Novi

Larkspur, United States Founded: 2019 • Age: 7 yrs
Novi is focused on enhancing AI-driven shopping experiences.

About Novi

Novi is an Industrial Goods & Manufacturing company based in Larkspur (United States) founded in 2019 by Jaleh Bisharat. Novi is focused on enhancing AI-driven shopping experiences. It operates on a AI-as-a-Service and Professional Services model in Industrial Goods & Manufacturing, Technology, and Retail sectors. 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. Novi offers products and services including Novi AI Shopping Optimizer and Verified Claims Merchandising. Its focus areas include Artificial Intelligence, AI Shopping Solutions, E-Commerce and Product Verification. Its legal entity is Novi Connect. Its competitors include Centric Software, Shippo and ShipBob; 3 of its 3 listed competitors have raised funding.

Company details

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.

  • Headquarters Larkspur, United States
  • Employees 16
  • Founders Jaleh Bisharat
  • Sectors
    Industrial Goods & Manufacturing
    Technology Retail Transportation, Automotive & Logistics
  • Email
    ••••••••
  • Website noviconnect.com
  • Social LinkedIn X Facebook Instagram
  • Legal Name Novi Connect
Key Metrics
  • Total Equity Funding
    $51.65M (USD)

    in 3 rounds

  • Latest Funding Round
    $40M (USD), Series B

    Feb 2022

  • Investors
  • Employee Count
    16

Products & Services of Novi

Novi offers a comprehensive portfolio of products and services, including Novi AI Shopping Optimizer and Verified Claims Merchandising.

Novi AI Shopping Optimizer
AI Technology

AI tool optimizes product visibility and rankings effectively.

Verified Claims Merchandising
Retail Solutions

Verified claims enhance product trust and discovery online.

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.

  • Total Funding $51.65M
  • Total Rounds 3
  • Last Round Series B — $40M
  • First Round $1.35M

    (Feb 2020)

  • Investors Count 6

All 3 funding rounds of Novi with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Feb 2022$40MSeries B–Tiger Global Management
Sep 2021$10.3MSeries A–Greylock, Defy
Feb 2020$1.35MSeed––
–
Valuation history

6 investors in total: 4 institutional and 2 angel.

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.

All
Venture Fund
Angel
InvestorDescriptionFounded YearDomainLocation
Venture and private equity investments are managed with global diversification.
tigerglobal.comNew York, United States
Early-stage venture capital investments are made in US geographies.
defy.vcWoodside, United States
Venture capital firm specializing in early-stage tech investments and founder support.
1965greylock.com
Regional venture capital fund supporting Marin and Sonoma startups.
msivfund.com

Thomas Layton

Angel investor, ex-CEO of OpenTable, active in Indian startups
unknown_f3a10d5185f8452a9

Yannis Skoufalos

unknown_3c19bd2afe754bf38
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Investor details for Novi

The complete investor list, round-by-round participation and investor portfolios require an active premium plan.

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  • Round participation
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Verified entity values are shown only after access is granted.

People of Novi

20 people are tracked at Novi (9 in leadership, 11 in team); the tracked headcount is 16.

NameRoleGroup
Jaleh Bisharat
Co-FounderLeadership
Kimberly Shenk
CEO & co-FounderLeadership
Natasha Damner
Executive Assistant To Co-founder | Chief Executive OfficerLeadership
Rebecca Cronin-Dixon (Beck)
Head Of DataLeadership
Maddie W.
Director Of Brand Sales And Revenue OperationsLeadership
Daniel Brown
Head Of RevenueLeadership
Haley Elsome
Account DirectorLeadership
Ava Woychuk-Mlinac
Director Of Business OperationsLeadership
Jeremy Bakker
Director Of EngineeringLeadership
Will Gaggioli
Staff Software EngineerTeam
Pemberton Heath
Software EngineerTeam
Will Schneider
Brand Success ManagerTeam
Christian Jensen
Staff Software DeveloperTeam
Nicole D'Anton
Product ManagerTeam
Dana Roazzi
Enterprise SalesTeam
Maxwell Morrison
Data AnalystTeam
Eric Limeback
Analytics EngineerTeam
Azad Salahlı
Senior Software EngineerTeam
Donya Fozoonmayeh
Senior Machine Learning EngineerTeam
Tatiana Crawford
Group Product ManagerTeam
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Complete people profiles for Novi

Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.

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Verified entity values are shown only after access is granted.

Timeline of Novi

3 dated milestones of Novi across 3 years, from founding to its latest funding, stage changes and deals.

  1. Founded Novi is founded.
  2. Funding First funding round of $1.4M.
  3. Funding Latest funding round, Series B, of $40.0M.

Competitors of Novi

Novi has 3 listed competitors in our database, 3 of them funded. They include Centric Software, Shippo and ShipBob.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
centricsoftware.com1997Los Gatos, United States$80.92M165
Platform offering software product lifecycle management software
goshippo.com2013San Francisco, United States$154M127
Web-based shipping solutions are provided for e-commerce businesses.
shipbob.com2014Chicago, United States$332.7M1,338
E-commerce fulfillment solutions are provided for direct-to-consumer brands.
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Detailed competitors of Novi

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.

Web traffic of Novi

The website of Novi (noviconnect.com) receives about 9.2K visits a month.

  • Monthly visits
    9.2K

    ▲ 5.8% vs previous month

Similar websites

Websites whose visitors overlap most with Novi. Affinity shows how closely the audiences match.

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
askattest.com
100%
325.7K#159,854View details
novicambridge.co.uk
novicambridge.co.uk
48%
#3,982,318–

Top companies in Materials Equipment & Tech

3 companies that operate in the same segment as Novi (Materials Equipment & Tech) in United States, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Schrödinger is recognized for developing physics-based software platforms for molecular discovery.
1990New York, New York, United StatesUSD 162 MUSD 255.87 M891
Critical minerals are recovered from e-waste via electro-extraction technology.
2017Knoxville, Tennessee, United StatesUSD 65.23 M
Provider of AI-based solutions for materials informatics
2013Redwood City, California, United StatesUSD 81.26 M53
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Related news about 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. The company's 1st funding round was a Seed of $1.35M, raised on Feb 2020.

Novi has 16 employees.

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 Shippo, ShipBob and Centric Software.

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.

Novi operates through Novi Connect.

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