About Novalte
Novalte is a company based in Cambridge (Canada) founded in 2014. Novalte has raised $30 thousand across 1 funding round from investors including Accelerator Centre. Novalte operates in a competitive market with competitors including InteliCare, HouseMate, Wisdom.io, Tochtech Technologies and BrainSavers, among others.
- Headquarter Cambridge, Canada
- SectorsHealthcare
- Email••••••••
- Phone•••• ••••
- Website novalte.ca
- Social LinkedIn X Facebook
- Total Equity Funding$30K (USD)
in 1 rounds
- Latest Funding Round$30K (USD), Seed
Jun 2018
- Investors
Funding Insights of Novalte
Novalte has successfully raised a total of $30K through 1 strategic funding round. The most recent funding activity was a Seed round of $30 thousand completed in June 2018. 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 $30,000
- Total Rounds 1
- Last Round Seed — $30,000
- First Round $30,000
(Jun 2018)
- Investors Count 1
All 1 funding rounds of Novalte with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun 2018 | $30,000 | Seed | – | Accelerator Centre | – |
1 investors in total: 1 institutional.
Investors in Novalte
Novalte has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Accelerator Centre.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Startups are built and accelerated in a structured studio environment. | – | acceleratorcentre.com | Waterloo, Canada |
Investor details for Novalte
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Timeline of Novalte
2 dated milestones of Novalte across 4 years, from founding to its latest funding, stage changes and deals.
- Founded Novalte is founded.
- Funding First funding round of $30K.
Competitors of Novalte
Novalte 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 InteliCare, HouseMate, Wisdom.io, Tochtech Technologies and BrainSavers, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| intelicare.com.au | 2017 | Perth, Australia | – | – | Provider of smart home monitoring devices for ageing and disabled people | |
| housemate.ie | 1997 | Kilkenny, Ireland | – | – | Smart technology for controlling home environments and assistive devices. | |
| mywisdom.io | 2023 | New York, United States | $25,000 | – | Provider of smart home care system for older adults | |
| tochtech.com | 2014 | Vancouver, Canada | – | – | Offers smart devices for senior monitoring, safety, and independent living support. | |
| brainsavers.com | 2004 | Phoenix, United States | $1.2M | – | Provider of smart devices for brain health management | |
| vayyarhome.com | 2020 | Yehud, Israel | – | – | Develops radar-based sensors for fall detection in elderly care facilities worldwide. | |
| studiodoozy.com | 2017 | Kwun Tong, China | – | – | Human-centered design practice for digital solutions and community engagement. | |
| fanmiot.com | 2017 | Hefei, China | – | – | Offers smart health and safety monitoring systems for elderly care. |
Detailed competitors of Novalte
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Similar companies to Novalte
10 companies that operate in the same segment as Novalte (Assistive & Age Tech Solutions), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Ride-sharing service for children's healthcare transportation is managed digitally. | 2014 | South Pasadena, California, United States | USD 105.52 M | – | 123 | |
Robotic arms are provided for mobility and rehabilitation support. | 2004 | Boston, Massachusetts, United States | USD 17.21 M | USD 40.93 M | 185 | |
Hearing loss treatment devices are developed by WS Audiology. | 2019 | Allerød, Denmark | – | – | – | |
Aira is focused on providing remote video interpreting services for accessibility. | 2014 | San Diego, California, United States | USD 192.2 M | – | – | |
Exoskeletons for medical rehabilitation and industrial productivity are provided. | 2005 | United States | USD 24.37 M | USD 71.6 M | 61 | |
Senior members are connected with caregivers through a digital platform. | 2017 | Miami, Florida, United States | USD 424.98 M | – | – | |
Online job portal for disabled people | 2014 | Sydney, New South Wales, Australia | USD 40 M | USD 61.44 M | – | |
Provider of home care and senior care services | 2014 | Omaha, Nebraska, United States | USD 210 M | – | 2,258 | |
Personal electric wheelchairs for mobility support are developed. | 2012 | Shinagawa, Tokyo, Japan | USD 62.5 M | – | – | |
AI-based fall detection and prevention technology is provided for clinics. | 2014 | San Francisco, California, United States | USD 102.5 M | – | 85 |
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Frequently Asked Questions about Novalte
Novalte was founded in 2014 and raised its 1st funding round 4 years after it was founded.
Novalte is headquartered in Cambridge, Canada. It is registered at Cambridge, Ontario, Canada.
Novalte is a funded company, having raised a total of $30K across 1 funding round to date. The company's 1st funding round was a Seed of $30K, raised on Jun 2018.
Novalte was founded in 2014 in Cambridge, Canada, and operates in the assistive technology sector. A cloud-based device called Emitto is offered, which connects to various smart devices. Control is enabled through voice commands, accessible switches, smartphones, Google Home, and other interfaces. The ecosystem targets individuals facing upper mobility challenges, facilitating integration with everyday technologies.
Novalte's top competitors include Wisdom.io, BrainSavers and InteliCare.
Novalte has 1 investor. Key investors include Accelerator Centre.