Nova Benefits: Funding, Investors & Team (Sep 2026)
Nova Benefits operates as a B2B health insurance platform. Nova Benefits is an employee benefits platform centered around corporate health insurance. It helps save HR time by eliminating manual workflows.
Nova Benefits has raised $31.1M across 3 funding rounds on record, the most recent a Series B of $30.0M announced in May 2022.
That round is above the $4.7M median round size for Administrative Services companies tracked on FundedIQ over the last two years.
Nova Benefits Company Profile and Key Stats
Latest funding round on record: May 2022.
Nova Benefits Funding Rounds
Nova Benefits raised $1.0M in a Seed announced in Apr 2021.
10 months later, an undisclosed round of $100k was announced in Feb 2022.
3 months later, a Series B of $30.0M was announced in May 2022.
Nova Benefits Founders and Leadership Team
Contact details for the Nova Benefits team: 1 of 1 has an email address on file.
Start 14-day free trial →Nova Benefits Funding Compared to Other Administrative Services Startups
Nova Benefits' latest round of $30.0M is above the median round in Administrative Services. Medians cover the last 24 months of disclosed rounds.
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Nova Benefits Funding FAQs
What does Nova Benefits do?
Nova Benefits operates as a B2B health insurance platform. Nova Benefits is an employee benefits platform centered around corporate health insurance. It helps save HR time by eliminating manual workflows.
How much funding has Nova Benefits raised?
Nova Benefits has raised $31.1M across 3 rounds on record. The most recent is a Series B of $30.0M announced in May 2022.
When did Nova Benefits last raise funding?
Nova Benefits' most recent funding round on record is a Series B of $30.0M, announced in May 2022.
Who is the CEO of Nova Benefits?
Saransh Garg is listed as CEO at Nova Benefits.
Where is Nova Benefits headquartered?
Nova Benefits is based in Bengaluru, Karnataka, India.
How many employees does Nova Benefits have?
Nova Benefits is in the 101-250 employee band.
How does Nova Benefits' funding compare to other Administrative Services startups?
Nova Benefits' latest round of $30.0M is above the $4.7M median round size for Administrative Services companies on FundedIQ across 1,897 tracked companies over the last two years.
About FundedIQ's Nova Benefits Funding Data
FundedIQ tracks announced funding rounds and refreshes this profile every week. Round dates, stages and amounts are normalised to a single format, converted to US dollars, and de-duplicated: two records of the same round announced days apart are merged, and two genuinely different rounds are kept apart on the amounts they disclose. Amounts shown are the disclosed figures only — a round announced without a number is listed and excluded from the total rather than estimated.
Employee counts are reported bands, not exact headcounts. Founder and executive names carry the job title on record. Anything we do not hold for Nova Benefits is left off this page rather than filled in.
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