TLDR:
Key Points:
- Novel, a fintech company based in Overland Park, secures $15 million in funding to revolutionize growth for SaaS startups.
- The funding round was co-led by IGNIA Partners and Ulu Ventures, with participation from MatterScale, Gaingels, and KCRise Fund.
A fresh injection of capital has been secured by Novel, a fintech company based in Overland Park, to revolutionize growth for SaaS startups with its Capital Intelligence platform. Led by tech founders Carlos Antequera and Keith Harrington, Novel leverages real-time data and AI to provide analytics, fundraising strategy, and non-dilutive capital to B2B SaaS and tech companies. The $15 million oversubscribed pre-Series A round was co-led by IGNIA Partners and Ulu Ventures, with participation from MatterScale, Gaingels, and KCRise Fund. This funding boosts Novel’s total funding to over $130 million, fueling its mission to transform how tech founders fund and grow their businesses. The Capital Intelligence platform equips founders with non-dilutive capital and strategic tools to make more informed fundraising decisions, enabling faster scaling and better exits. Novel’s innovative Capital-as-a-Service model places control in the hands of founders, eliminating costly fees and providing a data-driven approach to growth and risk assessment. With offerings like the CEO Dashboard, Valuation Tool, and VentureMatch, Novel is providing essential tools and capital to ensure the success of every tech founder.
