Novidea
PrivateLast Round
Series C
Extension
Apr 9, 2024
Total Funding Raised
$178M
Momentum
Top 25%
of companies Caplight tracks
Company Overview
Novidea is an insurance technology company that provides a cloud-native, data-driven insurance management platform for brokers, agents, MGAs, and carriers.
Sector
Enterprise Software
Verticals
InsurTech, Vertical SaaS, CRM
Business Model
B2B
Customer Profile
Subscription SaaS, Services & Consulting
AI Layer
Application
Keywords
Historical Pricing
Historical view of private secondary pricing and transaction trends.
Novidea Comps
Public and private peers based on sector, stage, and business model.
| Company | Status | Est. Valuation | Rev Multiple |
|---|---|---|---|
| OpenAI | Private | $86.0B | ~40x |
| Cohere | Private | $5.0B | -- |
| Competitor 1 | Public | $XX.XB | XXx |
| Competitor 2 | Public | $XX.XB | XXx |
Novidea Funding Rounds
Historical fundraising activity
| Round | Date | Amount Raised | Valuation | Investors | Sources |
|---|---|---|---|---|---|
| Series C Extension | Apr 9, 2024 | ||||
| Series C | May 3, 2023 | ||||
| Series B | May 31, 2021 | ||||
| Series B | Nov 24, 2020 | ||||
| Series A | Oct 24, 2018 |
Key People
Founding team and executive leadership
Novidea Investors
Notable investors and investment history
| Investor | Rounds |
|---|---|
| Cross Creek Advisors | Series C Extension, Series C |
| Salesforce Ventures | Series B, Series A |
| Israel Growth Partners | Series C Extension, Series C, Series B |
| JAL Ventures | Series C Extension, Series B, Series C |
| HarbourVest Partners | Series C, Series C Extension |
| Battery Ventures | Series C Extension, Series C |
| 2B.VC | Series B, Series A |
Market signals
Structured signals derived from secondary market and firmographic data.
- Jun 24, 2026
Monthly visitors grew 48% MoM.
- Apr 14, 2026
Named a finalist in the "Product or Service Innovation" category.
Novidea Filings
SEC and related filings with document metadata.
| Typed | Date | Amount Offered | Amount Sold | Filling | Pages | Download |
|---|---|---|---|---|---|---|
Mock Valuation | Sign Up to view | Mock Valuation | Sign Up to view | Mock Valuation | Sign Up to view | Mock Valuation |
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Frequently Asked Questions
Common questions about Novidea's valuation, stock price, and market status.