Noyo provides a platform for managing and exchanging employee benefits data. The platform synchronizes important benefits information, making it readily available for businesses in the benefits and insurance sectors. This synchronization allows companies to design and deliver benefits more effectively, improving the experience for both employers and employees. Noyo's services include advanced tools and automation that help streamline operations, and it operates on a business-to-business model, generating revenue through subscriptions and service fees. The goal of Noyo is to empower businesses to create more efficient benefits programs by offering seamless integration of benefits data.

Costanoa Ventures

Garuda Ventures

Spark Capital

Webb Investment Network

Core Innovation Capital

Homebrew

Precursor Ventures

Norwest Venture Partners

Gusto

Workday Ventures

Cap Table Coalition

Fika Ventures

Operator Collective

Enterprise Software

Financial Services

Noyo

SAN FRANCISCO, Feb. 13, 2024 /PRNewswire/ -- Noyo, a pioneering force in benefits data management and the first-to-market with an API solution for enrollment and eligibility, is proud to announce the appointment of three leaders within the organization. These appointments bolster Noyo's leadership team and position the company for continued growth in the dynamic landscape of benefits technology.Elaina O'Mahoney Takes the Helm as Chief Product Officer (CPO)Noyo is pleased to announce the promotion of Elaina O'Mahoney to the role of Chief Product Officer. Formerly the Vice President of Product, Elaina has played an instrumental role in shaping Noyo's product strategy and driving innovation in benefits data management. In her new capacity as CPO, Elaina will lead the charge in steering Noyo's product vision, ensuring alignment with market demands, and spearheading initiatives that push the boundaries of modern benefits technology. With more than a decade of experience building cutting-edge HR software, Elaina is uniquely suited to shape the future of benefits."It's both thrilling and a great honor for me to step into the Chief Product Officer role at Noyo," O'Mahoney stated

Noyo Strengthens Leadership Team With Key Appointments

Noyo Delivers Trends and Predictions; Recaps Key Wins in 2023 Including New Features Launched; Carrier Insights from 2023 Convening Event; ITC and Workday Rising Participation and MoreSAN FRANCISCO, Jan. 23, 2024 /PRNewswire/ -- This year, more insurance carriers will improve their operations through automation including the adoption of API-enabled technology, according to Noyo, the leader in benefits data management.API technology is gaining strong momentum among carriers, displacing decades-old legacy Electronic Data Interchange (EDI), email and fax-based systems throughout the industry.Why? Because carrier leaders are seeing the significant paybacks of API-enabled benefits data exchange and management, which drives accurate data and thus enhanced member experiences, eases manual workload burden for carriers, benefits administrators, brokers and employers, as well as drives innovation toward modern, frictionless benefits."Having the right benefits and being able to easily understand and access them are key to people's health and well-being. And trusted data that can be seamlessly transmitted and verified is essential to a good member experience," said Shannon Goggin, co-founder and CEO of Noyo. "In 2023, the insurance industry made real progress in tech upgrades designed to support how people engage with their benefits, and we expect that to continue in 2024 – especially the significant adoption of API-enabled technology."In addition to the accelerated deployment of API tech, Goggin cited these 2024 predictions and trends for the benefits industry:Customization of benefits. Employers are getting more creative in the benefits they offer so they can better attract and retain employees in a highly competitive market. These include pet insurance, elder care and fertility treatments, among others

2024 Dubbed "The Year Of Benefits Automation" For The Insurance Industry With Api Technology Adoption Taking Center Stage

Noyo is building modern data infrastructure for the entire group benefits industry, eliminating costs and complexity, while powering new possibilities.LAS VEGAS, Oct. 30, 2023 /PRNewswire/ -- Noyo, the leader in benefits data management, will showcase its complete enrollment solution at InsurTech Connect (ITC) held this week, Oct. 31 - Nov. 2, here in Las Vegas. At "the world's largest gathering of insurance innovation," Noyo will feature its powerful technology suite and advanced capabilities that enable the employee benefits industry to move away from EDI files, portals, paper, and manual data entry toward seamless automation and near real-time visibility.Noyo, the leader in benefits data management, will showcase its complete enrollment solution at InsurTech Connect (ITC) held this week in Vegas. Noyo will feature its powerful technology suite and advanced capabilities that enable the employee benefits industry to move away from EDI files, portals, paper, and manual data entry toward seamless automation and near real-time visibility that make it easy for ben-admins to enroll members with virtually any carrier faster and more reliably."Noyo's complete enrollment solution is an easy-to-deploy, giant leap forward for the HR and ben-admin software companies that are focused on delivering modern benefits experiences to their users," said Shannon Goggin, CEO and co-founder of Noyo

