Novo
Powerfully simple financial platform for small businesses.
New York, United States · Founded 2017 · $170.5M raised
- Headquarters
- New York, New York
- Employees
- 51–200
- Founded
- 2017
- Business Model
- B2B
- Website
- novo.co
- Total Funding
- $170.5M
- Last Round
- $35.0M Series BNov 2022
- Rounds
- 4
Totals include recorded grants and other qualifying funding, not just equity. What counts toward funding.
About
Novo is a fintech platform providing free business checking accounts, credit cards, invoicing, bookkeeping, and funding tools for small businesses, freelancers, and entrepreneurs. Banking services are provided by Middlesex Federal Savings (FDIC insured), with Novo operating as the technology and service layer. The platform integrates with top business tools and has served over 250,000 small businesses.
Summary
Novo is an Artificial Intelligence company based in New York, United States, founded in 2017. It has raised $170.5M in total across 4 rounds, most recently a $35.0M Series B round in Nov 2022. Investors include Valar Ventures, Stripes and Victory Park Capital.
Tech & App Stack
6 technologies & apps tracked
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Funding History
Aug 2023
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Funding: Seed through Series B. Amounts, valuations, and investors where available.
Investors
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