Banknovo
8 known investors
Banknovo offers merchant cash advances to small business owners for short-term working capital needs such as equipment, supplies, and operational expenses. The product features quick approval, flexible borrowing amounts, transparent pricing, and a 6-month repayment term.
Investors · 8
Crosslink CapitalSan Francisco · $1M – $9M
MAGIC FundLos Angeles · $50K – $5M
Blumberg Capitalreported · 2 sourcesMiami · $500K – $5M
Gradient Venturesreported · 2 sourcesSan Francisco · $100K – $10M
Rainfall VenturesreportedSan Francisco · $100K – $1M
Red Sea VenturesreportedNew York · $300K – $1M
RRE VenturesreportedNew York · $5M – $15M
Silicon BadiareportedNew York · $250K
Funding
SEC filings, press & company announcements$6M disclosed across 1 round · 2025
- $6MSeed roundOct 2025 · 2 sources
Blumberg Capital (lead), Gradient Ventures (lead)
Source ↗
Source: company announcements and press reports — follow each round's link for the claim.
Competitors · 2
by search overlap
Novo4 shared keywordsNovo offers merchant cash advances to small business owners to manage cash flow gaps. The platform provides quick funding for operational expenses like equipment, vehicles, and inventory without hidden fees.
Zendesk4 shared keywordsThis is Zendesk's internal belonging/diversity and inclusion program page, not a company profile page for an external company. It describes Zendesk's internal culture initiatives and leadership development programs.
Companies competing with Banknovo for the same Google search keywords, organic and paid, via search-intersection analysis.
In the news
Caliber Mining’s ₹450 crore IPO opens today; raises ₹135 crore from anchor investors ahead of issuefortuneindia.com · Jul 2026Frequently asked questions
- What does Banknovo do?
- Banknovo offers merchant cash advances to small business owners for short-term working capital needs such as equipment, supplies, and operational expenses. The product features quick approval, flexible borrowing amounts, transparent pricing, and a 6-month repayment term.
- Who are Banknovo's investors?
- Banknovo's investors include Crosslink Capital, MAGIC Fund, Blumberg Capital, Gradient Ventures, Rainfall Ventures, Red Sea Ventures, RRE Ventures, Silicon Badia.
- How much funding has Banknovo raised?
- Banknovo has disclosed $6M raised across 1 round.