Noyo Showcases Its Complete Enrollment Technology Solution At Insurtech Connect In Vegas

New User Interface Replaces Existing Dashboard with Feature-Rich Functionality and No-Code Workflows for Managing Enrollments Through NoyoSAN FRANCISCO, Sept. 20, 2023 /PRNewswire/ -- Noyo, the leader in benefits data management, today launched the Command Center, a first-of-its-kind interface that gives HR and ben-admin software platforms full visibility and control of their enrollment data, all in one easy to navigate place. Typically, this data is trapped in siloed EDI files, spreadsheets, email chains, and black box insurance systems that make it difficult to access key information about an employee or group's insurance coverage.With the Command Center, ben-admin operations teams have a single source of truth for enrollment in one, central place, making it faster and easier to respond to customer inquiries; proactively identify and resolve data discrepancies; and manage technical processes without relying on engineers. Unlike other solutions that provide a limited view of enrollment data, the Command Center offers ben-admins a complete picture of every group, employee, and their coverages — including real-time enrollment statuses and member change histories.Whether ben-admins are looking to improve existing operations tools or need a solution out-of-the-box, Command Center delivers new capabilities and insights with enrollment data.The Command Center is powered by the Noyo Enrollment Engine™, which continuously cleans, audits, and transmits member data so it stays up to date between ben-admin and carrier systems. While ben-admin platforms have always been able to access Noyo data to power their own tools and product experiences, with the Command Center they can now get a powerful suite of tools right out of the box — no code required."With the Command Center, benefits software platforms have everything they need at their fingertips to manage enrollments with full transparency and control," said Shannon Goggin, CEO and co-founder of Noyo. "No more wasted time sorting through portals, spreadsheets, and email chains

Noyo Unveils Command Center For Benefits Software Platforms

New Method Enables Benefits Innovation Across the Industry with a Faster, More Seamless Transition to NoyoSAN FRANCISCO, July 12, 2023 /PRNewswire/ -- Noyo, the leader in benefits data management, today announced its new integration experience for benefits software platforms. This launch makes it easier than ever to scale real-time connectivity with insurance carriers through a single API connection. Benefits software platforms can now get to market with a leading enrollment experience in dramatically less time than it typically takes to build direct or EDI-based connections with a single insurance carrier."Noyo is committed to providing simple solutions that allow any benefits software company to build dynamic, user-centric benefits experiences. In service of our commitment to simplicity, we saw an opportunity to further remove complexity for our users with our new APIs," said Shannon Goggin, CEO and co-founder of Noyo. "Now, any company can take advantage of our enhanced capabilities to connect with insurance carriers and power their business with live benefits data, regardless of whether they're established or new to our space."At the heart of the new process is how Noyo accepts data from benefits software partners, including member, dependent, demographic, and coverage changes. Named the 'member snapshot' method, this upgrade makes sending member changes even faster for benefits software platforms

Noyo Debuts Simpler, Faster Integration Experience For Benefits Software Platforms

