Novi Connect: Funding, Investors & Team (Oct 2026)
Novi is a technology platform that uses AI to ingest proprietary chemical information from chemical manufacturers or suppliers and create chemical profiles at the trade material level. It enables brands and formulators on the platform to access data for any trade material of interest to assess an ingredient currently in use, find safer alternatives, or discover new ingredients that meet their standards. Retailers verify that brands only use ingredients that meet their standards. The company is dedicated to solving the large hurdle of scalable data management by acting as the third-party to translate relevant proprietary information between suppliers and brands.
Novi Connect has raised $51.8M across 3 funding rounds on record, the most recent a Series B of $40.0M announced in Feb 2022.
That round is above the $6.0M median round size for Artificial Intelligence companies tracked on FundedIQ over the last two years.
Novi Connect Company Profile and Key Stats
Latest funding round on record: Feb 2022.
Novi Connect Funding Rounds
Novi Connect raised $1.5M in an undisclosed round announced in Mar 2020.
1.5 years later, a Series A of $10.3M was announced in Sep 2021.
5 months later, a Series B of $40.0M was announced in Feb 2022.
Novi Connect Founders and Leadership Team
Contact details for the Novi Connect team: 1 of 1 has an email address on file.
Start 14-day free trial →Novi Connect Funding Compared to Other Artificial Intelligence Startups
Novi Connect's latest round of $40.0M is above the median round in Artificial Intelligence. Medians cover the last 24 months of disclosed rounds.
Funded Startups Like Novi Connect in Artificial Intelligence and Larkspur
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Novi Connect Funding FAQs
What does Novi Connect do?
Novi is a technology platform that uses AI to ingest proprietary chemical information from chemical manufacturers or suppliers and create chemical profiles at the trade material level. It enables brands and formulators on the platform to access data for any trade material of interest to assess an ingredient currently in use, find safer alternatives, or discover new ingredients that meet their standards. Retailers verify that brands only use ingredients that meet their standards. The company is dedicated to solving the large hurdle of scalable data management by acting as the third-party to translate relevant proprietary information between suppliers and brands.
How much funding has Novi Connect raised?
Novi Connect has raised $51.8M across 3 rounds on record. The most recent is a Series B of $40.0M announced in Feb 2022.
When did Novi Connect last raise funding?
Novi Connect's most recent funding round on record is a Series B of $40.0M, announced in Feb 2022.
Who is the CEO of Novi Connect?
Kimberly Shenk is listed as CEO at Novi Connect.
Where is Novi Connect headquartered?
Novi Connect is based in Larkspur, California, United States.
How many employees does Novi Connect have?
Novi Connect is in the 11-50 employee band.
How does Novi Connect's funding compare to other Artificial Intelligence startups?
Novi Connect's latest round of $40.0M is above the $6.0M median round size for Artificial Intelligence companies on FundedIQ across 7,243 tracked companies over the last two years.
About FundedIQ's Novi Connect 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 Novi Connect is left off this page rather than filled in.
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