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Novo Funding & Investors

Novo is a digital banking platform for small business owners, entrepreneurs, and freelancers. It provides better business deposit accounts to today’s companies and is powered by a network of FDIC-insured community banks. The company was founded in 2018 and is headquartered in Miami, Florida.

https://www.novo.co/

Total Amount Raised: $295,500,000

Novo Funding Rounds

  • Debt Financing

    $125,000,000

    Debt Financing Investors

    Victory Park Capital

  • Series B

    $35,000,000

    Series B Investors

    GGV Capital

  • Series B

    $90,000,000

    Series B Investors

    Stripes
    BoxGroup
    Valar Ventures
    Rainfall
    Crosslink Capital

  • Series A

    $40,700,000

    Series A Investors

    Valar Ventures
    Crosslink Capital
    Rainfall
    BoxGroup
    Red Sea Ventures
    Bossa Nova Investimentos
    Unbound Ventures

  • Seed

    $4,800,000

    Seed Investors

    Crosslink Capital
    RRE Ventures
    Hack VC
    Red Sea Ventures
    Stanford Law School
    Rainfall
    Kevin Milden
Funding info provided by Diffbot.