# Novo funding rounds and investors

As of 14 Oct 2026, Novo has raised $169.8M across 4 verified rounds on record; latest: $35 million funding round led by GGV Capital, announced 22 Nov 2022.

Novo is the business bank account built for small business owners.

Website: https://www.novo.co  
Headquarters: Miami  
Page: https://fireround.dev/companies/novo.co

## Verified rounds

| Announced | Round | Amount | Lead investors | Other investors | Sources |
| --- | --- | --- | --- | --- | --- |
| 2022-11-22 | Funding round | $35 million | GGV Capital | none named | [refreshmiami.com](https://refreshmiami.com/news/novo-nabs-35m-from-ggv-capital-to-expand-small-business-banking-platform) |
| 2022-01-12 | Series B | $90 million | Stripes | Valar Ventures, Crosslink Capital, Rainfall Capital, BoxGroup | [fintechfutures.com](https://www.fintechfutures.com/baas/us-sme-banking-platform-novo-raises-90m-in-series-b-funding) |
| 2021-06-16 | Series A | $40M | not stated | none named | [bizjournals.com](https://www.bizjournals.com/southflorida/news/2021/06/16/novo-to-scale-miami-presence-after-raising-another.html) |
| 2019-03-29 | Seed | $4.8 million | Crosslink Capital | Red Sea Ventures, RRE Ventures | [crosslinkcapital.com](https://www.crosslinkcapital.com/news/crosslink-capital-betting-big-on-startup-banking-novo-raises-4-8m-seed-round) |

Source: Fireround (https://fireround.dev), an open-source funding feed. Each round is checked against the pages listed with it.