Nuvolo raises $31 million for a connected workplace platform built on ServiceNow
Summary
Nuvolo, a cloud-based connected workplace platform that helps businesses optimize their facilities, staff, and assets, has raised $31 million in a series C round of funding led by Insight Partners. The company connects various departments, such as facilities, HR, IT, and real estate, with a single centralized platform for collecting and reporting on data that “eliminates siloed business units,” Nuvolo CEO Tom Stanford told VentureBeat. Nuvolo can also be integrated with many enterprise applications across finance and HR, including Oracle, SAP, Workday, Lawson, and Microsoft Dynamics. While Nuvolo is a different proposition, it’s setting out to achieve a similar goal in terms of harnessing data to help businesses manage their physical spaces and assets more effectively. Nuvolo claims a number of big organizations as clients across health care, life sciences, financial services, and the public sector.
