What is Novee?
Novee operates at the intersection of artificial intelligence and offensive security. Founded by veterans of Israeli intelligence, the company has developed a proprietary platform that utilizes autonomous AI Hackers to perform continuous penetration testing. Unlike traditional, periodic security audits, Novee provides real-time vulnerability assessment with a reported 90% accuracy rate. This capability allows organizations to proactively identify and neutralize complex threats before they can be exploited by malicious actors. By automating the labor-intensive aspects of security testing, Novee enables enterprise IT teams to maintain a robust defensive posture while significantly reducing the time-to-remediation for critical vulnerabilities.
How much funding has Novee raised?
Novee has raised a total of $51.5M across 1 funding round:
Series A
$51.5M
Series A (2026): $51.5M with participation from YL Ventures, Zeev Ventures, and Canaan Partners
Key Investors in Novee
YL Ventures
YL Ventures is a cybersecurity focused venture capital firm that partners with Israeli founders from first idea to global scale, combining deep security expertise, hands on company building support and a powerful network of security leaders and customers.
Zeev Ventures
Zeev Ventures is an early-stage venture fund that invests in technology, financial, e-commerce, and consumer service sectors, providing critical support from initial rounds through subsequent growth phases.
Canaan Partners
Canaan is an early-stage venture capital firm that invests in technology and healthcare companies, backing founders from seed through growth stages in areas such as enterprise software, fintech, and digital health.
What's next for Novee?
With this major enterprise-level funding, Novee is well-positioned to accelerate its product development roadmap and expand its global footprint. The capital will likely be deployed to scale engineering operations in Tel Aviv and bolster go-to-market strategies in the United States. As the demand for automated, AI-driven security solutions continues to surge, Novee is expected to focus on deepening its platform integrations and expanding its client base among Fortune 500 companies. The strategic support from its lead investors provides not only the necessary financial runway but also access to a deep network of security leaders and enterprise customers, which will be instrumental in establishing Novee as a category leader in the automated penetration testing market.
See full Novee company page