Noyo Raises $45 Million Series B to Remove Friction From Employee Benefits

May 26, 2022

The pandemic and the rise of remote work have made benefits mission critical to both employees and employers. It’s more clear than ever that modern, frictionless benefits are key to attracting, retaining and maintaining the health of talent in a tight labor market. Noyo has been working to build the infrastructure needed to remove friction from the delivery of employee benefits. It just announced its $45 million Series B financing, which included participation from industry leaders, Workday Ventures and Gusto. With the fresh capital, Noyo will continue to lead the benefits industry transition to faster and less error prone health benefits delivery. We’re thrilled to invest in the company yet again and to support a team that is growing in San Francisco, Raleigh-Durham and elsewhere. Visit their openings here to join them on their mission to eliminate the friction and expense of benefits.