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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
- 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
- nCino to Participate in Upcoming Investor Event • GlobeNewswire Inc. • 02/20/2024 12:30:00 PM
- nCino Announces Timing of its Fourth Quarter and Fiscal Year 2024 Financial Results Conference Call • GlobeNewswire Inc. • 02/13/2024 12:30:00 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 02/08/2024 09:07:15 PM
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 02/06/2024 09:39:40 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 02/06/2024 09:06:40 PM
- Mechanics & Farmers Bank Using nCino’s Cloud Banking Platform to Effectively Deliver on its Mission to Empower Diverse Communities • GlobeNewswire Inc. • 02/06/2024 12:30:00 PM
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 02/05/2024 09:26:49 PM
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 02/02/2024 08:29:21 PM
- The Bank of Bennington Expands Partnership with nCino to Include Consumer Lending • GlobeNewswire Inc. • 01/25/2024 12:30:00 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 01/18/2024 09:04:01 PM
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 01/16/2024 05:39:47 PM
Avant Technologies Equipping AI-Managed Data Center with High Performance Computing Systems • AVAI • May 10, 2024 8:00 AM
VAYK Discloses Strategic Conversation on Potential Acquisition of $4 Million Home Service Business • VAYK • May 9, 2024 9:00 AM
Bantec's Howco Awarded $4.19 Million Dollar U.S. Department of Defense Contract • BANT • May 8, 2024 10:00 AM
Element79 Gold Corp Successfully Closes Maverick Springs Option Agreement • ELEM • May 8, 2024 9:05 AM
Kona Gold Beverages, Inc. Achieves April Revenues Exceeding $586,000 • KGKG • May 8, 2024 8:30 AM
Epazz plans to spin off Galaxy Batteries Inc. • EPAZ • May 8, 2024 7:05 AM