NBS Technologies, Inc.
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NBS Technologies, Inc. - overview
Established
1974
Location
Minneapolis, MN, US
Primary Industry
Business Support Services
About
NBS Technologies, Inc. is a technology solutions provider that specializes in innovative software applications aimed at enhancing operational efficiency and data management for diverse business sectors. Founded in 1974, NBS Technologies, Inc. operates from its headquarters in Minneapolis, US.
The company has undergone strategic adaptations to better serve its clientele, focusing on integrating technology solutions within existing business frameworks. Joseph Ojielu and Maximiliano Fuenzalida are among the company's founders, with Joseph Ojielu currently serving as the CEO. NBS Technologies, Inc. has raised funding across two distinct rounds, although specific details regarding these rounds are not disclosed.
Additionally, the company recently realized a stake in Condor Systems, Inc. , with financial terms undisclosed. NBS Technologies, Inc. specializes in innovative technology solutions designed to address specific challenges faced by modern enterprises.
Their primary offerings include a suite of software applications that enhance operational efficiency and data management for businesses across various sectors, including retail, healthcare, and finance. These products integrate seamlessly with existing systems to streamline workflows, improve data analytics, and optimize customer engagement processes. Released over the past five years, these solutions have attracted a diverse clientele, ranging from small startups to large multinational corporations, serving markets in North America, Western Europe, and parts of Asia. The company's revenue model is built around a subscription-based framework, allowing clients to access its software solutions through tiered pricing plans that cater to different organizational needs.
Transactions typically occur on a monthly or annual basis, with clients often committing to longer-term contracts for enhanced service levels and support. Key products within their portfolio include flagship software applications tailored to specific industries, providing essential tools for operational success. Strategic partnerships with retail and wholesale distributors further enhance service accessibility, ensuring a steady revenue stream from both direct-to-consumer sales and B2B arrangements. NBS Technologies, Inc.
is actively designing new products aimed at addressing evolving market needs, with plans for a rollout anticipated in the next year. The company is also targeting expansions into emerging markets in Southeast Asia and South America by 2025. The recent funding rounds will be utilized to support these initiatives, particularly in expanding research and development capabilities to innovate product offerings and enhance market penetration.
Primary Industry
Business Support Services
Sub Industries
Office Suppliers, Consumer Electronics, Computer & Office Equipment Distributors, Hardware, Monitoring & Security Software
Website
www.nbstech.com
Verticals
Manufacturing
Total Amount Raised
Subscriber access only
NBS Technologies, Inc. - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| PIPE | Completed | NBS Technologies, Inc. | - | ||||||||
| Unspecified Exit | Completed | NBS Technologies, Inc. | - |
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NBS Technologies, Inc. - employee data


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