United States · 
Who invested in Novo?
Novo's investors include Antler, Citibank, Hack VC, Techstars and Right Side Capital Management, and 5 more on record.
201920202021202220232024
$4.8MSeed$125MDebt$1.1MPre-seed?VentureUnited States · Venture startup
Who invested in Novo
4 rounds we have observed, with the 10 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.
Valuation: $755M, Oct 2024
Funding summaryUpdated 26 Oct 2026
$131Mraised across 4 rounds since 2019, from 4 sources
$4.8MSeed$125MDebt$1.1MPre-seed
- Latest round
- VentureSept 2024
- Biggest round
- $125MDebt · Aug 2023
- Investors
- 10
The funding story
Each circle is a round, placed by date and sized by amount. The line above is the running total.
- First round
- Seed, $4.8M Mar 2019
- Biggest round
- $125M Debt · Aug 2023
- Usual gap between rounds
- 12 months the median of 3
NovoB2B1 / 13Their pitch deckNovo's pitch deck, 13 slidesEach slide read for what it argues, against the decks that raised at the same stage.→The rounds
- Sept 2024
- Sept 2023
- Aug 2023Debt$125M4 new1 returning
Source recorded
- Mar 2019
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.
Seed2019Debt2023Pre-seed2023Venture2024
Antler
Citibank
Hack VC
Techstars
Right Side Capital Management
BoxGroup
RRE Ventures
Crosslink Capital
Notable Capital
Red Sea Ventures
AntlerCitibankHack VCTechstarsRight Side Capital ManagementBoxGroupRRE VenturesCrosslink CapitalNotable CapitalRed Sea VenturesEveryone who backed them
Missing a round, or an investor who was in one? Tell us.
Also claim to have backed them
These 2 firms list Novo as a portfolio company on their own websites, but no report of a round names them. They are the firms' own claims, kept apart from the rounds above.
Quick answers about Novo
How much has Novo raised?
Novo has raised $131M across 4 rounds since 2019. One round did not disclose an amount, so the total is a floor.
When did Novo last raise?
Novo's most recent round was a Venture in Sept 2024.
What was Novo's biggest round?
Novo's largest round on record is $125M (Debt), in Aug 2023.
Who backed Novo first?
Novo's first round on record, in Mar 2019, was backed by RRE Ventures, Crosslink Capital and Hack VC and 1 others.
What stage is Novo at?
Novo's latest named round is a Venture, in Sept 2024.
Where is Novo based?
Novo is based in the United States.
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