Novo

OverviewSuggest Edit

Novo is a provider of an online business banking platform, which gives customers access to a free business checking account with debit card access, all managed through the mobile app. The Company gives entrepreneurs real-time insights and notifications on the financial health of their small businesses.

TypePrivate
Founded2016
HQNew York, NY, USMap
Websitebanknovo.com

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Latest Updates

Employees (est.) (Sept 2021)99(+7%)
Cybersecurity ratingAMore

Novo Office Locations

Novo has an office in New York
New York, NY, US (HQ)
43 W 23rd St
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Novo Financials and Metrics

Summary Metrics

Founding Date

2016

Novo total Funding

$46.5 m

Novo latest funding size

$40.7 m

Time since last funding

3 months ago

Novo investors

Techstars, Crosslink Capital, BoxGroup, RRE Ventures, Valar Ventures, Silicon Badia, Right Side Capital Management, Red Sea Ventures, Hack VC, Rainfall Ventures, Friends and Family Round, Stanford Law School
Novo's latest funding round in June 2021 was reported to be $40.7 m. In total, Novo has raised $46.5 m
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Novo Cybersecurity Score

Cybersecurity ratingPremium dataset

A

94/100

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Novo Online and Social Media Presence

Novo's Trends

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Novo News and Updates

August 31, 2021

Novo Holdings participates in US$65.7 Million Series C Financing in Singapore-based Regional Telehealth Platform Doctor Anywhere

SINGAPORE, Aug. 31, 2021 /PRNewswire/ -- Novo Holdings A/S ("Novo Holdings" and "NH"), a leading international investor in healthcare and life sciences, today announces that it has participated in the US$65.7 million Series C financing in Doctor Anywhere ("DA", "the Company"), a regional...
August 11, 2021

Novo business banking review: Free business checking account with unlimited transactions and ATM refunds

Table of Contents: Masthead StickySummary List Placement  The Novo Business Account is featured on Insider's list of best free business checking accounts.  The account requires a $50 minimum deposit to open and get all of Novo's features. You can link other bank accounts or deposit checks to manage…
August 10, 2021

Novo hires Citi's Dani Lima as EVP of revenues and strategy

Novo, the powerfully simple small business banking platform, today announced that it has hired Dani Lima as executive vice president (EVP) of revenue and strategy, and Peter Martinez as director of engineering.
August 06, 2021

Novo to Present at Upcoming Webinars

VANCOUVER, British Columbia, Aug. 06, 2021 (GLOBE NEWSWIRE) -- Novo Resources Corp. (“Novo” or the “Company”) (TSX: NVO, NVO.WT & NVO.WT.A) (OTCQX: NSRPF) is pleased to announce that senior management will provide an operational and exploration update from the Nullagine gold project and the Pi…
August 05, 2021

Novo Appoints Michael Spreadborough, Highly Credentialled Executive, as Executive Co-Chairman

Well regarded mining executive to drive next phase of Novo’s growth as premier Pilbara gold explorer and producer Well regarded mining executive to drive next phase of Novo’s growth as premier Pilbara gold explorer and producer
August 04, 2021

Novo Nordisk's net profit increased by 10% in the first six months of 2021

4 August 2021 - Financial report for the period 1 January 2021 to 30 June 2021
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Novo Blogs

September 16, 2021

15 Easy Social Media Marketing Tips for Small Businesses

Considering 72% of adult Americans use some form of social media, it’s hard to ignore the fact that social media marketing is a great opportunity for businesses. Whether you’re looking to build brand awareness, develop relationships with potential customers, or directly sell to them, using social me…
September 15, 2021

Novo Hires Executive Vice President of Engineering and Chief of Staff

MIAMI, September 15, 2021 — Novo, the powerfully simple small business banking platform, today announced that it has hired Micayla Ryan as chief of staff, and Justin Potts as executive vice president of engineering. In total, the company has added 60 full-time staff in 2021, more than doubling its g…
September 14, 2021

Small Business Bookkeeping: The Basics

You probably weren’t thinking about spreadsheets, receipts, and tracking payments when you started your business. However, the reality for any small business is that you won’t have a solid foundation to track your finances or your business’s growth without a functional bookkeeping system in place. W…
September 07, 2021

Sales Strategies for Small Businesses

When it comes to creating a solid foundation for your small business, having the right sales strategies is key. Having the right ones will ensure everyone on your team is aligned on business goals and empower everyone to do their best. Plus, it helps to keep everyone engaged and believe that the bus…
September 02, 2021

A Quick Guide to Help Grow Your Business

When it comes to longevity, it’s important to focus on how to grow and scale your business so that it’s sustainable in the long run. We realize there’s a lot of tasks you can do to grow, so we’ve outlined a quick guide below to help you.  Make a Plan to Grow Your Business Yes, … Continue reading "A…
August 26, 2021

How Can Marketing Funnels Help Your Business?

Maybe you’ve heard of marketing funnels before or wondered how they work. If you’ve ever bought any type of product or service online or signed up for an email newsletter, chances are you’ve been a part of a marketing funnel without even realizing it.  Marketing funnels are a tool used by businesses…
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 Novo Frequently Asked Questions

  • When was Novo founded?

    Novo was founded in 2016.

  • How many employees does Novo have?

    Novo has 99 employees.

  • Who are Novo competitors?

    Competitors of Novo include FamPay, StoreCash and Pej.

  • Where is Novo headquarters?

    Novo headquarters is located at 43 W 23rd St, New York.

  • Where are Novo offices?

    Novo has an office in New York.

  • How many offices does Novo have?

    Novo has 1 office.