Nuvo, founded in 2021 and led by CEO Sid Malladi and CTO Rameez Remsudeen, has built a network-driven B2B trade platform that streamlines customer onboarding, trade-credit risk assessment, and fraud prevention. Businesses create verified profiles once and reuse them across trading partners, while Nuvo's AI handles credit decisioning, real-time business identity verification, FICO score integration, license checks, fraud detection, and ongoing risk monitoring. The platform has more than 50,000 businesses as users and reported 6x year-over-year growth with revenue scaling 4x in 2024. In April 2025 Nuvo raised a $34M Series A from Sequoia Capital and Spark Capital, with Foundation Capital, Human Capital and Susa Ventures plus angels including Gokul Rajaram and Flexport's Ryan Petersen, bringing total funding to $45M.