# NovaData Solutions

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/novadata-solutions

- Industry: Software
- Headquarters: Haverford, US
- Website: www.novadata-solutions.com/
- Total disclosed funding: $0.6M
- Latest round: Series A (Feb 1, 2024)
- Investors on record: 2

## About

Based in Penssilvanya, US, and founded in 2021 by co-founders Anthony Troy (CEO) and Christopher Troy,NovaData Solutions Inc. operates as a provider of AI-based software for property restoration invoice analysis, automated invoice review, validation, and reconciliation to the insurance industry and commercial property owners. In February 2024, NovaData Solutions Inc. raised USD 0.625 million in Series A funding led by Activate Venture Partners, with participation from Ben Franklin Technology Partners.

The company offers Rest-Assured, an invoice auditing platform, to help in the detection of issues within property restoration invoices to various organizations, such as adjusting firms, building consultants, insurance companies, and self-insured businesses, to provide comparisons against industry standards. Additionally, the firm also provides services for automating the review and reconciliation of invoices.

## Funding rounds

- Series A, Feb 1, 2024, $0.6M — Ben Franklin Technology Partners, Activate Venture Partners

## Investors

- Ben Franklin Technology Partners (https://capitalatlas.ai/funds/ben-franklin-technology-partners) — Series A
- Activate Venture Partners (https://capitalatlas.ai/funds/activate-venture-partners) — Series A