Novel Capital

investment firm

About

A fintech growth platform providing revenue-based financing to B2B companies.

Details

Last Funding Type
Seed
Industries
Financial Services,FinTech,Impact Investing,Venture Capital
Founded date
Jan 1, 2018
Operating Status
Active
Also Known As
Novel Capital
Investor Type
Venture Capital,Venture Debt

Novel Capital’s fintech funding platform breaks down the traditional growth barriers faced by today’s B2B software companies. Their tech-first approach makes it easy for customers to leverage future recurring revenue for immediate access to non-dilutive capital. Paired with online data-driven insights and curated learning resources, the Novel platform empowers entrepreneurs to capitalize on their momentum.

Funding Rounds

Number of Funding Rounds
Total Funding Amount
4
$115M
Novel Capital has raised a total of $115M in funding over 2 rounds. Their latest funding was raised on Jul 18, 2022 from a Seed round.
Announced Date Round Money Raised Number of Investors Lead Investors Post Valuation
Jul 18, 2022 Seed 5 Ulu Ventures Detail
Mar 17, 2022 Series Unknown $115M Detail
Mar 17, 2022 Debt Financing Detail
Jul 1, 2021 Seed 1 Detail

Funds Raised

Announced Date Fund Name Money Raised
Dec 10, 2019 Fund I $12.60M

Investments

Number of Investments
Number of Lead Investments
25
2
Novel Capital has made 25 investments. Their most recent investment was on Dec 30, 2022, when SWYE360 Learning raised 0.
Date Company Name
Round Money Raised Industry Lead Investor
Dec 30, 2022 SWYE360 Learning
Seed Analytics Yes
Debt Financing Credit Cards
Dec 10, 2020 Reconciled
Debt Financing Accounting
Nov 30, 2020 JobAdx
Debt Financing Advertising
Debt Financing Health Care

Investors

Number of Lead Investors
Number of Investors
1
5
Novel Capital is funded by 5 investors. Ulu Ventures and Edovate Capital are the most recent investors.
Investor Name Lead Investor Funding Round
Ulu Ventures Yes Seed
Edovate Capital Seed
KCRise Fund Seed
MatterScale Ventures Seed
Tenzing Capital (Tenzing.vc) Seed

Employee Profiles

Number of Employee Profiles
3
Novel Capital has 3 current employee profiles, including Executive Carlos Antequera
Executive
Executive
Executive

Exits

Novel Capital has had 3 exits. Novel Capital most notable exits include Zype ,   Block Six Analytics

Date Company Name Exit Type Industry
Apr 12, 2022 Zype M&A Cloud Computing Detail
Sep 1, 2021 Block Six Analytics M&A Advertising Detail
May 1, 2020 Gremlin Social M&A Compliance Detail