Novel

About Novel

Novel Capital provides non-dilutive funding solutions for B2B SaaS and tech companies, aiming to fuel revenue growth and enterprise value with flexible capital options. Their mission is to support SaaS founders with strategic financing that aligns with their growth goals, offering a blend of smart technology and human partnership.

Products & Services

Upfront Capital™:Offers up to $5M in non-dilutive capital within 30 days for B2B SaaS businesses with recurring revenue. Features flexible repayment terms, no warrants, no personal guarantees, and no penalties for early repayment.

Growth Capital:Provides financing tailored for scaling SaaS and tech companies, with options to draw capital on-demand over 12 months and terms that scale with revenue growth.

VentureMatch™:A service designed to connect SaaS founders with venture capitalists, revolutionizing the way they access investment opportunities.

Specialties

Non-dilutive funding for B2B SaaS Recurring revenue model expertise SaaS and tech company financing Flexible capital solutions

Funding History

Debug: View Raw Funding Data

#	Type	Amount Fields	Date Fields	Investors
1	RT: Pre Series A T: - FT: Pre Series A	A: 15000000 MR: - FA: $15M FAN: 15000000	D: 2024-05-29 FD: 2024-05-29	4 investors

Pre Series A Latest

2024-05-29

$15.0M

4 investors (Pro only)

Growth Metrics

+45%

Employee Growth

YoY

3.2x

Funding Growth

Last Round

12

Markets

Operating

10K+

Customers

Active

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Mock Up

Team & Leadership

C

Carlos Antequera

Co-Founder and CEO

K

Keith Harrington

Co-Founder and COO

M

Mike Luebbers

Chief Credit Officer

A

Adi Walavalkar

Chief Technology Officer

B

Brock Edwards

VP of Growth

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Recent News

Novel Announces New Product Launch

2 days ago

Company unveils innovative solution to transform the industry, expanding market reach and capabilities...

Leadership Team Expands with Industry Veteran

1 week ago

New executive brings 20+ years of experience to accelerate growth and strategic initiatives...

Company Recognized as Industry Leader

2 weeks ago

Receives prestigious award for innovation and customer satisfaction in competitive market...

Key Competitors

C1

Competitor Alpha

Series B · $50M raised

C2

Competitor Beta

Series C · $120M raised

C3

Competitor Gamma

Series A · $25M raised

C4

Competitor Delta

Seed · $10M raised