NovoMoto Overview
- Founded
- 2015

- Status
- Private
- Employees
- 5

- Latest Deal Type
- Crowdfunding
- Latest Deal Amount
- $422K

- Investors
- 9
NovoMoto General Information
Description
Manufacturer of solar energy devices intended to help users generate sustainable energy independently. The company's devices include packages of solar panels, lamps, batteries, and other devices to villages through a pay-as-you-go model and permit small weekly payments over a five-year period, enabling villagers to meet their energy needs sustainably and independently.
Contact Information
Website
Ownership Status
Privately Held (backing)
Financing Status
Venture Capital-Backed
Primary Industry
Alternative Energy Equipment
Other Industries
Energy Production
Other Energy Services
Primary Office
- 821 East Washington Avenue
- Madison, WI
- United States
NovoMoto Timeline
NovoMoto Valuation & Funding
Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
---|---|---|---|---|---|---|
11. Equity Crowdfunding | 30-Jun-2020 | $422K | 00000 | Completed | Generating Revenue | |
10. Early Stage VC | 03-Jun-2020 | 00000 | 00000 | Completed | Generating Revenue | |
9. Angel (individual) | 07-Jun-2018 | 00000 | 00000 | Completed | Generating Revenue | |
8. Grant | 01-Jan-2018 | 00000 | 00000 | Completed | Generating Revenue | |
7. Accelerator/Incubator | 00000 | Completed | Generating Revenue | |||
6. Accelerator/Incubator | 25-Aug-2017 | 0000 | 00000 | Completed | Generating Revenue | |
5. Accelerator/Incubator | 14-Aug-2017 | 00000 | Completed | Generating Revenue | ||
4. Grant | 01-Jan-2017 | 00000 | Completed | Generating Revenue | ||
3. Angel (individual) | $110K | $110K | Completed | Generating Revenue | ||
2. Grant | 13-Apr-2016 | $40K | Completed | Generating Revenue |
NovoMoto Executive Team (2)
Name | Title | Board Seat | Contact Info |
---|---|---|---|
Aaron Olson Ph.D | Co-Founder & Co-Chief Executive Officer | ||
Mehrdad Arjmand Ph.D | Co-Founder & Co-Chief Executive Officer |
NovoMoto Signals
Growth Rate

0.80%
Weekly
Growth
Growth
Weekly Growth
0.80%, 93rd %ile

-35.5%.
530%
Size Multiple

219x
Median
Size Multiple
219x, 100th %ile

0.00x
0.95x.
413Kx
Key Data Points
Twitter Followers
5.5k

Similarweb Unique Visitors
15.0K

Majestic Referring Domains
314

PitchBook’s non-financial metrics help you gauge a company’s traction and growth using web presence and social reach.
Request a free trialNovoMoto Investors (9)
Investor Name | Investor Type | Holding | Investor Since | Participating Rounds | Contact Info |
---|---|---|---|---|---|
Pearl Gray Equity Partners | Impact Investing | Minority | 000 0000 | 000000 0 | |
Wisconsin Governor's Business Plan contest | Government | 000 0000 | 000000 0 | ||
WERCBench Labs | Accelerator/Incubator | 000 0000 | 000000 0 | ||
gBETA | Accelerator/Incubator | 000 0000 | 000000 0 | ||
Wisconsin Technology Council | Government | 000 0000 | 000000 0 |