Nuvolo Raises $31M in Series C Funding


Nuvolo, a Paramus, N.J.-based workplace software company, raised an additional $31M in Series C funding.

The round was led by Insight Partners with participation from New Enterprise Associates, Kaiser Permanente Ventures, and Revelation Partners.

The company intends to use the funds to expand its workforce in addition to bolstering its technology stack as part of an investment and acceleration of its product roadmap over the next two years.

Led by Tom Stanford, CEO, Nuvolo provides Nuvolo Connected Workplace, an SaaS-based Integrated Workplace Management System (IWMS) for organizations that demand modern, mobile-first workplace service management including facilities and device maintenance, robust regulatory compliance in their operations, and a practical operational technology (OT) cyber security capability for connected non-IT devices.

The company serves more than 1,550 clients globally across multiple industries, including healthcare, life sciences, financial services, and the public sector.