Noyo - About the company
Noyo is a series B company based in Boston (United States), founded in 2011 by Shannon Goggin and Mike Sullivan. It operates as an Insurance data exchange and benefit administration solutions for employers. Noyo has raised $57.5M in funding from investors like Spark Capital, Costanoa Venture and Norwest. The company has 227 active competitors, including 37 funded and 43 that have exited. Its top competitors include companies like Zelros, GoHealth and Eazy Digital.
Company Details
Insurance data exchange and benefit administration solutions for employers. It offers solutions for data exchange between health insurance platforms and carrier partners. It also enables users to execute, track, and confirm the fulfillment of member transaction requests to carriers.
- Website
- noyo.com
- Registered Address
- San Francisco, California
Key Metrics
Founded Year
2011
Location
Boston, United States
Stage
Series B
Total Funding
$57.5M in 3 rounds
Latest Funding Round
Investors
Ranked
19th among 227 active competitors
Employee Count
100 as on Jul 31, 2026
Legal entities associated with Noyo
Noyo is associated with 3 legal entities given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
NOYO TECHNOLOGIES INC CIN: 824032450 , United States, Active | Dec 31, 1999 | - | 66 (As on Dec 31, 2024) | - |
Noyo Technologies Inc. CIN: 20211464783 , United States, Active | May 18, 2021 | - | - | - |
Noyo Technologies, Inc CIN: 82-4032450 , United States, Active | Nov 14, 2017 | - | 72 (As on Dec 31, 2021) | - |
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Noyo's funding and investors
Noyo has raised a total funding of $57.5M over 3 rounds. Its first funding round was on 2019. Its latest funding round was a Series B round on May 19, 2022 for $*****. 12 investors participated in its latest round. Noyo has 19 institutional investors.
Here is the list of recent funding rounds of Noyo:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
May 19, 2022 | 4472165 | Series B | 2759014 | 9908093 | 6028748 | 6008260 |
Sep 28, 2020 | 9990212 | Series A | 6809557 | 3044470 | 9250894 | |
2019 | 6379 | Seed | 4286 | 3140 | 1120 | 8453 |
View details of Noyo's funding rounds and investors
Noyo's founders and board of directors
Founder? Claim ProfileHere are the details of Noyo's key team members:
- Shannon Goggin: Co-Founder & CEO of Noyo and founder of 1 other company. Contact Info: 1 email address
- Mike Sullivan: Co-Founder of Noyo.
View details of Noyo's Founder profiles and Board Members
Noyo's employee count trend
Noyo has 100 employees as of Jul 26. Here is Noyo's employee count trend over the years:
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Noyo's Competitors and alternates
Top competitors of Noyo include Zelros, GoHealth and Eazy Digital. Here is the list of Top 10 competitors of Noyo, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | AI-based sales and marketing solutions for the insurance industry | $16.5M | 61/100 | ||
2nd | GoHealth 2001, Chicago (United States), Public | Platform offering healthcare insurance solutions | $50M | 60/100 | |
3rd | Eazy Digital 2022, Bangkok (Thailand), Acquired | Provider of software solutions for insurance intermediaries | $1.85M | 60/100 | |
4th | Get Vymo 2013, New York (United States), Unfunded | Sales assistant platform offering multiple tools for enterprise field teams | - | - | 58/100 |
5th | Handl Health 2021, Pittsburgh (United States), Series A | Employer benefits quoting software for healthcare price transparency | $18.3M | 56/100 | |
6th | Simplesurance 2012, Germany, Acquired | Provider of a platform for accessing insurance and related technology | $78.2M | 53/100 | |
7th | Px 2016, New York City (United States), Series A | SaaS based lead exchange platform for advertisers | $12.5M | 52/100 | |
8th | Herald Logic 2002, Mumbai (India), Seed | Provider of sales incentive compensation management platform and managed services | $220K | 50/100 | |
9th | Provider of world-class rewards infrastructure for financial services companies to accelerate growth | - | 50/100 | ||
10th | Provider of a low-code embedded finance platform for financial services firms | $5.86M | 50/100 | ||
19th | Noyo 2011, Boston (United States), Series B | Insurance data exchange and benefit administration solutions for employers | $57.5M | 45/100 |
Looking for more details on Noyo's competitors? Click here to see the top ones
Noyo's Investments and acquisitions
Noyo has made no investments or acquisitions yet.
Reports related to Noyo
Here is the latest report on Noyo's sector:
News related to Noyo
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Noyo Debuts Simpler, Faster Integration Experience for Benefits Software PlatformsRad AI•Jul 13, 2023•Noyo
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The Standard Partners with Noyo to Modernize the Customer ExperienceInsuranceNewsNet•Oct 20, 2022•Noyo, The Standard
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Noyo raises $45M for Series B Financingexplode.africa•May 21, 2022•Noyo, Norwest Venture Partners, Gusto, Workday Ventures and 11 others
•
•
Noyo and Guardian Life Expand Partnership to Broaden Their Network of Connected PlatformsBusiness Wire•Aug 31, 2021•Noyo, Guardian
•
Workforce Junction and Noyo Partner To Enhance Benefits Platform With Premium Carrier ConnectivityBusiness Wire•May 19, 2021•Workforce Junction, Noyo
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Noyo Launches Industry-First Carrier Connectivity Experience with Noyo Sync™Business Wire•Mar 16, 2021•Noyo
•
Noyo and Namely Partner to Power Seamless, Accurate Connections with Leading Insurance CarriersRad AI•Dec 10, 2020•Noyo, Namely
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