# Novel TMT Ventures: portfolio, investments and team

> Novel TMT Ventures is a vc firm based in United States. 35 investments on record, latest Mar 2019. Portfolio, stages, co-investors and team.

Source: https://millionrounds.com/fund/novel-tmt-ventures (Millionrounds; every figure on the page links to its filing or article)

United States · [Investor](https://millionrounds.com/investors)

# Novel TMT Ventures

Last cheque observed Mar 2019. Silence since then is not evidence of inactivity: our sources miss unannounced rounds.

Quiet New fund $3.0M, Mar 2013 VC firm

Growth Seed Series A Biotechnology Energy

Cheques on record

**0%** of best year **0** **cheques in 12 months**, 35 on record

Since the last cheque **2769** days **00** hrs **00** min **00** sec

Median round **$16M** Rounds led **0 of 35** Exits **1 from the portfolio** Mostly in **United States, 85%**

Pitch Novel TMT Ventures

## Novel TMT Ventures highlights

- 01 35 rounds on record
- 02 Mostly Series A and Seed: 58% of its rounds
- 03 1 exits from the portfolio

## What they do

> Filed 1 private fund offering with the SEC, the most recent in 2013-03 From their own website

- **Type:** VC firm (from a list, unverified)
- **Cheque size:** Not stated
- **Stages:** Growth Seed Series A
- **Sectors:** Biotechnology Energy
- **Based in:** United States
- **Cold pitches:** Not stated

## The record

Every round we can evidence, newest first **35 appearances**

- **2019** 1 round
- **Mar** **[Radar](https://millionrounds.com/company/radar)** US · VentureBeat **$16M** With 6 others
- **2018** 2 rounds
- **Aug** **[Backbone PLM](https://millionrounds.com/company/backbone-plm)** Series A · US · FinSMEs **$8.0M** With 5 others
- **Jul** **[inkbox](https://millionrounds.com/company/inkbox)** Series A · CA · FinSMEs **$13M** With 5 others
- **2017** 2 rounds
- **Jun** **[Inturn](https://millionrounds.com/company/inturn)** Series B · US · FinSMEs **$23M** With 5 others
- **Mar** **[MasterClass](https://millionrounds.com/company/masterclass)** Series C · US · FinSMEs **$35M** With 8 others
- **2015** 4 rounds
- **Oct** **[Digital Currency Group](https://millionrounds.com/company/digital-currency-group)** Venture · US **Undisclosed** With 11 others
- **Jul** **[FishBrain](https://millionrounds.com/company/fishbrain)** Series A · SE **$8.0M** With 6 others
- **Jul** **[StellaService](https://millionrounds.com/company/stellaservice)** Series C · US **$15M** With 6 others
- **Apr** **[INTURN](https://millionrounds.com/company/inturn)** Seed · US **$3.6M** With 6 others
- **2014** 5 rounds
- **Sept** **[EdCast](https://millionrounds.com/company/edcast)** Series A · US **$6.0M** With 8 others
- **Jun** **[True Fit](https://millionrounds.com/company/true-fit)** Series A · US **$15M** With 5 others
- **May** **[The RealReal](https://millionrounds.com/company/the-realreal)** Series C · US **$20M** With 7 others
- **Feb** **[asap54.com](https://millionrounds.com/company/asap54-com)** Series A · GB **$3.8M** With 2 others
- **Feb** **[PredictSpring](https://millionrounds.com/company/predictspring)** Seed · US **$850K** With 4 others
- **2013** 11 rounds
- **Nov** **[Loop Commerce](https://millionrounds.com/company/loop-commerce)** Series A · US · techcrunch.com **$7.2M** With 17 others
- **Aug** Seed · techcrunch.com **$5.6M** With 5 others
- **Aug** **[ThirdLove](https://millionrounds.com/company/thirdlove)** Seed · US · techcrunch.com **$5.6M** With 20 others
- **Jul** **[L’ArcoBaleno](https://millionrounds.com/company/l-arcobaleno)** Series B · DE · finsmes.com **Undisclosed** With 9 others
- **Jun** **[Darby Smart](https://millionrounds.com/company/darby-smart)** Seed · US · techcrunch.com **$1.0M** With 6 others
- **Jun** **[Lolly Wolly Doodle](https://millionrounds.com/company/lolly-wolly-doodle)** Series A · US · sec.gov **$21M** With 3 others
- **Apr** **[The RealReal](https://millionrounds.com/company/the-realreal)** Series B · US · prnewswire.com **$14M** With 8 others
- **Apr** **[DailyLook](https://millionrounds.com/company/daily-look)** Seed · US · techcrunch.com **$2.5M** With 8 others
- **Mar** **[Rent the Runway](https://millionrounds.com/company/rent-the-runway)** Series C · US · pevc.dowjones.com **$24M** With 5 others
- **Feb** **[Euclid Analytics](https://millionrounds.com/company/euclid-analytics)** Series B · US · techcrunch.com **$17M** With 6 others
- **Feb** **[The Business of Fashion](https://millionrounds.com/company/the-business-of-fashion)** Seed · GB · techcrunch.com **$2.1M** With 4 others
- **2012** 2 rounds
- **Jul** **[Openbucks](https://millionrounds.com/company/openbucks)** Series A · US · techcrunch.com **$4.8M** With 15 others
- **Jul** **[Openbucks](https://millionrounds.com/company/openbucks)** Venture · US **$1.1M** With 7 others
- **2011** 2 rounds
- **Jul** **[True Fit](https://millionrounds.com/company/true-fit)** Seed · US · sec.gov **$4.4M** With 3 others
- **Apr** **[True Fit](https://millionrounds.com/company/true-fit)** Seed · US · sec.gov **$2.5M** With 3 others
- **2010** 2 rounds
- **Aug** **[PlaySpan](https://millionrounds.com/company/playspan)** Series C · US · paidcontent.org **$18M** With 6 others
- **Feb** **[TuneWiki](https://millionrounds.com/company/tunewiki)** Series B · US · techcrunch.com **$7.0M** With 5 others
- **2008** 2 rounds
- **Nov** **[PlaySpan](https://millionrounds.com/company/playspan)** Series B · US · techcrunch.com **$17M** With 3 others
- **Oct** **[Mail.com Media Corporation](https://millionrounds.com/company/mail-com-media-corporation)** Series D · US · paidcontent.org **$35M** With 2 others
- **2007** 2 rounds
- **Sept** **[PlaySpan](https://millionrounds.com/company/playspan)** Series A · US · techcrunch.com **$6.5M** With 3 others
- **Jun** **[Reloaded Games, Inc.](https://millionrounds.com/company/reloaded-games-inc)** Series B · US · intel.com **$16M** With 5 others

