Novel, an Overland Park, KS-based provider of a capital intelligence platform, raised $15M in Pre-Series A funding.
Backers included MatterScale, Gaingels, as well as previous investors.
The company intends to use the funds to expand operations and its development efforts.
Led by CEO Carlos Antequera, and COO Keith Harrington, Novel provides a capital intelligence platform which leverages real-time data and AI to provide analytics, fundraising strategy, and non-dilutive capital to B2B SaaS & tech companies. Central to Novel’s offering is a subscription-based capital solution that places control in founders by eliminating costly transaction, draw, and pre-payment fees, as well as warrants.
The company has already worked with over 350+ SaaS companies and provided over $100M in non-dilutive funding.
FinSMEs
29/05/2024