Nogin Raises $15M In Growth Capital
- Branded Online, Inc. (dba “Nogin“), a Tustin, CA-based commerce as a service company, raised $15m in growth capital
- Horizon Technology Finance Corporation (NASDAQ: HRZN) led the venture loan facility
- Horizon funded $5m of the initial $10m draw, and a private investment vehicle managed by Horizon Technology Finance Management LLC, Horizon’s advisor, funded $5m
- The company delivers commerce as a service to a community of consumer and lifestyle brands in the fashion, consumer packaged goods (CPG), beauty, health, wellness and other retail industries
- The company’s intelligent eCommerce platform features sales optimization, experienced knowledge experts, artificial intelligence-driven marketing, fulfillment, customer service, and research & development
- Customers also leverage the company’s full-spectrum creative design, photography, marketing, logistics, merchant services, and fraud protection services