# Knovel

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/knovel

- Industry: Software
- Headquarters: New York, US
- Website: www.why.knovel.com
- Total disclosed funding: $7.2M
- Latest round: Series C (Mar 7, 2007)
- Investors on record: 7

## About

Knovel Corp specializes in providing advanced data and analytics solutions tailored for engineering and scientific professionals, facilitating informed decision-making and enhancing productivity in various sectors.Knovel Corp is a provider of data and analytics solutions aimed at engineering and scientific professionals. Based in New York, US, the company was founded by Sasha Gurke. In January 2013, Knovel Corp was acquired by Elsevier, Inc. for undisclosed terms. They have secured funding through a total of 7 deals, with their most recent investment round occurring on January 7, 2013, which raised USD 90,000 from Cue Ball Capital. The total amount raised by the company amounts to USD 90,000.Knovel Corp's core offerings consist of advanced data and analytics solutions that cater specifically to engineers, researchers, and students. Their flagship service is a digital platform that grants users access to a comprehensive repository of technical information, engineering tools, and industry-standard references, thus enhancing productivity in project execution across key sectors such as manufacturing, construction, and education.Knovel Corp operates primarily on a subscription-based revenue model, allowing clients to access its extensive database and tools on a recurring basis. Clients engage in annual or multi-year contracts that provide full access to the platform's resources, including regular updates and new features. This Business-to-Business (B2B) model targets organizations and institutions rather than individual consumers, and while specific pricing tiers are not disclosed, they vary based on the required scale of access and user numbers within organizations.Following its acquisition by Elsevier, Inc. in January 2013, Knovel Corp is focused on expanding its product offerings and geographic reach. There are plans for the introduction of new products designed to further enhance data analytics capabilities for clients. The company aims to penetrate additional markets, specifically targeting growth in the Asia-Pacific region, with expansion efforts expected to commence in the near future. Recent funding will be strategically utilized to support these initiatives, although specific details regarding the product launches and market entry timelines have not been disclosed.

## Funding rounds

- Series C, Mar 7, 2007, $2.7M — Stonehenge Growth Capital, Tribeca Venture Partners, Himalaya Capital Ventures
- Series C, Jul 26, 2005, $4.5M — GCM Grosvenor, Stonehenge Growth Capital, Activate Venture Partners, Himalaya Capital Ventures, Silicon Alley Venture Partners, New York Ventures

## Investors

- GCM Grosvenor — Series C
- Stonehenge Growth Capital (https://capitalatlas.ai/funds/stonehenge-growth-capital) — Series C
- Activate Venture Partners (https://capitalatlas.ai/funds/activate-venture-partners) — Series C
- Himalaya Capital Ventures — Series C
- Silicon Alley Venture Partners (https://capitalatlas.ai/funds/silicon-alley-venture-partners) — Series C
- New York Ventures (https://capitalatlas.ai/funds/new-york-ventures) — Series C
- Tribeca Venture Partners (https://capitalatlas.ai/funds/tribeca-venture-partners) — Series C