# Skuid

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

- Industry: Software
- Headquarters: Chattanooga, US
- Website: www.skuid.com
- Total disclosed funding: $25M
- Latest round: Series B (Mar 13, 2017)
- Investors on record: 3

## About

Skuid, Inc. is a US-based company that provides a cloud-based low-code platform designed to streamline application development and enhance operational efficiency for organizations across various sectors.Founded in 2013 and headquartered in Chattanooga, US, Skuid, Inc. specializes in low-code application development that allows organizations to build custom applications with ease. The company has received a total funding of USD 25.00 mn through its Series B round led by ICONIQ Capital on December 12, 2023. Ken McElrath serves as the CEO and has a background in leading technology ventures.Skuid offers a comprehensive low-code application development platform that allows businesses to create applications that integrate data from various sources using intuitive drag-and-drop tools. Its core suite of products includes features for automating workflows, managing documents, and streamlining processes like employee onboarding and contract management, catering to clients across government, finance, healthcare, and manufacturing sectors globally.Skuid generates revenue primarily through subscription-based models for its platform, providing clients access to various service tiers tailored to their operational needs. This structure involves direct B2B transactions, where organizations pay for licenses to utilize Skuid’s services, often enhancing subscriptions with additional features as required.In December 2023, Skuid, Inc. was acquired by Nintex USA, Inc. This acquisition aims to enhance the process intelligence and automation solutions available to users. The integration will likely focus on further developing low-code solutions to expand into new geographic markets, leveraging Nintex's existing infrastructure and customer base.

## Funding rounds

- Series B, Mar 13, 2017, $25M — K1 Investment Management, ICONIQ Capital
- Series A, Sep 4, 2014 — K1 Investment Management, Salesforce Ventures

## Investors

- K1 Investment Management (https://capitalatlas.ai/funds/k1-investment-management) — Series A, Series B
- Salesforce Ventures (https://capitalatlas.ai/funds/salesforce-ventures) — Series A
- ICONIQ Capital (https://capitalatlas.ai/funds/iconiq-capital) — Series B