Tech Company Financing Transactions
NovaData Solutions Funding Round
NovaData Solutions, based in Haverford, raised funding from Activate Venture Partners and Ben Franklin Technology Partners.
Transaction Overview
Company Name
Announced On
3/20/2024
Transaction Type
Venture Equity
Amount
Unknown
Round
Series A
Investors
Activate Venture Partners (Lead Investor) (Jeff Davison)
Proceeds Purpose
Series A financing will enable the company to further enhance its software capabilities, expand its market reach, and accelerate its growth.
Company Information
Company Status
Private & Independent
Industry
InsureTech
Mailing Address
237 Valley Ridge Road
Haverford, PA 19041
USA
Haverford, PA 19041
USA
Phone
Website
Email Address
Not Recorded
Overview
NovaData Solutions is a Philadelphia-based insure-tech company offering a secure platform for automated invoice review, validation, and reconciliation. The platform, Rest-Assured®, leverages advanced data strategies and AI learning to drive operational efficiencies, increase recoveries and, ultimately, realize savings in time and expense.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Anthony Troy
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Where The Data Comes From
We do our best to report on funding rounds that are announced publicly. VC investment data records reported here are sourced from company press releases and news coverage. The information is sourced from VentureDeal.com, an affiliated venture.
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