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Novidea raises $30m in Series C funding round led by HarbourVest Partners

Apr 09, 2024•over 1 year ago

Amount Raised

$30 Million

Round Type

series c

Investors

Jal VenturesKt SquaredIsrael Growth PartnersCross CreekBattery VenturesHarbour Vest Partners

Description

Novidea has raised an extra $30m from HarbourVest Partners, taking its Series C funding round to $80m. The investment will be used for organic expansion, product innovation and acquisitions.

Company Information

Company

Novidea

About

An Insurance Software Solution that allows insurance brokers to grow revenue, increase profitability & satisfy customers. Book a FREE demo online.

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Funding Insights

Based on industry data
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech