Novo
Techstars '17New York City, US · Founded 2015 · Delaware corporation · 416 employees on LinkedIn · 4 known investors
Novo offers merchant cash advances to small business owners to manage cash flow gaps. The platform provides quick funding for operational expenses like equipment, vehicles, and inventory without hidden fees.
Founders & leadership
Novo was founded in 2015 by Michael Rangel.
MR
Michael RangelinFounder & Board Member
SS
Stephen SywakNamed on SEC filing
JH
Jordan HarveyNamed on SEC filing
JM
Justin MeltzerNamed on SEC filing
Investors · 4
Reported raises · per SEC filings
Form D private placements$600K disclosed across 1 round · 2016
▶$600KraisedMay 2016 · 1 investors · Other TechnologyRule 506(b)
▶$600KraisedMay 2016 · 1 investors · Other Technology
Rule 506(b)Officers, directors & promoters on the filing
- Stephen SywakExecutive Officer, Director, Promoter
- Jordan HarveyExecutive Officer, Director, Promoter
- Justin MeltzerExecutive Officer, Director, Promoter
- Offering amount
- $850K
- Amount sold
- $600K
- First sale
- May 2016
- Incorporated
- Corporation, Delaware, 2015
- Federal exemptions
- 06b
Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.
Competitors · 9
by search overlap
Intuit®2865 shared keywordsIntuit develops financial software products—including TurboTax, Credit Karma, QuickBooks, and Mailchimp—for consumers and small businesses to manage taxes, credit, accounting, and marketing. It serves approximately 100 million customers worldwide.
Wise2009 shared keywordsWise is a financial platform offering international money transfers, multi-currency accounts, and debit cards with low fees and competitive exchange rates, serving millions of users globally.
Nav1968 shared keywordsNav provides transparent business and personal credit insights, cash flow data, and financial tools to help small business owners access trade credit, supplier terms, and funding opportunities.
Chase1685 shared keywordsA wealth management and investing service (J.P. Morgan Wealth Management via Chase) offering self-directed brokerage accounts with commission-free online trades as well as one-on-one advisor services, financial planning tools, and retirement accounts. It serves individual retail investors ranging from beginners to experienced investors in the United States.
Capital One1414 shared keywordsCapital One is a financial services company that offers credit cards, checking and savings accounts, auto financing, and business banking products to consumers and small businesses. The company provides digital banking tools, rewards programs, and credit monitoring services.
Zenbusiness1338 shared keywordsZenBusiness provides an all-in-one platform combining AI-powered guidance (Velo) with customer support to help entrepreneurs start, protect, and grow their businesses through business formations and compliance services. The platform serves business owners at all stages, from first-time LLC filers to established companies managing bookkeeping and regulatory requirements.
Square1309 shared keywordsSquare is a financial services platform that provides point-of-sale systems, payment processing, payroll management, and cash flow tools for small and medium-sized businesses. The platform integrates with hundreds of third-party applications to help merchants manage operations across online and offline channels.
LegalZoom.com, Inc.1307 shared keywordsThis is an educational article on the LegalZoom website explaining what a limited liability company (LLC) is, including its types, tax treatment, formation process, and legal considerations. LegalZoom provides online legal services to help small and mid-size businesses register and manage LLCs and other business structures.
Stripe1235 shared keywordsStripe provides financial infrastructure for businesses to accept payments, offer financial services, and implement custom revenue models across international markets in 135+ currencies.
Companies competing with Novo for the same Google search keywords, organic and paid, via search-intersection analysis.
In the news
Frequently asked questions
- What does Novo do?
- Novo offers merchant cash advances to small business owners to manage cash flow gaps. The platform provides quick funding for operational expenses like equipment, vehicles, and inventory without hidden fees.
- Who founded Novo?
- Novo was founded by Michael Rangel in 2015.
- Who are Novo's investors?
- Novo's investors include 137 Ventures, Notable Capital, Techstars, Valar Ventures Llc.
- How much funding has Novo raised?
- Novo has disclosed $600K raised across 1 round.
- Where is Novo headquartered?
- Novo is headquartered in New York City, US.