Novo provides a digital banking platform for small business owners, entrepreneurs, and freelancers.
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 by Tyler McIntyre and Michael Rangel and is headquartered in Miami, Florida.
Announced Date | Round | Money Raised | Number of Investors | Lead Investors | Post Valuation | |
---|---|---|---|---|---|---|
Nov 22, 2022 | Series B | $35M | 1 | GGV Capital | — | Detail |
Jan 11, 2022 | Series B | $90M | 5 | Stripes | — | Detail |
Jun 16, 2021 | Series A | $40.70M | 6 | Valar Ventures | — | Detail |
Mar 29, 2019 | Seed | $4.80M | 6 | Crosslink Capital | — | Detail |
Mar 20, 2019 | Pre-seed | — | 1 | — | — | Detail |
Investor Name | Lead Investor | Funding Round |
---|---|---|
GGV Capital | Yes | Series B |
Stripes | Yes | Series B |
DCU FinTech Innovation Center | Yes | Non-Equity Assistant |
BoxGroup | — | Series B |
Crosslink Capital | — | Series B |
Rainfall Ventures | — | Series B |
Valar Ventures | — | Series B |
Bossanova Investimentos | — | Series A |
Red Sea Ventures | — | Series A |
Hack VC | — | Seed |