NovaData Solutions Overview

  • Year Founded
  • 2021

Year Founded

  • Status
  • Private

  • Employees
  • 14

Employees

  • Latest Deal Type
  • Early Stage VC

  • Latest Deal Amount
  • $415K

  • Investors
  • 3

NovaData Solutions General Information

Description

Developer of a proprietary technology designed to automate the identification of issues on property restoration invoices. The company's platform offers a fast, accurate auditing process for automated restoration invoice processing and analysis by utilizing data capture and machine learning to reduce processing time and identify potential errors in claims, enabling insurance companies, adjusting firms, and risk management professionals to quickly find savings while reducing time and expense.

Contact Information

Website
www.novadata-solutions.com
Ownership Status
Privately Held (backing)
Financing Status
Venture Capital-Backed
Corporate Office
  • 237 Valley Ridge Road
  • Haverford, PA 19041
  • United States
+1 (302)
Primary Industry
Business/Productivity Software
Other Industries
Financial Software
Other Financial Services
Vertical(s)
Big Data, SaaS, Artificial Intelligence & Machine Learning, FinTech
Corporate Office
  • 237 Valley Ridge Road
  • Haverford, PA 19041
  • United States
+1 (302)

NovaData Solutions Timeline

2022202320242025
Financing RoundCaptured Employee CountEstimated Employee Growth

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NovaData Solutions Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
2. Early Stage VC 04-Feb-2025 $415K Completed Generating Revenue
1. Early Stage VC (Series A) 12-Feb-2024 Completed Generating Revenue
To view NovaData Solutions’s complete valuation and funding history, request access »

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NovaData Solutions Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
Developer of a proprietary technology designed to automate the identification of issues on property restoration invoices
Business/Productivity Software
Haverford, PA
14 As of 2025

San Francisco, CA
 

Singapore, Singapore
 
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NovaData Solutions Competitors (7)

One of NovaData Solutions’s 7 competitors is Indio Technologies, a Private Equity-Backed company based in San Francisco, CA.

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
Indio Technologies Private Equity-Backed San Francisco, CA
AMTD PolicyPal Private Equity-Backed Singapore, Singapore
Corvus Formerly VC-backed Boston, MA
Slice (New York) Venture Capital-Backed New York, NY
Sure Venture Capital-Backed New York, NY
You’re viewing 5 of 7 competitors. Get the full list »

NovaData Solutions Patents

  • 1

    Total Documents Applications and Grants

  • Total Patents Families

  • Granted

  • 1

    Pending

  • Expiring in next 12 mo

NovaData Solutions Recent Patent Activity

Publication ID Patent Title Status First Filing Date Technology (CPC) Citations
US-20240169405-A1 Peer-based auditing system and method Pending 23-Nov-2022

NovaData Solutions Signals

Growth Rate

Weekly
Growth
Weekly Growth

Size Multiple

Median
Size Multiple

Key Data Points

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Majestic Referring Domains

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NovaData Solutions Investors (3)

Investor Name Investor Type Holding Investor Since Participating Rounds
Activate Venture Partners Venture Capital Minority
Ben Franklin Technology Partners of Northeastern Pennsylvania Venture Capital Minority
Ben Franklin Technology Partners of Southeastern Pennsylvania Accelerator/Incubator Minority
To view NovaData Solutions’s complete investors history, request access »

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NovaData Solutions FAQs

  • When was NovaData Solutions founded?

    NovaData Solutions was founded in 2021.

  • Where is NovaData Solutions headquartered?

    NovaData Solutions is headquartered in Haverford, PA.

  • What is the size of NovaData Solutions?

    NovaData Solutions has 14 total employees.

  • What industry is NovaData Solutions in?

    NovaData Solutions’s primary industry is Business/Productivity Software.

  • Is NovaData Solutions a private or public company?

    NovaData Solutions is a Private company.

  • What is NovaData Solutions’s current revenue?

    The current revenue for NovaData Solutions is .

  • How much funding has NovaData Solutions raised over time?

    NovaData Solutions has raised $3.12M.

  • Who are NovaData Solutions’s investors?

    Activate Venture Partners, Ben Franklin Technology Partners of Northeastern Pennsylvania, and Ben Franklin Technology Partners of Southeastern Pennsylvania have invested in NovaData Solutions.

  • Who are NovaData Solutions’s competitors?

    Indio Technologies, AMTD PolicyPal, Corvus, Slice (New York), and Sure are some of the 7 competitors of NovaData Solutions.

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