Led by Norwest Venture, Noyo has completely succeeded in its Series B round of funding as the company has raised an amount of $ 45M in the Series B round funding. This funding round of Noyo is also a very big development as this funding is supposed to be used for employee management programs and to improve their benefits and administration.
Noyo Series B $45M round of Funding
This leading API platform has announced the closing of the noyo apis 45m norwest partners funding round as they have been satisfied with the results that they have received. There were different companies that joined this round along with Norwest ventures like Gusto, Cap Table Coalition, Homebrew, Core innovation capital, Webb Investment Network, and many others.
The capital that has been generated in this round should be used by the company for the benefit of their employees and to provide them with better administration and benefits.
After the COVID-19 pandemic, it has been very difficult for the employees and the workers and this round of funding has been done to improve the facilities that have been provided to the workers in the company. The founder and CEO of Noyo, Shannon Goggin has clearly stated that every person deserves to feel protected and supported and she wishes to provide all the employees of Noyo with the benefits that will make them feel preserved and protected.
Noyo is a very wonderful example of modern-day data infrastructure that makes it easy for people to access frictionless employee benefits. Noyo has established itself as the first company that uses digital connectivity and the underlying infrastructure to help people and start a new era. People can easily unlock different possibilities and opportunities at any chance and whenever they need the same with the help of Noyo.
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