# Novu

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/novu-2

- Industry: Software
- Headquarters: Tel Aviv, Israel
- Website: www.novu.co
- Total disclosed funding: $6.6M
- Latest round: Seed (May 11, 2022)
- Investors on record: 4

## About

Founded in 2021, and based in Tel Aviv, Israel, Novu operates as a software developer of open-source notifications infrastructure for developers that enables users to focus more on the product’s core features. In May 2022, Novu raised USD 6.6 million in Seed funding from Crane Venture Partners, including ENIAC Ventures, MXV Capital, and Entrée Capital. Tomer Barnea (CEO) and Dima Grossman are the co-founders of the company. 

The company offers an open-source notification infrastructure for developers, which includes components and APIs for managing all communication channels in one place, including email, SMS, direct, and push. The firm solves many use cases such as digests, user preference, priority management, monitoring, content management, and timezone awareness. Novu also develops a real-time notification centre with its embeddable components. 

The organization plans to use the May 2022 funding to accelerate its growth and expand its products, team, and business operations.

## Funding rounds

- Seed, May 11, 2022, $6.6M — Eniac Ventures, Entree Capital, Crane Venture Partners, MXV Capital

## Investors

- Eniac Ventures (https://capitalatlas.ai/funds/eniac-ventures) — Seed
- Entree Capital (https://capitalatlas.ai/funds/entree-capital) — Seed
- Crane Venture Partners (https://capitalatlas.ai/funds/crane-venture-partners) — Seed
- MXV Capital (https://capitalatlas.ai/funds/mxv-capital) — Seed