A fintech growth platform providing revenue-based financing to B2B companies.
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.
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 |
Announced Date | Fund Name | Money Raised | |
---|---|---|---|
Dec 10, 2019 | Fund I | $12.60M |
Date
Company Name
|
Round | Money Raised | Industry | Lead Investor |
---|---|---|---|---|
Dec 30, 2022
SWYE360 Learning
|
Seed | — | Analytics | Yes |
Jan 8, 2021
letus (previously RentMoola)
|
Debt Financing | — | Credit Cards | — |
Dec 10, 2020
Reconciled
|
Debt Financing | — | Accounting | — |
Nov 30, 2020
JobAdx
|
Debt Financing | — | Advertising | — |
Nov 5, 2020
OnShore Technology Group
|
Debt Financing | — | Health Care | — |
Investor Name | Lead Investor | Funding Round |
---|---|---|
Ulu Ventures | Yes | Seed |
Edovate Capital | — | Seed |
KCRise Fund | — | Seed |
MatterScale Ventures | — | Seed |
Tenzing Capital (Tenzing.vc) | — | Seed |
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 |