An announcement gives the size of the round, not the size of this investor's cheque: the only rounds that imply a cheque are those where they were the sole named investor.

## The team

Named by the firm itself, on a filing, its Form ADV or its company registration **1 named**

AF **Andrew Fine** Executive Officer i Filing they signed

We also hold **1** person at this firm from the lists this database was built from: a weaker source than the filings, since a list does not say when a title ended. Login to see them.

## Exits from the portfolio

Companies it backed that were later bought or listed **1 in all**

**[PlaySpan](https://millionrounds.com/company/playspan)** Bought by [Visa](https://millionrounds.com/fund/visa) **$190M** Feb 2011

An exit counts when it came after the firm's first round in the company. From historical deal records.

New fund on file

**$3.0M**

raised in Mar 2013

From its SEC filing, not a journalist: a firm that has just raised has money to deploy.

## The cheque

Growth Seed Series A

Median round joined **$16M** the round, not its cheque

Led 0 of 35 rounds **0%**

- **Sole investor:** Never alone
- **Last cheque:** Mar 2019
- **Exits:** 1 from the portfolio

Rounds by stage said on their site

- Series A said *10*
- Seed said *9*
- Series B *7*
- Series C *5*
- Venture *2*
- Growth said *-*

Cheques by year Led Joined

2007 2019

Often in the room with

- [Greycroft](https://millionrounds.com/fund/greycroft) 5
- [Menlo Ventures](https://millionrounds.com/fund/menlo-ventures) 4
- [New Enterprise Associates](https://millionrounds.com/fund/new-enterprise-associates) 4
- [e.ventures](https://millionrounds.com/fund/e-ventures-3) 4
- [14W](https://millionrounds.com/fund/warner-music-group) 3
- [Breakaway Innovation Group](https://millionrounds.com/fund/breakaway-innovation-group) 3

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## Who they invest alongside

The investors most often in the same rounds as Novel TMT Ventures. A count of rooms they were both in, not a relationship either has claimed.

[**Greycroft** VC firm **5** rounds together](https://millionrounds.com/fund/greycroft)[**Menlo Ventures** VC firm **4** rounds together](https://millionrounds.com/fund/menlo-ventures)[**New Enterprise Associates** VC firm **4** rounds together](https://millionrounds.com/fund/new-enterprise-associates)[**e.ventures** VC firm **4** rounds together](https://millionrounds.com/fund/e-ventures-3)[**14W** Private equity **3** rounds together](https://millionrounds.com/fund/warner-music-group)[**Breakaway Innovation Group** VC firm **3** rounds together](https://millionrounds.com/fund/breakaway-innovation-group)[**Forerunner Ventures** VC firm **3** rounds together](https://millionrounds.com/fund/forerunner-ventures)[**Guggenheim Partners** VC firm **3** rounds together](https://millionrounds.com/fund/guggenheim-partners)[**RRE Ventures** VC firm **3** rounds together](https://millionrounds.com/fund/rre-ventures)[**STIC Investment** Private equity **3** rounds together](https://millionrounds.com/fund/stic-investment)[**SV Angel** VC firm **3** rounds together](https://millionrounds.com/fund/sv-angel)[**Advancit Capital** VC firm **2** rounds together](https://millionrounds.com/fund/advancit-capital)

## Recently backed

The latest companies Novel TMT Ventures put money into.

[**inkbox** $13M · Jul 2018](https://millionrounds.com/company/inkbox)[**Inturn** $23M · Jun 2017](https://millionrounds.com/company/inturn)[**MasterClass** $35M · Mar 2017](https://millionrounds.com/company/masterclass)

## Quick answers about Novel TMT Ventures

### What does Novel TMT Ventures invest in?

Novel TMT Ventures invests most often at Series A and Seed (58% of the rounds on record), in sectors such as Biotechnology and Energy.

### How active is Novel TMT Ventures?

35 investments on record, 0 of them in the last 12 months. The most recent was in Mar 2019.

### What has Novel TMT Ventures invested in recently?

Its most recent investments on record: Radar (Undisclosed round, Mar 2019), Backbone PLM (Series A, Aug 2018) and inkbox (Series A, Jul 2018).

### How big are Novel TMT Ventures's cheques?

The median round it joins is $16M.

### Does Novel TMT Ventures lead rounds?

Rarely, if at all: none of its 35 investments on record names it as the lead.

### Where does Novel TMT Ventures invest?

Most of the companies it backs are in the United States (85%) and the United Kingdom (6%).

### Is Novel TMT Ventures investing now?

No investments in the last 12 months; the latest was in Mar 2019.

### Who does Novel TMT Ventures invest alongside?

Most often Greycroft (5 rounds together), Menlo Ventures (4 rounds together) and New Enterprise Associates (4 rounds together).

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