/Companies

Novidea

Founded 2009 · 11 known investors

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Novidea offers a cloud-native, data-driven insurance management platform built on Salesforce for the insurance industry, covering the entire insurance distribution lifecycle. It provides brokers and insurance businesses with anywhere, any-device access to customer data, analytics, and integrations via an open API architecture.

Founders & leadership

Novidea was founded in 2009 by Roi Agababa.

RARoi Agababa
Roi AgababaCEO and FounderRoi Agababa is the founder and CEO of Novidea, a company that provides a cloud-native, data-driven insurance management platform for brokers, agencies, bancassurance, and corporate risk management operations across the insurance distribution lifecycle.

Investors · 11

Also in the syndicate · 3

JAL Ventures Fund IIleadKT SquaredKT Squared LLC

Funding

SEC filings, press & company announcements

$50M disclosed across 1 of 4 rounds · 2020–2024

Source: company announcements and press reports — follow each round's link for the claim.

In the news

Frequently asked questions

What does Novidea do?
Novidea offers a cloud-native, data-driven insurance management platform built on Salesforce for the insurance industry, covering the entire insurance distribution lifecycle. It provides brokers and insurance businesses with anywhere, any-device access to customer data, analytics, and integrations via an open API architecture.
Who founded Novidea?
Novidea was founded by Roi Agababa in 2009.
Who are Novidea's investors?
Novidea's investors include 2B.VC, Battery Ventures, Cross Creek Advisors, Israel Growth Partners, JAL Ventures Ltd., 2B Angels, HarbourVest Partners (Canada), Salesforce Ventures.
How much funding has Novidea raised?
Novidea has disclosed $50M raised across 1 of its 4 known rounds.