Skuid, Inc.
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Skuid, Inc. - overview
Established
2013
Location
Chattanooga, TN, US
Primary Industry
Software
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.
Current Investors
Marlin Equity Partners, K1 Investment Management, Salesforce Ventures
Primary Industry
Software
Sub Industries
Systems Management Software, Content Management Software, Application Integration Software
Website
www.skuid.com
Verticals
Cloud Computing
Company Stage
Mature
Total Amount Raised
Subscriber access only
Skuid, 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) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Add-on, Trade Sale | Completed | Skuid, Inc. | - | ||||||||
| Add-on | Completed | Inflight Corporation | - | ||||||||
| Secondary Buyout | Completed | Skuid, Inc. | - |
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Skuid, Inc. - employee data


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