Fundraising Fox

Novidea

6 known investors

novidea.com ↗

Novidea provides a cloud-native, data-driven insurance distribution platform built on Salesforce that digitalises the entire insurance lifecycle from quotes and upselling to accounting and claims. It serves insurance brokers, MGAs, and coverholders, offering an open API framework and a unified view of customer and stakeholder data.

FintechInsurTechSaaSin /novidea-software

Founders & leadership

RA
Roi AgababainFounder

Investors · 6

Cross Creek AdvisorsSalt Lake City
Israel Growth PartnersHerzliya · $10M – $110M
JAL Ventures Ltd.Herzliya
2B AngelsreportedTel Aviv · $800K – $11M
Battery VenturesreportedBoston · $500K – $100M
HarbourVest Partners (Canada)reportedBoston

In the news

Novidea garners another $30m in Series C fundinglifeinsuranceinternational.com · Apr 2024Cloud-native insurance platform Novidea bags $50m Series Cfintech.global · May 2023Novidea Raises $50 Million in Series C Funding Led by Battery Venturesprnewswire.com · May 2023JAL Ventures News - JAL Venturesjalventures.com · Dec 2021Novidea secures $30 million in Series Bnovidea.com · Jun 2021Insurtech startup Novidea raises $15 million in series B round - CTechcalcalistech.com · Nov 2020

Frequently asked questions

What does Novidea do?
Novidea provides a cloud-native, data-driven insurance distribution platform built on Salesforce that digitalises the entire insurance lifecycle from quotes and upselling to accounting and claims. It serves insurance brokers, MGAs, and coverholders, offering an open API framework and a unified view of customer and stakeholder data.
Who founded Novidea?
Novidea was founded by Roi Agababa.
Who are Novidea's investors?
Novidea's investors include Cross Creek Advisors, Israel Growth Partners, JAL Ventures Ltd., 2B Angels, Battery Ventures, HarbourVest Partners (Canada).