# Novi funding: rounds and investors

> Novi has raised $7.0M across 2 rounds since 2013. Investors include Coolhouse Labs, Cottonwood Group and Bill Wood. Every round with its source.

Source: https://millionrounds.com/company/novi (Millionrounds; every figure on the page links to its filing or article)

United States · [Series A startup](https://millionrounds.com/companies)

# Who invested in *Novi*

2 rounds we have observed, with the 3 investors named in them. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

Energy

Funding summary Updated 26 Oct 2026

**$7.0M** raised across 2 rounds since 2013, from 2 sources

**$25K** Seed **$7.0M** Series A

- **Latest round:** Series A, $7.0M May 2019
- **Step-up i:** 280×
- **Investors:** 3

See who backed them

## The funding story

Each circle is a round, placed by date and sized by amount. The line above is the running total.

2014 2015 2016 2017 2018 2019

**$25K** Seed

**$7.0M** Series A

- **First round:** Seed, $25K
- **Biggest round:** $7.0M
- **Between rounds:** 5.8 years

## The rounds

- **May 2019** Series A **$7.0M** *2 new* [Cottonwood Group](https://millionrounds.com/fund/cottonwood-group) Bill Wood Reported by FinSMEs
- **Jul 2013** Seed **$25K** *1 new* [Coolhouse Labs](https://millionrounds.com/fund/coolhouse-labs) From a historical funding record

## Who was in which round

The busiest backers across the latest rounds. A filled square is a round they joined; a dark one, a round they led.

**Seed** 2013 **Series A** 2019 [Coolhouse Labs](https://millionrounds.com/fund/coolhouse-labs) [Cottonwood Group](https://millionrounds.com/fund/cottonwood-group) Bill Wood

## Everyone who backed them

[Coolhouse Labs](https://millionrounds.com/fund/coolhouse-labs) Accelerator **1** round

[Cottonwood Group](https://millionrounds.com/fund/cottonwood-group) Private equity **1** round

Bill Wood no record of our own yet **1** round

Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=novi).

## Also claim to have backed them

This firm lists Novi as a portfolio company on their own website, but no report of a round names it. They are the firms' own claims, kept apart from the rounds above.

[AIN Ventures](https://millionrounds.com/fund/ain-ventures) VC firm Per its own site

## Quick answers about Novi

### Who invested in Novi?

Novi's investors include Coolhouse Labs, Cottonwood Group and Bill Wood.

### How much has Novi raised?

Novi has raised $7.0M across 2 rounds since 2013.

### When did Novi last raise?

Novi's most recent round was a Series A of $7.0M in May 2019.

### What was Novi's biggest round?

Its most recent round, $7.0M in May 2019, is also its largest on record.

### Who backed Novi first?

Novi's first round on record, in Jul 2013, was backed by Coolhouse Labs.

### What stage is Novi at?

Novi's latest named round is a Series A, in May 2019.

### Where is Novi based?

Novi is based in the United States.

## Companies like Novi

In the same sector, and raised in the last eighteen months.

[**Amogy** $125M · Oct 2026](https://millionrounds.com/company/amogy)[**LanzaJet** $67M · Oct 2026](https://millionrounds.com/company/lanzajet)[**Pivot Energy** $500M · Oct 2026](https://millionrounds.com/company/pivot-energy)[**Peak Energy** $163M · Oct 2026](https://millionrounds.com/company/peak-energy)[**Pennsylvania American Water** $43M · Oct 2026](https://millionrounds.com/company/pennsylvania-american-water)[**Vertical Semiconductor** $84M · Oct 2026](https://millionrounds.com/company/vertical-semiconductor)

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