# NoviCap

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

- Industry: Software
- Headquarters: Barcelona, Spain
- Website: www.novicap.com
- Total disclosed funding: $1.8M
- Latest round: Seed (Jul 23, 2015)
- Investors on record: 5

## About

Based in Spain, NoviCap Limited operates as a financial technology company, specializing in providing innovative funding solutions to small and medium-sized enterprises (SMEs) by optimizing their working capital.NoviCap Ltd. was founded in 2014 in Barcelona, Spain, focusing on financial solutions for SMEs. The company is led by CEO Federico Travella, who has a background in entrepreneurship. NoviCap has completed 5 deals, with its most recent transaction occurring on December 12, 2022, when it raised EUR 200 million in a VENTURE DEBT round from Fasanara Capital, bringing the total amount raised to EUR 0.76 mn.NoviCap specializes in developing solutions that target specific challenges in funding faced by various industries. Its core offerings include software applications that enhance operational efficiency and improve user engagement. These applications, first released in 2020, cater to mid-sized enterprises and large corporations in sectors such as technology, healthcare, and finance. The company markets its solutions extensively in North America and Western Europe, focusing on automating tasks and providing data analytics to support informed decision-making.NoviCap operates on a subscription model, where clients pay recurring fees for access to its software products, fostering long-term relationships. The company offers tiered pricing plans that suit various organizational needs, with flagship products priced to encourage broad adoption across target sectors. It also seeks strategic partnerships to expand its market reach and enhance its revenue streams.Following its most recent funding round on December 12, 2022, where NoviCap secured EUR 200 million in venture debt from Fasanara Capital, the company aims to boost and scale its working capital offering for SMEs, mid-market companies, and public bodies. This funding will support the development and enhancement of new products aimed at improving financial solutions within these markets.

## Funding rounds

- Seed, Jul 23, 2015, $1.8M — Partech Partners, Cabiedes & Partners, Techstars
- Seed, Oct 1, 2014 — Techstars
- Seed, Jul 1, 2014 — Lanzame, Toubkal Partners

## Investors

- Lanzame (https://capitalatlas.ai/funds/lanzame) — Seed
- Toubkal Partners (https://capitalatlas.ai/funds/toubkal-partners) — Seed
- Techstars (https://capitalatlas.ai/funds/techstars) — Seed
- Partech Partners (https://capitalatlas.ai/funds/partech-partners) — Seed
- Cabiedes & Partners (https://capitalatlas.ai/funds/cabiedes-partners) — Seed