Novi Connect
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Overview
Novi is a technology platform that uses AI to ingest proprietary chemical information from chemical manufacturers or suppliers and create chemical profiles at the trade material level. It enables brands and formulators on the platform to access data for any trade material of interest to assess an ingredient currently in use, find safer alternatives, or discover new ingredients that meet their standards. Retailers verify that brands only use ingredients that meet their standards.
The company is dedicated to solving the large hurdle of scalable data management by acting as the third-party to translate relevant proprietary information between suppliers and brands.
About
Industries
Information Technology, Software, Artificial Intelligence (AI), Machine Learning
Founded
2019
Employees
11-50
Headquarters locations
United States, North America
Social
N/A
Profile Resume
Novi Connect headquartered in United States, North America, operates in the Information Technology, Software, Artificial Intelligence (AI), Machine Learning sector. The company focuses on Information Technology and has secured $2.5B in funding across 48 round(s). With a team of 11-50 employees, Novi Connect is actively contributing to advancements in Information Technology. Their latest funding round, Series B - Novi Connect, raised $40.0M. Discover more about their projects, partnerships, and impact on our platform.
Funding Rounds
Funding rounds
3
Investors
5
Lead Investors
0
Total Funding Amount
$51.8M
Details
3
Novi Connect has raised a total of $51.8M in funding over 3 rounds.
| Announcement date | Transaction name | Number of Investors | Money raised | Lead Investor |
|---|---|---|---|---|
| 2020 | Seed | 1.5M | ||
| 2021 | Early Stage Venture | 10.3M | ||
| 2022 | Early Stage Venture | 40.0M |
Investors
Novi Connect is funded by 28 investors.
| Investor Name | Lead Investor | Funding Round | Partners |
|---|---|---|---|
| Sita Chantramonklasri | - | FUNDING ROUND - Sita Chantramonklasri | 40.0M |
| Siam Capital | - | FUNDING ROUND - Siam Capital | 40.0M |
| Novi Connect | - | FUNDING ROUND - Novi Connect | 40.0M |
| Marin Sonoma Impact Ventures | - | FUNDING ROUND - Marin Sonoma Impact Ventures | 40.0M |
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