud Marketplace Management
Source: https://www.businesswire.com/news/home/20250212033346/en/