Noyo raises $45M through Series B Funding

Noyo is a San Francisco, CA-based API platform that specialize in worker advantages and has raised $45 million in sequence B of financing.

Norwest Mission Companions led the spherical and was once joined through Workday Ventures, Gusto, Cap Desk Coalition, and present traders Costanoa Ventures, Spark Capital, Homebrew, Operator Collective, Fika Ventures, Precursor Ventures, Garuda Ventures, Core Innovation Capital, in addition to Webb Funding Community. At some stage in the Investment, Ed Yip, spouse at Norwest Mission Companions, shall be a member of Noyo’s Board of Administrators.

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Noyo raises $45M thru Collection B Investment

The corporate plans to make use of the cash to enlarge its choices of goods, determine extra alliances with carriers and advantages instrument firms, and building up its succeed in and affect throughout new markets and verticals.

The corporate is led through Shannon Goggin, CEO and co-founder; Noyo gives a platform for era that facilitates the virtual revolution in the advantages business, offering speedy, correct and safe information change the usage of an API-powered infrastructure for information. The Noyo API suite we could insurance coverage and advantages knowledge be transferred from level to position or built-in into programs that folks use on a daily basis, permitting the business to connect to a community impact.

Noyo has already signed partnerships with one of the most biggest insurance coverage firms and advantages platforms, reminiscent of Ameritas, Anthem, Beam, Father or mother Existence, Humana, Rippling, Unum, and Zenefits.

Additionally Learn: Thrive Global Rakes $80M in Series C Funding

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