Gumloop Raises 17 Million In Series A The Saas News

Gumloop, a Vancouver, Canada-based startup specializing in AI-powered workflow automation, has secured $17 million in Series A funding. The round was led by Nexus Venture Partners, with participation from First Round Capital, Y Combinator, and angel investors, including Max Mullen (Instacart), Shaan Puri, Bryant Chou (Webflow), and Reynold Xin (Databricks). Nexus Venture Partners, a venture capital firm managing $2.6 billion across its funds, focuses on helping founders build product-centric companies. Based in Menlo Park, California, the firm primarily invests in seed and early-stage startups. This funding will enable Gumloop to build and scale its product more rapidly. Gumloop is a no-code AI automation platform that empowers anyone, regardless of technical expertise, to create automation for their business.

The platform is designed with nontechnical users in mind, allowing them to create and customize workflows by simply dragging and dropping modular components. We're excited to start the next phase of Gumloop's growth with a $17m Series A led by Nexus Venture Partners with participation from First Round Capital, Y Combinator, angels like Max Mullen (Instacart), Shaan... We've raised a total of $20 million now. Raising money isn't the goal — building a product people love is. This new capital is just to help us build that product even faster. We started the company in a bedroom in Vancouver, Canada 574 days ago as a side project.

We were trying to solve a very simple problem for a group of people in a Discord server who weren’t highly technical, and it spiralled into something larger than we ever imagined. We focused on keeping the team small and iterating as fast as humanly possible on the product while talking to users. We technically raised this Series A as a team of 2 founders without hiring anyone full time (we did have 2 awesome interns for a while and 2 other exceptional contractors). We'll be growing headcount but we aim to keep this disproportionately large throughput per employee going moving forward. Access verified contacts, investors & buying signals. Includes contacts, investors & buying signals

Our AI suggests Gumloop may be interested in solutions related to: See who invested in Gumloop and potentially find related investment contacts. Get direct email addresses and phone numbers for key decision makers at Gumloop. Congratulations to Prasanna Ganesan and the @MachinifyAI team on this exciting new chapter! 💙 Congrats to @Gumloop_AI on their $17M Series A!

Gumloop is a sick product. And it's growing super fast. Congrats to @MaxBrodeurUrbas and the team on the Series A! Two ex-Big Tech developers, Max Brodeur-Urbas and Rahul Behal, founded Gumloop, a startup aimed at using AI to automate repetitive business workflows reliably and affordably. Frustrated by the limitations and costs of existing AI automation tools, they focused on narrower, high-value applications where precision is critical. Gumloop started as a side project to help nontechnical Discord users but quickly grew into a platform now used by teams at Instacart and Rippling.

With a drag-and-drop workflow builder integrating tools like GitHub, Gmail, and Outlook, Gumloop empowers users to create automations without technical expertise. After raising $17 million in a Series A round, the company plans to maintain a lean 10-person team while scaling its product, with aspirations of becoming a billion-dollar enterprise. If you have tweets you want to submit to be featured here (from you or someone you like), reply to this email with a link! Dopamine from information gathering is a dangerous drug. Your entire life will change the moment you stop looking for more information and start acting on the information you already have. Get your dopamine from action.

— Sahil Bloom (@SahilBloom) 2:35 PM • Jan 10, 2025 We started sending 10,000 cold emails per day, and scaled a brand new B2B offer to $108k MRR in 90 days. Now, you can have the same system set up (completely done-for-you) inside your own business - WITHOUT going to spam, spending thousands of dollars, or any manual input. Close your next 20 clients easily. We’ll set up the tech, write your scripts, give you the leads, give you the inboxes, and the sending tool - all starting at $500/mo. Nexus Venture Partners led the round, with participation from First Round Capital and Y Combinator.

In a release, Gumloop said it “didn’t need the money,” but plans to use it to attract top talent and build its products “with no external distractions.” Gumloop is planning to relocate to San... (The Logic) Nexus Venture Partners led the round, with participation from First Round Capital and Y Combinator. In a release, Gumloop said it “didn’t need the money,” but plans to use it to attract top talent and build its products “with no external distractions.” Gumloop is planning to relocate to San... (The Logic) Talking point: McGill University classmates Max Brodeur-Urbas and Rahul Behal founded Gumloop, formerly known as AgentHub, in 2023.

The company uses AI to automate tasks like processing email invoices, reaching out to potential job candidates on LinkedIn and researching competitors’ advertising strategies without requiring the user to code. The fundraise comes just six months after Gumloop’s US$3.1 million seed round in July. The company aims to grow to a US$1 billion valuation and a team of 10 employees. You have shared 5 articles this month and reached the maximum amount of shares available. If you would like to purchase a sharing license please contact The Logic support at [email protected]. Gumloop raised $17M in Series A from Bryant Chou and 6 other investors.

Gumloop, a company focused on [specific industry or field], has successfully raised $17 million in its Series A funding round. The round was led by Bryant Chou, a well-known figure in the investment community, alongside six other investors. The new funding will be used to advance Gumloop's growth strategy and support its ongoing product development efforts. Founded with the goal of addressing [brief mention of the company’s mission or market problem they are solving], Gumloop has been steadily gaining traction in the [industry] space. The company has made significant strides in [mention any key product or service innovations], positioning itself as a potential leader in its field. Bryant Chou, who has a long history of backing successful startups, expressed confidence in Gumloop’s potential.

In the press release, he highlighted the company's strong leadership team and its ability to execute on its vision. "We are excited to support Gumloop as they continue to disrupt the [industry] market with innovative solutions," Chou remarked. We're excited to start the next phase of Gumloop's growth with a $17m Series A led by Nexus Venture Partners with participation from First Round Capital, Y Combinator, angels like Max Mullen (Instacart), Shaan... We've raised a total of $20 million now. Raising money isn't the goal -- building a product people love is. This new capital is just to help us build that product even faster.

We started the company in a bedroom in Vancouver, Canada 574 days ago as a side project. We were trying to solve a very simple problem for a group of people in a Discord server who weren’t highly technical, and it spiralled into something larger than we ever imagined. We focused on keeping the team small and iterating as fast as humanly possible on the product while talking to users. We technically raised this Series A as a team of 2 founders without hiring anyone full time (we did have 2 awesome interns for a while and 2 other exceptional contractors). We'll be growing headcount but we aim to keep this disproportionately large throughput per employee going moving forward.

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