# NoviSci

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

- Industry: Software
- Headquarters: Durham, US
- Website: www.novisci.com
- Latest round: Seed (Sep 19, 2019)
- Investors on record: 1

## About

NoviSci Inc. specializes in web management solutions, offering comprehensive hosting control panels that empower web professionals to effectively manage their digital operations.Founded in 2019 and headquartered in Durham, US, NoviSci Inc. provides specialized web hosting management solutions. The company has undergone an acquisition by TARGET PharmaSolutions, Inc., which enhances its strategic positioning. It has executed a total of 2 deals, with the most recent one occurring on January 15, 2021.NoviSci Inc. specializes in providing Plesk, a comprehensive hosting control panel designed for web professionals. Plesk offers an array of products and services that facilitate the management of web servers, websites, and web applications, catering to various hosting needs. Its core product, the Plesk control panel, enables users to efficiently manage web, DNS, and email services through an intuitive graphical user interface (GUI). Plesk is utilized by a diverse client base, including web hosting companies, developers, and digital agencies, to streamline their operations and enhance productivity. The platform serves both traditional and cloud hosting environments, making it adaptable to a wide range of geographical markets, including North America, Europe, and Asia.NoviSci Inc.'s revenue model is primarily based on subscription services for its Plesk platform, which allows clients to access a suite of tools designed for web management and automation. Clients typically engage in annual or monthly subscription agreements, providing steady income through recurring transactions. The structure of these transactions is predominantly B2B, where web hosting providers and development agencies purchase licenses for Plesk to offer managed services to their end users. The offerings may include tiered pricing plans based on the number of domains or features, accommodating varying needs from individual developers to large-scale hosting operations. Additionally, the company may generate revenue through partnerships and collaborations that enhance its service offerings, contributing to its overall financial performance.Moving forward, NoviSci Inc. is focused on expanding its product suite with upcoming features designed to further enhance the functionality of the Plesk platform. The company is also looking to penetrate additional markets, specifically targeting growth in Europe and Asia by 2023. The recent acquisition by TARGET PharmaSolutions, Inc. will play a significant role in supporting these initiatives, leveraging resources to expedite product development and market entry.

## Funding rounds

- Seed, Sep 19, 2019 — Hatteras Venture Partners

## Investors

- Hatteras Venture Partners (https://capitalatlas.ai/funds/hatteras-venture-partners) — Seed