Tech Company Financing Transactions
Novo Funding Round
Novo, based in New York, secured $35 million in funding from GGV Capital.
Transaction Overview
Company Name
Announced On
11/22/2022
Transaction Type
Venture Equity
Amount
$35,000,000
Round
Series B
Investors
Proceeds Purpose
The company intends to use the funds to scale its app partnerships and consolidate its market position.
Company Information
Company Status
Private & Independent
Industry
FinTech
Mailing Address
43 W 23rd St.
New York, NY 10010
USA
New York, NY 10010
USA
Phone
Website
Email Address
Overview
Novo is a banking platform that provides better business deposit accounts to today's companies and is powered by a network of FDIC-insured community banks. Novo is bringing small business banking into the modern age with easy-to-use tools for founders on the go.
Management Team
Title
Name
Email & Social
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