About NovaData Solutions
NovaData Solutions is a company based in Haverford (United States) founded in 2021 by Chris Troy and Anthony Troy.. NovaData Solutions has raised $4.12 million across 4 funding rounds from investors including Ben Franklin Technology Partners and Activate Venture Partners. NovaData Solutions offers products and services including Rest-Assured Platform and Invoice Submission Service. NovaData Solutions operates in a competitive market with competitors including Seek Now, iink, Accurence, Dorothy and ClaimDeck, among others.
- Headquarter Haverford, United States
- Founders Chris Troy, Anthony Troy
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Sectors
Financial Services
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Phone
*********
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Website
*********
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Social
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- Legal Name Samos Com Srl
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$4.12 M (USD)
in 4 rounds
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Latest Funding Round
$415 K (USD), Series A
Feb 03, 2025
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Investors
Ben Franklin Technology Partners
& 1 more
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Employee Count
Employee Count
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Products & Services of NovaData Solutions
NovaData Solutions offers a comprehensive portfolio of products and services, including Rest-Assured Platform and Invoice Submission Service. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Automates detection of overcharges in property restoration invoices quickly.
Facilitates easy submission and processing of restoration bills via email.
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Funding Insights of NovaData Solutions
NovaData Solutions has successfully raised a total of $4.12M across 4 strategic funding rounds. The most recent funding activity was a Series A round of $415 thousand completed in February 2025. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 4
- Last Round Series A — $415,000
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First Round
First Round
(31 Aug 2022)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Feb, 2025 | Amount | Series A - NovaData Solutions | Valuation |
investors |
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| Feb, 2024 | Amount | Series A - NovaData Solutions | Valuation | Activate Venture Partners | |
| Sep, 2022 | Amount | Seed - NovaData Solutions | Valuation |
investors |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in NovaData Solutions
NovaData Solutions has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include Ben Franklin Technology Partners and Activate Venture Partners. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Early-stage venture capital is provided by Activate Venture Partners.
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Founded Year | Domain | Location | |
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Investment and support are provided for Pennsylvania's tech-based companies.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by NovaData Solutions
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - NovaData Solutions
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Novadata Solutions Comparisons
Competitors of NovaData Solutions
NovaData Solutions operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Seek Now, iink, Accurence, Dorothy and ClaimDeck, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Provider of photography, VR floor planning, AI, and interior inspection services
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| domain | founded_year | HQ Location |
Property insurance claim payments are streamlined via digital multi-party processing.
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| domain | founded_year | HQ Location |
Onsite inspections for property insurance claims are automated by Accurence.
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| domain | founded_year | HQ Location |
Dorothy is recognized for connecting policyholders with public adjusters.
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| domain | founded_year | HQ Location |
Litigation management software for insurance claims processing and analytics
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Novadata Solutions
Frequently Asked Questions about NovaData Solutions
When was NovaData Solutions founded?
NovaData Solutions was founded in 2021 and raised its 1st funding round 1 year after it was founded.
Where is NovaData Solutions located?
NovaData Solutions is headquartered in Haverford, United States. It is registered at Haverford, Pennsylvania, United States.
Who is the current CEO of NovaData Solutions?
Anthony Troy is the current CEO of NovaData Solutions. They have also founded this company.
Is NovaData Solutions a funded company?
NovaData Solutions is a funded company, having raised a total of $4.12M across 4 funding rounds to date. The company's 1st funding round was a Seed of $1M, raised on Aug 31, 2022.
What does NovaData Solutions do?
NovaData Solutions was founded in 2021 and is based in Haverford, United States. A platform is provided for the automated review and processing of invoices related to property claims within the insurance sector. Advanced data strategies and AI learning are utilized to enhance operational efficiencies and support higher recovery rates. Operations focus on streamlining claims handling through technology-driven services.
Who are the top competitors of NovaData Solutions?
What products or services does NovaData Solutions offer?
NovaData Solutions offers Rest-Assured Platform and Invoice Submission Service.
Who are NovaData Solutions's investors?
NovaData Solutions has 2 investors. Key investors include Ben Franklin Technology Partners, and Activate Venture Partners.
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