Nuvolo offers Nuvolo Connected Workplace, a SaaS-based Integrated Workplace Management System (IWMS) designed for organizations that demand modern, mobile-first workplace service management. The platform supports facilities and device maintenance, robust regulatory compliance, and operational-technology (OT) cybersecurity for connected non-IT devices. Led by CEO Tom Stanford, the company serves more than 1,550 clients globally across healthcare, life sciences, financial services and the public sector. Nuvolo, based in Paramus, N.J., raised an additional $31M in Series C funding. The company intends to use the funds to expand its workforce and bolster its technology stack as part of an investment and acceleration of its product roadmap over the next two years. Investors in the round include Insight Partners (lead), New Enterprise Associates, Kaiser Permanente Ventures and Revelation Partners. Nuvolo provides cloud-based facilities and Integrated Workplace Management Systems (IWMS) built on ServiceNow to help organizations manage enterprise assets, space, and facilities. Led by CEO Tom Stanford, the company serves customers across technology, financial services, federal and state government, oil and gas, higher education, e-commerce and retail. Nuvolo has a global workforce located throughout the US, Europe and Asia. The company raised $12M in a Series B funding round. It intends to use the funds to continue to expand operations and broaden its business reach. Nuvolo is based in Paramus, N.J. Nuvolo offers a modern, cloud-based enterprise asset management (EAM) platform built on ServiceNow that emphasizes ease of use, security, availability and a mobile-first experience. The product has seen strong adoption in healthcare, life sciences and regulated manufacturing, with broader facilities EAM use across other industries. The company manages more than 5.8 million clinical devices across over 3,125 healthcare providers and supports 3,750 service workers on its platform. Nuvolo positions itself as the world’s largest and fastest-growing clinical asset management platform. The recent financing is intended to accelerate global expansion and substantially increase investments in innovation, sales and customer success. Nuvolo focuses on optimizing operations and cost management for regulated industries. Nuvolo Technologies builds enterprise software on the ServiceNow platform, offering asset management solutions for healthcare, life sciences, manufacturing and facilities. Led by CEO Tom Stanford, the company provides its platform globally as a traditional enterprise cloud solution or as a domain-separated, multi-tenant environment for managed service providers. Nuvolo intends to use the new funding to accelerate product development and to build out a global sales organization. The company is based in New York, NY. The announced financing strengthens its position to expand product capabilities and go-to-market reach. No operating metrics were disclosed in the article.

Total raised

$55M

Funding rounds

4

Latest round

Series C

Latest activity

Mar 2021