Novel Capital
PrivateLast Round
Series A
May 29, 2024
Total Funding Raised
$130M
Company Overview
Novel Capital is a financial technology company that provides a revenue-based financing platform designed to offer entrepreneurs an alternative funding solution by leveraging key company data and financial metrics to support growth for businesses with recurring revenue.
Sector
FinTech
Verticals
Lending & Credit, Vertical SaaS
Business Model
B2B
Customer Profile
Revenue Share, Usage-Based SaaS
AI Layer
Application
Keywords
Historical Pricing
Historical view of private secondary pricing and transaction trends.
Novel Capital Comparables
Compare Novel Capital with similar companies based on industry and business-model similarity.
| Company | Similarity | Market Cap |
|---|---|---|
| Founderpath | 87% | |
| Efficient Capital Labs | 87% | |
| River SaaS Capital | 86% | |
Novel Capital Funding Rounds
Historical fundraising activity
| Round | Date | Amount Raised | Valuation | Investors | Sources |
|---|---|---|---|---|---|
| Series A | May 29, 2024 | ||||
| Seed | Jul 18, 2022 | ||||
| Corporate Funding | Mar 17, 2022 | ||||
| VC Round | Dec 10, 2019 |
Key People
Founding team and executive leadership
Novel Capital Investors
Notable investors and investment history
| Investor | Rounds |
|---|---|
| IGNIA Partners | Series A |
| Nueterra Capital | Corporate Funding |
| Plow Ventures | Corporate Funding |
| Edovate Capital | Seed |
| KCRise Fund | Seed, Series A |
| Gaingels | Series A |
| MatterScale | Seed, Corporate Funding, Series A |
Market signals
Structured signals derived from secondary market and firmographic data.
- Sep 2, 2025
Added Bildit, Llc., a construction technology startup, as a customer.
- Sep 2, 2025
Added Apiworx Llc, a startup in the technology/software sector.
Novel Capital Filings
SEC and related filings with document metadata.
| Typed | Date | Amount Offered | Amount Sold | Filling | Pages | Download |
|---|---|---|---|---|---|---|
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Frequently Asked Questions
Common questions about Novel Capital's valuation, stock price, and market status.