Novo
PrivateLast Round
Debt
Aug 1, 2023
Est. Valuation
$755M
Total Funding Raised
$330.74M
Momentum
Top 25%
of companies Caplight tracks
Company Overview
Novo 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 Banking, Digital Payments, 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 Comparables
Compare Novo with similar companies based on industry and business-model similarity.
Novo Funding Rounds
Historical fundraising activity
| Round | Date | Amount Raised | Valuation | Investors | Sources |
|---|---|---|---|---|---|
| Debt | Aug 1, 2023 | ||||
| Series B Extension | Nov 22, 2022 | ||||
| Series B | Jan 11, 2022 | ||||
| Series A | Jun 16, 2021 | ||||
| Seed | Mar 29, 2019 | ||||
Accelerator | Sep 10, 2018 |
Key People
Founding team and executive leadership
Novo Investors
Notable investors and investment history
| Investor | Rounds |
|---|---|
| Valar Ventures | Series B Extension, Series B, Series A |
| Red Sea Ventures | Seed, Series A |
| Rainfall Capital | Seed, Series A, Series B Extension, Series B |
| Victory Park Capital | Debt |
| Techstars | Accelerator |
| Crosslink Capital | Series A, Series B Extension, Series B, Seed |
| Magic Fund | Series A |
Market signals
Structured signals derived from secondary market and firmographic data.
- May 22, 2026
Powered by banking partner Middlesex Federal Savings, F.A.
- May 22, 2026
Integrating with Stripe, Square, QuickBooks, Xero, Gusto, Slack, and Zapier.
Novo Filings
Explore SEC and related filing metadata, where available.
| Type | Date | Amount Offered | Amount Sold | Filing | Pages | Download |
|---|
Filing documents are not displayed on this public page. Request access to learn about available coverage.
Request accessFrequently Asked Questions
Common questions about Novo's valuation, stock price, and market status.
Is Novo a public or private company?
Novo is a private company.
What is the current stock price of Novo?
Novo is a private company, so its shares have no public market price. Caplight tracks Novo's secondary market activity and provides MarketPrice™ estimates of its share price to Caplight users.
How much is Novo worth (valuation)?
Novo's valuation is estimated at $755.0M based on funding round data.
Can I buy Novo stock?
Novo shares may be available on secondary markets subject to transfer restrictions. Caplight facilitates secondary market transactions for accredited investors.
When was Novo's last funding round?
Novo's most recent funding round was Debt on August 1, 2023.
Who are the main investors in Novo?
Key investors in Novo include Valar Ventures, Victory Park Capital, Crosslink Capital, Stripes, Hack VC.
Will Novo IPO soon?
No public IPO plans have been announced for Novo.
How can I track Novo secondary market activity?
Caplight tracks bids, offers, and trades in Novo's shares on secondary markets.