# Nuvolo funding: rounds and investors

> Nuvolo has raised $22M across 2 rounds since 2017. Investors include ServiceNow, Kaiser Permanente Ventures and New Enterprise Associates.

Source: https://millionrounds.com/company/nuvolo (Millionrounds; every figure on the page links to its filing or article)

United States · [Series B startup](https://millionrounds.com/companies)

# Who invested in *Nuvolo*

2 rounds we have observed, with the 5 investors named in them. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

Enterprise Software Software

Funding summary Updated 26 Oct 2026

**$22M** raised across 2 rounds since 2017, from 2 sources

**$10M** Series A **$12M** Series B

- **Latest round:** Series B, $12M Jul 2019
- **Led by:** Kaiser Permanente Ventures
- **Step-up i:** 1.2×
- **Investors:** 5 (1 led)

See who backed them

## The funding story

Each circle is a round, placed by date and sized by amount. The line above is the running total.

2018 2019

**$10M** Series A

**$12M** Series B

- **First round:** Series A, $10M
- **Biggest round:** $12M
- **Between rounds:** 2.1 years

## The rounds

- **Jul 2019** Series B **$12M** *3 new* *1 returning* [Kaiser Permanente Ventures](https://millionrounds.com/fund/kaiser-permanente-ventures) Lead [New Enterprise Associates](https://millionrounds.com/fund/new-enterprise-associates) [GE Ventures](https://millionrounds.com/fund/ge-ventures) [ServiceNow](https://millionrounds.com/fund/servicenow) Reported by FinSMEs SEC filing: $12M sold, first sale May 2019
- **Jun 2017** Series A **$10M** *2 new* [ServiceNow](https://millionrounds.com/fund/servicenow) GE Ventures/ New Enterprise Associates Reported by FinSMEs SEC filing: $10.0M sold, first sale Jun 2017

## Founders and team

From Nuvolo's own website: 5 on the team.

- **Stephen Zetarski** President
- **Aruna Rajakumar** VP, Product
- **Ethan Smith** VP, Head of Strategy & Operations
- **Lisa Laczynski** VP, Marketing
- **Lindsey Woods** Director, Finance & Accounting

## Who was in which round

The busiest backers across the latest rounds. A filled square is a round they joined; a dark one, a round they led.

**Series A** 2017 **Series B** 2019 [ServiceNow](https://millionrounds.com/fund/servicenow) [Kaiser Permanente Ventures](https://millionrounds.com/fund/kaiser-permanente-ventures) L [New Enterprise Associates](https://millionrounds.com/fund/new-enterprise-associates) [GE Ventures](https://millionrounds.com/fund/ge-ventures) GE Ventures/ New Enterprise Associates

## Everyone who backed them

[ServiceNow](https://millionrounds.com/fund/servicenow) Corporate VC **2** rounds

[Kaiser Permanente Ventures](https://millionrounds.com/fund/kaiser-permanente-ventures) Corporate VC **1** round, led 1

[New Enterprise Associates](https://millionrounds.com/fund/new-enterprise-associates) VC firm **1** round

[GE Ventures](https://millionrounds.com/fund/ge-ventures) Corporate VC **1** round

GE Ventures/ New Enterprise Associates no record of our own yet **1** round

Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=nuvolo).

## Quick answers about Nuvolo

### Who invested in Nuvolo?

Nuvolo's investors include ServiceNow, Kaiser Permanente Ventures, New Enterprise Associates, GE Ventures and GE Ventures/ New Enterprise Associates. Kaiser Permanente Ventures led its latest round.

### How much has Nuvolo raised?

Nuvolo has raised $22M across 2 rounds since 2017.

### When did Nuvolo last raise?

Nuvolo's most recent round was a Series B of $12M in Jul 2019, led by Kaiser Permanente Ventures.

### What was Nuvolo's biggest round?

Its most recent round, $12M in Jul 2019, is also its largest on record.

### Who backed Nuvolo first?

Nuvolo's first round on record, in Jun 2017, was backed by ServiceNow and GE Ventures/ New Enterprise Associates.

### What stage is Nuvolo at?

Nuvolo's latest named round is a Series B, in Jul 2019.

### Where is Nuvolo based?

Nuvolo is based in the United States.

### Who led Nuvolo's rounds?

Kaiser Permanente Ventures led the Series B in 2019.

## Companies like Nuvolo

In the same sector, and raised in the last eighteen months.

[**Albert Invent** $20M · Oct 2026](https://millionrounds.com/company/albert-invent)[**AuxoAI** $21M · Oct 2026](https://millionrounds.com/company/auxoai)[**TruAgents** $3.4M · Oct 2026](https://millionrounds.com/company/truagents)[**Fireworks AI** $1.7B · Oct 2026](https://millionrounds.com/company/fireworks-ai)[**Qualitate** $32M · Oct 2026](https://millionrounds.com/company/qualitate)[**VECKTA** $11M · Oct 2026](https://millionrounds.com/company/veckta)

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