NovoMoto Overview

  • Founded
  • 2015
Founded
  • Status
  • Private
  • Employees
  • 5
Employees
  • Latest Deal Type
  • Crowdfunding
  • Latest Deal Amount
  • $422K
Latest Deal Amount
  • 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
www.novomoto.net
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

2018201920202021
Financing RoundFinancing RoundCaptured Employee CountEstimated Employee Growth
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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
To view NovoMoto’s complete valuation and funding history, request access »

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
To view NovoMoto’s complete executive team members history, request access »

NovoMoto Signals

Growth Rate

0.80% Weekly
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

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NovoMoto 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
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