Novel Capital

Overland Park, United States Founded: 2018 • Age: 8 yrs
Revenue-based financing is offered to software businesses online.
Annual revenue - Latest available
Total funding $15.8M 1 rounds
Employees - Tracked headcount
Investors 4 Known backers
Products 5 Services tracked
Competitors 8 Brand Intelligence

About Novel Capital

Novel Capital is a company based in Overland Park (United States) founded in 2018 by Keith Harrington and Carlos Antequera. Novel Capital has raised $15.78 million across 1 funding round from investors including IGNIA, Ulu Ventures and MatterScale. Novel Capital offers products and services including Platform Capital, Growth Capital, Short-Term Capital, VentureMatch™, and Capital Intelligence™. Novel Capital operates in a competitive market with competitors including Clearco, Lighter Capital, Element SaaS Finance, Fintegra and Finovance, among others.

  • Headquarter Overland Park, United States
  • Founders Keith Harrington, Carlos Antequera
  • Sectors
    Financial Services
  • Email
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  • Phone
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  • Website
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  • Social
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  • Legal Name Novel Growth Partners California Investments, Llc
Operational Areas
Financial Services → FinTech & Digital Finance Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $15.78 M (USD)

    in 1 rounds

  • Latest Funding Round
    $15.78 M (USD), Seed

    Feb 23, 2024

  • Investors
    IGNIA

    & 3 more

  • Employee Count
    Not available
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Products & Services of Novel Capital

Novel Capital offers a comprehensive portfolio of products and services, including Platform Capital, Growth Capital, Short-Term Capital, VentureMatch™, and Capital Intelligence™.

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Primary

Non-dilutive capital for SaaS revenue acceleration

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Capital to enhance profitability and scale operations

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Quick funding for immediate cashflow needs

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Platform to connect with venture capital partners

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Tools for business metrics, valuation, and funding decisions

People of Novel Capital

Headcount 10-50
Employee Profiles 10
Employee Profiles
People
Chris Downey
Vice President Of Product Management
People
Keith Harrington
COO
People
Mike Luebbers
Chief Credit Officer
People
Carlos Antequera
Co-founder & CEO

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Funding Insights of Novel Capital

Novel Capital has successfully raised a total of $15.78M through 1 strategic funding round. The most recent funding activity was a Seed round of $15.78 million completed in February 2024. 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.

Investors in Novel Capital

Novel Capital has secured backing from 4 investors, including venture fund investors. Prominent investors backing the company include IGNIA, Ulu Ventures and MatterScale.

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Venture Fund
Investor Description Founded Year Domain Location
Venture capital investments are made by IGNIA across multiple sectors.
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Seed-stage funding is provided to innovative founder teams.
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Venture capital investments are made in early-stage Latin startups.
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Investor details for Novel Capital

Investor domains, locations, round participation, and complete history require an active premium plan.

  • Investor domains
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Investments & Acquisitions by Novel Capital

Investments
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Investment portfolio details for Novel Capital

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  • Portfolio identities
  • Transaction dates
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Financial Statements - Novel Capital

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Detailed financials for Novel Capital

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Novel Capital Comparisons

Novel Capital Primary company
Description
Revenue-based financing is offered to software businesses on...
Location
Overland Park, United States
Founded Year
2018
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
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Peer comparison for Novel Capital

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Competitors of Novel Capital

Novel Capital 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 Clearco, Lighter Capital, Element SaaS Finance, Fintegra and Finovance, among others.

Company Name Domain Founded year HQ Location Description
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Revenue-based financing is offered to eCommerce and SaaS businesses.
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Revenue-based financing is provided to businesses via an online platform.
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Specialized lending is provided to SaaS and recurring revenue companies.
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Revenue-based financing is provided to small businesses online.
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Private debt fund focused on small and medium businesses
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Detailed competitors of Novel Capital

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Latest news on Novel Capital

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Complete news archive for Novel Capital

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Frequently Asked Questions about Novel Capital

Novel Capital was founded in 2018 and raised its 1st funding round 6 years after it was founded.

Novel Capital is headquartered in Overland Park, United States. It is registered at Overland Park, Kansas, United States.

Carlos Antequera is the current CEO of Novel Capital. They have also founded this company.

Novel Capital is a funded company, having raised a total of $15.78M across 1 funding round to date.

Founded in 2018 and based in Overland Park, United States, Novel Capital operates as an online platform in the fintech sector. Revenue-based financing is extended to software businesses, with credit amounts determined by performance metrics. Integration with accounting and ERP software is required, followed by approval and transfer of funds to registered bank accounts. Operations focus on enabling access to capital tied to future revenue streams.

Novel Capital's top competitors include Clearco, Lighter Capital and Element SaaS Finance.

Novel Capital offers Platform Capital, Growth Capital, Short-Term Capital, VentureMatch™, and Capital Intelligence™.

Novel Capital has 4 investors. Key investors include IGNIA, Ulu Ventures, MatterScale, and Gaingels.

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