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Nooks Secures $500 Million Commitment From General Catalyst
Nov 4, 2026
General Catalyst's Customer Value Fund committed $500 million to help Nooks expand sales, marketing and product launches.
Nooks secured a $500 million commitment from General Catalyst's Customer Value Fund to finance sales, marketing and new product launches, Reuters reports.
The fund will receive a share of the returns generated by its capital rather than buy a stake in Nooks, CEO Dan Lee said. The company did not disclose the terms.
Nooks also launched its Revenue Agent Platform, which covers sales tasks from initial contact through customer renewal. The company has more than 2,000 customers, including Cursor, Notion, Replit, Glean and HubSpot, and expects its annual recurring revenue to nearly triple by year end. It reported net revenue retention of 135%.
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2025 Global Business Services Agenda: Gen AI Takes Center Stage
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