Tech Company Financing Transactions
Novidea Funding Round
On 5/3/2023, Novidea raised $50 million in Series C funding from Battery Ventures, Cross Creek Capital and Israel Growth Partners.
Transaction Overview
Company Name
Announced On
5/3/2023
Transaction Type
Venture Equity
Amount
$50,000,000
Round
Series C
Investors
Proceeds Purpose
This funds will go to the further development of its cloud-based, data-driven insurance platform, fortification of its customer success infrastructure, and expansion of teams and offices across all target markets in the US, UK, EMEA, and APAC.
Company Information
Company Status
Private & Independent
Industry
InsureTech
Mailing Address
The Gherkin 30 St Mary Axe
London, England, EC3A 8BF
UK
London, England, EC3A 8BF
UK
Phone
Website
Email Address
Overview
Our insurance distribution platform is built to digitalise insurance businesses. That means fuelling rapid growth, optimising customer experience, gleaning real-time insights and actionable intelligence, and more. Novidea leverages the power of Salesforce's Big Technology. It provides a complete ecosystem spanning every aspect of an insurance business. This enables full integration between customer-facing policy transactions and the middle and back office. Meanwhile, Novidea gathers customer data, turning it into actionable insights for delivering greater customer value through tailored products and services. All this happens in one platform that you can access anytime from anywhere.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chairman
Eran Ezer
Chief Executive Officer
Roi Agababa
Chief Marketing Officer
Julie Shafiki
VP - Human Resources
Merav Gadot
VP - R & D
Yaniv Arie
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