What is Cube RM?
Cube RM offers an enterprise software suite designed to streamline sales processes. Its core offerings include an intuitive Configure, Price, Quote (CPQ) system and advanced price guidance powered by sophisticated machine-learning models. This technology empowers companies to efficiently manage sales quotes, create and evaluate tender proposals, and identify optimal pricing strategies, thereby enhancing sales effectiveness and profitability.
How much funding has Cube RM raised?
Cube RM has raised a total of $9M across 2 funding rounds:
Angel/Seed
$1M
Series A
$8M
Angel/Seed (2018): $1M with participation from Marathon Venture Capital
Series A (2021): $8M led by Marathon Venture Capital and Runa Capital
Key Investors in Cube RM
Marathon Venture Capital
Marathon Venture Capital is a seed-stage fund dedicated to assisting ambitious Greek and European founders in building world-class technology companies. The firm leads seed rounds and provides comprehensive support and expertise to its partner companies.
Runa Capital
Runa Capital is an international venture capital firm that invests in deep tech and software, with a notable focus on Quantum Technologies. They have a history of investing in over 80 companies across Europe and North America.
What's next for Cube RM?
The recent major strategic investment positions Cube RM for accelerated growth and market expansion. With a focus on enterprise-level solutions, the company is likely to leverage this capital to enhance its AI-driven pricing intelligence and CPQ capabilities. Future developments may include deeper integration with existing CRM and ERP systems, further refinement of its machine-learning algorithms for predictive pricing, and scaling its sales and support infrastructure to meet growing enterprise demand. This funding round signals a maturing stage for Cube RM, enabling it to compete more aggressively in the competitive sales technology landscape.
See full Cube RM company page
