FundedIQ
Artificial Intelligence

Novella: Funding, Investors & Team (Oct 2026)

Novella is an InsurTech company that develops products for general liability, commercial property, and Lloyd's of London using AI.

www.bynovella.com LinkedIn New York, United States 1-10 employees
Artificial Intelligence (AI) Insurance InsurTech
Total raised
$21.0M
Rounds
1
Latest
Series A
May 2026

Novella has raised $21.0M across 1 funding round on record, the most recent a Series A of $21.0M announced in May 2026.

That round is above the $6.0M median round size for Artificial Intelligence companies tracked on FundedIQ over the last two years.

Novella Company Profile and Key Stats

Total funding raised
$21.0M
across 1 round on record
Funding rounds on record
1
Latest funding round
Series A
$21.0M in May 2026
Employees
1-10
reported band
Headquarters
New York, United States

Latest funding round on record: May 2026.

Novella Funding Rounds

Date
Round
Amount
Series A
$21.0M

Novella Founders and Leadership Team

Name
Role
Contact
Michael C
Founder
Locked

Contact details for the Novella team: 1 has a LinkedIn profile.

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Novella Funding Compared to Other Artificial Intelligence Startups

Segment
Companies
Median round
30,234
$7.6M
8,558
$15M

Novella's latest round of $21.0M is above the median round in Artificial Intelligence. Medians cover the last 24 months of disclosed rounds.

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Novella Funding FAQs

What does Novella do?

Novella is an InsurTech company that develops products for general liability, commercial property, and Lloyd's of London using AI.

How much funding has Novella raised?

Novella has raised $21.0M across 1 round on record. The most recent is a Series A of $21.0M announced in May 2026.

When did Novella last raise funding?

Novella's most recent funding round on record is a Series A of $21.0M, announced in May 2026.

Who founded Novella?

FundedIQ lists Michael C (Founder) at Novella.

Where is Novella headquartered?

Novella is based in New York, New York, United States.

How many employees does Novella have?

Novella is in the 1-10 employee band.

How does Novella's funding compare to other Artificial Intelligence startups?

Novella's latest round of $21.0M is above the $6.0M median round size for Artificial Intelligence companies on FundedIQ across 7,241 tracked companies over the last two years.

About FundedIQ's Novella 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 Novella is left off this page rather than filled in.

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