Novo is a digital banking platform designed for small business owners, freelancers, and entrepreneurs, offering a range of financial tools including checking accounts with no hidden fees, small business credit cards, and flexible funding options. The platform differentiates itself with AI-powered bookkeeping, automated invoicing, and seamless integrations with popular business tools, making it easier for users to manage their finances efficiently. With over 250,000 small businesses using its services, Novo has established a strong market position by focusing on simplicity and innovation in banking, catering specifically to the needs of small businesses and self-employed individuals.

Accounting & Finance

Software Engineering

People & HR

Legal

Data Science

United States

Miami, FL, USA

New York, NY, USA

Manhattan, New York, NY, USA

North Miami, FL, USA

Novo

At RRE, we are committed to helping founders build category-defining companies in industries ranging from financial services (OnDeck, Avant, Venmo) to 3D printing (Makerbot), and from media (BuzzFeed, Business Insider, TheSkimm) to space and robotics (Jibo, Spaceflight, Spire). We invest primarily in Seed, Series A, and Series B rounds, and we take pride in being active strategic and operational - as well as financial - partners. Our unparalleled network of relationships across multiple industries and countries allows us to help the companies we invest in with strategy, business development, marketing, recruiting, and much more. Simply put, we think of ourselves as being far more than just a source of capital for companies.

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