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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
Social
XFacebook
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
Ranked
Employee Count
100 as on Jul 31, 2026
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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
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Noyo's founders and board of directors

Founder? Claim Profile
The founders of Noyo are Shannon Goggin and Mike Sullivan. Shannon Goggin is the CEO of Noyo.
Here are the details of Noyo's key team members:

Noyo's employee count trend

Noyo has 100 employees as of Jul 26. Here is Noyo's employee count trend over the years:
Employee count trend for Noyo
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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:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Zelros
Zelros
2015, Paris (France), Acquired
AI-based sales and marketing solutions for the insurance industry
$16.5M
61/100
2nd
Logo for GoHealth
GoHealth
2001, Chicago (United States), Public
Platform offering healthcare insurance solutions
$50M
60/100
3rd
Logo for Eazy Digital
Eazy Digital
2022, Bangkok (Thailand), Acquired
Provider of software solutions for insurance intermediaries
$1.85M
60/100
4th
Logo for Get Vymo
Get Vymo
2013, New York (United States), Unfunded
Sales assistant platform offering multiple tools for enterprise field teams
-
-
58/100
5th
Logo for Handl Health
Handl Health
2021, Pittsburgh (United States), Series A
Employer benefits quoting software for healthcare price transparency
$18.3M
56/100
6th
Logo for Simplesurance
Simplesurance
2012, Germany, Acquired
Provider of a platform for accessing insurance and related technology
$78.2M
53/100
7th
Logo for Px
Px
2016, New York City (United States), Series A
SaaS based lead exchange platform for advertisers
$12.5M
52/100
8th
Logo for Herald Logic
Herald Logic
2002, Mumbai (India), Seed
Provider of sales incentive compensation management platform and managed services
$220K
50/100
9th
Logo for Ascenda
Ascenda
2013, Singapore (Singapore), Funding Raised
Provider of world-class rewards infrastructure for financial services companies to accelerate growth
-
50/100
10th
Logo for Finvolv
Finvolv
2006, Bengaluru (India), Series A
Provider of a low-code embedded finance platform for financial services firms
$5.86M
50/100
19th
Logo for Noyo
Noyo
2011, Boston (United States), Series B
Insurance data exchange and benefit administration solutions for employers
$57.5M
45/100
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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 raises $45M for Series B Financingexplode.africa•May 21, 2022•Noyo, Norwest Venture Partners, Gusto, Workday Ventures and 11 others
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FAQs about Noyo

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