Fundraising Fox

Novel Effect

Techstars '17

Seattle, US · Founded 2015 · Delaware corporation · 8 known investors

noveleffect.com ↗

Novel Effect is an app that adds interactive music, sound effects, and character voices to children's books during read-alouds, designed to enhance literacy engagement and comprehension for students in pre-K through 5th grade. The tool supports phonics, fluency, and reading motivation while complementing physical books already available in classrooms and libraries.

AI & Machine LearningEdTechFintechGamingMedia & Entertainmentin /novel-effect-inc-@Novel_Effect

Founders & leadership

MH
Melissa HammersleyDirector
BC
Bill CarrDirector
MH
Matthew HammersleyExecutive Officer, Director
DL
Daniel LeffDirector
NG
Nick GroufDirector

Investors · 8

Alpha EdisonLos Angeles · $1M – $10Mvia NICK GROUF · board
Project Voice Capital PartnersSeattlevia Marc Ladin · inferred
TechstarsBoulder · $220K
Alexa Fundreported
Lux CapitalreportedNew York · $100K – $100M
MaveronreportedSeattle · $5M – $10M
TenOneTen VenturesreportedLos Angeles · $500K – $5M
Waverley CapitalreportedPalo Alto · $500K – $10M

Reported raises · per SEC filings

Form D private placements
▶$4.2MraisedMay 2018 · 29 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • Bill CarrDirector
  • Matthew HammersleyExecutive Officer, Director
  • Nick GroufDirector
  • Daniel LeffDirector
  • Melissa HammersleyDirector
Offering amount
$4.5M
Amount sold
$4.2M
First sale
May 2018
Incorporated
Corporation, Delaware, 2015
Federal exemptions
06b
Full filing on SEC EDGAR ↗

Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.

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