Novel Effect Overview

  • Year Founded
  • 2015

Year Founded

  • Status
  • Private

  • Employees
  • 21

Employees

  • Latest Deal Type
  • 2ndary - Private

  • Investors
  • 6

Novel Effect General Information

Description

Developer of a voice-interactive storytelling application designed to synchronize theme music and sound effects using voice recognition. The company's application specializes in providing voice-activated companion audio and sound effects turned into audio whenever children read a book, enabling kids and parents to learn, play, and grow together in the digital age with content that doesn't overwhelm or distract.

Contact Information

Website
www.noveleffect.com
Ownership Status
Privately Held (backing)
Financing Status
Venture Capital-Backed
Corporate Office
  • 10002 Aurora Avenue North
  • Suite 36, Number 572
  • Seattle, WA 98133-9334
  • United States
+1 (512)
Primary Industry
Application Software
Other Industries
Entertainment Software
Vertical(s)
Artificial Intelligence & Machine Learning, EdTech, Mobile
Corporate Office
  • 10002 Aurora Avenue North
  • Suite 36, Number 572
  • Seattle, WA 98133-9334
  • United States
+1 (512)

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Novel Effect Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
9. Secondary Transaction - Private Completed Generating Revenue
8. Later Stage VC 01-Jan-2023 Completed Generating Revenue
7. Debt - PPP 13-Apr-2020 Completed Generating Revenue
6. Early Stage VC 26-Apr-2019 Completed Generating Revenue
5. Early Stage VC (Series A) 04-May-2018 Completed Generating Revenue
4. Accelerator/Incubator 17-Jul-2017 Completed Generating Revenue
3. Angel (individual) Completed Startup
2. Accelerator/Incubator Completed Startup
1. Accelerator/Incubator 13-Sep-2016 Completed Startup
To view Novel Effect’s complete valuation and funding history, request access »

Novel Effect Cap Table

Stock # of Shares
Authorized		 Par Value Dividend Rate (%) Original
Issue Price		 Liquidation Liquidation
Pref. Multiple		 Conversion Price % Owned
Series A1
Series A
To view Novel Effect’s complete cap table history, request access »

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Novel Effect Patents

  • 4

    Total Documents Applications and Grants

  • Total Patents Families

  • 1

    Granted

  • Pending

  • Expiring in next 12 mo

Novel Effect Recent Patent Activity

Publication ID Patent Title Status First Filing Date Technology (CPC) Citations
WO-2019168920-A1 System and method for integrating special effects with a text source Inactive 28-Feb-2018
US-10249205-B2 System and method for integrating special effects with a text source Inactive 08-Jun-2015
US-20160358620-A1 System and method for integrating special effects with a text source Active 08-Jun-2015
US-20190189019-A1 System and method for integrating special effects with a text source Inactive 08-Jun-2015 G09B5/062

Novel Effect Signals

Growth Rate

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Growth
Weekly Growth

Size Multiple

Median
Size Multiple

Key Data Points

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Novel Effect Investors (6)

Investor Name Investor Type Holding Investor Since Participating Rounds
Hillside Ventures Venture Capital Minority
Project Voice Capital Partners Venture Capital Minority
Community Access Fund Venture Capital Minority
Riverside Ventures Venture Capital Minority
Alpha Edison Venture Capital Minority
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Novel Effect FAQs

  • When was Novel Effect founded?

    Novel Effect was founded in 2015.

  • Where is Novel Effect headquartered?

    Novel Effect is headquartered in Seattle, WA.

  • What is the size of Novel Effect?

    Novel Effect has 21 total employees.

  • What industry is Novel Effect in?

    Novel Effect’s primary industry is Application Software.

  • Is Novel Effect a private or public company?

    Novel Effect is a Private company.

  • What is Novel Effect’s current revenue?

    The current revenue for Novel Effect is .

  • How much funding has Novel Effect raised over time?

    Novel Effect has raised $4.84M.

  • Who are Novel Effect’s investors?

    Hillside Ventures, Project Voice Capital Partners, Community Access Fund, Riverside Ventures, and Alpha Edison are 5 of 6 investors who have invested in Novel Effect.

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