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How Nuvolo CEO Tom Stanford grew Nuvolo to $31.5M revenue and 1.6K customers in 2024.

Developer of an enterprise asset management platform designed to facilitate better management of enterprise assets. The company's software leverages ServiceNow cloud platform to provide EAM for facilities, clinics and labs as well as offer medical devices cyber security, enabling health care providers, life science organizations and pharmaceutical manufacturers to better manage their assets and improve operational efficiency.

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Nuvolo Revenue

In 2024, Nuvolo's revenue reached $31.5M. The company previously reported $20M in 2023. Since its launch in 2013, Nuvolo has shown consistent revenue growth.

Nuvolo Revenue GrowthReported revenue / ARR by year$0$8M$15M$23M$30M$38M2013201520172019202120232024$0$25M$20M$31MSource: GetLatka.com
YearMilestone
2024Nuvolo Hit $31.5m revenue in October 2024
2023Nuvolo Hit $20m revenue in October 2023
2021Nuvolo Hit $25.2m revenue in April 2021
2013Launched with $0 revenue

Nuvolo Valuation, Funding Rounds

Nuvolo has not publicly disclosed its valuation. The company has raised $55.5M in total funding to date.

Nuvolo has raised $55.5M in total funding across 5 rounds, with its most recent round in 2021.

Nuvolo Capital Raised & ValuationCumulative capital raised and post-money valuation by roundCapital raised (cum.)Valuation$0$13M$25M$38M$50M$63M2013201420152016201720182019202020212013 cumulative: $0 • 2013 Founded: $02015 cumulative: $2M • 2013 Founded: $0 • 2015 Funding round: $2M2016 cumulative: $3M • 2013 Founded: $0 • 2015 Funding round: $2M • 2016 Funding round: $500K2017 cumulative: $13M • 2013 Founded: $0 • 2015 Funding round: $2M • 2016 Funding round: $500K • 2017 Funding round: $10M2019 cumulative: $25M • 2013 Founded: $0 • 2015 Funding round: $2M • 2016 Funding round: $500K • 2017 Funding round: $10M • 2019 Funding round: $12M2021 cumulative: $56M • 2013 Founded: $0 • 2015 Funding round: $2M • 2016 Funding round: $500K • 2017 Funding round: $10M • 2019 Funding round: $12M • 2021 Funding round: $31M$56M2013 Founded: $0 valuationSource: GetLatka.com
YearRoundAmountValuation% Sold
2021Funding round$31M--
2019Funding round$12M--
2017Funding round$10M--
2016Funding round$500K--
2015Funding round$2M--

Nuvolo Employees & Team Size

Nuvolo employs approximately 333 people as of 2026, up from 273 in 2023.

Nuvolo has 333 total employees in different roles and functions and 40 sales reps that carry a quota. They have 1.6K customers that rely on the company's solutions.

Nuvolo Team GrowthReported headcount over time0100200300400500201320152017201920212023202400333333Source: GetLatka.com
YearMilestone
2024Reached 333 employees (December 2024)
2024Reached 323 employees (October 2024)
2023Reached 273 employees (October 2023)
2023Reached 264 employees (September 2023)
2023Reached 264 employees (January 2023)
2022Reached 255 employees (October 2022)
2022Reached 277 employees (January 2022)
2021Reached 414 employees (December 2021)
2021Reached 348 employees (August 2021)
2021Reached 300 employees (April 2021)

Founder / CEO

Tom Stanford

Tom Stanford is listed as Founder / CEO at Nuvolo.

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Frequently Asked Questions about Nuvolo

What is Nuvolo's revenue?

Nuvolo generates $31.5M in revenue.

Who founded Nuvolo?

Nuvolo was founded by Tom Stanford.

Who is the CEO of Nuvolo?

The CEO of Nuvolo is Tom Stanford.

How much funding does Nuvolo have?

Nuvolo raised $55.5M.

How many employees does Nuvolo have?

Nuvolo has 333 employees.

Where is Nuvolo headquarters?

Nuvolo is headquartered in Wellesley, Massachusetts, United States.

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Source Attribution

Source: all data was collected from GetLatka company research and founder interviews. Revenue, funding, team, and customer figures are presented as company-reported or GetLatka-estimated metrics where the profile data identifies them that way.

Company data last updated .

Nuvolo Revenue 2024: $31.5M ARR, $55.5M Raised