Noyo is an insurtech startup that is building the digital infrastructure to bring health insurance enrollment into the modern era.
Noyo is making modern insurance happen through API-based data exchange.
Noyo was founded in 2017 by Shannon Goggin and Dennis Lee. The commpany is headquartered in San Francisco, CA, with an office in Durham, NC.
Noyo's platform streamlines the digital transformation of the benefits industry, enabling fast, accurate, and secure data exchange through an API-powered data infrastructure.
Noyo's suite of APIs allows insurance and benefits data to flow from point to point or exist embedded in the applications consumers use every day, enabling industry-wide connectivity with network effects.
Noyo has already signed partnership with major insurers and benefits software platforms, including Ameritas, Anthem, Beam, Guardian Life, Humana, Rippling, Unum, and Zenefits.
Noyo is backed by Norwest Venture Partners, Spark Capital, Workday Ventures, Costanoa Ventures,Homebrew, Fika Ventures, Precursor Ventures, Gusto, Core Innovation Capital, Garuda Ventures, Webb Investment Network. and others. The company raised $45M in Series B round on May 19, 2022. This brings Noyo's total funding to $57.5M to date.