About Novo Group
Novo Group is a company based in Brookfield (United States) founded in 2003 was acquired by Recruiter.com in August 2021.. Novo Group has raised $554.97 thousand across 1 funding round from investors including Recruiter.com. Novo Group offers products and services including Slot Games, Live Casino, Sports Betting, and Arcade Games. Novo Group operates in a competitive market with competitors including ADP, UKG, Randstad, Bullhorn and Insperity, among others.
- Headquarter Brookfield, United States
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Sectors
Business 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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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$554.97 K (USD)
in 1 rounds
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Latest Funding Round
$554.97 K (USD), Seed
Mar 17, 2009
- Investors
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Employee Count
Employee Count
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Acquired by
Recruiter.com
(Aug 30, 2021)
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Products & Services of Novo Group
Novo Group offers a comprehensive portfolio of products and services, including Slot Games, Live Casino, Sports Betting, and Arcade Games. 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.
Online slot machines for user betting and entertainment.
Real-time casino games for interactive play.
Platform for wagering on sports events online.
Variety of arcade-style games for betting.
Funding Insights of Novo Group
Novo Group has successfully raised a total of $554.97K through 1 strategic funding round. The most recent funding activity was a Seed round of $554.97 thousand completed in March 2009. 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 — $554,973
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First Round
First Round
(17 Mar 2009)
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar, 2009 | Amount | Seed - Novo Group | Valuation |
investors |
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| 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 Novo Group
Novo Group has secured backing from 1 investor. Prominent investors backing the company include Recruiter.com. 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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Recruiters and employers are matched via an online marketplace.
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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 Novo Group
| 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 - Novo Group
| 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 |
Novo Group Comparisons
Competitors of Novo Group
Novo Group 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 ADP, UKG, Randstad, Bullhorn and Insperity, 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 |
Cloud-based HR management solutions are offered for payroll and compliance.
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| domain | founded_year | HQ Location |
Provider of HR and payroll & workforce management solutions
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| domain | founded_year | HQ Location |
HR consulting, recruitment, and outsourcing services are offered worldwide.
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| domain | founded_year | HQ Location |
Cloud-based ATS and CRM systems are offered for staffing agencies.
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| domain | founded_year | HQ Location |
HR outsourcing services are provided to businesses by Insperity.
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| domain | founded_year | HQ Location |
HR, insurance, and liability services are provided by Alera Group.
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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 Novo Group
Frequently Asked Questions about Novo Group
When was Novo Group founded?
Novo Group was founded in 2003 and raised its 1st funding round 6 years after it was founded.
Where is Novo Group located?
Novo Group is headquartered in Brookfield, United States. It is registered at Brookfield, Wisconsin, United States.
Who is the current CEO of Novo Group?
Kelly Renz is the current CEO of Novo Group.
Is Novo Group a funded company?
Novo Group is a funded company, having raised a total of $554.97K across 1 funding round to date. The company's 1st funding round was a Seed of $554.97K, raised on Mar 17, 2009.
What does Novo Group do?
Novo Group was founded in 2003 and is headquartered in Brookfield, United States. Operations focus on human resources services, including recruitment processes, talent acquisition strategies, and professional training programs. These services support organizations in identifying and developing workforce capabilities. The company operates within the staffing and consulting sector, serving clients across various industries in the United States.
Who are the top competitors of Novo Group?
Novo Group's top competitors include Randstad, Alera Group and UKG.
What products or services does Novo Group offer?
Novo Group offers Slot Games, Live Casino, Sports Betting, and Arcade Games.
Who are Novo Group's investors?
Novo Group has 1 investor. Key investors include Recruiter.com.