Novella has raised $21 Million in new Series A Funding
According to filings with the U.S. Securities and Exchange Commission, Novella has raised $21 Million in new Series A funding. The federal securities law requires the notice to be filed by companies that have sold securities without registration under the Securities Act of 1933 in an offering made under Rule 504 or 506 of Regulation D or Section 4(a)(5) of the Securities Act. A company must file this notice within 15 days after the first sale of securities in the offering. For this purpose, the date of first sale is the date on which the first investor is irrevocably contractually committed to invest. Each issuer of securities that sells its securities in reliance on an exemption provided in Regulation D or Section 4(a)(5) of the Securities Act of 1933 must file this notice containing the information requested with the U.S. Securities and Exchange Commission (SEC) and with the state(s) requiring it. If more than one issuer has sold its securities in the same transaction, all issuers should be identified in this filing with the SEC.
Investors in the current round of funding include: Brewer Lane Ventures, Box Group; Crystal Venture Partners; SV Angel; Avid Ventures; Verissimo Ventures; Blank Ventures; and global insurer Arch.
About Novella
Novella is a wholesale insurance platform that helps brokers find excess and surplus (E&S) coverage in minutes, offering instant options for lines such as commercial property and general liability when a risk is submitted. Positioning itself as a wholesaler youll love, Novella focuses on simplifying and accelerating the placement of specialty insurance by providing an easy-to-use digital portal for brokers to access markets and quote coverage. The company emphasizes broad applicability across many business types and industries, enabling brokers to efficiently serve a wide range of commercial clients with specialized coverage needs. As a technology-driven wholesaler, Novella also defines clear broker responsibilities and data practices through its terms and privacy policy, underscoring its role as a regulated, compliance-aware participant in the insurance distribution ecosystem. Notably, Novella has publicly highlighted a $21 million capital raise to super power insurance brokers, signaling both investor confidence and its ambition to modernize and scale the wholesale insurance experience.
To learn more, visit https://www.bynovella.com/
Linkedin: https://www.linkedin.com/company/novellainsurance/
Contact:
Max Kane, Chief Executive Officer
https://www.linkedin.com/in/maxkane30/
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