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§ Private Profile · 16 Mica Lane Wellesley, MA 02481
Nuvolo is a technology company.
Nuvolo delivers a comprehensive Integrated Workplace Management System (IWMS), known as the Connected Workplace platform, enabling organizations to optimize facilities, staff, and the complete lifecycle of physical assets. Built on a cloud-based architecture, this platform integrates capabilities such as real estate and portfolio management, space and workplace optimization, capital planning, asset maintenance, and sustainability initiatives through modern mobile and real-time reporting functionalities. The core offering aims to provide a unified system for operational oversight.
The company was established in 2014, recognizing a critical market need for a singular, integrated platform to manage the complexities of modern enterprise workplaces. This foundational insight centered on replacing disparate systems with a cohesive digital solution, allowing for improved operational visibility and efficiency across diverse industrial environments. The focus was on bringing advanced asset management and facilities solutions to a broad range of sectors.
Nuvolo serves a varied client base, including sectors such as healthcare, life sciences, public sector, retail, and education, addressing their specific operational challenges with tailored solutions. The company's overarching vision is to drive digital transformation within organizations by providing the tools necessary to consolidate management processes, maximize asset performance, enhance operational efficiency, and support sustainable practices across their entire physical footprint.
Nuvolo has raised $56.0M across 4 funding rounds.
Nuvolo has raised $56.0M in total across 4 funding rounds.
Nuvolo has raised $56.0M in total across 4 funding rounds.
Nuvolo's investors include Insight Partners, 645 Ventures, Craft Ventures, Flare Capital Partners, Flexcap, Ellie Wheeler, Euan Menzies, Nelson Chu, Kaiser Permanente Ventures, New Enterprise Associates, Revelation Partners, Arthur Ventures.
Nuvolo has raised $56.0M across 4 funding rounds. Most recently, it raised $32.0M Series C in March 2021.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Mar 1, 2021 | $32M Series C | Insight Partners | 645 Ventures, Craft Ventures, Flare Capital Partners, Flexcap, Ellie Wheeler, Euan Menzies, Nelson CHU, Kaiser Permanente Ventures, NEW Enterprise Associates, Revelation Partners | Announced |
| Jul 1, 2019 | $12M Series B | Kaiser Permanente Ventures | Arthur Ventures, F Prime Capital, Alex DE Winter, Mohamad Makhzoumi, Dominic Phillips | Announced |
| Jun 1, 2017 | $10M Series A | GE Ventures | Chetan Puttagunta, Dominic Phillips | Announced |
| Nov 18, 2015 | $2M Seed | — | NEW Enterprise Associates, ServiceNow Ventures | Announced |
# Nuvolo: Connected Workplace Platform Overview
Nuvolo is a cloud-based software company that provides integrated workplace management solutions built on the ServiceNow platform.[1][5] The company develops the Connected Workplace, a unified system that consolidates facilities management, space management, asset management, and real estate operations into a single platform.[1][5]
Nuvolo serves large enterprises across healthcare, life sciences, financial services, retail, government, higher education, and enterprise sectors.[1] The company positions itself as the largest and fastest-growing independent software vendor globally in the integrated workplace management system (IWMS) space, addressing a critical pain point: real estate and facilities represent an enterprise's second-largest area of spend, yet many organizations struggle with outdated or fragmented systems that lack visibility and control.[1][4]
Nuvolo operates at the intersection of two major enterprise trends: digital workplace transformation and operational efficiency optimization. As organizations modernize their real estate and facilities operations—particularly post-COVID—they face pressure to reduce costs while improving employee experience. Legacy IWMS solutions are fragmented and difficult to implement, creating an opening for cloud-native alternatives.
By building on ServiceNow's NOW platform, Nuvolo benefits from the broader enterprise software consolidation trend, where organizations increasingly prefer integrated platforms over point solutions. This positions Nuvolo as a critical extension of ServiceNow's ecosystem, enabling customers to manage workplace operations alongside IT service management and other business functions from a single source of truth.[4][5]
The company's focus on sustainability and energy management also aligns with growing enterprise commitments to ESG goals, adding another dimension to its value proposition beyond cost reduction and operational efficiency.[7]
Nuvolo's strength lies in solving a genuinely painful problem—fragmented workplace data—for large, complex organizations with significant real estate portfolios. The company's tight integration with ServiceNow provides both a competitive moat and a distribution advantage, as ServiceNow customers increasingly seek to consolidate their technology stacks.
Looking ahead, Nuvolo's growth will likely be driven by continued enterprise digital transformation spending, post-pandemic workplace optimization initiatives, and the expanding recognition that workplace data is strategic for real estate decisions. As organizations mature in their cloud adoption and seek to connect more business functions, Nuvolo's platform-of-platforms approach becomes increasingly valuable. The company's ability to demonstrate ROI through reduced real estate costs, improved asset data quality, and operational efficiency will be critical to sustaining momentum in a competitive market.