# Suger

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

- Industry: Software
- Headquarters: Daly City, US
- Website: www.suger.io/
- Total disclosed funding: $18M
- Latest round: Series A (Feb 12, 2025)
- Investors on record: 7

## About

Based in California, US, and founded in 2022 by Jon Yoo (CEO), and Chengjun Yuan, Suger Inc. operates as an internet company that functions as an online enterprise that empowers SaaS businesses to engage in sales across multiple cloud marketplaces, including AWS, Azure, GCP, Red Hat, Snowflake, and Databricks. In November 2023, Suger Inc. raised USD 2.5 million in seed funding co-led by new investors Craft Ventures and Intel Capital. Suger is a company that provides an all-in-one platform for selling and counseling on various cloud marketplaces. The company's platform automates the management of product listings, offers, contracts, metering, and billing for the top five cloud marketplaces. The company's main focus is to simplify the process of selling and counseling on cloud marketplaces, providing businesses with the tools they need to manage listings, pricing, metering, and collaboration effectively. The company generates revenue by providing a pricing plan starting from USD 10,000 per year. Suger plans to use its November 2023 funding to boost and enhance its product offering. In February 2025, Suger Inc. raised USD 15 million in series A funding led by Threshold Ventures, with participation from GSBackers, Celero Ventures, Craft Ventures, Intel Capital, and Y Combinator. The company plans to utilize the January 2025 funding to develop research and development in cloud-based procurement, expand software integrations for business-to-business marketplaces, and improve automation for sales transactions.

## Funding rounds

- Series A, Feb 12, 2025, $15M — Intel Capital, Y Combinator, Craft Ventures, Pioneer Fund, Threshold Ventures, GSBackers, Celero Ventures
- Seed, Nov 16, 2023, $2.5M — Intel Capital, Craft Ventures

## Investors

- Intel Capital (https://capitalatlas.ai/funds/intel-capital) — Seed, Series A
- Craft Ventures (https://capitalatlas.ai/funds/craft-ventures) — Seed, Series A
- Y Combinator (https://capitalatlas.ai/funds/y-combinator) — Series A
- Pioneer Fund (https://capitalatlas.ai/funds/pioneer-fund) — Series A
- Threshold Ventures (https://capitalatlas.ai/funds/threshold-ventures) — Series A
- GSBackers (https://capitalatlas.ai/funds/gsbackers) — Series A
- Celero Ventures (https://capitalatlas.ai/funds/celero-ventures) — Series A