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How Much Did nCino Raise? Headquarters, Funding & Key Investors

nCino has raised capital across several growth events including a $51.5M Series D (Jan 30, 2018), an $80M Series E (Sep 30, 2019) and a $926M Post-IPO round (Jan 2022) that fueled large-scale enterprise deployments. The company reports $222M in cumulative pre-IPO equity funding in some datasets while later post-IPO capital materially increased its balance sheet and go-to-market capacity. Founded in 2011, nCino offers a cloud-native bank operating system that modernizes loan life-cycle management, onboarding, compliance and core workflows for banks and financial institutions.

    nCino provides a cloud-based bank operating platform that combines CRM, loan origination, deposit account servicing, collateral and document management, and regulatory/compliance tooling. Its software connects disparate banking systems and automates workflows across retail, commercial and mortgage lending. By enabling straight-through processing and providing analytics, nCino helps banks improve cycle times, reduce operational risk and deliver modern digital customer experiences. Strong integrations with core banking and third-party vendors allow banks to adopt nCino incrementally or as an end-to-end operating layer.

    What Is nCino and What Does It Do?

    nCino, founded in 2011 by Neil Underwood, Nathan Snell, Chip Mahan, Pullen Daniel and Pierre Naudé, is a Wilmington–based (United States) banking-tech company offering an API-enabled cloud bank OS for loans, deposits and compliance. The company employs 1,833 people (as of Jan 31, 2025). nCino’s platform streamlines customer onboarding, credit decisioning, loan servicing and auditability helping banks modernize operations and reduce time-to-decision across commercial and retail lending.

    How Much Funding Has nCino Raised?

    1. Post IPO

    • Amount Raised: $926M
    • Date: January 2022
    • Lead Investors: Public / market-driven financing (post-IPO capital)
    • Motivation: Accelerate enterprise sales and global expansion.

    2. Series E

    • Amount Raised: $80M
    • Date: September 30, 2019
    • Lead Investors: T. Rowe Price, Salesforce Ventures (reported participation)
    • Motivation: Scale platform capabilities and customer success.

    3. Series D

    • Amount Raised: $51.5M
    • Date: January 30, 2018
    • Lead Investors: Salesforce Ventures (reported)
    • Motivation: Product development and go-to-market expansion.

    Total Funding Raised: $222 Million

    Latest Funding Date: January 2022

    Key Investors

    1. T. Rowe Price

    • Details: Global investment management firm with a focus on long-term equity and growth investments.
    • Investment Focus Areas: SaaS, fintech, enterprise tech.
    • Notable Investments: Zoom, Snowflake, Coinbase, Stripe, nCino.

    2. Salesforce Ventures

    • Details: Corporate venture arm of Salesforce, investing in cloud and enterprise software companies.
    • Investment Focus Areas: Cloud computing, CRM, AI, fintech.
    • Notable Investments: Zoom, DocuSign, Snowflake, Guild, nCino.

    3. Insight Partners

    • Details: Leading global investor backing high-growth enterprise software companies.
    • Investment Focus Areas: SaaS, cybersecurity, fintech, data platforms.
    • Notable Investments: Shopify, Wix, Qualtrics, Pluralsight, Monday.com.

    Where Is nCino’s Headquarters?

    nCino is headquartered in Wilmington, United States.

    What’s Next for nCino?

    nCino will likely expand global bank footprint, deepen integrations into mortgage and treasury workflows, and push analytics/AI features to speed credit decisioning and automation.

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