1 source
Valuation none read as $720 million pre-money (refreshmiami.com)
Stripes is identified as the lead of Novo’s earlier $90 million Series B, not this round. The article also says Novo has raised upwards of $170 million in equity funding, which is a cumulative total rather than this financing’s total.; not on the page it cites, so not applied: date
Published by hand (refreshmiami.com): "Miami-based small business banking platform Novo on Tuesday announced that it has raised $35 million in a round led by GGV Capital at a pre-money valuation of $720 million": brand backfill hand check: the page states the round (announced)
1 source
The article also reports $135 million in total funding, which is cumulative funding rather than this round's amount.
Published by hand (fintechfutures.com): "US SME banking platform Novo raises $90m in Series B funding": brand backfill hand check: the page states the round (announced)
1 source
The accessible source excerpt provides no investor, valuation, or headquarters details.; not on the page it cites, so not applied: date
Published by hand (bizjournals.com): "Novo, a digital bank for small businesses, raises $40M to scale in Miami": brand backfill refused-round retry: South Florida Business Journal states the $40M Series A
1 source
Crosslink Capital is explicitly described as leading the round; Red Sea Ventures and RRE are named as accompanying investors. The New York dateline does not establish Novo's headquarters.
Published by hand (crosslinkcapital.com): "Novo announced today that it has raised $4.8 million in venture seed financing to make banking easier, more secure and accessible for small businesses by launching no-fee, FDIC-insured digital banking.": brand backfill hand check: the page states the round (announced)
| Round | Amount | Announced | Lead | Buzz |
|---|---|---|---|---|
| Funding round [ HISTORY ]: An earlier round, from the company's own announcement, found while researching the company. Checked like any round, but not new, so it stays out of the daily feed and alerts; a date range shows it. | $35M $170M to date at $720 million pre-money valuation | 2022-11-22 | GGV Capital | No recent discussion |
1 source [ VERIFIED · CORRECTED ] read against 1 source
Valuation none read as $720 million pre-money (refreshmiami.com) Stripes is identified as the lead of Novo’s earlier $90 million Series B, not this round. The article also says Novo has raised upwards of $170 million in equity funding, which is a cumulative total rather than this financing’s total.; not on the page it cites, so not applied: date Published by hand (refreshmiami.com): "Miami-based small business banking platform Novo on Tuesday announced that it has raised $35 million in a round led by GGV Capital at a pre-money valuation of $720 million": brand backfill hand check: the page states the round (announced) | ||||
| Series B Series B funding round [ HISTORY ]: An earlier round, from the company's own announcement, found while researching the company. Checked like any round, but not new, so it stays out of the daily feed and alerts; a date range shows it. | $90M $135M to date at $700 million valuation | 2022-01-12 | Stripes | No recent discussion |
1 source [ VERIFIED ] read against 1 source
The article also reports $135 million in total funding, which is cumulative funding rather than this round's amount. Published by hand (fintechfutures.com): "US SME banking platform Novo raises $90m in Series B funding": brand backfill hand check: the page states the round (announced) [ BUILT WITH ]·[ SEARCH ]found by Firecrawl search·[ SCRAPE ]1 page read: fintechfutures.com·[ JSON ]round read into a schema, with the sentence that states it·[ VERIFY ]confirmedchecked against 1 source·[ BRANDING ]logo and colour from the homepage | ||||
| Series A [ HISTORY ]: An earlier round, from the company's own announcement, found while researching the company. Checked like any round, but not new, so it stays out of the daily feed and alerts; a date range shows it. | $40M | 2021-06-16 | not stated | No recent discussion |
1 source [ VERIFIED · CORRECTED ] read against 1 source
The accessible source excerpt provides no investor, valuation, or headquarters details.; not on the page it cites, so not applied: date Published by hand (bizjournals.com): "Novo, a digital bank for small businesses, raises $40M to scale in Miami": brand backfill refused-round retry: South Florida Business Journal states the $40M Series A [ BUILT WITH ]·[ SEARCH ]found by Firecrawl search·[ SCRAPE ]1 page read: bizjournals.com·[ JSON ]round read into a schema, with the sentence that states it·[ VERIFY ]correctedchecked against 1 source·[ BRANDING ]logo and colour from the homepage | ||||
| Seed [ HISTORY ]: An earlier round, from the company's own announcement, found while researching the company. Checked like any round, but not new, so it stays out of the daily feed and alerts; a date range shows it. | $4.8M | 2019-03-29 | Crosslink Capital | No recent discussion |
1 source [ VERIFIED · CORRECTED ] read against 1 source
Crosslink Capital is explicitly described as leading the round; Red Sea Ventures and RRE are named as accompanying investors. The New York dateline does not establish Novo's headquarters. Published by hand (crosslinkcapital.com): "Novo announced today that it has raised $4.8 million in venture seed financing to make banking easier, more secure and accessible for small businesses by launching no-fee, FDIC-insured digital banking.": brand backfill hand check: the page states the round (announced) [ BUILT WITH ]·[ SEARCH ]found by Firecrawl search·[ SCRAPE ]1 page read: crosslinkcapital.com·[ JSON ]round read into a schema, with the sentence that states it·[ VERIFY ]correctedchecked against 1 source·[ BRANDING ]logo and colour from the homepage | ||||