Noyo raises $12.5 M Series A to keep developing its medical insurance API organization
Today, Noyo, a start-up that offers APIs that connect gamers in the health insurance area, announced that it has actually closed a $12.5 million Series A round of financing. The new capital comes less than a year after the startup divulged that it had actually raised around $4 million in pre-seed and seed capital, which […] At the time it was clear that Noyo had a laser focus on its part of the healthcare world. Noyo is working in a massive market, namely the U.S. health insurance universe, one that might provide it with area to grow for years to come. The company’s product was born out of aggravation that Noyo co-founders Shannon Goggin and Dennis Lee dealt with while working for Zenefits, an HR tech unicorn that ran into issues with regulators and consumers alike. Noyo’s brand-new financing event was led by Costanoa Ventures and Spark Capital. Noyo has strategies to keep working with, with Goggin informing TechCrunch that her company is currently around 20 individuals, but will be around 30 by the time 2021 kicks off….
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