What is NOVICAP?
NOVICAP is at the forefront of revolutionizing business financing by enabling direct working capital provision from investors to businesses. This innovative model allows companies to concentrate on growth rather than being encumbered by outstanding invoices. The company actively seeks dynamic individuals with strong communication skills and a confident demeanor to join its team, fostering a collaborative environment with experienced consultants and a high-caliber team.
How much funding has NOVICAP raised?
NOVICAP has raised a total of $215.9M across 3 funding rounds:
Angel/Seed
$1.7M
Private Equity
$1.2M
Debt
$213M
Angel/Seed (2015): $1.7M with participation from Techstars Ventures and Partech Ventures
Private Equity (2017): $1.2M led by Partech Ventures
Debt (2022): $213M supported by Fasanara Capital
Key Investors in NOVICAP
Techstars Ventures
Techstars Ventures is an early-stage venture capital firm that supports entrepreneurs in building thriving startup communities through accelerator programs and investment funds.
Partech Ventures
Partech is a global investment firm providing capital, operational experience, and strategic support to entrepreneurs at seed, venture, and growth stages across multiple continents.
Fasanara Capital
Fasanara Capital is an institutional asset manager and a pioneer in fintech investing, focusing on innovative financial solutions and investment strategies for institutional investors.
What's next for NOVICAP?
The recent major strategic investment signals a pivotal phase for NOVICAP, likely indicating a move towards scaling operations and expanding its market reach. This infusion of capital is expected to accelerate the development of its platform and enhance its service offerings to businesses seeking efficient working capital solutions. The company's focus on direct investor-to-business financing positions it for significant disruption in the traditional lending landscape.
See full NOVICAP company page