NuGen Systems, Inc.

Have updates for this profile? Please contribute data

= Subscriber Access Only

You are viewing a preview of this profile. Request a Preqin Pro demo for full access to all profiles and underlying data.

With Preqin Pro, you gain an unobstructed view of all alternative asset class activity across institutional investors, fund managers, funds, portfolio companies, deals, exits, and service providers.

NuGen Systems, Inc. - overview

Established

2014

Location

Norcross, GA, US

Primary Industry

Energy Storage & Batteries

About

NuGen Systems, Inc. develops advanced software and hardware solutions that optimize business processes, focusing on enhanced data management and operational efficiency for industries such as healthcare, finance, and manufacturing. Founded in 2014 by Venus Desai, NuGen Systems, Inc. is based in Norcross, US.


The company specializes in offering analytics solutions, having successfully completed one deal as of August 13, 2018. Venus Desai has a history of founding other ventures, reflecting her entrepreneurial expertise. NuGen Systems specializes in developing advanced software and hardware solutions aimed at optimizing various business processes across industries. Their core offerings include a proprietary analytics platform designed to streamline data management and enhance operational efficiency for clients in sectors such as healthcare, finance, and manufacturing.


Released to the market in 2021, this platform enables organizations to leverage big data for informed decision-making, ultimately driving productivity and cost savings. NuGen's client base comprises mid to large-scale enterprises primarily located in North America and Europe, where they address unique challenges associated with data integration and analysis. By focusing on user-centric design, NuGen Systems ensures that their products cater to the specific needs of end users, facilitating improved performance and strategic insights. NuGen Systems generates revenue through a subscription-based model for its flagship analytics platform, allowing clients to access ongoing updates, support, and additional features.


The typical transaction structure involves clients opting for annual subscriptions that grant access to the platform, with tiered pricing based on user count and the extent of features utilized. This structured engagement fosters long-term partnerships and recurring revenue streams, as clients benefit from continuous enhancements and support. Additionally, NuGen Systems collaborates with various technology partners to offer bundled services that enhance their product's value proposition, contributing to a diversified revenue portfolio. In 2018, NuGen Systems, Inc.


raised an undisclosed amount of venture funding from Tech Square Ventures, which will be utilized to support their strategic initiatives. NuGen plans to enhance their analytics platform with new features, anticipating a significant product update in 2023. They also aim to expand their market presence into regions such as Asia and South America, with targeted entry by 2024.


Current Investors

Tech Square Ventures

Primary Industry

Energy Storage & Batteries

Sub Industries

Energy Storage & Batteries

Website

www.nugensystems.net

Verticals

Electric & Hybrid Vehicles

Company Stage

Early Stage

Total Amount Raised

Subscriber access only

NuGen Systems, Inc. - employee data

Blurred Background

Want to see Employee Count?

Request a demo for full access to this profile.

Time to go Pro

Get Preqin Pro for unrestricted access to 600,000+ detailed profiles on fund managers, investors, funds, companies, and other alternative asset players. Unlock exclusive data on future plans, company financials, fundraising history, track records, and more.