About Nuvolo Technologies
Nuvolo Technologies is a company based in Paramus (United States) founded in 2013 by Tom Stanford was acquired by Trane Technologies in October 2023. Nuvolo Technologies has raised $56.09 million across 6 funding rounds from investors including ServiceNow, Trane Technologies and Mayo Clinic. The company has 56 employees as of April 07, 2024. Nuvolo Technologies operates in a competitive market with competitors including Accruent, Envoy, Danfoss, Landis+Gyr and MRI Software, among others.
- Headquarter Paramus, United States
- Employees 56 as on 07 Apr, 2024
- Founders Tom Stanford
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Sectors
Business ServicesEnergy & Utilities Real Estate & Construction
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Email
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Phone
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Website
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Social
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- Legal Name Nuvolo Technologies India Private Limited
- Date of Incorporation 21 Jan, 2015
- Jurisdiction Pune City, Maharashtra, India
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Annual Revenue
$1.85 M (USD)-40.58as on Mar 31, 2023
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Net Profit
$108.09 K (USD)-47.92as on Mar 31, 2023
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EBITDA
$214.42 K (USD)-37.7as on Mar 31, 2023
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Total Equity Funding
$56.09 M (USD)
in 6 rounds
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Latest Funding Round
$1 M (USD), Series C
Jun 10, 2021
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Investors
ServiceNow
& 8 more
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Employee Count
56
as on Apr 07, 2024
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Acquired by
Trane Technologies
(Oct 02, 2023)
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People of Nuvolo Technologies
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Funding Insights of Nuvolo Technologies
Nuvolo Technologies has successfully raised a total of $56.09M across 6 strategic funding rounds. The most recent funding activity was a Series C round of $1 million completed in June 2021. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
Investors in Nuvolo Technologies
Nuvolo Technologies has secured backing from 9 investors, including institutional and venture fund investors. Prominent investors backing the company include ServiceNow, Trane Technologies and Mayo Clinic.
| Investor | Description | Founded Year | Domain | Location |
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Investment firm scaling software and technology companies from early to late stages.
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Venture capital investments are offered to startups by NEA.
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Tech and Life Sciences focused corporate VC firm investing in the US
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Investor details for Nuvolo Technologies
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Investments & Acquisitions by Nuvolo Technologies
Investment portfolio details for Nuvolo Technologies
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Financial Statements - Nuvolo Technologies
Detailed financials for Nuvolo Technologies
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Nuvolo Technologies Comparisons
Peer comparison for Nuvolo Technologies
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Competitors of Nuvolo Technologies
Nuvolo Technologies operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Accruent, Envoy, Danfoss, Landis+Gyr and MRI Software, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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SaaS-driven IWMS solutions are provided for construction and facilities management.
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Envoy is recognized for providing workplace management solutions.
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Manufacturer of energy efficiency products
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End-to-end energy management solutions are provided for utilities worldwide.
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Property management software is provided for residential and commercial properties.
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Provider of solutions for energy monitoring for residential building
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Detailed competitors of Nuvolo Technologies
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Latest news on Nuvolo Technologies
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Frequently Asked Questions about Nuvolo Technologies
Nuvolo Technologies was founded in 2013 and raised its 1st funding round 2 years after it was founded.
Nuvolo Technologies is headquartered in Paramus, United States. It is registered at Paramus, New Jersey, United States.
Tom Stanford is the current CEO of Nuvolo Technologies. They have also founded this company.
Nuvolo Technologies is a funded company, having raised a total of $56.09M across 6 funding rounds to date.
As of Apr 07, 2024, the latest employee count at Nuvolo Technologies is 56.
Annual revenue of Nuvolo Technologies is $1.85M as on Mar 31, 2023.
Nuvolo Technologies was founded in 2013 and is headquartered in Paramus, United States. Operations focus on the software sector, where cloud-based platforms are developed for workplace management. Solutions encompass maintenance, space, operations, projects, and sustainability management. These tools are utilized by organizations to handle connected environments across various functions. The domain nuvolo.com supports online access to these services.
Nuvolo Technologies's top competitors include Envoy, Landis+Gyr and Danfoss.
Nuvolo Technologies has 9 investors. Key investors include ServiceNow, Trane Technologies, Mayo Clinic, General Electric, and Lighter Capital.