About Novi
Novi is a company based in Larkspur (United States) founded in 2019 by Jaleh Bisharat. It operates as a AI-as-a-Service and Professional Services. Novi has raised $51.65 million across 3 funding rounds from investors including Tiger Global, defy vc and Greylock Partners. The company has 16 employees as of December 31, 2022. Novi offers products and services including Novi AI Shopping Optimizer and Verified Claims Merchandising. Novi operates in a competitive market with competitors including Coupang, Centric Software, Shiprocket, Shippo and ShipBob, among others.
- Headquarter Larkspur, United States
- Employees 16 as on 31 Dec, 2022
- Founders Jaleh Bisharat
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Sectors
Industrial Goods & ManufacturingTechnology Retail Transportation, Automotive & Logistics
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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 Novi Connect
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$51.65 M (USD)
in 3 rounds
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Latest Funding Round
$40 M (USD), Series B
Feb 03, 2022
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Investors
Tiger Global
& 5 more
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Employee Count
16
as on Dec 31, 2022
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Products & Services of Novi
Novi offers a comprehensive portfolio of products and services, including Novi AI Shopping Optimizer and Verified Claims Merchandising.
AI tool optimizes product visibility and rankings effectively.
Verified claims enhance product trust and discovery online.
People of Novi
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Funding Insights of Novi
Novi has successfully raised a total of $51.65M across 3 strategic funding rounds. The most recent funding activity was a Series B round of $40 million completed in February 2022. 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 Novi
Novi has secured backing from 6 investors, including venture fund and angel investors. Prominent investors backing the company include Tiger Global, defy vc and Greylock Partners.
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Venture and private equity investments are managed with global diversification.
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Early-stage venture capital investments are made in US geographies.
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Venture capital firm specializing in early-stage tech investments and founder support.
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Investor details for Novi
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Investments & Acquisitions by Novi
Investment portfolio details for Novi
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Financial Statements - Novi
Detailed financials for Novi
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Novi Comparisons
Peer comparison for Novi
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Competitors of Novi
Novi 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 Coupang, Centric Software, Shiprocket, Shippo and ShipBob, among others.
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Multi-category consumer products are sold via an online marketplace.
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Platform offering software product lifecycle management software
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E-commerce tools for shipping, marketing, and financial services are provided.
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Web-based shipping solutions are provided for e-commerce businesses.
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E-commerce fulfillment solutions are provided for direct-to-consumer brands.
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Anti-counterfeiting barcode solutions are supplied to brands and retailers.
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Detailed competitors of Novi
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Latest news on Novi
Complete news archive for Novi
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Frequently Asked Questions about Novi
Novi was founded in 2019 and raised its 1st funding round 1 year after it was founded.
Novi is headquartered in Larkspur, United States. It is registered at Larkspur, Colorado, United States.
Novi is a funded company, having raised a total of $51.65M across 3 funding rounds to date.
As of Dec 31, 2022, the latest employee count at Novi is 16.
Novi is engaged in providing AI-driven solutions for shopping optimization. Services are offered to brands, retailers, and certifiers to improve product visibility and trust through verified claims. The platform is designed to boost rankings and conversion rates in AI shopping environments. Sectors served include retail and technology, with a focus on sustainable and conscious commerce. Solutions are tailored to address the growing importance of trust signals in personalized AI queries.
Novi's top competitors include Coupang, Shiprocket and Shippo.
Novi offers Novi AI Shopping Optimizer and Verified Claims Merchandising.
Novi has 6 investors. Key investors include Tiger Global, defy vc, Greylock Partners, Marin Sonoma Impact Ventures, and Thomas Layton.