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Noyo Announces $12.5M in Series A Financing and New Partnerships with Ameritas, Humana

Sep 28, 2020almost 5 years ago

Amount Raised

$12 Million

Round Type

series a

San Francisco

Description

 Noyo, the leading API platform for improving the speed and accuracy of health insurance data exchange, today announced that it has closed $12.5M in Series A funding from Costanoa Ventures and Spark Capital, with continued support from early investors including Homebrew, Fika Ventures, Precursor Ventures, Core Innovation Capital, Garuda Ventures and Webb Investment Network. The new funding will extend Noyo's breakthrough technology to support the entire insurance lifecycle from start to finish, with APIs for everything from price quotes through member enrollment.

Company Information

Company

Noyo

Location

San Francisco, California, United States

About

Noyo is building the modern data infrastructure that makes frictionless employee benefits possible. Founded by leaders in benefits, insurance, and API technology, Noyo is the first company transforming the underlying infrastructure of the benefits industry with seamless digital connectivity. With Noyo, crucial benefits data is instantly available anywhere it’s needed, unlocking new possibilities for how benefits are designed and delivered. To learn more about how Noyo’s industry-leading technology is powering the next generation of employee benefits, visit www.noyo.com.

Funding Insights

Based on industry data
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech