Novi Labs

Novi Labs Overview

  • Founded
  • 2014
Founded
  • Status
  • Private
  • Employees
  • 18
Employees
  • Latest Deal Type
  • Series A
  • Latest Deal Amount
  • $7M
Latest Deal Amount
  • Investors
  • 3

Novi Labs General Information

Description

Developer of a cloud-based software platform designed to optimize shale asset field development decisions in the oil and gas industry. The company's software leverages machine learning technologies for combining high-performance cloud computing resources with open source algorithms to evaluate large and heterogeneous data sets and discover hidden insights, enabling oil and gas companies to drive efficiency in planning workflows and optimize the economic value of drilling programs.

Contact Information

Ownership Status
Privately Held (backing)
Financing Status
Venture Capital-Backed
Primary Industry
Business/Productivity Software
Primary Office
  • 1905 Aldrich Street
  • Suite 220
  • Austin, TX 78723
  • United States
+1 (512) 000-0000

Novi Labs Timeline

2017201820192020
Financing RoundCaptured Employee CountEstimated Employee Growth
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Novi Labs Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
2. Later Stage VC (Series A) 15-May-2019 $7M 00.00 000.00 Completed Generating Revenue
1. Seed Round 05-Sep-2017 00.00 00.00 000.00 Completed Generating Revenue

Novi Labs Cap Table

To view Novi Labs‘s complete cap table, request access »
Stock # of Shares
Authorized
Par Value Dividend Rate (%) Original
Issue Price
Liquidation Liquidation
Pref. Multiple
Conversion Price % Owned
Series A 0,000,000 00.000000 00.0 00.0 00 00.0 00.000
Seed-3 000,000 00.000000 00.0 00.0 00 00.0 0.00
Seed-2 746,496 $0.000100 $0.67 $0.67 1x $0.67 3.75%
Seed-1 1,139,097 $0.000100 $0.7 $0.7 1x $0.7 5.73%

Novi Labs Executive Team (2)

Name Title Board Seat Contact Info
Jon Ludwig Founder & President
Scott Sherwood Chief Executive Officer

Novi Labs Investors (3)

To view Novi Labs‘s full investor history, request access »
Investor Name Investor Type Holding Investor Since Participating Rounds Contact Info
Bill Wood Ventures Venture Capital Minority 000 0000 000000 0
Cottonwood Venture Partners Growth/Expansion Minority 000 0000 000000 0
William Wood Angel (individual) Minority 000 0000 000000 0

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