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
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Sectors
Financial Services
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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
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$15.78 M (USD)
in 1 rounds
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Latest Funding Round
$15.78 M (USD), Seed
Feb 23, 2024
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Investors
IGNIA
& 3 more
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Employee Count
Employee Count
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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™. 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.
Non-dilutive capital for SaaS revenue acceleration
Capital to enhance profitability and scale operations
Quick funding for immediate cashflow needs
Platform to connect with venture capital partners
Tools for business metrics, valuation, and funding decisions
Unlock access to complete
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.
- Total Funding Total Funding
- Total Rounds 1
- Last Round Seed — $15.8M
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First Round
First Round
(23 Feb 2024)
- Investors Count 4
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Feb, 2024 | Amount | Seed - Novel Capital | Valuation | IGNIA , Ulu Ventures |
| 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 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. 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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Venture capital investments are made by IGNIA across multiple sectors.
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Founded Year | Domain | Location | |
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Seed-stage funding is provided to innovative founder teams.
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Founded Year | Domain | Location | |
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Venture capital investments are made in early-stage Latin startups.
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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 Novel Capital
| 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 - Novel Capital
| 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 |
Novel Capital Comparisons
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. 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 |
Revenue-based financing is offered to eCommerce and SaaS businesses.
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| domain | founded_year | HQ Location |
Revenue-based financing is provided to businesses via an online platform.
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| domain | founded_year | HQ Location |
Specialized lending is provided to SaaS and recurring revenue companies.
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| domain | founded_year | HQ Location |
Revenue-based financing is provided to small businesses online.
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| domain | founded_year | HQ Location |
Private debt fund focused on small and medium businesses
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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 Novel Capital
Frequently Asked Questions about Novel Capital
When was Novel Capital founded?
Novel Capital was founded in 2018 and raised its 1st funding round 6 years after it was founded.
Where is Novel Capital located?
Novel Capital is headquartered in Overland Park, United States. It is registered at Overland Park, Kansas, United States.
Who is the current CEO of Novel Capital?
Carlos Antequera is the current CEO of Novel Capital. They have also founded this company.
Is Novel Capital a funded company?
Novel Capital is a funded company, having raised a total of $15.78M across 1 funding round to date. The company's 1st funding round was a Seed of $15.78M, raised on Feb 23, 2024.
What does Novel Capital do?
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.
Who are the top competitors of Novel Capital?
Novel Capital's top competitors include Clearco, Lighter Capital and Element SaaS Finance.
What products or services does Novel Capital offer?
Novel Capital offers Platform Capital, Growth Capital, Short-Term Capital, VentureMatch™, and Capital Intelligence™.
Who are Novel Capital's investors?
Novel Capital has 4 investors. Key investors include IGNIA, Ulu Ventures, MatterScale, and Gaingels.
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