# Cuddly

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/cuddly

- Industry: Information Services
- Headquarters: Seal Beach, US
- Website: www.cuddly.com
- Total disclosed funding: $4M
- Latest round: Series A (Jul 28, 2020)
- Investors on record: 1

## About

Cuddly, Inc. is a technology company focused on enhancing user engagement through innovative software solutions that promote efficient communication and collaboration across various sectors.Cuddly, Inc. is a technology company based in Seal Beach, US, founded in 2014 by John Hussey, who has a history of entrepreneurial ventures. The company has completed a total of 7 deals, with its most recent deal occurring on July 28, 2020, when it raised USD 4.000 mn in Series A funding led by Lead Edge Capital. The company has raised a total of USD 4.000 mn to date, achieving a current valuation of USD 20.000 mn.Cuddly, Inc. specializes in providing innovative technology solutions designed to enhance user engagement and streamline operational efficiency. Its core product offerings include a suite of software tools and applications that facilitate seamless communication and collaboration for businesses of various sizes. These tools cater to industries such as finance, healthcare, and education, addressing specific challenges like data management, customer relationship management, and remote teamwork. The company serves a diverse client base, including small to medium-sized enterprises and large corporations across North America and Europe, ensuring that its products effectively meet the evolving needs of end-users.Revenue generation for Cuddly, Inc. is primarily derived from a subscription-based model, whereby clients pay an ongoing fee for access to the software platforms and services. Transactions typically occur on an annual or monthly basis, allowing businesses to scale their usage according to their needs. The pricing structure varies based on the level of service and features selected, with higher tiers offering enhanced capabilities and support. Flagship products, recognized for their comprehensive functionality and user-friendly interfaces, significantly contribute to revenue streams. The company also engages in strategic partnerships that further enhance its market presence and client acquisition efforts, thereby solidifying its position within the competitive landscape.Cuddly, Inc. plans to leverage the recent Series A funding of USD 4.000 mn raised on July 28, 2020, to expand its product offerings and enhance its market reach. The company is currently designing new software tools aimed at improving user engagement, with a target release date set for late 2023. Additionally, Cuddly, Inc. is exploring opportunities to enter new markets, specifically targeting regions in Asia and South America by 2024. These initiatives are aimed at broadening the company's influence and client base on a global scale.

## Funding rounds

- Series A, Jul 28, 2020, $4M — Lead Edge Capital

## Investors

- Lead Edge Capital (https://capitalatlas.ai/funds/lead-edge-capital) — Series A