Nuvolo, offering a cloud-based Workplace Management app, has been quickly emerging as a leader in the service management space by serving organizations in managing their enterprise assets. Built using the ServiceNow platform, Nuvolo’s app was initially used in the healthcare industry but has since expanded to include customers in tech, financial services, the government sector, high education, and e-commerce.
ServiceNow sets Nuvolo apart from competitors, as IT service management who use the application go beyond IT and into the company’s lines of business. Companies can comprehensively manage their space and facilities using ServiceNow on their mobile device anytime, anywhere.
The Paramus-based company has succeeded in reaching a 420% growth in customers and nearly 310% growth in subscription software revenue from 2017 to 2018. Having recently completed a Series B round of funding, where the company raised $12 million, Nuvolo continues to grow and expand their customer base. In addition to ServiceNow Ventures, key investors included Kaiser Permanente Ventures, GE Ventures and NEA.
“We’ve been tremendously impressed by the value Nuvolo is creating for its customers,” said Sam Brasch, senior managing director, Kaiser Permanente Ventures. “The Nuvolo EAM platform creates significant operating and administrative efficiencies for its customers, which in the healthcare space allows for increased investment and focus on care delivery.”