Noyo's Solution is Connecting Insurance Benefits Ecosystem Stakeholders with Clean, Accurate, Synchronized, and Highly Secure Data to Create Frictionless Benefits Experiences for AllSAN FRANCISCO, April 18, 2023 /PRNewswire/ -- Noyo, the leader in benefits data management, today outlined its extensive data security accreditations, protocols, and processes for the Noyo benefits data platform, which includes SOC 2 Type II and HIPAA compliance, and third-party audits.SOC 2 Type II compliance includes the most comprehensive security standards within the Systems and Organization Controls (SOC) framework to demonstrate how effectively and consistently a service organization handles sensitive information. These audits evaluate both the suitability of a company's security controls, in addition to confirming if they remain implemented successfully over an extended period.It's important to Noyo to work with reputable IT auditing firms, such as, Linford & Company , to conduct annual SOC 2 Type II assessments and obtain trusted feedback on its information security program.With a similar approach, Noyo also ensures its business processes and security controls align with the Health Insurance Portability and Accountability Act (HIPAA) standards designed to protect the privacy and security of people's health information. To assess its ability to follow the HIPAA Security Rule, the company engages third-party auditor Techumen . While such audits are not required in the insurance benefits industry, the added measure helps ensure that all core and related security controls align with the HIPAA Rule, that customer data is continuously protected, and that any tools employed by the company are configured to minimize exposure."Bringing in external auditors to objectively assess our security practices is a considerable investment and one that most vendors in this market do not make," said Shannon Goggin, CEO and co-founder of Noyo. "Our customers, whether they are benefits software providers or insurance carriers, have built their businesses on trust, and they must rely on Noyo to manage their most sensitive data assets. We take compliance with data security protocols and processes very seriously and will continue to lead the way by setting a high bar."In addition to these two compliance areas and auditing practices, Noyo continues to raise the security bar with safeguards, including:Short-lived API (Application Programming Interface) tokens

Noyo'S Benefits Data Platform Extends Soc And Hipaa Compliance With Robust Third-Party Audits

Features Special Guests from Benefits Broker, Bennie, and Insurance Carrier, AmeritasSAN FRANCISCO, April 12, 2023 /PRNewswire/ -- Noyo, the leading benefits data platform, today announced its webinar, Build, Buy, API: Powering Real-Time Experiences for Benefits Administration, designed for leaders at insurance carriers and benefits software platforms to help them understand the competitive edge of investing in faster, more accurate data management and automated member enrollment technology."Investing in technology alone won't move the needle — new systems and ways of thinking are also required as employers, consumer members, and brokers migrate to the software that delivers the best experiences," said Gary Davis, National Practice Leader at Noyo and webinar host. "In this candid discussion with Jake Bendler, Division Vice President, National Accounts and National Partners, at Ameritas, and Greg Autuori, Senior Vice President, Operations at Bennie, we'll be sharing how buy vs. build API strategies can yield the best results and why."This webinar is perfect for benefits leaders including those in senior roles in Innovation, Partnerships, Distribution, and Technology. Webinar participants will learn:Why better data management is needed to deliver the modern enrollment experience consumers expect.What should inform strategies as benefits organizations make this shift.How building and maintaining new data management technology compares to partnering or buying.The live webinar will be held April 19 at 10:00 a.m. PDT / 1:00 pm EDT. To register for the webinar, click here.About NoyoNoyo is the benefits data platform providing the modern data infrastructure to make frictionless employee benefits possible

Noyo Hosts Webinar For Benefits Leaders Aimed At Making The Shift To Api Solutions To Power Modern Enrollment Experiences

Noyo, the leading benefits data platform, today announced its webinar, Build, Buy, API: Powering Real-Time Experiences for Benefits Administration, designed for leaders at insurance carriers and benefits software platforms to help them understand the competitive edge of investing in faster, more accurate data management and automated member enrollment technology.

Noyo Hosts Webinar for Benefits Leaders Aimed at Making the Shift to API Solutions to | User Walls

PORTLAND, Ore.--(BUSINESS WIRE)--Standard Insurance Company (The Standard), a leading provider of financial protection products and services for employers and individuals, has entered into a strategic partnership with Noyo. This partnership reinforces The Standard's commitment to digital transformation by bridging member enrollment and eligibility data across benefits technology platforms. The solution will enable faster group connection and processing times, as well as decreasing operational overhead for benefits administration. By incorporating Noyo's capabilities around handling, standardizing, and transmitting data quickly and accurately, The Standard is making it easier for employers to administer their benefits and employee enrollments and reducing data issues that can disrupt coverage. The partnership will provide an enhanced billing experience and access to data, allowing information to pass quickly and seamlessly between stakeholders

The Standard Partners With Noyo To Modernize The Customer Experience | Business Wire

The Standard Partners With Noyo To Modernize The Customer Experience

Benefits data platform for B2B automation

Noyo

Benefits data platform for B2B automation

Noyo

Benefits data platform for B2B automation

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