# Noventis

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

- Industry: Financial Services
- Headquarters: Houston, US
- Website: www.noventispayments.com
- Total disclosed funding: $7M
- Latest round: Series D (Nov 17, 2005)
- Investors on record: 1

## About

Noventis Inc. is focused on delivering electronic payment solutions that enhance transaction efficiency and security across multiple sectors. Their offerings are designed to support businesses in managing financial interactions seamlessly.Noventis Inc. was founded in 1998 and is headquartered in Houston, US. The company specializes in electronic payment solutions, with a significant pivot towards enhancing payment delivery systems. It secured USD 7.00 mn in Series D funding from Austin Ventures in November 2005, raising its total amount raised to USD 7.00 mn thus far. The company has completed one deal during its operational period, which reflects a strategic focus on securing funding for growth initiatives. The founder's history and any other associated individuals are not specified.Noventis Inc. specializes in innovative electronic payment delivery solutions aimed at streamlining transactions across various sectors. Their core offerings encompass payment processing services that facilitate efficient financial interactions for businesses. These services address challenges related to payment efficiency, security, and reconciliation, catering to fleet operators, travel management companies, and healthcare providers, particularly within North America and parts of Europe.Noventis Inc. generates revenue primarily through transaction fees related to its electronic payment services. These B2B transactions involve tailored subscription plans for businesses requiring efficient payment processing. Their pricing structures reflect the value delivered through various payment solutions, with revenue streams driven by consistent client engagement and service utilization.Following the most recent funding round in November 2005, where Noventis raised USD 7.00 mn, the company plans to utilize these funds to expand its product offerings and enhance market reach. Future strategies include the development of new electronic payment solutions and the exploration of additional markets in North America and Europe, with specific target dates for these initiatives yet to be announced.

## Funding rounds

- Series D, Nov 17, 2005, $7M — Austin Ventures

## Investors

- Austin Ventures (https://capitalatlas.ai/funds/austin-ventures) — Series D