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Wednesday, July 15, 2020 3:55:24 PM
nCino was originally founded as a majority-owned subsidiary of Live Oak Bancshares, a bank holding company.[19][20][14] In 2013, nCino raised $9 million in investment funding from a group of investors that included former Morgan Stanley Chairman and CEO John Mack, Promontory Financial Group CEO Eugene Ludwig, and Live Oak Bank Chairman and CEO Chip Mahan.[21] In 2014, nCino received its Series A investment, a $10 million round, from Wellington Management Company LLP, after it experienced a 206% growth in revenue.[22] In February 2015, nCino secured an additional $29 million in a Series B Financing, led by Insight Venture Partners.[23][24] In 2018, nCino received a $51 million Series C round of venture funding led by Salesforce Ventures, the corporate investment group of Salesforce.[25][26] In October 2019, nCino closed its Series D round of funding, a raise of $80 million, led by T. Rowe Price Associates, Inc. Existing investor, Salesforce Ventures, also participated in the Series D round.[27] nCino has been a Salesforce partner since its founding in 2012.[28]
On June 22, 2020 nCino announced that it had filed a Form S-1 with the Securities and Exchange Commission, relating to a proposed initial public offering of its stock.[29] The S-1 filing noted that nCino's revenue in fiscal year 2020 was $138 million, up from $91.5 million in fiscal year 2019.[30]
Recent NCNO News
- nCino Deploying Banking Advisor, a Generative AI Solution to Drive New Efficiencies in Financial Institutions • GlobeNewswire Inc. • 06/17/2024 11:30:00 AM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 06/13/2024 08:06:59 PM
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 06/11/2024 07:40:39 PM
- nCino to Participate in Upcoming Investor Event • GlobeNewswire Inc. • 05/30/2024 08:05:00 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 05/29/2024 09:15:08 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 05/29/2024 08:06:26 PM
- nCino Reports First Quarter Fiscal Year 2025 Financial Results • GlobeNewswire Inc. • 05/29/2024 08:05:00 PM
- Form DEFA14A - Additional definitive proxy soliciting materials and Rule 14(a)(12) material • Edgar (US Regulatory) • 05/23/2024 09:08:01 PM
- Form DEFR14A - Revised definitive proxy soliciting materials • Edgar (US Regulatory) • 05/23/2024 09:05:49 PM
- M&T Bank Expands Use of nCino with Adoption of Continuous Credit Monitoring Solution Powered by Rich Data Co’s Explainable AI Platform • GlobeNewswire Inc. • 05/15/2024 11:30:00 AM
- nCino Announces Timing of its First Quarter Fiscal Year 2025 Financial Results Conference Call • GlobeNewswire Inc. • 05/14/2024 11:30:00 AM
- Form ARS - Annual Report to Security Holders • Edgar (US Regulatory) • 05/10/2024 08:09:01 PM
- Form DEFA14A - Additional definitive proxy soliciting materials and Rule 14(a)(12) material • Edgar (US Regulatory) • 05/10/2024 08:05:28 PM
- Form DEF 14A - Other definitive proxy statements • Edgar (US Regulatory) • 05/10/2024 08:01:48 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 05/06/2024 09:34:19 PM
- Libro Credit Union Selects nCino to Empower Employees and Positively Impact Ontario Community • GlobeNewswire Inc. • 04/30/2024 11:30:00 AM
- Together Selects nCino to Revolutionise its Lending Business • GlobeNewswire Inc. • 04/23/2024 06:30:00 AM
- nCino Unveils Latest Enhancements to its Consumer Banking Solution • GlobeNewswire Inc. • 04/01/2024 12:45:00 PM
- GameStop Shares Tumble 20% in Pre-Market Trading Amid Revenue Decline, Direct Digital Plummets 42%, and More News • IH Market News • 03/27/2024 10:54:47 AM
- nCino Reports Fourth Quarter and Fiscal Year 2024 Financial Results • GlobeNewswire Inc. • 03/26/2024 08:05:00 PM
- U.S. Index Futures on the Rise, Oil Prices Show Stability • IH Market News • 03/26/2024 11:21:42 AM
- nCino’s Single Platform Selected by Desjardins to Automate Loan Origination Process Through Machine Learning • GlobeNewswire Inc. • 03/21/2024 11:30:00 AM
- FirstBank Puerto Rico Selects nCino to Transform Commercial Lending Services • GlobeNewswire Inc. • 03/20/2024 11:30:00 AM
- nCino to Acquire DocFox • GlobeNewswire Inc. • 03/18/2024 11:30:00 AM
- The Saikyo Bank Partners with nCino to Enhance Operational Efficiency and Customer-Centric Services • GlobeNewswire Inc. • 02/28/2024 11:00:00 PM
FEATURED Freedom Holdings Corporate Update; Announces Management Has Signed Letter of Intent • Jul 3, 2024 9:00 AM
EWRC's 21 Moves Gaming Studios Moves to SONY Pictures Studios and Green Lights Development of a Third Upcoming Game • EWRC • Jul 2, 2024 8:00 AM
BNCM and DELEX Healthcare Group Announce Strategic Merger to Drive Expansion and Growth • BNCM • Jul 2, 2024 7:19 AM
NUBURU Announces Upcoming TV Interview Featuring CEO Brian Knaley on Fox Business, Bloomberg TV, and Newsmax TV as Sponsored Programming • BURU • Jul 1, 2024 1:57 PM
Mass Megawatts Announces $220,500 Debt Cancellation Agreement to Improve Financing and Sales of a New Product to be Announced on July 11 • MMMW • Jun 28, 2024 7:30 AM
VAYK Exited Caribbean Investments for $320,000 Profit • VAYK • Jun 27, 2024 9:00 AM