What Does Novo Do?

Total employees417
HeadquartersMiami
Founded2016

Novo is a powerfully simple business banking platform designed for today's small businesses, freelancers, and startups. With no hidden fees, no minimum balance requirements, and a human-centric approach to customer service, Novo offers free business checking, invoicing, bill pay, and integrations with popular business tools. Its mission is to provide small businesses with the financial tools they need to save time, manage cash flow, and grow.

Where Is Novo's Headquarters?

HQ Function

The Miami headquarters serves as Novo's central hub for leadership, product strategy and development, engineering, marketing, customer support strategy, and core business operations.

Notable Features:

State-of-the-art office facilities in a prime Miami location, designed with open layouts to encourage collaboration and agile workflows. Amenities focused on employee well-being and productivity.

Work Culture:

Novo fosters a collaborative, innovative, and fast-paced work environment. The culture is mission-driven, focusing on empowering small businesses through accessible financial tools. Emphasis is placed on employee growth, transparency, and a customer-first mindset.

HQ Significance:

As Novo's primary operational base, the Miami HQ is pivotal for its strategic growth in the U.S. fintech market. Its location provides access to a burgeoning tech talent pool and a dynamic business ecosystem.

Values Reflected in HQ: The HQ's design and atmosphere likely reflect Novo's core values of simplicity, transparency, and innovation, creating an environment conducive to developing user-friendly financial solutions.

Location:

Novo primarily serves businesses within the United States. While its direct banking services are U.S.-focused, the company leverages global talent for various functions, including engineering and support, often through remote work arrangements. Its platform is built to empower U.S.-based small businesses, some of which may have international dealings.

Street Address:

80 SW 8th St

City:

Miami

State/Province:

FL

Country:

USA

Where Else Does Novo Operate Around the World?

New York, NY/USA

Address: 48 W 21st St, Floor 6, New York, NY 10010 (Note: verify currency, Miami is primary HQ)

Provides access to specialized talent in the Northeast, supports strategic partnerships, and may have served as a foundational office during the company's initial growth phase.

Buying Intent Signals for Novo

Highperformr Signals uncover buying intent and give you clear insights to target the right accounts at the right time — helping your sales, marketing, and GTM teams close more deals, faster.

Notable news
Hiring actively
Corporate Finance
Corporate Finance
Corporate Finance
Corporate Finance
Corporate Finance
*Example signal, not calculated in real time

Who's Leading Novo? Meet the Executive Team

As of April 2025, Novo' leadership includes:

Michael Rangel - Co-Founder & CEO
Tyler McIntylre - Co-Founder & CTO
Kevin Phillips - Chief Financial Officer
Grant Sahag - Chief Revenue Officer

Who's Investing in Novo?

Novo has been backed by several prominent investors over the years, including:

Valar Ventures
Stripes
Crosslink Capital
Initialized Capital
GGV Capital
BoxGroup
Red Sea Ventures
RRE Ventures

What Leadership Changes Has Novo Seen Recently?

Hire1
Exits0

Novo has strategically strengthened its executive team, notably with key appointments such as a Chief Revenue Officer to drive expansion. No major C-suite departures have been widely publicized in the immediate past 12 months, indicating leadership stability.

New Appointments:

Grant Sahag, Grant Sahag was appointed as Chief Revenue Officer to spearhead Novo's go-to-market strategies and accelerate revenue growth.

What Technology (Tech Stack) Is Used byNovo?

Discover the tools Novo uses. Highperformr reveals the technologies powering your target accounts — helping your sales, marketing, and GTM teams prioritize smarter and close faster.

Novo Email Formats and Examples

Novo likely utilizes common professional email formats for its employees. Based on standard industry practices, the most probable formats would involve combinations of first name, last name, and initials.

[first].[last]@novo.co, [first_initial][last]@novo.co, [first]@novo.co

Format

example: jane.doe@novo.co or jdoe@novo.co

Example

75%

Success rate

What's the Latest News About Novo?

PYMNTS.comMay 22, 2024

Novo Rolls Out Commercial Card With Flexible Underwriting

Novo announced the launch of its new commercial card, designed with flexible underwriting criteria to provide more small and medium-sized businesses (SMBs) with access to corporate credit....more

FinextraMarch 7, 2024

Novo Launches Novo Funding to Provide Small Businesses Access to Working Capital

Novo, the powerfully simple financial platform for small businesses, today announced the launch of Novo Funding, offering small businesses a fast and flexible way to access working capital directly through their Novo account....more

Business WireAugust 2, 2023

Novo Announces Integration with Gusto to Simplify Payroll

Novo announced an integration with Gusto, a leading payroll, benefits, and HR technology platform, enabling small business owners to manage payroll for employees and contractors directly through the Novo platform....more

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