Novel Capital Overview

  • Year Founded
  • 2017

Year Founded

  • Status
  • Private

  • Employees
  • 45

Employees

  • Latest Deal Type
  • Later Stage VC

  • Latest Deal Amount
  • $15.8M

  • Investors
  • 9

Novel Capital General Information

Description

Developer of a revenue-based financing platform intended to offer an alternative funding method to entrepreneurs. The company's platform offers capital, resources, and support based on key company data points and financial metrics, enabling companies with recurring revenue to accelerate growth.

Contact Information

Formerly Known As
Novel Growth Partners
Ownership Status
Privately Held (backing)
Financing Status
Venture Capital-Backed
Corporate Office
  • 6701 West 64th Street
  • Suite 300
  • Overland Park, KS 66202
  • United States
+1 (913)
Primary Industry
Financial Software
Other Industries
Specialized Finance
Other Financial Services
Vertical(s)
SaaS, FinTech
Corporate Office
  • 6701 West 64th Street
  • Suite 300
  • Overland Park, KS 66202
  • United States
+1 (913)

Novel Capital Timeline

2022202320242025
Financing RoundCaptured Employee CountEstimated Employee Growth

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Novel Capital Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
3. Later Stage VC 08-Mar-2024 $15.8M Completed Generating Revenue
2. Early Stage VC (Series A) 18-Jul-2022 Completed Generating Revenue
1. Seed Round 01-Jul-2021 Completed Startup
To view Novel Capital’s complete valuation and funding history, request access »

VC Exit Predictor

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Opportunity Score

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Exit Type

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Novel Capital Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
Developer of a revenue-based financing platform intended to offer an alternative funding method to entrepreneurs. The co
Financial Software
Overland Park, KS
45 As of 2024

San Francisco, CA
 

New York, NY
 
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Novel Capital Competitors (2)

One of Novel Capital’s 2 competitors is Pipe, a Venture Capital-Backed company based in San Francisco, CA.

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
Pipe Venture Capital-Backed San Francisco, CA
Capchase Venture Capital-Backed New York, NY
You’re viewing 2 of 2 competitors. Get the full list »

Novel Capital Signals

Growth Rate

Weekly
Growth
Weekly Growth

Size Multiple

Median
Size Multiple

Key Data Points

Similarweb Unique Visitors

Majestic Referring Domains

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Novel Capital Investors (9)

Investor Name Investor Type Holding Investor Since Participating Rounds
Gaingels Venture Capital Minority
IGNIA Partners Venture Capital Minority
Community Investment Management Lender/Debt Provider Minority
Edovate Capital Venture Capital Minority
KCRise Fund Venture Capital Minority
You’re viewing 5 of 9 investors. Get the full list »

Novel Capital Investments (2)

Novel Capital’s most recent deal was a Later Stage VC with iPost. The deal was made on 01-Mar-2023.

Company Name Deal Date Deal Type Deal Size Industry Lead Partner
iPost 01-Mar-2023 Later Stage VC Media and Information Services (B2B)
Myte 21-Mar-2022 Early Stage VC Business/Productivity Software
To view Novel Capital’s complete investments history, request access »

Novel Capital FAQs

  • When was Novel Capital founded?

    Novel Capital was founded in 2017.

  • Where is Novel Capital headquartered?

    Novel Capital is headquartered in Overland Park, KS.

  • What is the size of Novel Capital?

    Novel Capital has 45 total employees.

  • What industry is Novel Capital in?

    Novel Capital’s primary industry is Financial Software.

  • Is Novel Capital a private or public company?

    Novel Capital is a Private company.

  • What is Novel Capital’s current revenue?

    The current revenue for Novel Capital is .

  • How much funding has Novel Capital raised over time?

    Novel Capital has raised $131M.

  • Who are Novel Capital’s investors?

    Gaingels, IGNIA Partners, Community Investment Management, Edovate Capital, and KCRise Fund are 5 of 9 investors who have invested in Novel Capital.

  • Who are Novel Capital’s competitors?

    Pipe and Capchase are competitors of Novel Capital.

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