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NovaData Solutions
Philadelphia, US · Founded 2021 · 12 employees on LinkedIn · 2 known investors
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NovaData Solutions audits property restoration invoices for insurance companies, MGAs, adjusting firms, and other insurance-related entities using proprietary technology. The company automates the identification of billing issues and cost inconsistencies to identify savings and reduce processing time.
Founders & leadership
JT
Joseph TroyNamed on SEC filing
CL
Christopher Leo TroyNamed on SEC filing
AM
Anthony Mark TroyNamed on SEC filing
Board
GE
Gary EnzorBoard director
JD
Jeffrey DavisonBoard director
Investors · 2
Reported raises · per SEC filings
Form D private placements$7.4M disclosed across 4 rounds · 2022–2026
▶$1.7MraisedMay 2026 · 15 investors · Other TechnologyRule 506(b)
▶$1.7MraisedMay 2026 · 15 investors · Other Technology
Rule 506(b)Officers, directors & promoters on the filing
- Joseph TroyExecutive Officer, Director, Promoter
- Jeffrey DavisonDirector
- Gary EnzorDirector
- Christopher Leo TroyExecutive Officer, Director, Promoter
- Anthony Mark TroyExecutive Officer, Director, Promoter
- Offering amount
- $3.5M
- Amount sold
- $1.7M
- First sale
- May 2026
- Incorporated
- Corporation, Delaware, 2021
- Federal exemptions
- 06b
▶$3MraisedJun 2025 · 15 investors · Other TechnologyRule 506(b)
▶$3MraisedJun 2025 · 15 investors · Other Technology
Rule 506(b)Officers, directors & promoters on the filing
- Gary EnzorDirector
- Anthony Mark TroyExecutive Officer, Director, Promoter
- Christopher Leo TroyExecutive Officer, Director, Promoter
- Joseph TroyExecutive Officer, Director, Promoter
- Jeffrey DavisonDirector
- Offering amount
- $3M
- Amount sold
- $3M
- First sale
- Feb 2024
- Incorporated
- Corporation, Delaware, 2021
- Federal exemptions
- 06b
▶$665KraisedMay 2025 · 9 investors · Other TechnologyRule 506(b)
▶$665KraisedMay 2025 · 9 investors · Other Technology
Rule 506(b)Officers, directors & promoters on the filing
- Gary EnzorDirector
- Joseph TroyExecutive Officer, Director, Promoter
- Christopher Leo TroyExecutive Officer, Director, Promoter
- Anthony Mark TroyExecutive Officer, Director, Promoter
- Jeffrey DavisonDirector
- Offering amount
- $665K
- Amount sold
- $665K
- First sale
- Feb 2025
- Incorporated
- Corporation, Delaware, 2021
- Federal exemptions
- 06b
▶$2.1MraisedJan 2024 · 18 investors · Other TechnologyRule 506(b)
▶$2.1MraisedJan 2024 · 18 investors · Other Technology
Rule 506(b)Officers, directors & promoters on the filing
- Christopher TroyExecutive Officer, Promoter
- Anthony Mark TroyExecutive Officer, Promoter
- Joseph TroyExecutive Officer, Promoter
- Offering amount
- $2.1M
- Amount sold
- $2.1M
- First sale
- Aug 2022
- Incorporated
- Limited Liability Company, Delaware, 2021
- Federal exemptions
- 06b
Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.
In the news
Frequently asked questions
- What does NovaData Solutions do?
- NovaData Solutions audits property restoration invoices for insurance companies, MGAs, adjusting firms, and other insurance-related entities using proprietary technology. The company automates the identification of billing issues and cost inconsistencies to identify savings and reduce processing time.
- Who are NovaData Solutions's investors?
- NovaData Solutions's investors include Activate Venture Partners, Ben Franklin Technology Partners.
- How much funding has NovaData Solutions raised?
- NovaData Solutions has disclosed $7.4M raised across 4 rounds.
- Where is NovaData Solutions headquartered?
- NovaData Solutions is headquartered in Philadelphia, US.