Novo Raises $40.7M Series A To Scale Digital Banking Platform For Small Businesses
Jun 16, 2021•over 4 years ago
Amount Raised
$40.7 Million
Round Type
series a
MiamiDescription
Novo, the powerfully simple small business banking platform, today announced that the company has raised $40.7M in Series A funding. Valar Ventures led the round, with participation from Crosslink Capital, Rainfall Ventures, Red Sea Ventures, and BoxGroup.
Funding Insights
Based on industry dataTech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech