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
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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
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 Effect's valuation, stock price, and market status.