Novella Technologies
Latest round
- Series A
Last raised
- May 2026
Total raised
- $21M
Investors
- 8
About Novella Technologies
, focuses on tailored insurance solutions. The company was co-founded by Max Kane (CEO as of 2026), Michael Tsibelman, and Alex Broome. In May 2026, Novella Technologies Inc. Novella specializes in providing tailored insurance solutions primarily designed for commercial real estate, hospitality, and construction sectors. Their main offerings include commercial property insurance, general and excess liability coverage, and specialized insurance for various industries such as manufacturers, wholesalers, and contractors. The company's platform enables brokers to assemble shared and layered insurance programs, ensuring real-time tracking of submissions and fast turnaround for quotes, typically within 24 hours. Novella's coverage is particularly suitable for small to mid-sized risks, encompassing properties with total insured values up to USD 100 mn across diverse locations in the United States. Their products address specific needs such as flood and earthquake endorsements, especially in vulnerable coastal areas and regions like California, while also catering to urban properties including mixed-use developments and apartment buildings. Novella operates on a business-to-business model, partnering with insurance brokers to facilitate the distribution of their insurance products. The company's revenue is generated through the sale of various insurance policies and packages, focusing on providing customized coverage for complex client needs. Transactions typically involve brokers submitting client proposals, which Novella processes through its streamlined platform, allowing for efficient quote generation and policy binding. While specific pricing details for their products are not disclosed, the company offers standard limits for liability coverage and customizable options to meet unique client requirements. Novella's engagement with clients emphasizes a collaborative approach, ensuring that brokers have access to the necessary resources and support to effectively meet their clients' insurance needs.
Who invested in Novella Technologies
8 investors across 1 round
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Funding rounds
Series A
May 14, 2026
Amount
$21M
Investors
Questions about Novella Technologies
Who invested in Novella Technologies?
Novella Technologies has 8 investors on record across 1 venture round. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Novella Technologies raised?
Novella Technologies has raised 1 venture round. Sign up free to see how much each round raised and the total.
When did Novella Technologies last raise money?
Novella Technologies's most recent round on record is a Series A, in May 2026.
What does Novella Technologies do?
, focuses on tailored insurance solutions.
Where is Novella Technologies headquartered?
Novella Technologies is headquartered in New York, US.
Which VCs invest in companies like Novella Technologies?
Among active investors with capital left to deploy, Radical Ventures, Ribbit Capital, TrueBridge Capital Partners and Tribe Capital back insurance companies at Novella Technologies's stage. Their profiles are linked below.
VCs backing insurance startups at Series A
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