Novo Labs

Dallas, United States Founded: 2004 • Age: 22 yrs Acquired By SYNQ3
AI-powered conversational e-commerce solutions are offered for restaurants.
Annual revenue - Latest available
Total funding $2.0M 1 rounds
Employees - Tracked headcount
Investors 3 Known backers
Products - Services tracked
Competitors 9 Brand Intelligence

About Novo Labs

Novo Labs is a company based in Dallas (United States) founded in 2004 was acquired by SYNQ3 in June 2021. Novo Labs has raised $2 million across 1 funding round from investors including SYNQ3, Silverton Partners and Hal Brierley. Novo Labs operates in a competitive market with competitors including Toast, SpotOn, Tillster, Olo and Revel Systems, among others.

  • Headquarter Dallas, United States
  • Sectors
    Consumer
  • Email
    Locked
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
Operational Areas
Consumer → Food, Beverage & Nutrition Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $2 M (USD)

    in 1 rounds

  • Latest Funding Round
    $2 M (USD), Seed

    Apr 22, 2019

  • Investors
    SYNQ3

    & 2 more

  • Employee Count
    Not available
  • Acquired by
    SYNQ3

    (Jun 04, 2021)

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People of Novo Labs

Headcount 10-50
Employee Profiles 5
Employee Profiles
People
Matt Frey
Sr. Staff Engineer
People
Susan Mattine
Product Automation Analyst
People
Delila Lee
Software Engineer
People
Marcus Oladell
Software Engineer

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Funding Insights of Novo Labs

Novo Labs has successfully raised a total of $2M through 1 strategic funding round. The most recent funding activity was a Seed round of $2 million completed in April 2019. 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 Novo Labs

Novo Labs has secured backing from 3 investors, including venture fund and angel investors. Prominent investors backing the company include SYNQ3, Silverton Partners and Hal Brierley.

All
Venture Fund
Angel
Investor Description Founded Year Domain Location
Tech companies are funded through venture capital by Silverton Partners.
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Hal Brierley

Renowned loyalty expert, angel investor, and founder of Brierley+Partners
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Suite solutions for restaurant management and operations are provided.
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Investor details for Novo Labs

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Investments & Acquisitions by Novo Labs

Investments
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Investment portfolio details for Novo Labs

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Financial Statements - Novo Labs

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Detailed financials for Novo Labs

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Novo Labs Comparisons

Novo Labs Primary company
Description
AI-powered conversational e-commerce solutions are offered f...
Location
Dallas, United States
Founded Year
2004
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
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Peer comparison for Novo Labs

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Competitors of Novo Labs

Novo Labs 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 Toast, SpotOn, Tillster, Olo and Revel Systems, among others.

Company Name Domain Founded year HQ Location Description
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Restaurant operations are managed via a cloud-based platform.
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Provider of cloud-based POS software solutions for businesses and service providers
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SaaS solutions for restaurant online ordering and analytics are offered.
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Olo is recognized as a restaurant technology platform provider.
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Cloud-based point-of-sale solutions are offered for restaurants and bars.
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Zenput is utilized as an operations execution platform for multi-unit operators.
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Detailed competitors of Novo Labs

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Latest news on Novo Labs

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Complete news archive for Novo Labs

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Frequently Asked Questions about Novo Labs

Novo Labs was founded in 2004 and raised its 1st funding round 15 years after it was founded.

Novo Labs is headquartered in Dallas, United States. It is registered at Dallas, Texas, United States.

Novo Labs is a funded company, having raised a total of $2M across 1 funding round to date.

Founded in 2004 and based in Dallas, United States, Novo Labs operates in the AI and e-commerce sector. AI-driven platforms are developed for restaurants to handle voice-based orders via mobile devices. Integration with point-of-sale systems is facilitated to convert voice interactions into digital transactions. Operations focus on enhancing order-taking processes through conversational technology.

Novo Labs's top competitors include Toast, UrbanPiper and SpotOn.

Novo Labs has 3 investors. Key investors include SYNQ3, Silverton Partners, and Hal Brierley.

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