Tech Company Financing Transactions
Novidea Funding Round
Novidea closed a $30 million funding round on 4/9/2024. Investors included HarbourVest Partners.
Transaction Overview
Company Name
Announced On
4/9/2024
Transaction Type
Venture Equity
Amount
$30,000,000
Round
Undisclosed
Investors
HarbourVest Partners (Corentin du Roy)
Proceeds Purpose
With this investment, Novidea will have the resources we need to further refine our product, expand our operations into new territories, and explore the possibilities of making strategic acquisitions in this space.
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.
Management Team
Title
Name
Email & Social
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