NovoDynamics

Ann Arbor, United States Founded: 2001 • Age: 25 yrs
Artificial Intelligence based Pattern recognition and analytics software

About NovoDynamics

NovoDynamics is a company based in Ann Arbor (United States) founded in 2001.. The company has 16 employees as of December 31, 2022. NovoDynamics offers products and services including NovoHealth Dental and Claim Quality Assessment. NovoDynamics operates in a competitive market with competitors including Verily, IQVIA, Perfios, Axtria and CluePoints, among others.

  • Headquarter Ann Arbor, United States
  • Employees 16 as on 31 Dec, 2022
  • Sectors
    Healthcare
    Technology Financial Services
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Novodynamics, Inc.
Operational Areas
Healthcare → Health Technology & Digital Health
Technology → Cloud, Data & Analytics Infrastructure
Technology → Cloud, Data & Analytics Infrastructure
Financial Services → FinTech & Digital Finance
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
  • Investors
  • Employee Count
    16

    as on Dec 31, 2022

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Products & Services of NovoDynamics

NovoDynamics offers a comprehensive portfolio of products and services, including NovoHealth Dental and Claim Quality Assessment. 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.

Primary

Software for evaluating insurance claims and detecting fraud efficiently.

Pre-checks claims for completeness and correctness before review.

People of NovoDynamics
Headcount 10-50
Employee Profiles 1
Employee Profiles
People
David Rock
CEO & Board Chair

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Teams

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Funding Insights of NovoDynamics

  • Total Funding
  • Total Rounds 2
  • Last Round
  • First Round
  • Investors Count 1
Date Amount Transaction Name Valuation Lead Investors Investors
Apr, 2007 Amount Series A - NovoDynamics Valuation

investors

Jan, 2003 Amount Seed - NovoDynamics Valuation

investors

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in NovoDynamics

NovoDynamics has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include In-Q-Tel. 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.

All
Venture Fund
Investor Description Founded Year Domain Location
Venture capital firm
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by NovoDynamics

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - NovoDynamics

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Novodynamics Comparisons

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Competitors of NovoDynamics

NovoDynamics 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 Verily, IQVIA, Perfios, Axtria and CluePoints, 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
AI-based solutions for health management are provided.
domain founded_year HQ Location
Clinical research and commercialization solutions are provided for healthcare.
domain founded_year HQ Location
Provides financial technology solutions for data analysis and verification globally.
domain founded_year HQ Location
Data analytics and AI solutions are provided for life sciences.
domain founded_year HQ Location
Provider of AI-based software for risk-based monitoring and data quality oversight for clinical trial studies
domain founded_year HQ Location
AI-driven solutions for healthcare operations are provided.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Novodynamics

Frequently Asked Questions about NovoDynamics

When was NovoDynamics founded?

NovoDynamics was founded in 2001 and raised its 1st funding round 2 years after it was founded.

Where is NovoDynamics located?

NovoDynamics is headquartered in Ann Arbor, United States. It is registered at Ann Arbor, Michigan, United States.

How many employees does NovoDynamics have?

As of Dec 31, 2022, the latest employee count at NovoDynamics is 16.

What does NovoDynamics do?

NovoDynamics was founded in 2001 and is based in Ann Arbor, United States. Solutions in artificial intelligence for pattern recognition and predictive analytics are offered, targeting big data in automotive, healthcare, and government verticals. Proprietary supervised and unsupervised machine learning algorithms are utilized. Key offerings include OCR-based document capture and AI-driven inventory management for the automotive spares industry.

Who are the top competitors of NovoDynamics?

NovoDynamics's top competitors include Verily, Perfios and IQVIA.

What products or services does NovoDynamics offer?

NovoDynamics offers NovoHealth Dental and Claim Quality Assessment.

Who are NovoDynamics's investors?

NovoDynamics has 1 investor. Key investors include In-Q-Tel.

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