Novel Effect
PrivateLast Round
Series A
Extension
Jul 15, 2019
Total Funding Raised
$4.84M
Company Overview
Novel Effect is an edtech company that provides a voice-interactive application that adds music and sound effects to children's books as they are read aloud.
Sector
Media, Entertainment & Gaming
Verticals
NLP & Conversational AI, Subscription Commerce, Digital Publishing, Vertical SaaS
Business Model
B2B
Customer Profile
Subscription SaaS, Freemium
AI Layer
Application
Keywords
Historical Pricing
Historical view of private secondary pricing and transaction trends.
Novel Effect Comparables
Compare Novel Effect with similar companies based on industry and business-model similarity.
Novel Effect Funding Rounds
Historical fundraising activity
| Round | Date | Amount Raised | Valuation | Investors | Sources |
|---|---|---|---|---|---|
| Series A Extension | Jul 15, 2019 | ||||
| Series A | May 22, 2018 | ||||
| Seed | Sep 13, 2016 |
Key People
Founding team and executive leadership
Novel Effect Investors
Notable investors and investment history
| Investor | Rounds |
|---|---|
| Maveron | Series A |
| Right Side Capital Management | Seed |
| Techstars | Seed |
| TenOneTen Ventures | Series A |
| Lux Capital | Series A |
| Waverley Capital | Series A |
| Amazon's Alexa Fund | Convertible Debt, Series A |
Market signals
Structured signals derived from secondary market and firmographic data.
- Mar 3, 2026
Monthly visitors increased 32% MoM.
- Nov 7, 2025
Monthly visitors increased 94% MoM.
Novel Effect Filings
Explore SEC and related filing metadata, where available.
| Type | Date | Amount Offered | Amount Sold | Filing | Pages | Download |
|---|
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Request accessFrequently Asked Questions
Common questions about Novel Effect's valuation, stock price, and market status.
Is Novel Effect a public or private company?
Novel Effect is a private company.
What is the current stock price of Novel Effect?
Novel Effect is a private company, so its shares have no public market price. Caplight tracks Novel Effect's secondary market activity and provides MarketPrice™ estimates of its share price to Caplight users.
How much is Novel Effect worth (valuation)?
Valuation information for Novel Effect is not publicly available.
Can I buy Novel Effect stock?
Novel Effect shares may be available on secondary markets subject to transfer restrictions. Caplight facilitates secondary market transactions for accredited investors.
When was Novel Effect's last funding round?
Novel Effect's most recent funding round was Series A Extension on July 15, 2019.
Who are the main investors in Novel Effect?
Key investors in Novel Effect include TenOneTen Ventures, Waverley Capital, Alpha Edison.
Will Novel Effect IPO soon?
No public IPO plans have been announced for Novel Effect.
How can I track Novel Effect secondary market activity?
Caplight tracks bids, offers, and trades in Novel Effect's shares on secondary markets.