Novarca
Latest round
- Series C
Last raised
- Oct 2022
Total raised
- $31M
Investors
- 13
About Novarca
Founded in 2015 and headquartered in Tokyo, Japan, Novarca provides cross-border business solutions that enhance social commerce and e-commerce. The company's founder, Marcel Staub, previously founded other ventures, contributing to its innovative approach.Novarca specializes in providing a comprehensive cross-border business platform that facilitates social commerce and cross-border e-commerce support, primarily targeting markets in China, ASEAN, and Western countries. Their core offerings include data-driven solutions that connect producers with consumers, effectively optimizing supply chains and enabling brands to grow in international markets. By leveraging advanced data technology, Novarca focuses on market and consumer analysis, promotional strategies, and distribution channels, ensuring seamless integration for their clients.Novarca generates revenue through various transaction structures catering to both B2B and B2C markets. Their business model relies on partnerships with large corporations, offering distinct services, including market analysis, consumer insights, and promotional strategies tailored to specific regional demands. These services are structured around subscription models or project-based fees, ensuring predictable revenue flows while providing clients with essential resources for penetrating international markets. Each engagement may involve tailored pricing plans based on the complexity of the services provided, particularly concerning their flagship products that facilitate brand growth.3 billion in October 2022, Novarca plans to develop its platform further, increase its workforce, and expand its business operations. The company is focused on launching new products designed to enhance their service offerings, though specific release dates have not been disclosed. Novarca intends to penetrate additional markets within China and other ASEAN regions, targeting expansion by the end of 2023.
Who invested in Novarca
13 investors across 4 rounds
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Questions about Novarca
Who invested in Novarca?
Novarca has 13 investors on record across 4 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Novarca raised?
Novarca has raised 4 venture rounds. Sign up free to see how much each round raised and the total.
When did Novarca last raise money?
Novarca's most recent round on record is a Series C, in Oct 2022.
What does Novarca do?
Founded in 2015 and headquartered in Tokyo, Japan, Novarca provides cross-border business solutions that enhance social commerce and e-commerce.
Where is Novarca headquartered?
Novarca is headquartered in Tokyo, Japan.
Which VCs invest in companies like Novarca?
Among active investors with capital left to deploy, Shanghai State-owned Capital Investment Leading Fund, Hui Hua Fund, Yufu Capital and ICBC Capital Management back marketing/advertising companies at Novarca's stage. Their profiles are linked below.
VCs backing marketing/advertising startups at Series C
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