Novo
PrivateLast Round
Pre Seed
Sep 28, 2023
Est. Valuation
$755M
Total Funding Raised
$386.72M
Momentum
Top 50%
of companies Caplight tracks
Company Overview
Novo (Financial Software) is a fintech company that offers a banking platform tailored for small businesses, combining artificial intelligence with traditional deposit accounts to deliver a personalized banking experience through a network of FDIC-insured community banks.
Sector
FinTech
Verticals
Digital Payments, Digital Banking, Lending & Credit, Accounting & Expense
Business Model
B2B
Customer Profile
Payment Processing Fee, Freemium, Services & Consulting
AI Layer
Application
Keywords
Historical Pricing
Historical view of private secondary pricing and transaction trends.
Novo Comps
Public and private peers based on sector, stage, and business model.
Novo Funding Rounds
Historical fundraising activity
| Round | Date | Amount Raised | Valuation | Investors | Sources |
|---|---|---|---|---|---|
| Pre Seed | Sep 28, 2023 | ||||
| Debt | Aug 1, 2023 | ||||
| Series B | Nov 22, 2022 | ||||
| Series B | Jan 11, 2022 | ||||
| Series A | Jun 16, 2021 | ||||
Seed | Mar 29, 2019 |
Novo Investors
Notable investors and investment history
| Investor | Rounds |
|---|---|
| Valar Ventures | Series B, Series A |
| Red Sea Ventures | Seed, Series A |
| Rainfall Capital | Seed, Series A, Series B |
| Victory Park Capital | Debt |
| Techstars | Accelerator |
| Crosslink Capital | Series A, Series B, Seed |
| Magic Fund | Series A |
Market signals
Structured signals derived from secondary market and firmographic data.
- Oct 1, 2025
Processed billions in total transactions.
- Oct 1, 2025
Serves over 250,000 small businesses.
Novo 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 Novo's valuation, stock price, and market status.