About Novae Group
Novae Group is a company based in London (United Kingdom) founded in 1986 was acquired by AXIS Capital in July 2017.. Novae Group offers products and services including Trailers and Dealer Support Services.
- Headquarter London, United Kingdom
- Stage Public
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Sectors
Agriculture
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Novae Llc
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
$249.7 K (USD), Grant
Mar 01, 2019
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Investors
AXIS Capital
& 1 more
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Employee Count
Employee Count
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Acquired by
AXIS Capital
(Jul 05, 2017)
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Products & Services of Novae Group
Novae Group offers a comprehensive portfolio of products and services, including Trailers and Dealer Support Services. 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.
Trailers are produced for various hauling purposes, ensuring strength and reliability in commercial applications
Support services are offered to dealers, including tools and resources for trailer configuration and sales
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Software Development Team
106 people
Leadership Team
72 people
Head Team
45 people
Senior Team
30 people
Finance and Accounting
24 people
Data Analysis and Operations Team
22 people
Human Resources and Administration
15 people
Legal and Compliance
14 people
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Funding Insights of Novae Group
- Total Funding Total Funding
- Total Rounds 1
- Last Round Grant — $249,703
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First Round
First Round
(01 Mar 2019)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar, 2019 | Amount | Grant - Novae Group | Valuation |
investors |
| 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 Novae Group
Novae Group has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include AXIS Capital and European Union. 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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Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability
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Founded Year | Domain | Location | |
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Diversified insurance services are provided across global markets.
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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 Novae Group
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
|
2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
|
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 - Novae Group
| 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 |
Novae Group Comparisons
Competitors of Novae Group
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| 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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Frequently Asked Questions about Novae Group
When was Novae Group founded?
Novae Group was founded in 1986 and raised its 1st funding round 33 years after it was founded.
Where is Novae Group located?
Novae Group is headquartered in London, United Kingdom. It is registered at London, England, United Kingdom.
Who is the current CEO of Novae Group?
Matthew Kailey Fosh is the current CEO of Novae Group.
What does Novae Group do?
Novae Group was established in 1986 as a manufacturer specializing in utility trailers, agricultural equipment, and commercial lawn care products. Operations are based in London, United Kingdom, with a focus on producing durable solutions for transportation and maintenance needs. The company is led by CEO Matthew Kailey Fosh, and its activities serve industries including agriculture and commercial services across domestic and international markets.
What products or services does Novae Group offer?
Novae Group offers Trailers and Dealer Support Services.
Who are Novae Group's investors?
Novae Group has 2 investors. Key investors include AXIS Capital, and European Union.
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