# Novo funding: rounds and investors > Novo has raised $131M across 4 rounds since 2019. Investors include Antler, Citibank and Hack VC. Every round with its source. Source: https://millionrounds.com/company/novo (Millionrounds; every figure on the page links to its filing or article) United States · [Venture startup](https://millionrounds.com/companies) # 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. B2B Fintech Valuation: $755M, Oct 2024 Funding summary Updated 26 Oct 2026 **$131M** raised across 4 rounds since 2019, from 4 sources **$4.8M** Seed **$125M** Debt **$1.1M** Pre-seed - **Latest round:** Venture Sept 2024 - **Biggest round:** $125M Debt · Aug 2023 - **Investors:** 10 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. 2019 2020 2021 2022 2023 2024 **$4.8M** Seed **$125M** Debt **$1.1M** Pre-seed **?** Venture - **First round:** Seed, $4.8M - **Biggest round:** $125M - **Usual gap between rounds:** 12 months [**Novo** B2B 1 / 13 Their pitch deck **Novo's pitch deck, 13 slides** Each slide read for what it argues, against the decks that raised at the same stage.](https://millionrounds.com/decks/novo) ## The rounds - **Sept 2024** Venture **Amount undisclosed** *2 returning* [Antler](https://millionrounds.com/fund/antler) [Citibank](https://millionrounds.com/fund/citi) Source recorded - **Sept 2023** Pre-seed **$1.1M** *2 new* [Antler](https://millionrounds.com/fund/antler) [Citibank](https://millionrounds.com/fund/citi) Source recorded - **Aug 2023** Debt **$125M** *4 new* *1 returning* [Techstars](https://millionrounds.com/fund/techstars) [Right Side Capital Management](https://millionrounds.com/fund/right-side-capital-management) [BoxGroup](https://millionrounds.com/fund/boxgroup) [Hack VC](https://millionrounds.com/fund/hack-vc) [Notable Capital](https://millionrounds.com/fund/notable-capital) Source recorded - **Mar 2019** Seed **$4.8M** *4 new* [RRE Ventures](https://millionrounds.com/fund/rre-ventures) [Crosslink Capital](https://millionrounds.com/fund/crosslink-capital) [Hack VC](https://millionrounds.com/fund/hack-vc) [Red Sea Ventures](https://millionrounds.com/fund/red-sea-ventures) Reported by Pehub ## 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** 2019 **Debt** 2023 **Pre-seed** 2023 **Venture** 2024 [Antler](https://millionrounds.com/fund/antler) [Citibank](https://millionrounds.com/fund/citi) [Hack VC](https://millionrounds.com/fund/hack-vc) [Techstars](https://millionrounds.com/fund/techstars) [Right Side Capital Management](https://millionrounds.com/fund/right-side-capital-management) [BoxGroup](https://millionrounds.com/fund/boxgroup) [RRE Ventures](https://millionrounds.com/fund/rre-ventures) [Crosslink Capital](https://millionrounds.com/fund/crosslink-capital) [Notable Capital](https://millionrounds.com/fund/notable-capital) [Red Sea Ventures](https://millionrounds.com/fund/red-sea-ventures) ## Everyone who backed them [Antler](https://millionrounds.com/fund/antler) VC firm **2** rounds [Citibank](https://millionrounds.com/fund/citi) Growth equity **2** rounds [Hack VC](https://millionrounds.com/fund/hack-vc) VC firm **2** rounds [Techstars](https://millionrounds.com/fund/techstars) VC firm **1** round [Right Side Capital Management](https://millionrounds.com/fund/right-side-capital-management) VC firm **1** round [BoxGroup](https://millionrounds.com/fund/boxgroup) VC firm **1** round [RRE Ventures](https://millionrounds.com/fund/rre-ventures) VC firm **1** round [Crosslink Capital](https://millionrounds.com/fund/crosslink-capital) VC firm **1** round [Notable Capital](https://millionrounds.com/fund/notable-capital) VC firm **1** round [Red Sea Ventures](https://millionrounds.com/fund/red-sea-ventures) VC firm **1** round Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=novo). ## 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. [Valar Ventures](https://millionrounds.com/fund/valar-ventures-llc) VC firm Per its own site [2bX](https://millionrounds.com/fund/2bx) VC firm Per its own site ## Quick answers about Novo ### Who invested in Novo? Novo's investors include Antler, Citibank, Hack VC, Techstars and Right Side Capital Management, and 5 more on record. ### 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. ## Companies like Novo In the same sector, and raised in the last eighteen months. [**xPay** $1.5M · Oct 2026](https://millionrounds.com/company/xpay)[**Kalshi** $2.7B · Oct 2026](https://millionrounds.com/company/kalshi)[**Coast** $77M · Oct 2026](https://millionrounds.com/company/coast)[**Whop** $400M · Oct 2026](https://millionrounds.com/company/whop)[**CapitalOS** $52M · Oct 2026](https://millionrounds.com/company/capitalos)[**MURAL** $67M · Oct 2026](https://millionrounds.com/company/mural) ## Find investors like these Search every investor by what they have actually funded, then narrow to your stage and market. Free. Open the investor searchOr these rounds in the app